Hyundai Equus
The Hyundai Equus, a full-size luxury sedan, has depreciated more quickly than anticipated. Its depreciation is largely attributed to the challenge of Hyundai establishing itself as a luxury brand and gaining recognition in a competitive market dominated by more established luxury automakers.
Toyota Venza
The Toyota Venza, a midsize crossover, has experienced quicker depreciation as it faced stiff competition from other Toyota models and similar midsize crossovers. Buyers often opt for more established Toyota SUVs, affecting the Venza’s resale value.