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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

Junkyard Gem: 2002 Jaguar XJR

One thing that's a constant in the big self-service car graveyards is the presence of massively depreciated European luxury sedans. These cars come from the factory stuffed full of complex leading-edge technology, and they require the owner to check every box on the maintenance schedule, year after year. Once that 10-year-old A8 or S-Class reaches its fourth owner, broken stuff often goes unrepaired, convenience-store generic oil goes in the engine (that is, if the engine even gets any new oil), and the European Luxury Sedan Doomsday Clock starts ticking. Here's a factory-hot-rod Jag that sold new for quite a bit more than a BMW 745i and just 20 bucks less than a Mercedes-Benz S430, back when Enron's machinations were in the news and a lot of energy-industry execs were about to get their luxury sedans repossessed, now in a Colorado self-serve yard. We live in a golden age of forced-induction engines in U-Wrench junkyards, with all sorts of turbocharged and supercharged machinery just waiting to provide the raw materials for a really stupid engine swap. The 4.0-liter, 370-horsepower V8 in the 2002 XJR would be just about perfect for installation into, say, a Datsun Maxima. This yard charges just $44.99 plus $10.60 in core charges and environmental fees for any supercharger, be it the dime-a-dozen Eaton M62 found on GM 3800s or the mighty M112 that was once buried between the heads on this engine. Thing is, you need to get to a car like this immediately after it hits the yard, because the first junkyard shopper with sufficient tools is going to grab that ultra-cool blower right away. The price tag for this car started at $71,830, which comes to about $105,550 in 2020 dollars. We can assume that some four-figure repair became necessary, and that this car's final owner had to let it go to the highest bidder with cash on hand… which turned out to be U-Pull-&-Pay. Look, you could still get a cassette player in a high-end luxury car in 2002! When do you suppose CD players will finally disappear from new cars? Here in the junkyard, the lowly Kia becomes equal to the majestic Jaguar. Perhaps their metals will be reused in a Geely next year. This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings. The security of knowing you'll never, ever lose it in the parking lot. Featured Gallery Junked 2002 Jaguar XJR View 20 Photos Auto News Jaguar Automotive History Sedan jaguar xjr Junkyard Gems

UK electric motor maker YASA expands production 50-fold for EVs

LONDON — British electric motor manufacturer YASA said on Thursday it was increasing its production capacity from 2,000 to 100,000 units with a new factory to tap into growing demand from carmakers for greener technologies. Automakers are racing to build greener vehicles and improve charge times in a bid to meet rising customer demand and air quality targets but Britain lacks sufficient manufacturing capacity, an area the government is building up. Last year, the government picked a site in central England to house a new automotive battery development facility, which will develop the processes required to manufacture the latest battery advancements. On Thursday, YASA, based near the English city of Oxford, said it had raised another 15 million pounds ($21 million) as part of its expansion. "Our customers are looking to adopt innovative new technologies such as YASA's axial-flux electric motors and controllers in order to meet the needs of the rapidly expanding hybrid and pure electric automotive market," said Chief Executive Chris Harris. The firm exports 80 percent of production and has worked with companies including Britain's two biggest carmakers Jaguar Land Rover and Nissan as well as Aston Martin. JLR will decide this year whether to build electric cars in its home market, previously citing factors such as pilot testing and support from science and government as pre-requisites. Reporting by Costas PitasRelated Video: