Mini Cooper
The Mini Cooper is quite an appealing compact vehicle that has a loyal fan base. However, this car’s depreciation is the highest among all the car models of this kind. Twelve months ago, the standard price of a brand new Mini Cooper was $20k but a 2015 Mini Cooper’s value has since dropped by 29.3 percent. If you consider this car type, the residual value is important since the reduction in value is what costs the most.
GMC Yukon
In general, the gas price has stopped rising and the interest in gas-guzzling SUVs has been renewed. However, the GMC Yukon has suffered from its redesign. Another reason could be that brand new car buyers have been researching how much it would cost to own a brand new GMC Yukon for five years. The price of a brand new Yukon is $47k but the cost-to-own is $70k for just the first five years. Whatever the reason, the value of these vehicles drops to around 33 percent in the first year alone.