SHOCKING: I m a car expert 5 suvs that will plummet in value in year 2 - You Need To See This

Luxury and large SUVs often lose value fast in their second year, catching many buyers off guard and shrinking their resale options.

According to Lauren Fix of Car Coach Reports, new cars typically lose up to 30% of their value in their second year, which is around 16% in year one and 12% in year two. In contrast, luxury SUVs can lose 20% to 25% in the first year and 15% to 20% in the second, totaling 35% to 45% by year two.