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

Published on 01/10/2019
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Chevrolet Express

Not a lot of people own the 2015 Chevrolet Express since it is a cargo van. If you are a business owner looking for a delivery vehicle, you should know that owning it costs nearly double the retail value. Moreover, the depreciation rate for the first year is around 37 percent. The reason behind this is that it is nearly identical to its previous model. When you pair that with a limited buying audience, the resale value will definitely suffer.

Chevrolet Express

Chevrolet Express

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Chevrolet Impala

There is no denying that the Chevy Impala is a well-established car with loyal fans. Unfortunately, this does not make it immune to high depreciation rates. It’s considered one of the brand’s fleet vehicles that serve as a company or rental car. Basically, cars like this are oversupplied. The Chevy Impala does not have rare features and they do not look as dashing as other luxury cars out there. The lowering demand for middle size sedans and wide availability of the model cause its value to drop. So, an Impala that costs $27,000 new, will suffer a 33.5% depreciation rate the following year.

Chevrolet Impala

Chevrolet Impala

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