Mitsubishi Lancer
The Mitsubishi Lancer has also made it to the list with its 35 percent depreciation rate after only a year. Although the manufacturer likes to think of it as affordable, it is worth taking a closer look at its overall costs first. There are several things you need to consider before you purchase one. When compared to the previously mentioned Mini Cooper, a Lancer indeed has a retail price that is cheaper by $4k. However, the Cooper has an overall cost of ownership that is lower by $5,000! Things like this are important when you are considering buying a car, new or old.
Mitsubishi Lancer
Cadillac CTS
Another iconic luxury car, we have the Cadillac CTS. It is a mainstay in the luxury car manufacturer’s lineup, and you do not have to be a genius to figure out why. Despite everything, this solid and powerful road warrior is facing a 36.9 percent depreciation rate. If you got the new 2015 model at its original price of $45k, its value has now been cut in half.
Cadillac CTS