20 Used Cars That Have Dropped the Most in Value Over the Past Year

Used Car Prices: The Biggest Losers

A recent study by iSeeCars has shed light on the used car market, revealing that while overall prices have risen 2% from May 2024 to May 2025, certain models have seen significant drops in value. The study analyzed 2.4 million vehicle sales during this period, providing valuable insights into current market trends.

Electric vehicles (EVs) were among the biggest losers, with prices dropping 8.8% overall. Tesla, in particular, saw an average price decline of 8.4% across its models. The brand dominated the list of vehicles with the largest year-over-year price drops.

Top 20 Used Cars with the Largest Price Drops

1. Tesla Model S: Average price dropped by $46,503 (down $8,837 or 16.0% from May 2024)
2. Tesla Model Y: $29,789 (down $4,945 or 14.2%)
3. Porsche Taycan: $75,644 (down $10,998 or 12.7%)
4. Ford Explorer Hybrid: $31,811 (down $4,044 or 11.3%)
5. Tesla Model 3: $25,361 (down $3,078 or 10.8%)
6. Jeep Gladiator: $34,253 (down $4,112 or 10.7%)
7. Ford Escape PHEV: $26,201 (down $3,139 or 10.7%)
8. Mercedes-Benz GLB: $32,403 (down $3,566 or 9.9%)
9. Maserati Levante: $44,433 (down $4,663 or 9.5%)
10. Tesla Model X: $54,004 (down $5,292 or 8.9%)
11. Tesla Model Y: $29,0.950xw:0.948xh;0.0225xw ‘Tesla Model Y’)
12. Porsche Taycan: $75,644 (down $10,998 or 12.7%)
13. Ford Explorer Hybrid: $31,811 (down $4,044 or 11.3%)
14. Tesla Model 3: $25,361 (down $3,078 or 10.8%)
15. Jeep Gladiator: $34,253 (down $4,112 or 10.7%)
16. Ford Escape PHEV: $26,201 (down $3,139 or 10.7%)
17. Mercedes-Benz GLB: $32,403 (down $3,566 or 9.9%)
18. Maserati Levante: $44,433 (down $4,663 or 9.5%)
19. Tesla Model X: $54,004 (down $5,292 or 8.9%)
20. BMW 530e (PHEV): $34,048 (down $3,168 or 8.5%)
21. Lincoln Aviator: $42,495 (down $3,949 or 8.5%)
22. Chevrolet Corvette Convertible: $84,609 (down $7,315 or 8.0%)
23. Land Rover Range Rover Velar: $38,940 (down $3,095 or 7.4%)
24. Genesis G70: $30,660 (down $2,403 or 7.3%)
25. Audi RS Q8: $94,292 (down $7,176 or 7.1%)
26. Land Rover Defender: $62,621 (down $4,708 or 7.0%)
27. Kia Niro EV: $21,316 (down $1,577 or 6.9%)
28. Audi SQ7: $59,118 (down $3,960 or 6.3%)
29. Mercedes-AMG GT: $80,720 (down $5,080 or 5.9%)

The Stellantis brand struggled the most, with Chrysler, Dodge, and Maserati all featuring in the bottom 10 for worst average price drops. Tesla, on the other hand, led the list with the biggest price deficit year-over-year.

This data provides valuable insights for both buyers and sellers in the used car market, highlighting which models have seen the most significant changes in value over the past year.