50 Cars That are Plummeting in Value

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#1 – Lexus GS

Class: Midsize Luxury Car, Executive Car
Production: 1991-Present
Starting Price: $46,310+
Depreciation Rate: 11.7%

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As the luxury division of Toyota, Lexus is known for its high-end models like the Lexus GS, which was launched in 1991 as the Toyota Aristo in Japan. Not appearing as the Lexus GS until 1993, the GS is currently in its fourth generation and is marketed as a performance midsize luxury sedan that offers a six-cylinder engine, rear and all-wheel drive, and a luxurious interior that have made it a favorite in the American market where the newest models include a turbocharged engine with new exterior elements like lighting and trim as well as new safety features and a modern infotainment system.

Current models are priced at $46,310 with the average Lexus GS with a 6L V8 8-speed automatic going for around $76,358. Because of the Lexus reputation and the GS’s reliability, the car has an extremely low depreciation value of 11.7% with 12-month old models valued between $40,100 and $67,424 depending on original price. Over five years, Lexus GS owners who paid an upwards of $67,000 for a new model spend an average of $85,427 on fuel, financing, maintenance and repairs. Overall, the Lexus GS offers a fairly decent value in the pre-owned market with low-mileage models going for anywhere between $15,000 and $22,000.