When buying a car, it’s important to consider how well it holds its value over time. Unfortunately, not all popular models perform well in this regard. In this article, we explore 25 popular cars that depreciate faster than average, helping you make an informed decision before your next big purchase.
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BMW 7 Series
The BMW 7 Series, despite its luxurious features and advanced technology, tends to depreciate quickly. The high initial purchase price, expensive maintenance costs, and frequent model updates contribute to its rapid decline in value. Buyers in the used car market often avoid these costs, leading to lower resale values.
Jaguar XF
The Jaguar XF is known for its elegant design and performance, but it depreciates faster due to reliability concerns and costly repairs. Luxury buyers tend to favor brands with a stronger reputation for dependability, making the XF less appealing in the used car market.
Mercedes-Benz S-Class
The Mercedes-Benz S-Class offers unparalleled luxury and cutting-edge technology, but it depreciates quickly due to its high initial cost and expensive upkeep. The introduction of new models with better features also drives down the value of older versions.
Audi A8
The Audi A8 is a flagship luxury sedan with advanced features, but it suffers from rapid depreciation. Its high price tag, costly maintenance, and strong competition from other luxury brands contribute to its declining value over time.
Cadillac CT6
The Cadillac CT6, despite its innovative technology and performance, depreciates quickly due to the brand’s weaker resale value compared to European luxury competitors. Cadillac’s frequent incentives and discounts on new models also impact the used car prices.
Lexus LS
The Lexus LS is known for its reliability and comfort, but it still depreciates faster than average. The luxury sedan market is highly competitive, and newer models with updated technology often overshadow older versions, leading to quicker depreciation.
Porsche Panamera
The Porsche Panamera combines sports car performance with luxury, but it depreciates rapidly due to its high initial cost and expensive maintenance. The niche market for high-performance luxury sedans also limits its resale value.
Genesis G90
The Genesis G90 offers exceptional value for a luxury sedan, but it depreciates quickly due to the brand’s relatively low prestige compared to established European competitors. The market perception and lack of brand recognition contribute to its faster depreciation.
Volvo S90
The Volvo S90 is a stylish and safe luxury sedan, but it depreciates faster due to high depreciation rates typical of luxury brands. The competition from more established luxury brands also affects its resale value.
Lincoln Continental
The Lincoln Continental, with its classic American luxury appeal, depreciates quickly due to high initial prices and significant competition from European and Japanese luxury brands. The market’s preference for SUVs over sedans also contributes to its rapid depreciation.
Infiniti QX80
The Infiniti QX80 is a full-size luxury SUV with impressive features, but it depreciates quickly due to its high purchase price, fuel inefficiency, and strong competition from other luxury SUVs that offer better brand prestige and resale value.
Land Rover Range Rover
The Land Rover Range Rover is synonymous with luxury and off-road capability, but it depreciates rapidly due to high maintenance costs and reliability issues. Buyers often prefer more dependable and cost-effective alternatives in the used car market.
Chevrolet Suburban
The Chevrolet Suburban, while popular for its spaciousness and utility, depreciates quickly due to high running costs and frequent updates from Chevrolet. The market’s shift towards more fuel-efficient vehicles also impacts its resale value.
Ford Expedition
The Ford Expedition is a robust full-size SUV, but it depreciates faster than average due to its high initial price and substantial fuel consumption. The frequent model updates and strong competition in the SUV market also contribute to its depreciation.
Nissan Armada
The Nissan Armada offers plenty of space and power, but it depreciates quickly due to its high fuel consumption, lower brand prestige compared to rivals, and significant competition from other full-size SUVs that offer better resale value.
Tesla Model S
The Tesla Model S is a pioneering electric vehicle with cutting-edge technology, but it depreciates quickly due to rapid advancements in EV technology and frequent updates from Tesla, making older models less desirable in the used car market.
Maserati Quattroporte
The Maserati Quattroporte is a luxury sports sedan with Italian flair, but it depreciates rapidly due to high maintenance costs, reliability concerns, and the niche market for high-performance luxury sedans.
Acura RLX
The Acura RLX offers advanced technology and comfort, but it depreciates quickly due to the brand’s lower prestige in the luxury market and strong competition from more established luxury brands with better resale values.
Buick LaCrosse
The Buick LaCrosse is a comfortable and stylish sedan, but it depreciates faster than average due to the brand’s perception as less prestigious compared to other luxury competitors, leading to lower demand in the used car market.
Alfa Romeo Giulia
The Alfa Romeo Giulia is a sporty and stylish sedan, but it depreciates quickly due to reliability concerns, high maintenance costs, and the brand’s limited dealer network and support in some regions.
Hyundai Genesis
The Hyundai Genesis, now rebranded as the Genesis G80, offers luxury at a competitive price, but it depreciates quickly due to the brand’s lower prestige compared to more established luxury brands and a lack of strong resale value.
Chrysler 300
The Chrysler 300 is a full-size sedan with a bold design, but it depreciates quickly due to its high fuel consumption, lower brand prestige, and strong competition from other full-size and luxury sedans.
Kia K900
The Kia K900 offers luxury features at an affordable price, but it depreciates rapidly due to the brand’s lower prestige in the luxury market and the lack of strong demand for large luxury sedans.
Dodge Charger
The Dodge Charger is a powerful and iconic sedan, but it depreciates quickly due to its high fuel consumption, frequent updates, and strong competition from more fuel-efficient and modern sedans.
Volkswagen Arteon
The Volkswagen Arteon is a stylish and well-equipped sedan, but it depreciates faster than average due to limited brand recognition in the luxury segment, high initial price, and strong competition from more established luxury brands.
This article originally appeared in MyCarMakesNoise.
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