This model was introduced in 2013 as a mid-size Cadillac with loads of luxury options and elegant design. However, the XTS just didn’t meet the driving dynamics like the ATS or CTS. In addition, it didn’t have the opulence of the CT6. For these reasons, the XTS is sort of the middle child of the Cadillac models. Prices for this model started at almost $45k for a 304 hp version with front-wheel drive. Today, however, you can find a well-kept and low mileage XTS for half its original price, making it one of the best deals in midsize luxury sedans.
While the VW Passat isn’t a luxury car, it can be bought for a fraction of its original price, and for a family midsized sedan, that’s great. It has a wide variety of engines, advanced technology, and features. You might wonder how it could be bought for so cheap now. This is because of Volkswagen’s emission cheating scandal. A lot of diesel-powered Passats had to be recalled which gave Volkswagen a whole lot of bad press, causing their whole model lineup to drop in price. As a result, a Passat from 2014 that would have cost $25k is now worth $12-$13k depending on its options. We certainly don’t recommend buying one with the notorious diesel engine, but the regular, gasoline engine version is also cheap.
This station wagon is essentially the same thing as the Charger only with a different design and a more sleek profile. It has the same mechanics as the Charger or the Chrysler 300C, meaning it has rear-wheel drive, powerful engines, and great build quality. As it turns out, the market never fully accepted this model since it was introduced at the beginning of the SUV craze. For this reason, you can find a Dodge Magnum for just $7k – a small price for such a good car.
In response to the BMW 3-Series and the Mercedes C-Class, Ford released the Lincoln MKZ. However, it was never really a hit despite it being a proper luxury sedan with a powerful engine and high-level equipment. It had a 263 hp engine and a leather interior, but it was never as refined or speedy as the other models which affected its price drop over the years. The base price was $35k, but you can now buy a low mileage MKZ in perfect condition for less than $15k.
The Mazda 6 is a practical choice for both families and simply to have as a car in general. They are affordable and dependable. The 2010 model is being sold for $8,000 and that is after a decade of depreciation. A great thing to consider is how these sedans cope well with aging and do not fall apart over the years.
Hyundai Genesis Coupe
Hyundai should have designed this model a little better when they aimed for it to compete alongside the Ford Mustang and Dodge Charger. Stuck somewhere between a sporty yet family-friendly look it never appealed to a large crowd. The first price tag was $27,000 but now they are available for $8,000-$9,000.
BMW 7 Series
The BMW 7 Series has a very high depreciation rate at 71.1% over the course of five years. Compared to their Mercedes counterparts, the 5 Series and the 7 Series depreciate at a slightly faster pace.
The Cadillac SRX has allowed the manufacturer to break into the crossover vehicle market, making waves at the time of its release. As the exterior suggests, the SRX is a luxurious and good-looking vehicle. It sells well and gets good reviews from consumers. The only downside? Like most vehicles of its kind, the SRX loses 47.2% of its value in three years.
The Audi A8 is charming and rather popular as its Quattro AWD, luxurious features, powerful engine, and its sleek style grab the attention of buyers. The car was produced using aluminium which made it light and agile. Depreciation is noticeable and evident with all luxury vehicles, the car used to go for $80,000 but now a 2012 model can be found for $30,000. The W12 model can be found at $40,000.
The Maybach is regarded as a super luxury car and is the epitome of extravagance found in a sedan. However, this car is topping the charts with the worst depreciation over the recent years. In 2006 the Maybach 57’s starting price was around $400,000, the 62 S model was priced as much as $500,000. Ridiculous amount of money, sure but depreciation has led to costs dropping to $50,000. If milage is not an issue you can find models for even less. The same amount of money you would spend on a medium-sized SUV can now get you a car that is ranked amongst some of the most luxurious and prestigious.
Chrysler 300 C
In the luxury sedan category, the Chrysler 300c is an oldie. In 2005, the car was known and developed as the enemy of American classic sedans. The powerful engines, V6, V8 and the Hemi V8 are the focal selling point for many customers around the world. The sedan costs around 440,000. For a second-hand model, the 300C can go for less than $20,000- depreciation over just a few years has been large. However, if you are looking to buy a “gangster” looking, strong and very attractive luxury sedan we highly recommend this one.
The elegant design and classy feel have made the Lexus GS a favorite amongst the luxury design category. Lexus models to follow have also been received well. The original price tag was $50,000 but today they can be bought for just $15,000.
