Mitsubishi Lancer
On the entire list, the Mitsubishi Lancer is average with a 35 percent depreciation rate. This particular make and model advertises itself as an affordable vehicle but its depreciation is quite high in its first year. The cost to own within 5 years shows how this vehicle compares to other cars. A Lancer approximately costs $4k less compared to the Mini Cooper’s base model, which is also on this list. However, if both cars’ expected cost of ownership is compared side-by-side, the Cooper still costs $5,000 less than the Mitsubishi Lancer does. If you’re deciding whether to buy a brand new Lancer or a used one, this is something to keep in mind.
Mitsubishi Lancer
Cadillac CTS
The CTS is a mainstay in the lineup of Cadillac. It’s a luxury sedan that is well-designed, has solid engineering, and is a reliable road warrior. However, it also faces a 36.9 percent rate of depreciation, which is higher than most luxury cars. This means that a brand new 2015 CTS that cost about $45k when it was first bought is now worth roughly half that amount.
Cadillac CTS