After all the hype, you wouldn't expect to see Chevrolet Malibu listed as having the second-worst depreciation in August by Kelley Blue Book, compared with July. Or in ninth place, the vaunted, ever-so-hip Smart ForTwo.  Yet there they are, victims of falling prices on used smaller cars. Malibu, a midsize, lost 5.5% of its value for the month despite being one of General Motors' most highly touted cars, considered "world class" by its executives. GM spokesman John McDonald says the KBB figures are at odds with GM's internal findings about the car's resale value. The Smart car, at 8 feet, 8 inches, the smallest car on sale in the U.S., lost 3.9%, and sold for top dollar during the price run-up last year. Smart USA's spokesman, Ken Kettenbeil, says just you watch, small cars will soar back in favor again and Smart right along with it.  The news wasn't entirely bad for small cars. KBB, which tracks used car prices and just started a listing service for selling them, says the Porsche 911, Kia Rondo and Hyundai Tiburon were among the biggest gainers in the month for appreciation. The lists of the top depreciating and appreciating cars in August:  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%  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%  Photo of Smart ForTwo lineup by Jack Gruber/USA TODAY; Malibu by GM  To report corrections and clarifications, contact Reader Editor  . For publication consideration in the newspaper, send comments to  . Include name, phone number, city and state for verification. To view our corrections, go to
Chevrolet Malibu, Smart car and other shockers on list of biggest resale value losers in August - Drive On: A conversation about the cars and trucks we drive - USATODAY.com