50 Cars That are Plummeting in Value

Advertisements:
Advertisements:

#41 – Chevrolet Impala

Class: Full Size Car
Production: 1957-1985, 1994-1996, 1999-Present
Starting Price: $27,895+
Depreciation Rate: 33.5%

[widget id=”td_block_ad_box_widget-2″]
“When your commute becomes a perk.” Now marketed to commuters looking for a sophisticated full-size car, the Impala was Chevrolet’s most expensive passenger model and the best-selling car in the United States from 1957 to 1965. Holding the title as Chevrolet’s most popular full-size model throughout the 1980s, Impala production stopped in 1985 and resumed nearly a decade later from 1994 to 1996. The car was once again reintroduced in the new millennium and, over the last 18 years, has seen numerous upgrades including front-wheel drive and a transverse front engine.

2018 Chevrolet Impalas have a starting price of $27,895 but the car itself is one of the fastest to depreciate because of its popularity on Chevrolet’s lineup of fleet sales, which puts the Impala as one of the most popular company and rental cars in the country. As a result, Impalas are a “dime a dozen” and the market oversaturation hasn’t helped the Impala hold its value as the demand for midsize cars continues to shrink. Depreciating at 33.5% per year, a 12-month old pre-owned Impala typically sells at $18,500.