Top 10 Cars with the WORST Depreciation 🤯🙉📉
These are 10 of the fastest-depreciating cars, and Number 1 hurts because I literally bought it.
10. Maserati Levante: -48%
11. Mercedes EQS: -51%
12. VW ID.4: -51%
13. Chevy Trailblazer: -52%
14. Polestar 2: -52%
15. Tesla Model 3: -53%
16. Lucid Air: -55%
17. Tesla Model X: -55%
18. Tesla Model Y: -57%
And …
Tesla Model S: -61.5% 🤯
Average new price: $130,000
Average used price: $50,000
Value wiped out: $80,000
But this is exactly why I LOVE buying used. Earlier this year I bought a used Model S Plaid with FSD for around $50,000.
That same setup was over $130,000 new. Instead of being the person who ate $80K+ in depreciation, I bought AFTER somebody else already did.
I almost never buy brand-new cars for this exact reason.
Sometimes the best “deal” isn’t getting a cheaper car…It’s letting someone else pay for the expensive first few years of depreciation.
#carbuyingtips #carbuying #moneysaving #moneysavingtips #personalfinancetips
These are 10 of the fastest-depreciating cars, and Number 1 hurts because I literally bought it.
10. Maserati Levante: -48%
11. Mercedes EQS: -51%
12. VW ID.4: -51%
13. Chevy Trailblazer: -52%
14. Polestar 2: -52%
15. Tesla Model 3: -53%
16. Lucid Air: -55%
17. Tesla Model X: -55%
18. Tesla Model Y: -57%
And …
Tesla Model S: -61.5% 🤯
Average new price: $130,000
Average used price: $50,000
Value wiped out: $80,000
But this is exactly why I LOVE buying used. Earlier this year I bought a used Model S Plaid with FSD for around $50,000.
That same setup was over $130,000 new. Instead of being the person who ate $80K+ in depreciation, I bought AFTER somebody else already did.
I almost never buy brand-new cars for this exact reason.
Sometimes the best “deal” isn’t getting a cheaper car…It’s letting someone else pay for the expensive first few years of depreciation.
#carbuyingtips #carbuying #moneysaving #moneysavingtips #personalfinancetips
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