5 Cars That Depreciate the Fastest

When you purchase a car, one of the most important things to consider is the depreciation rate. According to a recent report by Carfax, the average depreciation rate is approximately 60% over 5 years. This is a list of 5 cars that depreciate the fastest.

 

  1. Ford Focus

The Ford Focus is a compact vehicle that is popular among drivers who want affordable transportation. With a base price of $19,000, the Ford Focus seems like a bargain.

 

However, this vehicle comes with a major detail that is not disclosed on the sticker. The Ford Focus has a depreciation rate of 45% after 3 years of ownership.

 

  1. The Ford Fusion

With its sleek design and affordable sticker price, the Ford Fusion seems like a dream come true for car buyers. This car has been placed in the same class as the Toyota Camry.

 

When it comes to depreciation, the Ford Fusion depreciates much faster than other cars with similar amenities. The Ford Fusion’s depreciation rate is 45.1% after 3 years of ownership.

 

  1. The Cadillac CTS

This vehicle is the epitome of class. After all, it is a Cadillac. This brand has developed a reputation for designing stylish vehicles since 1902.

 

When it comes to the Cadillac CTS, looks can be deceiving. This vehicle looks valuable. However, it has a high depreciation rate of 51.4% after three years of ownership. That’s approximately 1.5 times the depreciation rate of most vehicles.

 

  1. Mercedes-Benz E-Class

Since 1926, Mercedes-Benz has designed some of the most prestigious vehicles in the world. This brand has dominated the luxury car industry.

 

When you spend over $50,000 for a vehicle, you expect it to maintain its value. Unfortunately, the Mercedes-Benz E Class doesn’t come close to holding its value after 3 years. In fact, the depreciation rate for this luxury vehicle is 48.4%.

 

  1. BMW 5-Series

The exterior of BMW vehicles has a beauty that is unmatched by other cars in its class. With a base price of $52,400, this high performance vehicle is the epitome of a status symbol.

 

Before you go to your local BMW dealership to make a purchase, there is something you should know about the BMW 5-Series. It has a depreciation rate of 48% after 3 years of ownership.

 

Purchasing a car is one of the largest financial investments you will make. It is important to be aware of vehicle depreciation rates before you sign a loan contract for your next vehicle. This list can help you avoid buying a car that isn’t likely to hold its value.