Chevrolet Malibu, Volvo S60 get largest depreciation, appreciation honors

But the Malibu still can’t find its true identity. It’s been selected as among the country’s most improved vehicles. But it’s also now near the top the list for largest depreciation value.

In the most recent statistics released in August by Kelley Blue Book, the Chevrolet Malibu has the second-worst depreciation

The Malibu, a midsize, lost 5.5 percent of its value for the month despite being one of General Motors’ most highly touted cars.

On the contrary, Volvo (two models), Porsche and Kia were the vehicles with best appreciation.

Here are the Kelley Blue Book statistics:

Top 10 Depreciating Cars

1. Chevrolet Classic -8.2% 2. Chevrolet Malibu -5.5% 3. Chevrolet Malibu Classic -5.5% 4. Nissan 350Z -4.9% 5. Buick Century -4.7% 6. Jaguar XJ -4.7% 7. Jaguar XJ8 -4.2% 8. Kia XG350 -4.1% 9. Smart ForTwo -3.9% 10. Suzuki Verona -3.8%

Top 10 Appreciating Cars

1. Volvo S60 5.6% 2. Porsche 911 4.1% 3. Kia Rondo 3.8% 4. Volvo XC70 3.5% 5. Lexus LS 3.2% 6. Hyundai Tiburon 2.7% 7. Lincoln MKZ 2.7% 8. Mazda RX-8 2.7% 9. Cadillac XLR 2.5% 10. Scion tC 2.4%