50 Cars that are Plummeting in Value

32 – Mitsubishi Lancer

The Lancer is par for the course on this list with its depreciation rate at 35 percent. This is a make and model that markets itself as affordable but loses a huge percentage of its worth in the first year. The 5- year cost to own shows how it stands up to other vehicles in the long run. For example, a $17.5k Mitsubishi Lancer costs roughly $4k less than the base model MINI Cooper (also featured on this list). But when a side-by-side comparison is made between both vehicle’s expected ownership costs for five years, the Lancer costs $5k more than the Cooper does. This is something to consider whether buying a Lancer new or used.

19 of 51