Top Cars That Are Rapidly Declining In Value

Published on 01/26/2021
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BMW 7 Series

The BMW 7 Series, with ground-breaking features and a luxurious, streamlined design, was marketed as one of its most advanced models. So if purchased new, the car comes with a heavy price tag, understandably. However, this model also has a huge depreciation rate, at 71.1 percent over the course of five years, compared with its BMW counterparts like the 5 Series.

BMW 7 Series

BMW 7 Series

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Chevrolet Volt

When the Chevrolet Volt was first announced, the concept car sent shock-waves across the automotive industry. A fusion of an electric car with a gasoline-powered engine was offered in the revolutionary model. The engine was also able to charge the batteries while driving, which was a ground-breaking concept at the time of its release. Still, since the car has been on the market for some time now, at an unprecedented rate of 71.2 percent, its value is rapidly depreciating.

Chevrolet Volt

Chevrolet Volt

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