50 Cars that are Plummeting in Value

24 – Kia K900

Kia’s brave attempt to present a full-size luxury sedan brought us the K900. This is the Korean competitor to the BMW 7-Series or Mercedes S-Class which means that K900 has all imaginable luxury features, creature comforts and a lineup of powerful engines. Also, it means that K900 had a hefty price tag. As with all luxury cars, it will depreciate significantly. The K900 was introduced in late 2014 as a2015 model and it came equipped with a 420 hp engine and high level of luxury as standard. The base price was close to $60,000 which was still cheaper than the competitors but definitely a lot of money for a Kia. Today, you can find well-cared and two-year-old examples for just above $30,000 which is pretty cheap for a big, premium model like the K900.

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