Depreciation is one of a new-car buyer’s largest long-term expenses, and savvy shoppers look for models that hold onto their value steadfastly to bring in more money at trade-in time. Resale value is especially important to those leasing a car, as monthly payments are largely based on what a vehicle will be worth two or three years down the road.
Predictions of future value for any depreciating asset, however, are essentially educated guesses, albeit ones based on assorted economic factors, historical data including used-vehicle auction values and supply and demand projections. Having already highlighted the rides that generate the highest rate of return in an earlier story, we move on to consider the other end of the spectrum, namely new cars that are expected to lose their values the quickest. This data is according to a study recently conducted by the used-vehicle website Carlypso.com, based on an analysis of over 46,000 wholesale transactions among pre-owned model-year 2015 vehicles1. Nissan Leaf
The
full-electric Leaf tops the list of models that lose their original
values the quickest, as compiled by the website Carlypso.com. Rankings
are based on an analysis of over 46,000 wholesale transactions among
pre-owned model-year 2015 vehicles. Already taking a hit by virtue of a
$7,500 federal tax credit and recent price reductions, the Leaf’s
resale value further suffers the sting of cheap gas; it’s predicted to
lose 48% of its original MSRP in its first year on the road.
2. Dodge Charger
Full-size
sedan sales are in the doldrums these days, with big trucks and SUVs
picking up the slack, which helps explain why this modern-day muscle car
is expected to lose 45% of its original MSRP after one year.
3. Mercedes-Benz SL-Class
Mercedes’
$84,000 flagship roadster is a truly sporty and opulent two-seater, but
it bleeds money once it’s driven off the dealer’s lot, losing 41% of
its original MSRP after one year.
4. Chevrolet Camaro
With
a redesigned Camaro not being released until 2016, and a revamped Ford
Mustang kicking its posterior in the meantime, 2015 models can be
expected to lose 39% of its original MSRP after one year.
5. Kia Cadenza
It’s
a nice enough ride, but Kia’s near-luxury large sedan has never
resonated with buyers, with the relative few that are sold being subject
to a 38% hit in resale value after one year.
6. Volkswagen Beetle
Where the latter-day version of VW’s iconic coupe once turned heads, it’s now just one more model on a dealer’s lot, and is further tarnished by the automaker’s diesel emissions scandal. Expect the Beetle to lose 37% of its original MSRP after one year7. Chevrolet Express
The
only truck on Calypso’s worst resale values list is Chevy’sfull-size
van. Offered in cargo and passenger versions it’s a hard worker, but has
been around a long time in its current version, and has since been
overshadowed by newer products at Ford and Ram. It’s expected to lose
37% of its original MSRP after one year.
8. Mitsubishi Lancer
While sales of Mitsubishi’s crossover SUVs are growing, its passenger cars remain a tough sell, with the compact Lancer losing 35% of its original MSRP after one year9. Kia Optima
Slotted
directly below the aforementioned Cadenza in Kia’s lineup is the
midsize Optima sedan; it’s roomy and comfortable, and comes powered by
either of two fuel-efficient four-cylinder engines; updated for 2016,
the 2015 versions are expected to lose 35% of their original MSRP after
one year.
10. Cadillac CTS
Redesigned
for 2014, Cadillac’s sporty midsize sedan came with many updates,
including a jarringly higher price; generous sales incentives have
helped ease the sticker shock, which is one reason why the CTS is
expected to lose 34% of its original MSRP after one year.
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