25 Cars That Lose the Most Value After Purchase -- 11 are SUVs
Every car starts to depreciate the moment it’s driven off the lot, but certain vehicles are known to lose their value faster than others.
According to a study from iSeeCars, 25 models depreciate significantly faster than vehicles known for holding their value. Luxury cars make up most of the list, accounting for 18 of the 25, while EVs and SUVs dominate the top five fastest-depreciating models.
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Proceed with caution — or reconsider the purchase altogether — if you’re thinking about buying one of these vehicles with high depreciation rates.
1. Nissan LEAF
Segment: EV
Average 5-year depreciation: 63.1%
Average $ difference from MSRP: $17,743
2. INFINITI QX80
Segment: SUV
Average 5-year depreciation: 62.8%
Average $ difference from MSRP: $52,631
3. Volkswagen ID.4
Segment: EV
Average 5-year depreciation: 62.1%
Average $ difference from MSRP: $28,010
4. Tesla Model S
Segment: EV
Average 5-year depreciation: 62%
Average $ difference from MSRP: $58,907
5. Land Rover Range Rover
Segment: SUV
Average 5-year depreciation: 61.7%
Average $ difference from MSRP: $69,856
6. BMW 7 Series
Segment: Sedan
Average 5-year depreciation: 61.6%
Average $ difference from MSRP: $61,141
7. Tesla Model X
Segment: EV
Average 5-year depreciation: 61.2%
Average $ difference from MSRP: $61,216
8. Ford Mustang Mach-E
Segment: EV
Average 5-year depreciation: 60.8%
Average $ difference from MSRP: $22,976
9. BMW 5 Series (Hybrid)
Segment: Hybrid
Average 5-year depreciation: 59.5%
Average $ difference from MSRP: $44,921
10. INFINITI QX60
Segment: SUV
Average 5-year depreciation: 58.3%
Average $ difference from MSRP: $30,099
11. Land Rover Range Rover Sport
Segment: SUV
Average 5-year depreciation: 58.3%
Average $ difference from MSRP: $45,272
12. Audi Q5 (Hybrid)
Segment: Hybrid
Average 5-year depreciation: 58.2%
Average $ difference from MSRP: $34,063
13. Land Rover Discovery
Segment: SUV
Average 5-year depreciation: 57.9%
Average $ difference from MSRP: $34,878
14. Tesla Model Y
Segment: EV
Average 5-year depreciation: 57.8%
Average $ difference from MSRP: $26,020
15. Audi A8 L
Segment: Sedan
Average 5-year depreciation: 57.6%
Average $ difference from MSRP: $54,824
16. Kia Niro EV
Segment: EV
Average 5-year depreciation: 57.3%
Average $ difference from MSRP: $22,742
17. Audi Q7
Segment: SUV
Average 5-year depreciation: 57.2%
Average $ difference from MSRP: $35,486
18. BMW X5 (Hybrid)
Segment: Hybrid
Average 5-year depreciation: 57.1%
Average $ difference from MSRP: $43,361
19. Nissan Armada
Segment: SUV
Average 5-year depreciation: 57%
Average $ difference from MSRP: $33,531
20. Cadillac Escalade ESV
Segment: SUV
Average 5-year depreciation: 57%
Average $ difference from MSRP: $53,605
21. Audi A7
Segment: Sedan
Average 5-year depreciation: 56.5%
Average $ difference from MSRP: $40,702
22. Hyundai Kona Electric
Segment: EV
Average 5-year depreciation: 56.5%
Average $ difference from MSRP: $18,581
23. Jaguar F-PACE
Segment: SUV
Average 5-year depreciation: 56.5%
Average $ difference from MSRP: $32,184
24. Ford Expedition MAX
Segment: SUV
Average 5-year depreciation: 56.3%
Average $ difference from MSRP: $34,825
25. Lincoln Navigator/Navigator L
Segment: SUV
Average 5-year depreciation: 56.3%
Average $ difference from MSRP: $41,264
This article was provided by MoneyLion.com for informational purposes only and should not be construed as financial, legal or tax advice.
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