Vehicles That Lose the Most Value
While many car shoppers focus on finding vehicles that hold their value, a recent study by iSeeCars.com sheds light on the opposite end of the spectrum: cars that depreciate the most. The study analyzed the transaction prices of 800,000 five-year-old used cars sold between March 2024 and February 2025 to determine which models lost the greatest percentage of their original value. The results reveal a clear pattern, with electric vehicles (EVs) and luxury cars leading the pack.
According to the iSeeCars’ data, the five-year-old Jaguar i-Pace EV tops the list, losing a staggering 72.2% of its initial MSRP. This translates to an average loss of $51,953.
“While a premium badge and the increased performance or luxury features that come with it are often sought out by new car buyers, the used car market doesn’t prioritize those traits to the same degree, thus the consistently higher depreciation for luxury models,” explains iSeeCars Executive Analyst Karl Brauer.
The study also highlights the challenges faced by EVs in the used car market. The overall depreciation rate among five-year-old electric cars is a substantial 58.8%, significantly higher than the industry average of 45.6% across all vehicle segments.
Not surprisingly, the study also reveals significant depreciation for several Tesla models:
- Tesla Model S: 65.2% depreciation
- Tesla Model X: 63.4% depreciation
- Tesla Model Y: 60.4% depreciation
Brauer notes that even the Tesla Model 3, which has the lowest depreciation rate among the company’s vehicles, still depreciates over 10% more than the industry average.
The 25 Vehicles with the Worst Five-Year Resale Values
The iSeeCars.com study offers a comprehensive look at the vehicles that depreciate the most. Here’s a list of the top 25 models with the worst five-year resale values:
- Jaguar i-Pace EV: 72% ($51,953) of MSRP lost
- BMW 7 Series sedan: 67.1% ($65,249) of MSRP lost
- Tesla Model S EV: 65.2% ($52,165) of MSRP lost
- Infiniti QX80 SUV: 65.0% ($53,571) of MSRP lost
- Maserati Ghibli sedan: 64.7% ($70,874) of MSRP lost
- BMW 5 Series hybrid: 64.7% ($47,457) of MSRP lost
- Nissan Leaf EV: 64.1% ($18,043) of MSRP lost
- Maserati Levante SUV: 63.7% ($64,991) of MSRP lost
- Tesla Model X EV: 63.4% ($53,846) of MSRP lost
- Cadillac Escalade ESV SUV: 62.9% ($56,996) of MSRP lost
- Land Rover Range Rover SUV: 62.9% ($67,858) of MSRP lost
- Audi A8L sedan: 62.7% ($57,724) of MSRP lost
- BMW 5 Series sedan: 61.7% ($36,208) of MSRP lost
- Audi Q7 SUV: 61.6% ($37,256) of MSRP lost
- Infiniti QX60 SUV: 61.5% ($30,888) of MSRP lost
- Cadillac Escalade SUV: 61.0% ($53,548) of MSRP lost
- Audi A6 sedan: 60.9% ($35,401) of MSRP lost
- Land Rover Discovery SUV: 60.9% ($36,635) of MSRP lost
- Mercedes-Benz S-Class sedan: 60.7% ($71,460) of MSRP lost
- Audi A7 sedan: 60.5% ($43,435) of MSRP lost
- Tesla Model Y EV: 60.4% (-$36,225 of MSRP) lost
- Lincoln Navigator L SUV: 60.3% ($62,069 of MSRP) lost
- Porsche Taycan EV: 60.1% ($59,691 of MSRP) lost
- Nissan Armada SUV: 60.0% ($33,914 of MSRP) lost
- Ford Expedition MAX: 60.0% ($36,692 of MSRP) lost
Source: iSeeCars.com
This study provides valuable insights for both consumers and the automotive industry, highlighting the importance of considering depreciation when purchasing a vehicle. It also underscores the evolving landscape of the used car market, particularly concerning electric vehicles and luxury brands.
