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

Published on 01/09/2019
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Hyundai Genesis

Up next is the Hyundai Genesis, which depreciates the most as well as the fastest. The Genesis competes with other luxury cars, but it lacks the brand appeal that a recognized luxury vehicle has. This car’s price is close to Mercedes or Lexus models, but it loses 38% of the retail value in its first year alone, which is a drawback if you’re purchasing it new or a benefit if you buy it used. Car buyers looking for luxury can get a one-year-old Genesis for $16k less than the $52k original price (brand new).

Hyundai Genesis

Hyundai Genesis

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Nissan Leaf

The Nissan Leaf embodies Nissan’s big success with regard to electric cars, but it has one of the worst depreciation rates on this list. Having many Leafs being leased, the tax credit being almost $7.5k, and several incentives or discounts from the dealer negatively affected its resale price. The mark offs from its overall price filter go down once the vehicle is being resold.

Nissan Leaf

Nissan Leaf

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