35 Vehicles Lose Value Fast

Published on 03/30/2020
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Mitsubishi Lancer

Lancers just don’t have the build quality and reliability as other vehicles of the same type, having a negative effect on the resale value. Mitsubishi models overall suffer an above-average rate of 33% depreciation in the first year, but the Lancer tops it with a 40% drop. The projected cost of ownership when looking at buying a Lancer will leave you with the realization that a Mini Cooper will actually be a cheaper purchase. Something to keep in mind, because then a used Mitsubishi could be a better option.

Mitsubishi Lancer

Mitsubishi Lancer

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Cadillac CTS

A 2018 CTS from Cadillac will now be valued at 54% less than the day it left the showroom. That means the $60,000 price tag has been reduced to mind-blowing $32,400 for a year-old luxury car, and while the decline is not nearly as steep from here, you can get a 2015 CTS for 40% of the original market suggested retail price if you’re looking for a Caddy. It is time to ditch the valued stereotype attached to luxury cars.

Cadillac CTS

Cadillac CTS

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