igforum.bio / sedans-are-rapidly-depreciating-and-here-s-why-carbuzz - 131571
B
%Begin Sedans Are Rapidly Depreciating  And Here&#39 s Why  CarBuzz News Features New Cars Used Cars Sell My Car Shopping Tools Car Reviews Car Finder Compare Cars Best Cars Car Dealerships Used Car Reviews Car Advice Home News Sedans Are Rapidly Depreciating  And Here&#39 s Why 
 <h1>Sedans Are Rapidly Depreciating  And Here&#39 s Why</h1> Sep. 18, 2018 12:35 PM ET by Jay Traugott / 7 Comments The cause will probably not surprise anyone. It wasn&#39;t so long ago when sedans were among the best-selling auto segments in the US, alongside pickup trucks and traditional SUVs.
%Begin Sedans Are Rapidly Depreciating And Here' s Why CarBuzz News Features New Cars Used Cars Sell My Car Shopping Tools Car Reviews Car Finder Compare Cars Best Cars Car Dealerships Used Car Reviews Car Advice Home News Sedans Are Rapidly Depreciating And Here' s Why

Sedans Are Rapidly Depreciating And Here' s Why

Sep. 18, 2018 12:35 PM ET by Jay Traugott / 7 Comments The cause will probably not surprise anyone. It wasn't so long ago when sedans were among the best-selling auto segments in the US, alongside pickup trucks and traditional SUVs.
thumb_up Like (27)
comment Reply (0)
share Share
visibility 339 views
thumb_up 27 likes
J
And then came the crossover, the sedan-based body style that combines the look of a trendy SUV with car-like fuel economy. It was and remains a winning combination while sales of traditional sedans have declined so much that Ford has made the bold decision to discontinue them entirely in the US. According to AAA&#39;s annual Your Driving Costs study, America&#39;s craving for crossovers is not only confirmed but is also causing sedans to depreciate in value at faster rates.
And then came the crossover, the sedan-based body style that combines the look of a trendy SUV with car-like fuel economy. It was and remains a winning combination while sales of traditional sedans have declined so much that Ford has made the bold decision to discontinue them entirely in the US. According to AAA's annual Your Driving Costs study, America's craving for crossovers is not only confirmed but is also causing sedans to depreciate in value at faster rates.
thumb_up Like (2)
comment Reply (1)
thumb_up 2 likes
comment 1 replies
Z
Zoe Mueller 1 minutes ago
For example, in the past year alone sedan depreciation costs have increased up to 13 percent compare...
H
For example, in the past year alone sedan depreciation costs have increased up to 13 percent compared to last year. There is, however, one type of traditional car body style that&#39;s holding up pretty well, those with hybrid or electric powertrains. These eco-friendly cars, like the Chevrolet Volt, Toyota Prius, and Tesla Model S have experienced decreased depreciation rates.
For example, in the past year alone sedan depreciation costs have increased up to 13 percent compared to last year. There is, however, one type of traditional car body style that's holding up pretty well, those with hybrid or electric powertrains. These eco-friendly cars, like the Chevrolet Volt, Toyota Prius, and Tesla Model S have experienced decreased depreciation rates.
thumb_up Like (14)
comment Reply (0)
thumb_up 14 likes
E
But what many don&#39;t realize, regardless of what type of vehicle you buy, is that depreciation accounts for almost 40 percent of the cost of owning a new vehicle. Buyers need to bear in mind a vehicle&#39;s resale value and not just the purchase price.
But what many don't realize, regardless of what type of vehicle you buy, is that depreciation accounts for almost 40 percent of the cost of owning a new vehicle. Buyers need to bear in mind a vehicle's resale value and not just the purchase price.
thumb_up Like (30)
comment Reply (0)
thumb_up 30 likes
O
In 2018, AAA&#39;s study found that the average cost to own and operate a new vehicle came to $8,849 per year. Factors such as fuel costs, maintenance, repairs, insurance, registration fees, depreciation and loan interest were all taken into account. If you don&#39;t intend to keep the new vehicle for long, it&#39;s best to consider a lease.
In 2018, AAA's study found that the average cost to own and operate a new vehicle came to $8,849 per year. Factors such as fuel costs, maintenance, repairs, insurance, registration fees, depreciation and loan interest were all taken into account. If you don't intend to keep the new vehicle for long, it's best to consider a lease.
thumb_up Like (22)
comment Reply (3)
