Mini Cooper
The Mini Cooper is a compact car that is appealing and has a lot of loyal followers. Despite this, the vehicle depreciates the most compared to other car models of the same kind. One year ago, a brand new Mini Cooper’s standard cost was $20k but the value of a 2015 Mini Cooper has dropped by 29.3 percent now. When you think of this kind of car, its residual value matters as the value decrease costs the most when you own a car.
Mini Cooper
GMC Yukon
The price hike of gas has generally stopped and the lure of gas-guzzling SUVs has come back. However, since the redesign of the GMC Yukon, the vehicle has suffered. It is also possible that buyers of brand new cars have been researching the 5-year cost-to-own of a new Yukon. Buying it brand new will cost $47k but owners will spend $70k to own one for the first five years alone. Regardless of the cause, the value of these SUVs drops to almost 33 percent in just the first year.
GMC Yukon