35 Cars With The Quickest Depreciation

Published on 12/30/2018
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Chevrolet Express

Since the Chevy Express 2015 model is a cargo van, most of us won’t have one, unless you particularly need this type of vehicle or you own a business. It is essential to know that owning a Chevy Express costs almost twice the amount of buying a brand new one and its depreciation rate is at 37 percent during the first year of ownership, well above average. The possible reason for this is how the previous model looks very much like the new model, along with a limited buying audience and few available upgrades.

Chevrolet Express

Chevrolet Express

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Chevrolet Impala

The Chevy Impala is an established and very popular car but why is its depreciation so fast? One reason is this car being one of the fleet vehicles of Chevrolet, which means that most Impalas will be used as a rental or serve as a company car. Therefore, there is an oversupply of these cars. In addition, they don’t really have unique or rare features and they don’t look that attractive, so with the many Impalas for sale plus the declining demand for mid-sized sedans, this Chevy model’s market value falls dramatically, 33.5 percent lower compared to last year’s $27k.

Chevrolet Impala

Chevrolet Impala

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