The car only managed to remain on the market for 4 years, between 2010-2013. Acura ambitiously tried to delve into a different field launching a car that is designed with a sporty feel, a low roofline, is an all-wheel-drive, and has a powerful engine. However, the car simply did not look right and is rather unattractive in fact. It is rather unfortunate that the nice interior and powerful engine went unnoticed by the market too. The original price was $35,000 and dropped as low as $13,000.
Hummers are for sure road dominators and head turners. If you do not mind the exorbitant gas amounts needed and you die for that bulk look we highly recommend. They used to sell for $60,000, nowadays, they sell for $20,000.
As a medium-sized sedan of high quality and elegance, the A6 is highly sought out and equipped with a 4-wheel drive system that sets it apart from just your average sedan. The original price tag of $50,000 has since become $15,000.
As the more prestigious two-door model in the CL series with its powerful engines and top-class qualities, the price tag of over $100,000 was not unexpected. Today they g for roughly $25,000 which is the same price as an economy sedan. The great part is you can find one in tip-top shape and equipped with all the features of such luxurious stature.
This Mercedes was designed to be known and regarded as the German version of the Aston Martin Vantage. Sleek, stylish and with its “need-for-speed” 283 HP engine it has very attractive features. These set the car in a league of its own.
The Mercedes S-Class is the automaker’s signature sedan. It’s full of top-of-the-line tech features, which means it’s expensive to buy new. Judging by the S-Class’ history, all those advanced features will cost a lot of money to get fixed if need be. While it isn’t the fastest-depreciating Mercedes, the S-Class does decrease 69.9% in value.
The Chrysler Aspen comes equipped with many features and is perfectly suited for you if towing capacity is of value. The 8-seater targets people who have a low budget and is styled well with utter comfort. The Aspen is not as widely recognized as it should be in the multi-purpose SUV category. It is still very much stylish too. In 2009, they were priced at $40,000 but you can now purchase the car with all its valued features at $12,000-$13,000.
This Jeep is the perfect combination of strength and practicality. Perfectly suited as an off-road vehicle but its design blends in well with every day suburban life. These factors have made this off-road SUV extremely popular. The Jeep also costs a good penny when it comes to upkeep fees, however, this has led to a generous depreciation. The car can now be purchased for just $10,000.
While the Smart ForTwo gets a lot of publicity for being a green car, this car loses a lot of value in its first year. It is eco-friendly, however, its benefits seem to end there. Gas mileage is good, but its interior is so small it becomes claustrophobic and cramped. Its two-speed transmission seems to be aggravating for most drivers despite the fact it’s been deemed safe for the compact car. Most buyers prefer a more highly safety-rated, mid-sized car. After just one year, the Smart ForTwo is worth 36% less than its initial price (about $14k).
This car makes it to the top of the list of vehicles that depreciate the quickest and the most. The Hyundai Genesis competes with luxury cars but it’s missing the appeal of an established luxury brand. While its price tag is comparable to ones of Mercedes and Lexus, this car will lose about 38% of its value in just 12 months after purchase. This may be a significant drawback when buying it new, but if you’re looking to buy it used, this could be a benefit. a 1-year-old Genesis can sell for $16k less than a new one – which starts at $52k.
Despite the fact that the Nissan Leaf is a great success in the realm of electric cars, it suffers one of the worst drops on this list. Since there is an abundance of leased Leafs, their resale value gets lowered as well as the almost $7.5k in tax credits, dealer incentives, and discounts. All these result in a serious price reduction once the car is resold.
Nissan Rogue SV
Nissan introduced the Rogue SV as a sporty alternative to the practical Toyota and Honda models. However, after a redesign of the model, it suffered a significant decrease in value – more than 5%.
The Mini Cooper may be a compact and attractive car, but this car depreciates more than any other car in its class. Just last year, the average cost of a brand new Mini Cooper was $20k. Now, a 2015 Mini Cooper is worth 29.3% less than its initial value. When you’re thinking of purchasing a car like this one, it’s important to take into account the residual value, since depreciation can cost a lot when owning a car.
Since the gas prices have stopped rising, SUVs are once again in high demand, despite their gas-guzzling nature. GMC has redesigned the new Yukon, but it hasn’t done it any good since new car buyers will notice that just in the first five years, this car will love 33% of its value. A new Yukon would cost $47k, but to own the SUV will cost $70k just in the first five years. The cost-to-own ratio simply isn’t worth it.
While this might not be a very common car to own, the 2015 Chevy Express is a cargo van that can be suitable for business owners. The one variable that may keep you from buying this van is its cost-to-own almost double than the cost to purchase. In addition, its depreciation in the first year is a whopping 37%. This might be attributed to the fact that the newer model is almost identical, with a few new upgrades available.
