35 Cars That Are Rapidly Nose-Diving In Value

Published on 12/18/2018
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Dodge Charger

According to Cars.com, the cost of owning a 2015 Dodge Charger for 5 years is a little over $41k. The car originally costs $26k, and in the first 12 months, the car’s value will drop more than $8,000 (45 percent or more). Why? When most models are not interesting and have no add-on features that are noteworthy. Perhaps due to an attractive, more popular, and upgradable competitors are the cause of the depreciation rate.

Dodge Charger

Dodge Charger

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Chevrolet Camaro

The Chevy Camaro is sporty and sharp but it is said to depreciate 39 percent during the first 12 months. On this list, this is among the highest depreciation rates. The average total cost to own a Camaro-2015 for five years is around $40k. It’s $23.7k after being driven off and loses over $8,000 in its first 12 months of ownership. Similar to a Corvette, SS or Mustang, the Camaro is a sports car that is American-made and has worshippers which several luxury car lines also have. Perhaps this is the reason why the Camaro drops its value similar to a luxury car.

Chevrolet Camaro

Chevrolet Camaro

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