These Cars Are Not As Valuable As They Were, See For Yourself

Published on 01/09/2019
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Mitsubishi Lancer

With a 35% depreciation rate, the Mitsubishi Lancer is just average on the list. This specific make and model is being advertised as a vehicle that is affordable but its depreciation within its first year is rather high. A Mitsubishi Lancer costs around $4k less than the base model of a Mini Cooper, but if you do a side-by-side comparison of both cars’ projected cost of ownership, the Cooper costs $5k less than the Lancer does. This is something you should keep in mind when deciding whether to purchase a brand new Mitsubishi Lancer or one that is used.

Mitsubishi Lancer

Mitsubishi Lancer

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Cadillac CTS

The luxury sedan CTS is always a part of Cadillac’s lineup. It is well-designed, is a dependable road warrior, and has solid engineering. However, its depreciation rate is 36.9 percent, higher than majority of luxury cars. Thus, a 2015 CTS that was brand new and cost around $45,000 when it was bought is now only worth about half that amount.

Cadillac CTS

Cadillac CTS

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