The Value Of These Cars Is Falling Faster Than Snow In Winter

The Hyundai Genesis Is Not The Future

hyundai genesis loses value after one year
Chung Sung-Jun/Getty Images
Chung Sung-Jun/Getty Images

The Genesis is Hyundai’s entry into the luxury car game. On the surface, it’s a slick and exciting vehicle. It might not have the name power of Mercedes Benz or BMW, but it can definitely compete with them quarter mile for quarter mile.

Unfortunately, Genesis owners usually see a depreciation of 38 percent after one year. With a price tag of $52,000, that equals a $16,000 loss on investment. You might be better off buying one of these second hand if you’re truly looking for the best value.