Forbes: 12 New Cars with the Worst One-Year Resale Values
Washington DC January 22, 2019; The AIADA online reported that there's an old saying that a new car loses a certain percentage of its original value the moment it's driven off a dealer's lot, and that's largely true.
According to Forbes, depreciation is typically one of a new vehicle's biggest long-term ownership costs, and it behooves a car shopper to compare projected resale/residual values to ensure they'll get the biggest return down the road at trade-in time.
Cars and trucks generally depreciate at slower or quicker rates based on a wide range of factors, including supply and demand, new vehicle pricing, incentive levels, and production volumes. Generally, the more expensive the vehicle, the more important depreciation becomes, simply because there's more money at stake.
One of the worst offenders is the Chrysler 300, which loses 31.7 percent of its original value after one year for an average net loss of $13,351.
Click here for the full list of the 12 new cars with the worst one-year resale values.