Auto Industry's 10 Best and Worst Cars for Depreciation

Cars, unlike parcels of land, do not appreciate inToyota Prius. As a fact, there is an overwhelming
value over time. They normally depreciate.demand for this particular car. Toyota parts for
Moreover, vehicle owners have to know the carsPrius were further improved by several upgrades
that hold value best. Which cars do not easilythat include extra batteries, stealth mode,
depreciate? According to the Consumer Reports'chargers and solar panels. A used Prius can be had
depreciation ratings, import brands lead in carat approximately $22,000. The top 10 best cars
resale value while the domestic models are on thefor depreciation are Toyota Prius, Mini Cooper
adverse position.($17,500 to $25,500), Scion xB ($14,000 to
It was found out that those affordably priced$15,000), BMW M3 ($49,000 to $56,500), Lexus
cars like the Toyota Prius hybrid, Scion vehiclesRX ($36,000 to $46,000), BMW 6-Series ($72,000
and Mini Cooper hold their value better thanto $79,000), Lexus GX ($46,500), Acura TSX
sports and luxury vehicles in the market. The($30,000), Scion xA ($13,000 to $13,500), and
best cars are made by either Japanese orHonda Civic & Civic Hybrid ($14,500 to $24,500).
European nameplates. On the other hand, theThe worst car in depreciation is Ford Freestar,
worst cars with high depreciation are mostlywhich has replaced Ford Windstar. Last year, the
domestic brands, which are commonly used bysales figure of the car was down by 20 percent.
rental companies and fleets.Now it has a depreciation value of $19,500 to
The best and worst cars in depreciation are rated$29,500 far below the average. Next to Ford
by Consumer Reports based on the differenceFreestar are Ford Crown Victoria ($24,500 to
between the MSRP of a 2004 model when new$27,500), Buick Rainier ($31,500 to $33,500),
and its present retail value. The averageLincoln Town Car ($42,000 to $50,500), Dodge
depreciation was approximately 45 percent overCaravan/Grand Caravan ($18,500 to $27,500),
the first 3 years. Those cars that belong to theMercury Grand Marquis ($25,000 to $29,500),
top 10 are above average while those at theGMC Envoy ($26,500 to $37,000), Ford Explorer
bottom are below average. The Manufacturer($26,500-$36,000), Buick Rendezvous ($25,000 to
Suggested Retail Prices (MSRP) of the cars were$28,500), and Chrysler Town & Country ($21,500
rounded to the nearest $500.to $36,000).
The best car depreciating rating was given to