NorCalAthlete
O_o
koenigsegg?
I don't think they make an EV.
koenigsegg?
I don't think they make an EV.
Not quite. Think about a country that might also be next to the Adriatic Sea.
New research from analytics iSeeCars found that a handful of cars depreciated more than 50 percent over five years, with the BMW 7 Series dropping 56.9 percent and an average price cut of $61,923 over that time.
The vehicles with the highest depreciation — or worst resale value — over five years:
BMW 7 Series: -56.9%
Maserati Ghibli: -56.3%
Jaguar XF: -54%
Infiniti QX80: -52.6%
Cadillac Escalade ESV: 52.3%
Mercedes-Benz S-Class: 51.9%
Lincoln Navigator: -51.9%
Audi A6: -51.5%
Volvo S90: -51.4%
Ford Expedition: -50.7%
Here's some jaw dropping car depreciation.
I knew about the S class cars and 7 series, assumed that for the Maseratis but not some of the others.
https://www.autoblog.com/article/cars-worst-resale-value-most-depreciation/
Wonder what year's he's using. 2022 and 2021 years would be outliers if included.
iSeeCars analyzed over 3 million used cars from model years 2017 and 2019 sold from January to October 2022.
Heavy-duty trucks and vans, models no longer in production as of the 2022 model year, and low-volume models were removed from further analysis.
MSRPs from 2017 and 2019 were inflation-adjusted to 2022 dollars based on data from the US Bureau of Labor Statistics.
The difference in average asking price for each vehicle between its MSRP and its used car pricing was mathematically modeled to obtain the vehicle’s depreciation.
Are five year old Jeeps really selling for just $2300 below the original purchase price?
Just costing the owners gas and insurance.