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Joe Lilli
Actually Teslas are the worst depreciators.
Telsa are the lowest depreciation rate
@@mehwishrauf5559not true, Porsche is
EVs depreciate to zero.
This list is based on really outdated research. Teslas depreciate at the same rate as consumer electronics π
Uh Tesla’s being EV there are savings to take into account. The Model 3 is like 37k so the TOTAL cost is less than the depreciation on any of these cars.
I had two bmws in my day worst car to own long term
I agree, these are indeed the worst βCAREβ to buy
Came here to say this. π I wonder if it was on purpose
Why did you put a Toyota symbol on the first part? They are very well known for holding their value and used car dealers hate selling them because of the low margin..
Heβs just baiting people to watch the whole thing to see what Honda and other brandsβ car is gonna be in there but thereβs none
To be fair, anyone with half a brain cell would already know this.
To bait you into commenting
thank God no ford’s appeared. I was worried.
You should do this for βregularβ cars. That might be more helpful for the average Joe
You mean the people that buy luxury cars don’t care about depreciation? Wild concept I know
@@Machturtle7491maserati are unpopular
Forgot one ANTHING HYBRID. AVOID LIKE A PLAGUE.
The key is to lease or buy a slightly used car, like a 3 year old BMW 3 series. It already lost a lot and it won’t lose that much value anymore and you still get to enjoy the car you wanted not the car you thought it was smart to buy (like a Toyota for example)
Really?
I heard that Renting these days is much more costly and not efficient,you can’t upgrade the car and have to take on the Entire Responsibility and The Dealership are worse than the Hooker someone hooked up and now demands to do Child support.
Funfact:Here in India,you can actually rent a Car for a Single day,fuel Included surprisingly and it’s cheaper than having an Ola or Uber for an Entire day at that.
This is why you buy a car used. Got my 2019 RS5 for less than half of its cost new just a few years later. Let some other sucker take the depreciation hit and always buy used.
I might buy the Hybrid BMW 5 Series just to save fuel.
Depreciation doesn’t matter if it’s reliable, cheap to maintain and you plan to drive it until it falls apart 10+ years later. Of couese, none of these 5 are either. Just saying the calculation would be different for a Lexus or Acura that you plan to drive for 15 year and 200k+ miles later when it finally dies.
As a car enthusiast I’m gonna be so happy whrn in 5-10 years a lot of these cars will be cheap enough to buy flat out even without too many miles ππ
If you are looking at these cars and thinking about asset depreciation you are not the target audience.
Luxury cars usually have more features and powerful engines, so more points of failure and henceforth require more care and maintenance.
Though some regular folks and high income earners buy them. Mostly it makes sense if you are a business owner or are an executive, where the depreciation can be written off as company expenses.
The moral of the story? If you want a Maserati, wait until it’s 5 years old.
Do I only need these cars? Noooo!!! Toyota Prius for me.
With the exception of Toyota & Honda I donβt know why Americans buy foreign manufactured vehicles. Mind boggling π₯΄
Buy a Toyota and drive it til the wheels fall off
Cars are a commodity, not an asset. All vehicles should be expected to have an end value of $0, so be smart on your starting point.
If You’re buying a Maserati, or a 7 Series, I don’t think your living pay check to paycheck… You’re at a point your comfortable and buy a car you want