Chevrolet Express
The Chevrolet Express is not for everyone since it is a cargo van. But for the business owners out there who need a vehicle like this, they’ll find that its depreciation is far higher than other vehicles in this category. Within the first 12 months of owing this van, you can expect to see a dip of 37% in value! Some might attribute this drop in value to the fact that there is a new model of this van which is almost identical, and it offers more upgrades than the Express.
Chevrolet Impala
Many are familiar with the Chevrolet Impala since it is a popular car in the United States. Part of the reason for the car’s high depreciation rate is that it is part of Chevrolet’s fleet vehicles – cars which are used as rentals or as company cars. Since there is a multitude of this model, there are no special models or unique features which make it stand out from the rest. Last year’s Impala was valued at $27,000, but this year it is 33.5% lower.