Find the Best Car Deals Near You ⤵
5 New Cars You Should Avoid
April 11, 2013
Although most adore the new car smell, one thing that keeps many from purchasing a brand new car is depreciation - the fact that once you drive that new car off the lot, the value automatically drops quickly and will keep going from there.
However, not every car depreciates the same - some lose their value faster, while others burn it at a slower rate.
Bankrate.com has recently revealed a list of the five cars that depreciate the most along with some alternatives that may hold their value a bit longer.
On the list - the 2012 Kia Sedona LX, 2013 Chevrolet Impala LT, 2012 Jeep Liberty Limited Sport, 2013 Suzuki Grand Vitara Premium, and 2013 Jaguar XJ.
As always, I recommend you use the free when buying or leasing a new car - to make sure you don't get hit with severe depreciation.
Vehicle | MSRP | Depreciation Over 5 Years | Better Alternative | MSRP | Depreciation Over 5 Years |
---|---|---|---|---|---|
2012 Kia Sedona LX | $24,900 | $17,730 | 2012 Honda Odyssey | $28,375 | $14,768 |
2013 Chevrolet Impala LT | $27,385 | $17,983 | 2013 Toyota Camry L 4DR Sedan | $22,235 | $9,688 |
2012 Jeep Liberty Limited Sport 2WD | $23,395 | $15,239 | Toyota FJ Cruiser 4X2 AT | $26,115 | $8,113 |
2013 Suzuki Grand Vitara Premium RWD | $22,349 | $14,379 | 2013 Mini Cooper Countryman | $22,000 | $10,210 |
2013 Jaguar XJ AWD | $76,700 | $52,014 | 2013 Porsche Panamera | $80,450 | $41,988 |
Signup for The Weekly Newsletter
Each week, I'll keep you up-to-date on the latest car deals and news that might affect your purchase. This includes...
- Best Rebates, Incentives, and Lease Deals
- Latest Car Buying Scams and Tricks
- The Best & Worst Time to Buy a Car
- Which Cars You Should Avoid
About The Author
Gregg Fidan is the founder of RealCarTips. After being ripped off on his first car purchase, he devoted several years to figuring out the best ways to avoid scams and negotiate the best car deals. He has written hundreds of articles on the subject of car buying and taught thousands of car shoppers how to get the best deals.Latest Weekly Car Buying Tips
November 2024
- All SUV Lease Deals Compared November 2024 Nov 21, 2024
- New Cars with the Most Available Inventory Nov 21, 2024
- Best Car Deals Around the Country Nov 21, 2024
- Real Prices of Pickup Trucks Nov 21, 2024
- Top 100 Cheapest Lease Deals Nov 14, 2024
- Biggest Discounts on New Cars November 2024 Nov 14, 2024
- Cars With the Largest Rebates Nov 14, 2024
- Real Prices of Midsize SUVs Nov 14, 2024
- Best 0% Finance Deals November 2024 Nov 07, 2024
- Best Bang for Your Buck Lease Deals Nov 07, 2024
- Best Electric, Hybrid Lease Deals Nov 07, 2024
- Real Prices of Large SUVs Nov 07, 2024
October 2024
- Best Car Deals by Category Oct 31, 2024
- Real Prices of Compact Cars Oct 31, 2024
- Which Cars Better to Lease or Buy Oct 31, 2024
- Largest Hidden Dealer Rebates Oct 31, 2024
- Real Prices of New Compact SUVs Oct 24, 2024
- Nissan Special Deals Alert Oct 24, 2024
- Top 100 Cheapest New Cars for 2024 Oct 17, 2024
- Cheapest Luxury Lease Deals Oct 17, 2024
- Real Prices of Midsize Cars Oct 17, 2024
I welcome your car buying questions. Email Me and I'll be glad to answer them!