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These are the 10 lowest values of cars for resale in the market today Find out if your car is on the list of vehicles that depreciate faster.
When looking to sell a car many things factor into the brand price and model, mileage, appearance, but the most important thing of all to determine the resale value of a car is how old it is the value of a car depreciates quickly in the beginning, but the rate of depreciation decelerates over time.
All cars depreciate at the same rate, but the best cars of the resale value may retain up to 62 percent of their value over five years, but most cars come out well beyond some luxury vehicles often a faster rate of depreciation of the car other cars in some cases, because it is common to rent instead of buying luxury cars, leading to an influx of cars in three or four years on the market sometimes used bad reviews or sustainability issues are that the higher the value of a car, but whatever the reason, these 10 cars have the lowest resale value of any car on the market today .
2014 Lincoln MKS has a pretty affordable price tag Despite its state of the art technology, including climate change to two zones, a high leather interior range and the advanced settings of comfort, however, the vehicle doesn t holds its value, with a value estimated loss after 36 months of 58 percent.
The reason for the low resale could just be a matter of perception many young people think that the old Lincolns, preferring luxury vehicles that are newer and trendier This leads to low market demand and therefore a low market price for the vehicle.
2014 Dodge Avenger is an affordable car, but it has poor critics, earning a score of two out of five JD Power and Associates Despite its midsize sedan status apparently reliable, the vehicle loses value rapidly, with residual value only 42 percent after 36 months.
Although there were some positive comments from Internet users, expert advice could be what lowers the residual value experts criticized this car the car for many things, including poor gas mileage , lack of comfort, and overall rawness of the car's resale value of 2014 Dodge Avenger might be a case where reputation brings the car down, which is a vehicle with an overall negative reputation.
2014 Jaguar XJ has a rather expensive price tag and a residual value of 36 months only 42 percent Despite Jaguar's reputation as a leading producer of high value vehicles worldwide this car depreciates very quickly.
The problem could come from another renowned Jaguar Jaguars that the public sees cars with reliability problems this view are many consumers away from a Jaguar, especially how expensive it is to get many consumers do not want to pay the bill for buying the car or many repairs.
2014 Volkswagen Touareg positive reviews overall, but declined in value of 36 months of 58 percent in this case, the decline in value may not be bad reviews or reliability problems, but because the original price was considered too high despite being widely used sound car, aren t consumers willing to pay too much for what they're getting the original MSRP was exorbitant, and consumers simply won t pay too high a rate for which is an average car.
The car CL-Class Mercedes-Benz 2014 is the most expensive on the list This fact doesn t mean the car holds its value, but it still lost 58 percent in three years and as weird as it sounds, this could be due to that the car is too good for the average consumer, yet not good enough for a wealthy buyer.
Because the car is so high-tech repairs, it will usually be quite expensive for the average consumer, costly repairs could be a deal breaker, but the wealthy consumer, this issue may not be a problem because it can afford the most beautiful SL-class therefore, a CL-class falls into the category of strange not to be quite right for anyone, which led to a significant depreciation in value over time.
One of the most affordable cars on this list, the 2014 Kia Sedona received only average rating of J D Power and Associates, neither positive nor overwhelmingly bad and while this alone is not responsible for the vehicle the rapid depreciation, it certainly helps.
Other reasons for the low resale value could be poor gas mileage of 17 mpg city, 24 mpg highway, and a simple name recognition factor Kia has not the same level of fame as BMW, Jaguar or one of the other companies on this list, which could also contribute to low resale values of Sedona.
2014 Nissan Titan is depreciating at an alarming rate 59 percent in 36 months, although mediocre reviews from the car are partly responsible, another main reason for its low resale value seems to be its excess guzzling gas more excessive other V-8 trucks in addition, the truck has no new ideas, it's been essentially the same car for many years Add all these things, which is a recipe for a truck that depreciates quickly .
Perhaps the least expensive vehicle on this list, 2014 Ram Cargo Van still loses value very quickly, with the depreciation of 60 percent in 36 months, the few reviews available for this vehicle give positive feedback in all, well the van has its shortcomings, such as low visibility nothing this truck really stands out, which could be the reason for its low resale value it gets an average of 18 mpg city, 26 highway it's not really a work van heavy, but just move the tools around.
None of this truck really jumps off the page, and those in the market for a used van might need to see something special before going for a high price.
2014 Chevrolet Impala limited doesn t hold its value well at all, with a depreciation of 36 months of 60 percent A common rental car, the vehicle offers 30 mpg on the highway among other benefits, but can not seem to shake its reputation car without pith the car remained largely unchanged since the 1980s, and this could present a problem curb appeal the car looks old, looks old and feels unoriginal which leads to major problems for sellers.
The Chevrolet Captiva Sport 2014 the worst resale value very on the market today, with a terrible residual value of 38 percent after 36 months, it is only a vehicle of the fleet, and as such, loses many call it is an average car before being taken in a fleet vehicle, and a car few people are interested after it became a vehicle fleet you can get much if you buy a used, but that's just the problem, they're unattractive and a bit ordinary, reducing a vehicle with limited market demand and tremendous market value.
All MSRP pricing and depreciation percentages are accurate and from August 1, 2016.
These are the 10 lowest values of cars for resale in the market today GOBankingRates, those lower down resale values.