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Cars with the worst resale value in 2022

Car values are all over the map right now. Used vehicles that were worth a small fortune earlier this year are now coming back to Earth, but the new vehicle supply remains tight. Prices are still elevated overall, but some models have seen more severe price drops. Depreciation strikes almost every model, supply constraint or not, though a few vehicles are leading the way. New research from analytics iSeeCars found that a handful of cars depreciated more than 50 percent over five years, with the BMW 7 Series dropping 56.9 percent and an average price cut of $61,923 over that time. The vehicles with the highest depreciation — or worst resale value — over five years: BMW 7 Series: -56.9% Maserati Ghibli: -56.3% Jaguar XF: -54% Infiniti QX80: -52.6% Cadillac Escalade ESV: 52.3% Mercedes-Benz S-Class: 51.9% Lincoln Navigator: -51.9% Audi A6: -51.5% Volvo S90: -51.4% Ford Expedition: -50.7% iSeeCarsÂ’ research showed that midsize trucks, sports cars, and fuel-efficient vehicles were slowest to depreciate over five years, while itÂ’s clear that luxury brands tend to lose value much faster. As iSeeCarsÂ’ Executive Analyst Karl Brauer explained, used buyers donÂ’t value high-end vehiclesÂ’ features as much as the first owners, so resale values tend to be softer. The tech and options that made the cars so expensive and appealing new donÂ’t add the same value on the used market. Read more: Cars with the best resale value Interestingly, electric vehicles also depreciated quite heavily, though they were just short of the abysmal numbers in luxury segments. The Nissan Leaf depreciated most among EVs, dropping by 49.1 percent. The average EV depreciation is 44.2 percent, with the Tesla Model S and Model X sliding in right under the bar at 43.7 and 38.8 percent, respectively. As iSeeCars notes, itÂ’s important to be vigilant when car shopping and not let your emotions win over reason. Shiny new luxury cars look great in the showroom, but you could end up taking a bath when you try selling them a few years later on. Related video: Audi BMW Cadillac Ford Infiniti Jaguar Lincoln Maserati Mercedes-Benz Volvo Car Buying Used Car Buying Ownership Resale Value depreciation

2022 Infiniti QX50 starts at $40,025

Infiniti upped prices on the 2022 QX50, but at least some of the MSRP increase goes toward new features. Nissan's luxury arm made ProPilot Assist standard for all five trims, the driver assistance suite includes tech like steering assist, intelligent cruise control, speed limit assist, and distance control assist. Apple CarPlay is another included item for next year's model, as well as an auto-dimming rearview mirror, and more soft-touch luxuries for the rear quarters with keyless entry able to be activated by the rear doors now, LED welcome lights in the rear door handles, and a USB-C port for the aft chairs. The first four grades are front-drivers; adding all-wheel drive adds $2,000 to the tab. For 2022, top front-wheel drive Autograph bows out, making AWD the de facto standard. The trims and their pricing after the $1,025 destination fee, plus their differences from the 2021 model, are: Pure: $40,025 ($950) Luxe: $43,375 ($750) Essential: $47,825 ($2,000) Sensory: $52,525 ($1,400) Autograph AWD $57,975 (no change) On top of the other newly standard equipment, the Essential trim picks up a heated steering wheel, 16-speaker Bose Performance Series audio, climate-controlled front seats,  Luxe fits "leather-appointed seats," and offers an updated Appearance Package for $1,200. The bundle is composed of black mirror caps, body color rear diffuser, black mesh grille, black fender accents, a black liftgate finisher, and 20-inch black-painted, machine-finished wheels. A graphite headliner finishes the package inside.   Sensory snares some features formerly reserved for the Autobiography, like "leather-appointed" perforated seats, four-way passenger power-seat lumbar adjustment, heated outboard seats in the second row, ultrasuede interior trim, and a motion-activated liftgate.  The eight-strong color palette welcomes a new Slate Gray hue. Mechanicals don't change, every model powered by a 2.0-liter inline-four cylinder with 268 horsepower and 280 pound-feet of torque, routing its output through a continuously-variable transmission. The 2022 Infiniti QX50 should reach dealers later this month.

Nissan could report first quarterly loss since March 2009

TOKYO — Nissan may report its first quarterly loss in more than a decade on Thursday because of slumping sales, sources familiar with the company said, adding more pressure on efforts to rebuild the company after Carlos Ghosn's ouster. Deteriorating profits underscore the challenges facing Nissan, which is unwinding many of the expansionist strategies championed by ex-Chief Executive Officer and Chairman Ghosn by slashing jobs, production sites and product offerings to save cash and ensure its survival. In addition to slumping sales, production disruptions caused by China's coronavirus outbreak could also drag profits lower. Three senior officials at Japan's No. 2 automaker told Reuters that they anticipate a poor results announcement on Thursday, with one of them calling the figures "dismal". Two of the officials cautioned that there is the possibility of an operating loss, which would be the first quarterly loss since the period ending in March 2009. Nissan said it could not comment on its financial results ahead of its official announcement. The company is likely to report operating profit of 48.6 billion yen ($442.5 million) for the quarter ending in December, less than half the 103 billion yen profit a year ago, according to SmartEstimate's survey of three analysts, who revised their forecasts in January. However, those forecasts were issued before the release of the December vehicle sales figures on Jan. 30, which show third-quarter sales dropped by 11% from the year earlier period, according to Reuters calculations. That is the biggest quarterly slump of its current sales downturn that began two years ago. That sales decline led one auto equities analyst based in Japan to scrap his forecast and also warn that Nissan could post a loss. "It will be a question of whether there will be a profit or a loss. For the quarter, a loss is a possibility," he said, declining to be named as his forecast had not been updated to reflect his latest view. One of the three Nissan officials said there is a risk the automaker may cut its full-year profit forecast of 150 billion yen, which would be an 11-year low. The company announced that forecast in November after an initial 230 billion yen outlook.