35 Luxury Cars That Are Set To Plunge In Value This Year

Published on 01/10/2019
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Mini Cooper

The Mini Cooper is considered a classic car and it has plenty of fans among us. Unfortunately, it has higher depreciation rate than other compact cars. On average, a Mini Cooper will set you back by $20k. If you bought the 2015 Mini Cooper, you should know that it has already lost 29.3 percent of the retail price by now. Don’t forget to keep the residual value in mind, because the drop in value often ends up costing the most.

Mini Cooper

Mini Cooper

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GMC Yukon

Now that the gas price hike is over, more and more people are getting attracted by the gas-guzzling SUVs. The GMC Yukon is yet another vehicle that has been victimized by a redesign. Potential buyers should know that a brand-new unit will cost them $47k outright but a cost-to-own scheme can price it at $70,000 in the first 5 years! Potential buyes should also know that after the first year, the value of the SUV drops by almost 33 percent.

GMC Yukon

GMC Yukon

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