thumb_up 22 likes
comment 3 replies
W
William Brown 6 minutes ago
But if you do intend to buy, it's best to keep the vehicle for a long time and properly maintain...
N
Noah Davis 6 minutes ago
The numbers can be startling, especially when compared to a new vehicle's price tag. So, which i...
M
But if you do intend to buy, it&#39;s best to keep the vehicle for a long time and properly maintain it or, alternatively, buy a certified pre-owned vehicle and do the same. Remember, a new vehicle typically depreciates more than $3,000 per year.
But if you do intend to buy, it's best to keep the vehicle for a long time and properly maintain it or, alternatively, buy a certified pre-owned vehicle and do the same. Remember, a new vehicle typically depreciates more than $3,000 per year.
thumb_up Like (36)
comment Reply (3)
thumb_up 36 likes
comment 3 replies
J
Jack Thompson 9 minutes ago
The numbers can be startling, especially when compared to a new vehicle's price tag. So, which i...
J
Jack Thompson 5 minutes ago
Small sedans. Yes, really....
A
The numbers can be startling, especially when compared to a new vehicle&#39;s price tag. So, which is the most affordable vehicle segment?
The numbers can be startling, especially when compared to a new vehicle's price tag. So, which is the most affordable vehicle segment?
thumb_up Like (29)
comment Reply (1)
thumb_up 29 likes
comment 1 replies
R
Ryan Garcia 17 minutes ago
Small sedans. Yes, really....
B
Small sedans. Yes, really.
Small sedans. Yes, really.
thumb_up Like (27)
comment Reply (1)
thumb_up 27 likes
comment 1 replies
O
Oliver Taylor 11 minutes ago
The study found the average cost for a small sedan, such as the Hyundai Elantra or Honda Civic, came...
S
The study found the average cost for a small sedan, such as the Hyundai Elantra or Honda Civic, came to $6,777 annually. A hybrid costs an average $7,785, while small SUVs ring up to $7,869. Electric vehicles come next with an average of $8,384.
The study found the average cost for a small sedan, such as the Hyundai Elantra or Honda Civic, came to $6,777 annually. A hybrid costs an average $7,785, while small SUVs ring up to $7,869. Electric vehicles come next with an average of $8,384.
thumb_up Like (26)
comment Reply (1)
thumb_up 26 likes
comment 1 replies
L
Liam Wilson 5 minutes ago
Next, come medium-sized sedans, such as the Honda Accord, at $8,866. At the top of the range comes p...
T
Next, come medium-sized sedans, such as the Honda Accord, at $8,866. At the top of the range comes pickup trucks with an average annual cost of $10,215.
Next, come medium-sized sedans, such as the Honda Accord, at $8,866. At the top of the range comes pickup trucks with an average annual cost of $10,215.
thumb_up Like (25)
comment Reply (0)
thumb_up 25 likes
S
Buy wisely. Honda 
 <h4>Join The Discussion</h4> Show Comments (7) 
 <h4>Gallery</h4> 8 Photos Tags: #Hyundai News #Honda News #Electric Vehicles #Industry News #Pricing #Trucks 
 <h4>Related Cars</h4> Hyundai Elantra Honda Accord Honda Civic Sedan LoginSign Up Home News Features Car Reviews Car Advice 2021 CarBuzz Awards New Cars Used Cars Future Cars Compare Cars Sell My Car Car Dealerships Buy Here Pay Here Used Car Reviews Popular Tags Cars # Video # TOP # Spy Shots # Reveal # Rumor # Auto Show # Supercar # Tuning # Car Culture # Industry News # Motorsport Acura Alfa Romeo Aston Martin Audi Bentley BMW Bollinger Bugatti Buick Cadillac Caterham Chevrolet Chrysler Dodge Ferrari Fiat Fisker Ford Genesis GMC Hennessey Honda Hyundai Infiniti Jaguar Jeep Karma Kia Koenigsegg Lamborghini Land Rover Lexus Lincoln Lordstown Lotus Lucid Motors Maserati Mazda McLaren Mercedes-Benz Mini Mitsubishi Nissan Pagani Polestar Porsche Ram Rimac Rivian Rolls-Royce Spyker Subaru Tesla Toyota Volkswagen Volvo By Make Acura Alfa Romeo Aston Martin Audi Bentley BMW Bollinger Bugatti Buick Cadillac Caterham Chevrolet Chrysler Dodge Ferrari Fiat Fisker Ford Genesis GMC Hennessey Honda Hyundai Infiniti Jaguar Jeep Karma Kia Koenigsegg Lamborghini Land Rover Lexus Lincoln Lordstown Lotus Lucid Motors Maserati Mazda McLaren Mercedes-Benz Mini Mitsubishi Nissan Pagani Polestar Porsche Ram Rimac Rivian Rolls-Royce Spyker Subaru Tesla Toyota Volkswagen Volvo By Car Type SUVs Crossovers Sedans Coupes Trucks Sports Cars Wagons Vans Hatchbacks Convertibles Small Cars Luxury Cars Electric Cars Hybrid Cars Future Cars By Price Up to $15K $15K - $25K $25K - $35K $35K - $45K $45K - $55K $55K - $75K $75K - $100K $100K - $200K $200K - $300K Above $300K Back To Top
Buy wisely. Honda

