Mitsubishi Lancer
With a depreciation rate of 35 percent, the Lancer is average on this list and although this particular model is advertised as an affordable car, the depreciation it experiences in the first year is quite high. The 5-year cost of owning one shows how this car compares to other vehicles. A Lancer costs approximately $4k less than a Mini Cooper base model, but if the projected cost of ownership of both cars is compared, the Mitsubishi Lancer still costs $5,000 more than the Cooper does. If you’re making up your mind whether to purchase a Lancer brand new or used, this is something you should keep in mind.
Mitsubishi Lancer
Cadillac CTS
A mainstay in Cadillac’s lineup, the CTS is a luxury sedan which has solid engineering, is well-designed, and is reliable on the road. However, it faces a depreciation rate of 36.9 percent, which is definitely higher than many luxury cars. Therefore, a 2015 CTS bought brand new at about $45k is now worth approximately half that amount.
Cadillac CTS
