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

Published on 12/23/2018
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Tesla X

As the newest frontier for the car industry seems to be electric cars, Tesla have jumped on the eco-friendly bandwagon with the Tesla X. As more and more governments seems to initiate more regulations to try and eliminate combustion engines and gasoline, this means the electric industry is advancing in leaps and bounds. This also means that electric pioneers and older models are being left by the wayside. Before long, this model will seem like a dinosaur, which is understandably why it’s value plummets by 29%.

Tesla X

Tesla X

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Kia Sedona

Although Mini vans don’t tend to hold their value in the used car market, the Kia Sedona has followed this trend and seems to have a history for pretty steep depreciation in value. Even when newer models have been released, they seem to follow the same pattern. This may be because the mini-van competition is fierce, as there are so many on the market. Either way, if you’re on the lookout for a mini-van, it’s best to buy it used rather than new as the depreciation rate is 29.48%.

Kia Sedona

Kia Sedona

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