Study Finds Luxury Cars Worst On Resale Value Print E-mail
Written by AlterMyEnergy   
Friday, 13 June 2014 02:16

Wondering which vehicles are best when it comes to retaining value?

Pickup trucks, famous for their rugged construction, generally fair best when it comes to depreciation and luxury cars fare worst, a study by an auto website, CarGurus.com, finds.

The study looked at the prices of used cars from the 2008 to 2012 model years from March 2013, to March 2014. Some 577 models were studied, with the median model losing 9.8% over the one-year period.

The 2012 Ram pickup fared best in the study for retained value on a list that also included the Nissan Titan, Ford F-150 and Chevrolet Silverado, along others. The highest-ranking used car on the list was the Dodge Charger in third place.

Among biggest losers, the list includes 2010 BMW 3 Series, 2012 Mercedes-Benz E Series, 2008 Volvo XC90, 2009 Audi A4, 2009 Cadillac STS and 2012 Cadillac SRX.

Read the full article here.

 
 
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