6 foreign cars that lose value immediately after purchase

One of the strangest things about buying a new car is how quickly it loses a lot of its value. According to CNBC, a car loses about 10% of its value as soon as you drive it off the lot. After three years, that value rises to 50%.

If you’re looking for a good foreign car that will hold its value for a long time, you might want to avoid the following six cars.

1. Mercedes-Benz GLA-Class

Mercedes is known for its great vehicles – but this one might not be so much the case. According to MSN, the Mercedes GLA is one of those foreign cars that are pretty much worthless as soon as they leave the factory.

So what’s so bad about this model? Not only is it cramped, but it also offers a stiff ride and a noisy interior. On top of that, it received low owner satisfaction ratings in Consumer Reports surveys.

2. Mini Cooper Clubman

If you’re a fan of the Mini Cooper, you might want to avoid the Clubman. It’s marketed as a small station wagon with plenty of customization options.

Despite all this, this vehicle immediately loses a lot of value due to several problems that make resale difficult. These problems include, for example, the relatively high price and high fuel consumption.

3. Kia Sportage

It can be difficult to maintain the value of a Kia Sportage beyond the sale, especially given some of Consumer Reports’ poor customer satisfaction ratings.

In addition, there were complaints about the underpowered engine, the overall poor performance, the small space requirement and the low fuel consumption.

4. Land Rover Discovery Sport

Here’s a Land Rover you might want to avoid — especially if you want a car that won’t depreciate immediately. According to Consumer Reports, “Land Rover is usually a brand known for making high-quality SUVs, but this one completely failed.”

From its temperamental engine to its boring interior, drivers have reported below-average satisfaction with this model.

5. Mitsubishi Mirage

With the Mitsubishi Mirage, you may have to overlook the low price and good fuel economy. This is a foreign car that will almost certainly depreciate when you buy it. In fact, according to Consumer Reports, there is no compelling reason to buy this car.

Since its launch, minor improvements have been made to power and braking. “But these improvements can’t disguise the weak, vibrating three-cylinder engine, which delivers sluggish acceleration, or the car’s sluggish ride,” says Consumer Reports.

6. Nissan Armada

The cheaper version of the Infiniti QX80 is another foreign car that loses its value almost immediately. One of the biggest complaints you might hear is the high fuel economy – we’re talking only about 14 miles per gallon combined.

Not only will you expect high fuel economy with the Armada, but you’ll also want better handling. According to Consumer Reports, “handling is clumsy, with slow steering and pronounced body lean, but ultimately the car is safe.”

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