{"id":812,"date":"2016-12-07T16:37:58","date_gmt":"2016-12-07T12:37:58","guid":{"rendered":"http:\/\/www.simplycarbuyers.com\/blog\/?p=812"},"modified":"2019-01-26T13:16:42","modified_gmt":"2019-01-26T09:16:42","slug":"the-6-fastest-depreciating-cars-in-usa","status":"publish","type":"post","link":"https:\/\/www.simplycarbuyers.com\/blog\/the-6-fastest-depreciating-cars-in-usa\/","title":{"rendered":"The 6 fastest depreciating cars in USA"},"content":{"rendered":"

\"car-depreciation\"<\/a>Although most car buyers are aware of the fact that a brand-new vehicle loses a large chunk of its value as soon as it leaves the dealership forecourt, it\u2019s something many of us try not to think about too much. With cognitive dissonance at play, we can’t help feeling disgruntled, and with good reason, too. On average, a car loses over 20% of its purchase value in just 12 months.<\/p>\n

However, some automobiles depreciate in value quicker than others \u2013 and the results might surprise you. Even luxury cars aren\u2019t immune from the purchase price plummet. Without further ado, let\u2019s take a look at the six fastest depreciating cars in the USA today:<\/p>\n

6. Nissan Maxima<\/strong>
\nIt might be a beautiful vehicle with relatively timeless style, but even when the Nissan Maxima is still in fashion one year down the line, it will still depreciate by the tune of almost $12,500.<\/p>\n

5. Mercedes Benz C520<\/strong>
\n\u201cOh lord\u201d, as Janis Joplin once sang, \u201cwon\u2019t you buy me a Mercedes Benz?\u201d – If Janice was aware of how much a C520 deteriorates in value after a year she might have reconsidered. You can expect a brand new C520 to be worth $15,247 (or 34.3%) less just twelve months down the line.<\/p>\n

4. Kia Cadenza<\/strong>
\nHyundai currently owns 33.9% of Kia Motors, which is almost the same percentage you can expect a brand new Cadenza to drop in price after a year. The price difference sits at 34.3%, which is rough $12,940.<\/p>\n

3. Volvo S60<\/strong>
\nWe all know that Volvo is responsible for some of the best cars on the market \u2013 sure, they may lack pizazz, but they make up for it by being reliable workhorses. That said, a brand new S60 will be worth on average $14,204 less after one year; a price drop of 34.4%.<\/p>\n

2. Lincoln MKS<\/strong>
\nThe Lincoln MKS is a sturdy, durable vehicle designed to go the distance. Despite this, you can expect it to lose over $16,000 in price in just twelve months. That\u2019s a percentage of 34.5 \u2013 insanity!<\/p>\n

1. Fiat 500L<\/strong>
\nOver the course of a year, the Fiat 500L loses a whopping 34.6 percent of its value \u2013 at $8096, that\u2019s over a third of its buying price.<\/p>\n","protected":false},"excerpt":{"rendered":"

Although most car buyers are aware of the fact that a brand-new vehicle loses a large chunk of its value as soon as it leaves the dealership forecourt, it\u2019s something many of us try not to think about too much. With cognitive dissonance at play, we can’t help feeling disgruntled, and with good reason, too. […]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":"","_wpscppro_custom_social_share_image":0,"_facebook_share_type":"","_twitter_share_type":"","_linkedin_share_type":"","_pinterest_share_type":"","_linkedin_share_type_page":"","_instagram_share_type":"","_medium_share_type":"","_threads_share_type":"","_selected_social_profile":[]},"categories":[1],"tags":[],"class_list":["post-812","post","type-post","status-publish","format-standard","hentry","category-general"],"yoast_head":"\r\nThe 6 fastest depreciating cars in USA - SimplyCarBuyers<\/title>\r\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\r\n<link rel=\"canonical\" href=\"https:\/\/www.simplycarbuyers.com\/blog\/the-6-fastest-depreciating-cars-in-usa\/\" \/>\r\n<meta property=\"og:locale\" content=\"en_US\" \/>\r\n<meta property=\"og:type\" content=\"article\" \/>\r\n<meta property=\"og:title\" content=\"The 6 fastest depreciating cars in USA - SimplyCarBuyers\" \/>\r\n<meta property=\"og:description\" content=\"Although most car buyers are aware of the fact that a brand-new vehicle loses a large chunk of its value as soon as it leaves the dealership forecourt, it\u2019s something many of us try not to think about too much. With cognitive dissonance at play, we can’t help feeling disgruntled, and with good reason, too. 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