New cars lose value fast, right from the second you take ownership and drive them off the lot. But not all new cars are created equal. The money gurus at Forbes recently ranked the cars with the most depreciation over the first year of ownership. If you’re looking to make your investment in new wheels to retain its value longer for resale down the road, then read this.
The good news is that cars with poor resale values are actually great deals for secondhand buyers. If you’re looking for a decent used car, consider one of these models.
The Forbes figures come from a survey of resale values by iSeeCars.com. All figures in US dollars.