Despite the fact that the Chevy Impala is a popular and well-known car, it depreciates very quickly. The reason being that it’s one of Chevy’s fleet sales lineup. Meaning that they manufacture thousands of this car, intended to become company cars or rentals. In other words: they are seriously oversupplied. This model offers nothing unique or rare, and with the number of Impalas on the market in comparison to the demand for midsize sedans, the value of this car has plummeted. The demand for this type of car is shrinking, resulting in this devalue. Last year’s model began at $27k is now worth 33.5% less today.
This classic has a devaluation rate of 37% just in its first year. In addition, Volkswagen’s diesel models lost their value much faster than their gasoline models since there were reports that the company included a software cheat in them to beat emissions tests. The Beetle is recorded to have a depreciation rate double as fast as comparable gasoline models since September 18, 2015.
The Lincoln MKS has been a slow-selling model, resulting in it facing obsolescence. It appealed to car buyers who wanted luxury for less than $50k, but because it was never a top-seller, nowadays the model is worth 30.4% less than a year ago. Just like the Genesis, this would be a disadvantage to a new car buyer, but a significant advantage to a used car buyer.
The Kia Optima has both significant pros and cons. On the one hand, it has a sleek design, lots of space, upgradable features, and a reliable engine. On the other hand, its fuel efficiency rating is lacking, and its devaluation rate in the first year is 35%. New car buyers may want to opt for a more reliable car like a Ford or Honda model that will retain its value.
Another car to lose its value quickly is the Kia Cadenza. It loses its value at a rate of 38%, making it a bargain to buy lightly used. However, this devaluation rate makes it difficult to justify buying the model brand new. This pseudo-luxury sedan has not quite won over buyers just yet.
The Chevrolet Camaro has one of the highest devaluation rates on this list. Losing a staggering 39% of its value in the first year alone, the sporty and sharp Chevrolet might not be for everyone. On average, the cost to own a 2015 model for 5 years is about $40k. Keep in mind its initial price is $23.7k and it loses a little more than $8k in its first year. Since this sports car is American-mad,e it has a significant following, like the Mustang or Corvette models. Perhaps that is why people opt for this car.
The Buick Regal was the car that reintroduced Buick as a premium manufacturer in sedan class. This model was pretty much the European Opel Insignia. It had a nice selection of extras that were optional, a wide range of turbocharged engines and drivetrain options and it soon became one of the best choices for an affordable luxury sedan. The original MSRP price was just under $30k, but you can easily find two-year-old models for just over $10k. Naturally, since there will be a new model available next year, this will affect the price as well.
The Mitsubishi Lancer made it onto the list as its markdown rate is at 35%. While this model is marketed as an affordable one, it loses a massive percentage of its value in the first year alone. There was a comparison to check the 5-year cost to own ratio between the Lancer and the base Mini Cooper model. While the Lancer’s initial price runs at $17.5k, it costs roughly $4k less than the cooper but costs $5k more in ownership for five years. This point is significant when considering if to buy a new or used Lancer.
Like the Lincoln MKS, the Jaguar XK is now an obsolete model. Now Jaguar replaced the model with the newer F-type model. The previous Jaguar XK models were priced at $84.5k, but over the first year of use, they’ve lost just under 30% of their value, marking down 29.2% in just 12 months. This model is definitely one that is best purchased used.
According to Cars.com, the total 5-year cost to own a 2015 Dodge Charger is just over $41k. The vehicle itself cost $26k, and within the first year, its value decreases by more than $8k – more than 45%. While most of their models are unremarkable and have no memorable add-ons, the markdown rate could be because of the more popular and upgradable models on the market.
Lexus ES 350
Lexus is one of the most respected car makes nowadays. The owners of their cars tend to gravitate towards a more sleek and luxurious design complete with the speed to match. This model, however, may be the model customers would consider ‘boring’ with an average design. Perhaps that is the reason the ES 350 marks down $9.1k in its first year alone.
The midsize Hyundai Sonata has a mainstream design, decent performance, and a roomy interior. Over time it has become more and more popular since it’s a reliable car for families in general. Its initial price was about $23k all the way up to $30k. However, you can now find a nice 2011 model for $8k – significantly less than its initial price.
The classic Ford Mustang is now in its 6th generation and was always a performance bargain. Looking at the original prices as well as the value on the used car market, the Mustang GT is the best purchase, with its V8 engine and good looks. Since the latest model is the most popular at the moment, everyone forgot about the older model which was a great muscle car. The initial price was about $35k, but nowadays, you can find one for just over $10k.
