35+ Cars That Are Plummeting In Value – Is Your Car On This List?

Published on 12/23/2018
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Kia K900

In a bold attempt to provide a full-sized luxury sedan, Kia created the luxurious K900. Originating from Korea, the K900 is the definitive rival to the Mercedes S-Class or the BMW 7-Series. The model is the height of luxury, with all the creature comforts you could wish for, slick features and an impressive engine to match. Like most premium cars, the K900 has a considerable price tag. Still, the model has also depreciated significantly. Whilst it was released in 2015 with the standard 420-hp engine, it was awarded a high price tag for a Kia at $60k. Although, competitively speaking, compared to it’s rivals, this price was considerably low for a luxury sedan. Now you can expect to find a 2-year old premium K900 in good condition for a cool $30k.

Kia K900

Kia K900

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VW Passat

Created for the mid-sized family sedan market, the VW Passat provides a more practical but less luxurious offering. You can now expect to find this car a a fraction of its base price. While its equipped with advanced technology, smooth features, a good engine, and stamped with VW’s signature quality and style, it’s actually pretty good car. You may be wondering what’s the catch. Well, due to some controversy over Volkswagen’s emission cheating scandal, many Passat models with a a diesel engine were recalled last year. This understandably generated some bad publicity for VW and incidentally called the price of these models to spiral down in value. You can now find a 2014 VW Passat’s MSRP, initially worth $25k for just $12-13k. Though we wouldn’t recommend the diesel engine, you can also find many cheaper Passats with gasoline engines.

 

VW Passat

VW Passat

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