Home » today » Business » Research reveals that premium segment cars lose their value the fastest – Auto in the world – Auto – TVNET Research reveals that premium segment cars lose their value the fastest – Auto in the world – Auto – TVNET August 3, 2022 by world today news Although cars from some premium brands such as Jaguar, Land Rover and Lexus tend to lose their value more slowly, this is not always the case. – Cars from many premium manufacturers lose their value faster than their cheaper counterparts. – – Photo: Publicity photo – As the chart shows, among the manufacturers whose cars lose the most value over the years are Chrysler, Audi and Seat. For example, the maximum depreciation of a new Chrysler car will eventually drop to -96.8% (averaged over 25 years), making it a brand that loses most of its value in the market. In fact, about half of the automakers on the negative end of this depreciation graph are premium manufacturers. While consumers love cars from Infiniti, BMW and Volvo, their value declines significantly over time. – In comparison, Toyota cars reach their lowest value after 19 years, while BMW cars reach it after 21 years. But Toyota vehicles lose about 88.7% of their value, while BMWs lose 93.8%. What factors account for these differences? – “BMWs and other luxury cars tend to come with features and technological improvements that used car buyers don’t appreciate. If you can afford a new BMW, Mercedes-Benz or Land Rover, you probably want the ultimate in luxury and innovation. But those looking for a used car prioritize price and maintenance costs over all the features they can do without. That’s why many buyers find a used Toyota car more attractive than a BMW,” reveals M. Buzelis. — Related posts:The train is always a bit ... sitting at the window: virologists also surprised by the measure taken...Volvo is working on a revolutionary technology. It can replace a transparent displayCermi Mujeres addresses how to combat the educational exclusion of women and girls with disabilities...De Croo: 'Laying the foundation for summer without worries'Share this:FacebookX Related New York stores keep food and other products in safe deposit boxes due to increase in theft How long will Scorn be? The developer answers! Leave a Comment Cancel replyCommentName Email Website Save my name, email, and website in this browser for the next time I comment. Δ This site uses Akismet to reduce spam. Learn how your comment data is processed. Search for: