Cars That Are Set To Plummet In Value This Year

Published on 01/17/2019
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Nissan Maxima

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.

Nissan Maxima

Nissan Maxima

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Jaguar XF

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.

Jaguar XF

Jaguar XF

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