Smart ForTwo
A Smart ForTwo vehicle’s value dramatically drops within its first year. This might be because, in spite of getting advertised a lot for being an environmental vehicle, the advantages of driving it end there. Even though the gas consumption is exceptionally low, the inside is quite cramped and really small, the transmission is only two speed (really unpleasant for many drivers), and in spite of it being advocated safe owing to its small size, majority of car buyers still prefer a mid-sized car with a considerably higher safety rating. Within just one year after it is paid for, the Smart ForTwo vehicle is worth roughly 36 percent less or approximately $14k less.
Smart ForTwo
Hyundai Genesis
The Hyundai Genesis is the next car on this list and has the highest and fastest depreciation. Even though the Genesis is a rival to other luxury vehicles, it is lacking the recognized luxury car brand appeal. The price of the Genesis is close to models by Lexus or Mercedes, but in its first year, it already loses 38 percent of its retail value, a disadvantage if you buy it new but a benefit if it is bought used. Those car buyers seeking luxury can purchase a Genesis that is only one year old for $16k less than its $52k original price (brand new).
Hyundai Genesis
