Five cars that depreciate like a stock
market crash people often say that
buying a car is the second largest
purchase of your life other than your
home of course
unlike most homes 99% of new cars are
guaranteed to lose money in the first
three years depending on brand model and
type some lose more than others
it’s higher priced cars from
lesser-known brands the further worst
although there are some exceptions here
are five cars that depreciate really
quickly.
1 number one maybach 57 originally sticker
priced at over $300,000 you can now
purchase a used example for an extremely
discounted 57 thousand in only 11 years
this Rolls Royce beating juggernaut to
shed a whopping two hundred and forty
three thousand dollars despite its
incredible performance and luxury let’s
hope we didn’t buy it in cash the 57
produces 543 horsepower from a modified
5.5 liter v12 altered specifically for
Maybach vehicles although the Maybach
has a great look critics often complain
that there wasn’t enough change to
distinguish it from its much much
cheaper Mercedes limo rivals the models
cease production in 2013 due to
continued financial losses for the
marque and sales at one-fifth the level
of the profitable rolls-royce models
Rolls Royce vehicles tend to have better
residuals too although some of them are
also likely to tank in value.
2 number two VW Phaeton w12 those of you familiar
with the Phaeton won’t be particularly
surprised by this one first introduced
in 2003 the 444 horsepower w12 Phaeton
silently revolutionized the way
Volkswagen build their vehicles the
vehicle was a pet project of Ferdinand
Pike the then chief executive of
Volkswagen the idea was supposed to be a
showcase at the quality engineering and
design of Volkswagen the base MSRP was
ninety four thousand six hundred dollars
back then
with the biggest markets being China
South Korea and Germany sales were
rather dismal in America with less than
2400 being sold in total American
consumers were confused by the batch
with Volkswagen not being a luxury mark
despite being based on the same platform
as the Audi a8 and being rather more
intelligently designed than that vehicle
luckily for used purchases it makes for
an incredible bargain now.
3 number three Maserati Quattroporte if you bought one
of these bad boys knew you better have
made sure you enjoyed it as much as
possible the 2006 Gen cars which are
notoriously unreliable have plummeted
from around ninety five thousand five
hundred dollars originally to twenty
five thousand now worse still it’s the
dealership depreciation that gets you on
this car drive it off the lot and you’ll
lose thousands immediately later join
cars have better residuals although they
still depreciate more than some other
brands with a roaring v8 engine
rear-wheel drive and fantastic looks the
Quattroporte is a remarkable vehicle in
more ways than one the sluggish
automatic gearbox does let it down
however with a newfangled double clutch
is making it seem dated.
4 number four f10 m5 it’s amazing what waiting three years
and thirty thousand miles can achieve
the v8 twin-turbo rocket barge known as
the m5 started at $95,000 less price in
2016 a 2014 example with just 30,000
miles can be yours for less than sixty
thousand dollars thirty five percent
depreciation in three years spend a bit
more and get a BMW approved used example
and you’ve got one fine machine with a
warranty but some other poor soul pain
appreciation it’s often said that the
first three years are the most costly
with a vehicle and so by going nearly
knew it could work out pretty well for
you the m5 is a brilliant vehicle to
easily mapable up to a supercar beating
600 HP drifts drag racing and family
duties are all taken care of.
5 number five Jeep Cherokee trailhawk
the Cherokee is jeeps response to the
compact SUV market predominantly cars
like the Audi q5 BW t1 and the bmw x3
it’s not a bad vehicle but its German
rivals outshine it in terms of comfort
reliability and with the v6 model fuel
consumption according to motoring
magazine what car the Jeep Cherokee
trailhawk loses a staggering seventy six
point seven percent of its value in the
first three years priced brand new at
forty one thousand two hundred ninety
pounds or fifty-two thousand six hundred
and forty three dollars the Cherokee.
Three years later is worth on average
just ninety five hundred pounds or
twelve thousand two hundred and forty
eight dollars an astonishing loss of
over thirty nine thousand dollars if you
want a Jeep Cherokee trailhawk just buy
it three years used and save some money
so there you are five cars that depreciate at an
eye-watering rate would you purchase one
of these cars new or used which other
car should i’ve suggested.
