5 Popular Cars That Lose the Most Value After Just 5 Years -- Up to $30K Gone
Sure, you know that new car will lose thousands in value the instant you drive it off the lot. But how about five years later?
Depreciation is one of the biggest and most overlooked costs of car ownership. While all vehicles lose value over time, some models depreciate far faster than others, costing owners tens of thousands of dollars in just a few years. Knowing which vehicles depreciate fastest can help buyers make smarter decisions — especially if resale value matters to you.
Using vehicle history data, Bumper analyzed which cars depreciated the most over five years. These five vehicles saw the steepest value losses.
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1. Lexus GX
MSRP: $58,875
Value at year 5: $27,141
Total 5-year depreciation: $31,734
2. Lexus RX
MSRP: $47,400
Value at year 5: $21,875
Total 5-year depreciation: $25,525
3. Ford F-150
MSRP: $41,530
Value at year 5: $16,202
Total 5-year depreciation: $25,328
4. Lexus IS
MSRP: $40,085
Value at year 5: $16,883
Total 5-year depreciation: $23,202
5. Toyota Tundra
MSRP: $49,520
Value at year 5: $27,577
Total 5-year depreciation: $21,943
If you plan to sell or trade in your vehicle within a few years, depreciation should factor into your decision just as much as sticker price or monthly payments.
Editor’s note: Photos are for representational purposes only and might not reflect the exact year, make or model of the vehicle(s) listed in this article.
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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