Top Cars That Are Rapidly Declining In Value

Published on 01/26/2021
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Mitsubishi Lancer

The Mitsubishi Lancer has a depreciation rate of 35 percent. While it is advertised as reasonably priced, its depreciation in the first year is very low (not a good sign). The Mitsubishi Lancer costs $4,000 less than the Mini Cooper base model, but the Cooper costs $5,000 less when the expected cost of ownership is compared side by side. This is something to think about for those going back and forth between a new Lancer and an old one.

Mitsubishi Lancer

Mitsubishi Lancer

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Cadillac CTS

There is a depreciation rate for the Cadillac CTS much higher than most luxury cars of its kind: 36.9%. Meaning that a brand new 2015 CTS will cost you $45,000, but if you go to sell it now, it’ll sell for about half that. This car, we have to say, is well-built, well-designed, and has strong engineering.

Cadillac CTS

Cadillac CTS

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