Cars That Have Lost A Lot Of Their Value

Published on 12/16/2018
ADVERTISEMENT

Kia K900

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.

Kia K900

Kia K900

ADVERTISEMENT

Cadillac CTS

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.

Cadillac CTS

Cadillac CTS

ADVERTISEMENT