Top 12 Fastest Depreciating Cars

7 years, 3 months ago - 20 November 2016, Autoblog
Fiat 500
Fiat 500
It's a sinking feeling many new car buyers are well aware of, the knowledge that your brand-new car just lost a bunch of money, just because you drove it off the lot.

According to iSeeCars.com, the typical amount of depreciation for 1-year-old cars with average miles stands at 21.2 percent. Many cars, though, lose a much higher percentage of value in their first year.

While you might want to think twice about buying one of these vehicles brand new, the depreciation could actually work in your favor if you buy a vehicle that's just one year old.

“Everybody knows that new cars depreciate the most in the first year and that different cars have different depreciation rates, but we wanted to see which used cars experienced the largest price drops compared to their new models,” said Phong Ly, iSeeCars.com CEO.

12. Buick Regal

Buick Regal sedan in silver

Price Difference Over The First Year
In Dollars: $10,117
Price Difference Over The First Year In Percentage: 31.2 %

11. Chrysler 300

Chrysler 300 sedan in dark silver

Price Difference Over The First Year
In Dollars: $11,525
Price Difference Over The First Year In Percentage: 31.7 %

10. Cadillac CTS

Cadillac CTS

Price Difference Over The First Year
In Dollars: $13,351
Price Difference Over The First Year In Percentage: 31.8 %

9. Fiat 500

Fiat 500 hatchback in blue

Price Difference Over The First Year

In Dollars: $6,099

Price Difference Over The First Year In Percentage: 31.9 %

8. Jaguar XF

The 2009 Jaguar XF sedan in light blue

Price Difference Over The First Year
In Dollars: $19,966
Price Difference Over The First Year In Percentage: 32.3 %

7. Lincoln MKZ / MKZ Hybrid

2013 Lincoln MKZ at LA Auto Show

Price Difference Over The First Year
In Dollars: $14,177
Price Difference Over The First Year In Percentage: 33.8 %

6. Nissan Maxima

Nissan Maxima sedan in black

Price Difference Over The First Year
In Dollars: $12,469
Price Difference Over The First Year In Percentage: 34 %

5. Mercedes-Benz C250

Mercedes C250 in white

Price Difference Over The First Year
In Dollars: $15,247
Price Difference Over The First Year In Percentage: 34.3 %

4. Kia Cadenza

Kia Cadenza sedan in blue

Price Difference Over The First Year
In Dollars: $12,940
Price Difference Over The First Year In Percentage: 34.3 %

3. Volvo S60

Volvo S60 sedan in silver

Price Difference Over The First Year
In Dollars: $14,204
Price Difference Over The First Year In Percentage: 34.4 %

2. Lincoln MKS

Lincoln MKS sedan in silver

Price Difference Over The First Year
In Dollars: $16,039
Price Difference Over The First Year In Percentage: 34.5 %

1. Fiat 500L

Fiat 500L hatchback in yellow

Price Difference Over The First Year
In Dollars: $8,096
Price Difference Over The First Year In Percentage: 34.6 %

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