14 Cars That Don’t Hold Their Resale Value

2016 CHRYSLER 200 Release Date and ReviewPhoto by faza_elh

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14. Chrysler 200 Convertible

Finally, we wrap this list up with the sporty Chrysler 200 Convertible. This mid-sized sedan has a moderate price-tag and the fun convertible design. In fact, this is a popular enough car that you have likely seen a few on rental car lots and you may remember it in its earlier rendition: the Sebring.

The MSRP on a Chrysler 200 Convertible is around $22,990 for the base model and the prices can go up to as much as $30,000 depending on the features and upgrades you choose on the new car. However, once the vehicle is five years old, it only holds 23% of its value. That drops the value down to only $5,287 in a fairly short time frame for the type of car it is.

All vehicles drop in value as soon as you buy them, and while that’s a frustrating fact of life, there are some things you can do to avoid the issue. Some cars simply hold their value better than others, and this list of 14 would be vehicles to avoid if you want a good trade in or sale value in a few years.

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