10 Car Models with the Biggest Price Drops! Used Car Market in Trouble
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- Опубликовано: 7 сен 2024
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The used car market is a fluid system, constantly changing the value of vehicles for a multitude of vehicles. Factors such as reliability, cost to own, prestige, the existence of a newer generation, and a host of other things all culminate to achieve a proper market value.
Major world events such as epidemics causing global supply shortages cause long-reaching effects on the market, and it seems that the previously inflated values of used cars spurned on by the shortages of new cars have started to come down.
iSeeCars has collated data from over 2.2 million 1- to 5-year-old used cars sold in May 2023 and 2024 to see which models have dropped their values most drastically. On average, they found a drop of 6.5% across the board. However, electric cars have seen a significant price crash, with some losing a third of their value in one year. A lowered demand for EVs has seriously tanked the market, and as we go over the top 10 value losers, you’ll notice a significant number of these once-hot models.
Do your car price research, visit my site:
►For Used-Cars: thesuvgeek.com/used-suv-pricing/
►For New Cars: thesuvgeek.com/new-car-quote/
Jaguar is no more a british company. It's owned by an Indian company for many years now. Even the Range rover.
Jaguar is a TATA Motors brand ......good luck. All style; with little to questionable substance.
Do you own one?
jaguar has had no substance for many years now even before TATA
Range Rover is owned by the Chinese so is Volvo and Saab .
@@donaldpiper9763 No, Range Rover is also owned by TATA Motors, India.
Luxury brands have always had some of the biggest depreciation and since the beginning of the electric vehicle craze, a lot of market analysis experts have said the same will be true for the evs. So nothing in this video is a surprise
I cant stand listening to this AI voice.
It's tries sooooooooooo hard to. It even has artificial breath pauses.
Would have liked to see non-ev SUVs on this list.
the maserati levante and the jaguar e-pace both fit the bill and were on the list
I wanted a Tesla but I started seeing lines at recharge stations so unless they greatly expand it, I'm going to hold off. The news of Tesla eliminating their team that is responsible for building and expanding their recharging network also added to my hesitation.
Lmao just charge at home I don’t know why people complain about it or if can’t just get a dam hybrid. I could charge at home and let idiots go charge at superchargers.
Lesson learned? Stay away from the damn EVs
I hate Ai narrated videos
Then don’t watch the video
Was it my imagination that they were all electric vehicles?
I think we both might be imagining
EV’s are a bad investment
@@billlawrence123 what is the best investment?
@@Gopinathk17 honda grom
So why use the word investment?
Thanks
I am surprised that the posche taycan did not feature ? !
Wrecked my 2019 Jeep Grand Cherokee with 2 deer so I needed to buy a car quickly. So I went back and got the new model but only the 4xe had what I was looking for with the technology and all. With that said the Jeep Grand Cherokee 4xe needs to be on this list. I returned mine within a year of ownership. It charges to a 27 mile range but only really gets 25… no thanks.. the fact that it has a short range should have told me everything I needed to know. Also everything is coming with these 4 cylinder twin turbo which is also going to be a problem soon
you would definitely benefit from talking yourself instead of using an ai voice.
Masarati's how much do you have to keep it on the road!
I'm new here and I'm from Monrovia, Liberia.
You need to do this with a focus only on ICE cars.
As an English man i am not surprised that JLR have two cars in the list ., after all we had the god awful British Leyland ! As JLR have the most terrible record for breaking down , so did BL !
Appreciate your work!
But can you do me a favor and label this Video as EV. And then do a separate video with combustion engines. That would help tons. And possibly get you more views!
The lesson here. Buy an EV and loose your rear end. Between EV battery technology cycles and manufacturers trying to reduce EV cost. You can’t win buying an EV. I’d buy and did purchase a gas powered vehicle. I’m likely not an EV buyer for another 4 years. Do you think the earth will still be around in 4 years. Several years ago we were told we had less than 10 years.
Still too expensive.
What a joke and waste of time of course expensive junk cars are not selling.
What happed to the EV market? This is almost an EV list
Porsche taycan ?
Dumb. Just EV cars. change title
😇😇😇😇🫶🫶🫶🫶❤️❤️❤️❤️
More annoying AI voice over.
Why no chapter list? That way I don't have to sit through this crappy video.