10 Cars With Fastest Depreciation Rate in 2023

1. Ford Expedition:

The Ford Expedition offers a spacious and comfortable interior, making it ideal for large families and long journeys. However, its depreciation rate is relatively high due to its average fuel efficiency and potential reliability issues.

Pros include ample cargo space and towing capacity.

Cons include its high ownership costs and frequent maintenance needs.

2. Volvo S90:

The Volvo S90 exudes elegance and offers a refined driving experience. Its depreciation rate may be high due to limited brand appeal compared to its German counterparts.

Pros include advanced safety features, a well-crafted interior, and a powerful engine.

Cons may include expensive repairs and maintenance, as well as relatively weak resale value.

3. Audi A6:

The Audi A6 provides a luxurious and comfortable ride with its high-quality interior and advanced technology features. However, it may experience a high depreciation rate due to strong competition in the luxury sedan segment.

Pros include superior handling, powerful engine options, and a sophisticated infotainment system.

Cons include potentially costly repairs and maintenance, as well as limited interior space.

4. Lincoln Navigator:

The Lincoln Navigator is a full-size SUV that offers generous interior space, including roomy seating for up to eight passengers. However, its depreciation rate might be high due to its average fuel economy and potential reliability issues.

Pros include a comfortable ride, a well-designed cabin with high-end materials, and advanced safety features.

Cons may include expensive ownership costs and limited maneuverability.

5. Mercedes-Benz S-Class:

The Mercedes-Benz S-Class is a flagship luxury sedan known for its opulence, cutting-edge technology, and excellent performance. However, its rapid depreciation rate is mainly due to its high initial purchase price and potentially expensive repairs.

Pros include a sumptuous interior, state-of-the-art features, and an array of powerful engine options.

Cons may include high maintenance costs and complex infotainment systems.

6. Cadillac Escalade ESV:

The Cadillac Escalade ESV is a large luxury SUV offering an abundance of space, comfort, and high-end features. However, its depreciation rate might be high due to its average fuel efficiency and potential reliability issues.

Pros include a stylish exterior, a plush cabin, and a powerful engine.

Cons may include high ownership costs, limited maneuverability, and a stiff ride quality.

7. Infiniti QX80:

The Infiniti QX80 is a luxurious full-size SUV with a bold design and a comfortable, well-appointed interior. However, its depreciation rate may be high due to its subpar fuel efficiency and less prestigious brand image.

Pros include a spacious cabin, powerful V8 engine, and advanced safety features.

Cons may include limited cargo space and higher ownership costs compared to its rivals.

8. Jaguar XF:

The Jaguar XF is a midsize luxury sedan that stands out with its sporty design and engaging driving dynamics. Its depreciation rate may be higher than average due to strong competition in the luxury sedan market.

Pros include a comfortable and luxurious interior, excellent handling, and a range of engine options.

Cons may include higher maintenance costs, limited rear-seat headroom, and a small trunk.

9. Maserati Ghibli:

The Maserati Ghibli is a stylish luxury sedan, offering a unique Italian flair and exhilarating performance. However, its depreciation rate can be steep due to concerns about long-term reliability and higher ownership costs.

Pros include a powerful engine lineup, engaging handling, and an eye-catching design.

Cons may include higher maintenance costs, limited rear-seat space, and a less refined ride compared to its rivals.

10. BMW 7 Series:

The BMW 7 Series is a flagship luxury sedan offering a blend of sportiness and luxurious features. While it is known for its performance and high-quality interior, its depreciation rate can be high due to increased competition in the luxury segment.

Pros include a comfortable ride, cutting-edge technology, and a range of powerful engine options.

Cons may include high ownership costs, expensive repairs, and a complex infotainment system.