Kia attempted to present a full-size luxury sedan with the K900. The Korean answer to the BMW 7-Series and the Mercedes S-Class, the K900 had all the luxury features, comforts, and powerful engines to match. But, this also means the price tag matches as well. Just like all other luxury cars, the price will drop significantly as soon as the owner drives off the dealer’s lot. This model was introduced in 2014 as a 2015 model and was equipped with a 420 hp engine. The original price was almost $60k which was still seriously cheaper than its competitors, but still a hefty amount for a Kia. Now you can find a well-cared-for model for just above $30k. This is a pretty good price for a car of this size.
The Cadillac CTS is a luxury sedan built with solid engineering and was well-designed. While it is a great car, it also has a serious depreciation rate compared to other luxury vehicles at 36.9%. Meaning that a brand new CTS could cost around $45k, and now it’s worth about half that amount.
Mercedes came out with the R-Class to try and create a luxury crossover segment. However, the market they were aiming for just wasn’t large enough to keep the R-Class afloat. After two years, the big minivan was discontinued. All the same, the buyers remember the van as extremely comfortable with luxury features and great engines. The prices when they came out ran at $50k, but now a used one would cost as little as $19k.
Fiat 500 L
The Fiat 500 L had promised a lot when it was announced back in 2014. However, it didn’t manage to deliver much of the claims, and this affected its popularity as well as its price on the used car market. While the car is spacious, the smaller engine does not perform well. The car is easy enough to drive and has great visibility, but its competitors come with more power and better performance. The base price for the 500 L was just over $20k, but a three-year-old model would cost you less than $14k nowadays. The drop in price is pretty significant for a three-year-old car.
The Nissan Maxima is a good car for its value as its big, comfortable, powerful, and nicely equipped. It could really be considered a luxury car. In 2016 a new model was introduced with new styling, technology, and a new 300 hp V6 engine. The base price at the time was $32k, and just a year and a half later, you can buy a second-hand Maxima for just over $20k. This means the model lost $10k in value in less than two years. Which also means you can get a basically new car that’s still under factory warranty for just two-thirds of the original price.
Just like any other luxury manufacturer, Jaguar also has had its depreciations with its models. For this reason, the XF is very cheap on the second-hand market for a midsize luxury sedan. Its original base price in 2009 was $50k, but most models were sold for $60k after the buyers ordered them with additional options. The XF had a base 300 hp V6 engine, but with an option to get a 420 hp V8 performance engine instead. Today, you can find the model in good condition for less than$15k – a steal when the car comes with a full leather interior, powerful engine, and advanced safety features.
BMW 5 Series
While this model may be pricey if you buy it new, after just one year, its value will drop about 18%. The BMW 5 Series is a more efficient car than their other models, with a 2.0L, 4-cylinder, 248 hp engine. However, it’s efficiency does not make it more luxurious. After three years, this car will lose 52.6% of its value. Nowadays, you can find a used 5 Series for as little as $30,846.
On average, Volkswagen’s midsize sedan loses 50.7% of its value in just three years, meaning a used Passat can be purchased for about $14,906 now. Despite the fact that the Passat has great reviews and is a popular choice for families, its value still decreases significantly over the few years of ownership. Either people are not aware of the fact or they love the car anyway since Volkswagen Passats can be spotted rather often out on the road.
While the E-Class might be one of the most high-end Mercedes models, it loses 49.9% of its value. Despite the beautiful design and great performance, the value of the E-Class just doesn’t hold up for very long.
BMW 3 Series
The BMW 3 Series might be one of the best-selling models that BMW makes, and we get why. However, its depreciation rate has risen over the years. Now, the 3 Series loses 49.8% of its value after just three years of ownership. Since older models were cheaper than the new ones, this model is rather popular due to its more affordable price. Other BMW models have had their prices increased over the years.
Ford is known to make great sedans, trucks, crossovers, and even a sports car that made a name for itself. While the Taurus is one of the cheaper Ford models, it also happens to have one of the highest value losses of any Ford model. In the first three years, the Taurus loses 49.7% of its value. For a family sedan, that is an insane number. All the same, the Taurus is doing great with sales and receiving good reviews, so Ford must be doing something right.
Another brand that is known for their more affordable cars, Chrysler’s cars are also considered luxury vehicles. Despite the fact that their cars may not have all the same features that other luxury brands do, they are still luxurious enough to be considered so. One significant drawback of the Chrysler 200 is its depreciation rate. After just three years, it loses 48.4% of its value. Losing almost half of the initial value of a car so soon is no small matter.
