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
Price Difference Over The First Year
In Dollars: $10,117
Price Difference Over The First Year In Percentage: 31.2 %
11. Chrysler 300
Price Difference Over The First Year
In Dollars: $11,525
Price Difference Over The First Year In Percentage: 31.7 %
10. 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
Price Difference Over The First Year
In Dollars: $6,099
Price Difference Over The First Year In Percentage: 31.9 %
8. Jaguar XF
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
Price Difference Over The First Year
In Dollars: $14,177
Price Difference Over The First Year In Percentage: 33.8 %
6. Nissan Maxima
Price Difference Over The First Year
In Dollars: $12,469
Price Difference Over The First Year In Percentage: 34 %
5. Mercedes-Benz C250
Price Difference Over The First Year
In Dollars: $15,247
Price Difference Over The First Year In Percentage: 34.3 %
4. Kia Cadenza
Price Difference Over The First Year
In Dollars: $12,940
Price Difference Over The First Year In Percentage: 34.3 %
3. Volvo S60
Price Difference Over The First Year
In Dollars: $14,204
Price Difference Over The First Year In Percentage: 34.4 %
2. Lincoln MKS
Price Difference Over The First Year
In Dollars: $16,039
Price Difference Over The First Year In Percentage: 34.5 %
1. Fiat 500L
Price Difference Over The First Year
In Dollars: $8,096
Price Difference Over The First Year In Percentage: 34.6 %