Join The Discussion

Show Comments (7)

Gallery

8 Photos Tags: #Hyundai News #Honda News #Electric Vehicles #Industry News #Pricing #Trucks

Related Cars

Hyundai Elantra Honda Accord Honda Civic Sedan LoginSign Up Home News Features Car Reviews Car Advice 2021 CarBuzz Awards New Cars Used Cars Future Cars Compare Cars Sell My Car Car Dealerships Buy Here Pay Here Used Car Reviews Popular Tags Cars # Video # TOP # Spy Shots # Reveal # Rumor # Auto Show # Supercar # Tuning # Car Culture # Industry News # Motorsport Acura Alfa Romeo Aston Martin Audi Bentley BMW Bollinger Bugatti Buick Cadillac Caterham Chevrolet Chrysler Dodge Ferrari Fiat Fisker Ford Genesis GMC Hennessey Honda Hyundai Infiniti Jaguar Jeep Karma Kia Koenigsegg Lamborghini Land Rover Lexus Lincoln Lordstown Lotus Lucid Motors Maserati Mazda McLaren Mercedes-Benz Mini Mitsubishi Nissan Pagani Polestar Porsche Ram Rimac Rivian Rolls-Royce Spyker Subaru Tesla Toyota Volkswagen Volvo By Make Acura Alfa Romeo Aston Martin Audi Bentley BMW Bollinger Bugatti Buick Cadillac Caterham Chevrolet Chrysler Dodge Ferrari Fiat Fisker Ford Genesis GMC Hennessey Honda Hyundai Infiniti Jaguar Jeep Karma Kia Koenigsegg Lamborghini Land Rover Lexus Lincoln Lordstown Lotus Lucid Motors Maserati Mazda McLaren Mercedes-Benz Mini Mitsubishi Nissan Pagani Polestar Porsche Ram Rimac Rivian Rolls-Royce Spyker Subaru Tesla Toyota Volkswagen Volvo By Car Type SUVs Crossovers Sedans Coupes Trucks Sports Cars Wagons Vans Hatchbacks Convertibles Small Cars Luxury Cars Electric Cars Hybrid Cars Future Cars By Price Up to $15K $15K - $25K $25K - $35K $35K - $45K $45K - $55K $55K - $75K $75K - $100K $100K - $200K $200K - $300K Above $300K Back To Top
thumb_up Like (8)
comment Reply (2)
thumb_up 8 likes
comment 2 replies
E
Ethan Thomas 8 minutes ago
Sedans Are Rapidly Depreciating And Here' s Why CarBuzz News Features New Cars Used Cars Sell M...
S
Sofia Garcia 26 minutes ago
And then came the crossover, the sedan-based body style that combines the look of a trendy SUV with ...

Write a Reply