9 Cars that lose value fastest per a two-year-old report in Forbes Magazine online:
1. Chrysler Sebring Convertible
MSRP: $28,530
Value after 24 months: 27%
Value after 36 months: 22%
Value after 48 months: 18%
Value after 60 months: 15%
2. Kia Sedona
MSRP: $21,245
Value after 24 months: 33%
Value after 36 months: 24%
Value after 48 months: 19%
Value after 60 months: 15%
3. Kia Optima Sedan
MSRP: $17,495
Value after 24 months: 32%
Value after 36 months: 25%
Value after 48 months: 21%
Value after 60 months: 17%
4. Kia Spectra Sedan
MSRP: $13,550
Value after 24 months: 35%
Value after 36 months: 26%
Value after 48 months: 21%
Value after 60 months: 17%
5. Dodge Grand Caravan
MSRP: $23,545
Value after 24 months: 24%
Value after 36 months: 26%
Value after 48 months: 21%
Value after 60 months: 17%
6. Dodge Ram 3500
MSRP: $30,385
Value after 24 months: 34%
Value after 36 months: 26%
Value after 48 months: 21%
Value after 60 months: 17%
7. Mitsubishi Raider
MSRP: $21,135
Value after 24 months: 30%
Value after 36 months: 25%
Value after 48 months: 21%
Value after 60 months: 18%
8. Lincoln Town Car
MSRP: $46,525
Value after 24 months: 32%
Value after 36 months: 26%
Value after 48 months: 22%
Value after 60 months: 18%
9. Dodge Durango
MSRP: $28,980
Value after 24 months: 33%
Value after 36 months: 26%
Value after 48 months: 22%
Value after 60 months: 18%
___________________________________
The original report included a Saab Saab 9-7X SUV. It has been removed from the listing above because Saab no longer makes cars and SUV’s.
There is a definite pattern here as 3 Dodge vehicles and 3 Kia vehicles show up on the list accounting for 67% of the total.
If you add the Chrysler Sebring to the 3 Dodge vehicles, the vehicles by Kia and the Chrysler Corporation account for a whopping 78% of the total!