50 Cars That are Plummeting in Value

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#10 – VW Passat

Class: Midsize Car, Large Family Car
Production: 1972-Present
Starting Price: $22,995+
Depreciation Rate: 19.2%

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Although it might not be a luxury car, the Volkswagen Passat has plenty to offer as a midsize sedan and family car. In production since 1972 and revamped in North America as the New Midsize Sedan (NMS) in 2011, the Passat is one of the most popular family cars on the market today thanks to its recent facelift and technology updates that include updated dashboard features and touch screens, automatic post-collision breaking, a blind-spot monitor with rear traffic alert, and more!

The newest Passat models start at $22,995 and hold their value fairly well with a depreciation rate of 19.2%, which puts the Passat’s value at $18,579 after 12 months. However, Volkswagen’s recent emission cheating scandal has led to widespread controversy and resulted in ongoing recalls of the diesel-powered Passat models. As a result, prices plummeted and led many to question the Volkswagen brand. Fortunately, things are improving for the German manufacturer with an increase in sales as Volkswagen rebuilds their reputation and regains the trust of their customers.