Question

1. which of these car models would likely depreciate the least over a three - year period?

a) a popular, high - demand suv
b) a luxury sedan
c) a sports car with limited appeal
d) an electric vehicle (ev) with rapidly evolving technology
a
c
b
d
clear my selection

Explanation:

• A popular, high - demand SUV is likely to hold its value better. High demand means there is a larger pool of potential buyers. Even after three years, if the SUV model is still in vogue and has a good reputation for reliability and features, it will depreciate less.
• A luxury sedan: Luxury cars often have higher initial depreciation. They may have high - end features that can become less exclusive over time, and the market for used luxury sedans (compared to a popular SUV) might be more limited in some cases.
• A sports car with limited appeal: Limited appeal means a smaller market. Fewer people want to buy it, so when it comes time to sell after three years, the seller may have to accept a lower price (higher depreciation) to find a buyer.
• An electric vehicle (EV) with rapidly evolving technology: Technology - driven depreciation. Newer EVs with better range, faster charging, etc., will make the three - year - old EV less desirable. So, it will depreciate more.

Answer:

A. A popular, high - demand SUV