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Chrysler Pacifica is highest priced & has higher depreciation versus minivan competitors

4076 Views 61 Replies 16 Participants Last post by  jongri
I don't buy a brand new vehicle believing it's a good investment (no one should). They all lose $5-$10,000 in value as soon as you drive off a new car dealers lot. My one gripe with buying a new Chrysler Pacifica is the astronomical depreciation it has versus the competition. Don't get me wrong I love my new 2022 Pacifica & would buy it again. But it really is a wake up call to realize that in only one month after purchase (with only 244 total miles) it's value has dropped $20,000 from its selling price! That's by far the highest depreciation of any new vehicle I've ever purchased in 46 years and a real eye opener for sure. Luckily for me I keep my new vehicles for over 10 years on average but if I had one complaint about the Chrysler Pacifica it has the highest depreciation rate by far of all the minivan competition.
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True. This car market has been insanely inflated over the past year or so. Getting back closer to normal. ... I purchased a brand new 2021 Kia Sorento SX right when they came out for 40k, 2 months ago sold it for 39k. lol . crazy. ... then purchased my used 2020 Pacifica Limited with 60k miles for $23,400. ... I couldn't be happier with how the car and how the deals went down. :)

cheers.
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agreed... the amount of Repos, and flooded auctions are a tale tale sign to where the used car market (and indirectly the new car market) is at and where it's headed...
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