50 Cars That are Plummeting in Value

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#49 – Kia K900

Class: Full Size Luxury Car
Production: 2012-Present
Starting Price: $49,900+
Depreciation Rate: 39.9%

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Sitting at the top of the Kia lineup is the Kia K900, a full-size luxury car that first hit the roadways in 2012. Designed as a Korean competitor to the BMW 7-Series and the Mercedes S-Class, the K900 has all the luxury features you can imagine from a powerful engine to a supple leather interior. Because of this, the K900 comes with a jaw-dropping price tag of $49,900 with most models going for around $68,219 depending on upgrades and features.

Like most luxury cars, the Kia K900 has a staggering depreciation rate of 39.9% after the first year, which means that an owner paying an average of $68,219 for a brand new K900 will see the car’s value drop to $40,999 after the first 12 months. While the sticker price is still more affordable than many competitors, the K900 has a true cost to own of $81,837 in the first five years, which takes into account five years of depreciation, financing, fuel, insurance, repairs and maintenance. Case and point, the K900 is still relatively new to the market, which means pre-owned models are still rare for those looking to get a better deal on a luxury sedan.