While the Volkswagen Jetta is rather similar to Volkswagen’s other family sedan, the Passat, they both seem to have good and bad qualities. For instance, they both have the same value loss. Within three years, the Jetta loses 48.1% of its value. However, according to reviews, the Jetta is a great car, just with bad resale value.
Audi is a brand in the same league as BMW and Mercedes, and they all have a lot in common. All of their cars have German engineering, luxury features, and designs, but the most crucial similarity between the three is the inability for their cars to hold their value. While the A3 is one of the cheaper Audi models, it’s also one of the most popular since it’s a great family sedan. The only major drawback is its loss of value. Over the first three years, it loses a whopping 47.9% of its initial value.
On average, the Jaguar XJL loses as much as 66.4% of its value within the first three years of ownership. While Jaguar is one of the well-known luxury brands, their cars tend to lose their value accordingly.
BMW 6 Series
In terms of a luxury car, the BMW 6 Series is a bit odd since it was available as a coupe, a convertible, or as a four-door sedan for years. Its loss value is just a little bit worse than the 5 Series. On average, the BMW 6 Series loses 68.3% of its value.
Ford Fusion Energi
Ford began a new trend with the Fusion Energi by creating a luxury eco-friendly midsize sedan. “Government incentives play a role in the steep depreciation of electric and plug-in hybrid vehicles as their resale value is based on their lower effective post-incentive sticker price,” said Ly. This plug-in Ford has a depreciation rate of 69.4%.
When it was first announced, the Chevrolet Volt made big waves in the automotive industry. An electric car with a gasoline-powered engine that was capable of charging the batteries while driving was a revolutionary concept at the time. However, now that it’s getting older, its value is dropping fast – 71.2%, that is.
While Ford vehicles don’t hold their value well, they are affordable and dependable with great reviews. The Ford Focus is not an exception to this rule. As a compact family hatchback, it became trendy in 2018, and like the rest of the Ford vehicles, it does not hold its value well. In three years, the Focus loses 45% of its value, leaving it as a cheap used car. Despite the fact that the Focus has other models that hold their value slightly better, none of them don’t hold value much better than the base model.
Over the years, Infiniti has made a name for itself in the luxury vehicles industry. Widely known for their sporty flair, they combine Nissan engineering with their powerful engines in a new sleek style. Unfortunately, the Q50 doesn’t hold onto its value as other Nissan products do. In the first three years of ownership, the Q50 loses a whopping 46.9% of its value. That must be the result of having a sedan with the power of a coupe.
The Cadillac ATS definitely has all the best features that a luxury car can have. Everything from 4G Wi-Fi to a remote start via smartphone, the ATS has it. It even has two engine options. However, its value loss is at 50.4%.
Alfa Romeo Giulietta 2.0
Despite being known not to hold onto their value well, Alfa Romeos do well enough in that department not to end up on our list – all aside for one. The Giulietta is a hatchback that looks just as gorgeous as the rest of their cars. However, it does lose a massive 73.9% of its value after three years.
Fiat Panda 0.9 Twinair
A compact 4×4 sports utility vehicle, the Panda could be seen as the ultimate weekend warrior car. The reason this car is on our list is that it loses 73.3% of its value. Unfortunately, being unable to hold onto a car’s value seems like it’s becoming a trend with Fiat.
Fiat Punto 1.4
When you think of compact cars, Fiat seems to be one of the first names that would come to your mind. The Punto 1.4 sure is a compact car. This little car is only available in certain countries, which might be a good thing. In the first three years of ownership, this little compact loses an incredible 73.8% of its value. That is a huge drop which almost makes the car look like a bad investment.
Recently, Buick has begun to move away from their affordable cars and towards luxury cars. This shift has gone down pretty well with their audience. That’s all well and good, but the Enclave is here for a reason. The Enclave has a 46.8% drop in value, which might not be much compared to others on this list, but crossover buyers wouldn’t buy a car that wouldn’t last.
The Toyota Camry may be the best-selling sedan in America, but it is on our list all the same. Since there is a new model, buyers tend to veer towards it rather than the old one. Meaning that its depreciation is significant as a result.
The Mercedes C250 is a very sought after luxury vehicle. However, this sedan comes with a heavy price when it comes to depreciation. Its rate is 34.4%, meaning that in its first year it loses $15,247 in value. There is also an option to upgrade the older version and just add new features rather than buy a whole new car.
In its first year, the Volvo S60 loses about $14,204, equal to about 34.4% of its value. This four-door rates high on the safety scale and has great performance. It normally sells for $34,150-$59,300.