50 Cars That are Plummeting in Value

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#3 – Chrysler Aspen

Class: Luxury SUV
Production: 2007-2009
Starting Price: $38,000+
Depreciation Rate: 14.1%

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Inspired by the Dodge Durango SUV, Chrysler released their own version known as the Aspen in 2007. Packed with features and seating for up to eight, the Aspen was marketed as an affordable SUV for those with a limited budget. However, the Chrysler came up short in the market with a low fuel economy and limited upgrade options that led Chrysler to pull the line from production after only two years in 2009.

Originally priced around $38,000, the Aspen’s first-year depreciation rate was at 14.1% with 2007 models valued at $32,600 after 12 months. Today, there are a number of pre-owned Aspens on the market with 2009 models priced between $15,000 and $17,000 depending on mileage and condition. Older models tend to go for around $12,000 to $13,000 making the Aspen a more affordable SUV for those looking for something roomier with all-wheel drive.