auto

Car depreciation: 5 models that lose value

2012 Jeep Liberty Limited Sport 2WD
2012 Jeep Liberty Limited Sport 2WD
  • MSRP: $23,395
  • Depreciation over five years: $15,239
  • Gas mileage:
    • City - 16 mpg
    • Highway - 22 mpg

The Jeep Liberty is no off-road lightweight, but car reviewers question its handling and performance on the pavement, which could be a contributing factor to its poor resale value. According to IntelliChoice, the Liberty depreciates by $15,239 over five years and has a complete cost of ownership of $41,859.

"In its current form, the Liberty represents a more boxy and utilitarian design," says Lyman. Consumers want SUVs that have more car-like features, he says.

Still, it's not all bad news for Jeep Liberty fans. The Liberty will relaunch for the 2014 model year with "some great new features brought in by the new Fiat partnership," Lyman says.

Can't wait for the new Liberty? An alternative that retains a lot more of its value is the Toyota FJ Cruiser 4X2 AT, with an MSRP of $26,115. According to IntelliChoice, its car depreciation is $8,113 and its complete cost of ownership is $35,641 over five years.

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