9/23
Kia Cadenza
While the brand has proven to consumers that it represents true class on the road, the Cadenza is a model that hasn’t quite caught on. This unfamiliarity leads to a rapid depreciation of value as consumers looking for a used car will not be rushing out to buy a vehicle they’ve likely never heard of. Conversely, this means there is value for used car shoppers who’ve done their research and know that Cadenza is a very fine ride indeed. The Kia brand is racking up dependability awards; find out which other cars will last you 250,000 miles.
10/23
BMW X1, X3, X5, X6
In a five-year period, these luxurious BMW SUVs plummeted in value at a rate of more than 60 percent, according to a 2018 study of depreciation. Compare that to Toyota models like the Rav4, 4Runner, and Highlander, all of which have a lower sticker price and retain on average 17 percent more of their original cost. If you must own a BMW, don’t count on resale or trade-in value down the road—such is the price of luxury.
11/23
Lincoln MKS
Luxury cars already depreciate at a staggeringly high rate. When you add in the discontinuation of a model, you are left with a vehicle that may have lost more than half of its original value before your lease is finished. This Lincoln is no longer being produced and its no longer worth nearly what the sticker price read while on the dealer’s lot.