Oct 14, 2009

List of cars that lose value fastest

10 Cars that lose value fastest per a report in Forbes Magazine online.

1. Chrysler Sebring Convertible
MSRP: $28,530

Value after 24 months: 27%
Value after 36 months: 22%
Value after 48 months: 18%
Value after 60 months: 15%

2. Kia Sedona
MSRP: $21,245

Value after 24 months: 33%
Value after 36 months: 24%
Value after 48 months: 19%
Value after 60 months: 15%

3. Kia Optima Sedan
MSRP: $17,495

Value after 24 months: 32%
Value after 36 months: 25%
Value after 48 months: 21%
Value after 60 months: 17%

4. Kia Spectra Sedan
MSRP: $13,550

Value after 24 months: 35%
Value after 36 months: 26%
Value after 48 months: 21%
Value after 60 months: 17%

5. Dodge Grand Caravan
MSRP: $23,545

Value after 24 months: 24%
Value after 36 months: 26%
Value after 48 months: 21%
Value after 60 months: 17%

6. Dodge Ram 3500
MSRP: $30,385

Value after 24 months: 34%
Value after 36 months: 26%
Value after 48 months: 21%
Value after 60 months: 17%

7. Saab 9-7X
MSRP: $42,615

Value after 24 months: 33%
Value after 36 months: 27%
Value after 48 months: 21%
Value after 60 months: 17%

8. Mitsubishi Raider
MSRP: $21,135

Value after 24 months: 30%
Value after 36 months: 25%
Value after 48 months: 21%
Value after 60 months: 18%

9. Lincoln Town Car
MSRP: $46,525

Value after 24 months: 32%
Value after 36 months: 26%
Value after 48 months: 22%
Value after 60 months: 18%

10. Dodge Durango
MSRP: $28,980

Value after 24 months: 33%
Value after 36 months: 26%
Value after 48 months: 22%
Value after 60 months: 18%

There is a definite pattern as 3 Dodge vehicles and 3 Kia vehicles show up on the list accounting for 60% of the total.

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