Top Cars That Are Rapidly Declining In Value

Published on 01/26/2021
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Chevrolet Express

Since it is a cargo van, the Chevrolet Express is not for everybody. But they will find that its depreciation is far higher than other vehicles in this category for the business owners out there who need a vehicle like this. You can expect to see a dip of 37 percent in value within the first 12 months of owning this van! Some might attribute this drop in value because this van has a new model that is almost identical, and it provides more upgrades than the Express.

Chevrolet Express

Chevrolet Express

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Chevrolet Impala

Since it is a popular car in the United States, many are familiar with the Chevrolet Impala. Part of the reason for the car’s high depreciation rate is that it is part of the fleet of Chevrolet cars – cars used as rentals or as company cars. Since this model has a multitude, there are no special models or unique features that make it stand out from the rest. The Impala was valued at $27,000 last year, but it is 33.5 percent lower this year.

Chevrolet Impala

Chevrolet Impala

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