14 Cars That Don’t Hold Their Resale Value

Photo by faza_elh

7. Dodge Durango

You may be noticing a trend here in that many of the vehicles that lose value quickly are SUVs. That’s largely due to poor fuel economy in a world where eco-friendly options are more popular than ever. Here’s another example: the Dodge Durango. Sporting the classic Dodge style and front end, the Durango gets only 23 MPG on the highway and 14 MPG in the city.

The starting MSRP of a base model Dodge Durango SXT RWD is $30,495. The 4WD models cost considerably more. This SUV depreciates rather quickly too. According to Forbes magazine, the two year value for the Durango is 44%. After five years of ownership, the vehicle depreciates 76%. That leaves a five year value of just $7,300.