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35+ Cars That Are Plummeting In Value – Is Your Car On This List?

Chevrolet Camaro

While the Chevy Camaro is a sharp and sporty car, its value gets reduced by 39% throughout the first 12 months of ownership. It has one of the highest depreciation rates on our list. On average, the cost to own a 2015 Camaro would cost about $40k for five years. After being driven off the dealership lot, this car would cost $23.7k, and after 12 months, the price will drop by $8k. Like the Corvette or the Mustang, the Camaro is an American-made sports car with a fanbase as large as luxury car brands. This might be the reason that the Camaro has a similar price drop as some luxury cars.

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