The Top 8 Fastest-Depreciating Cars
Three years ago, you bought a nice new car, but now you’re thinking it’s time for a change. You’ve been kind to the car; it’s in excellent condition, and it’s still practically new.
Then you look up your trade-in value and see it’s worth less than half of what you paid 3 years ago. How is this possible? Brand-new cars depreciate quickly, with most models losing up to 20% of their value the first year alone.