50 Cars That are Plummeting in Value

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#45 – Nissan Leaf

Class: Compact Car, Small Family Car
Production: 2010-Present
Starting Price: $29,990+
Depreciation Rate: 36.9%

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With more and more drivers looking for eco-friendly or “green” alternatives, Nissan answered the call in 2010 with the release of their compact, five-door hatchback electric car known as the Leaf. Over the last eight years, over 300,000 Leafs have been sold worldwide, making it the world’s best-selling highway-capable electric car in history as well as the best-selling plugin electric car in 2013 and 2014. On top of that, the United States holds the largest market of Leaf owners with over 114,000 models on the road.

The award-winning all-electric car boasts a starting price of $29,990, which is dramatically reduced when new owners consider the $7,500+ tax break they receive when buying an electric car! However, the Leaf is still very much a niche market and, because of its all-electric components, it faces a high depreciation rate of 36.9%, which brings its new car value down to $18,923 after the first year. After five years, the total cost to own is only $32,162 but the pre-owned market isn’t widely popular since the tax incentives and dealer discounts are few and far between!