As anyone who’s been shocked at trade-in moment knows, cars age about as well as prom queens. By the fifth year of ownership, you can expect to have lost 65% of your vehicle’s value. That’s an average. But some cars lose even more. Right or wrong, a vehicle’s reputation precedes it, and it can take years to turn a not good insight around. that is one reason that Kias and Suzukis lose 75% or more of their values by year five. Supply and demand additionally play a role, and cars that are common to rental fleets, for example, see their values plummet. Finally, transportation needs and tastes change by date. Do you really think your make new Lincoln Navigator will hold its value five years hence in an era of $4 gas?
Who made the list? Read after the jump.
In no specific order, the fast-losers are:
- Ford Econoline
- Suzuki Reno
- Chevrolet Uplander
- Suzuki Forenza
- Mercury Grand Marquis
- Suzuki Aerio
- Kia Sedona
- Lincoln Town Car
- Isuzu Ascender
- Dodge Durango
Source: Forbes
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