Cars That Are Set To Plummet In Value This Year

Published on 01/17/2019
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Kia Cadenza

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.

Kia Cadenza

Kia Cadenza

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Chevrolet Camaro

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.

Chevrolet Camaro

Chevrolet Camaro

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