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

Published on 01/10/2019
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Dodge Charger

Cars.com has reported that owning the 2015 Dodge Charger will set you back by $41,000 for 5 years. It costs $26,000 from the dealer but its value drops by more than $8k after a year. That is around 45 percent of the original price! Yikes. This typically happens to unattractive vehicles without any noteworthy and unique features. With better and more popular competitors on the market, this is bound to happen.

Dodge Charger

Dodge Charger

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Chevrolet Camaro

It might be sharp and sporty but the Chevy Camaro experiences a depreciation of 39 percent in the first year. It has one of the highest depreciation rates on the list. On average, it costs around $40k to own a 2015 Camaro for five years. It is for sale at a price tag of around $23.7k but it loses more than $8k after only one year. Like the SS, Mustang and Corvette, the American-made sports car nonetheless has many loyal followers.

Chevrolet Camaro

Chevrolet Camaro

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