Mini Cooper
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.
Mini Cooper
GMC Yukon
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.
GMC Yukon
