10 Cars With the Worst 5 Year Depreciation
These vehicles may look appealing when new, but their resale values fall faster than almost anything else on the market.
Intro
Depreciation remains one of the most significant ownership costs for new-car buyers. A recent study from iSeeCars examined hundreds of thousands of five-year-old vehicles to determine which models retain value, and which ones lose it the fastest. The results reveal a clear pattern: electric vehicles and high-end luxury models dominate the worst performers, often losing well over half their original value within five years.
Here are 10 of the vehicles with the steepest depreciation rates according to the study.
10. Infiniti QX60: Five-year depreciation: 58.3%, Average value loss: $30,099
The QX60 sits at the edge of the top-10 worst depreciation rankings. As a midsize luxury SUV, it competes in a crowded segment filled with strong alternatives from Acura, Lexus, and German brands. Heavy competition and frequent model updates often push down resale values as newer versions arrive on the market. Amazingly, the QX60 isn't alone in the list from the Nissan family.
9. BMW 5 Series Hybrid: Five-year depreciation: 59.5%, Average value loss: $44,921
Luxury plug-in hybrids often depreciate faster than traditional gasoline models. High initial prices and concerns about long-term battery durability can limit demand in the used market. The 5 Series hybrid combines the two factors that often lead to depreciation: luxury and electrification. Those factors can weigh heavily on resale values.
8. Ford Mustang Mach‑E: Five-year depreciation: 60.8%, Average value loss: $22,976
The Mustang Mach-E arrived as one of the most recognizable electric crossovers in the market. However, as tends to be the case with battery electric vehicles, the resale value doesn't hold up well in comparison to the bloated MSRPs.
7. Tesla Model X: Five-year depreciation: 61.2%, Average value loss: $61,216
With its distinctive falcon-wing doors and strong performance, the Model X remains one of the market's most recognizable vehicles. But being in the higher price range within the Tesla lineup, the used market isn't as kind to the Model X as it is to its more affordable siblings, such as the Model 3.
6. BMW 7 Series: Five-year depreciation: 61.6%, Average value loss: $61,141
No electric vehicle factor here. Large flagship luxury sedans have historically suffered from heavy depreciation. While the 7 Series offers advanced technology and powerful engines when new, high maintenance costs and expensive repairs can heavily discourage used-car buyers.
5. Land Rover Range Rover: Five-year depreciation: 61.7%, Average value loss: $69,856
Having sadly built a reputation of unreliability over the last couple of decades, Land Rovers are frequent sufferers of poor The Range Rover combines luxury and off-road capability, but it also carries one of the highest average price drops on the list. Luxury SUVs with high MSRPs often lose large amounts of value simply because their starting prices are so high.
4. Tesla Model S: Five-year depreciation: 62.0%, Average value loss: $58,907
The Model S helped establish Tesla as a leader in the electric-vehicle market back in 2014. However, more than a decade later, the Tesla sedan has become somewhat stale. And according to the used market's behavior, it's even less desirable as a second-hand vehicle.
3. Volkswagen ID.4: Five-year depreciation: 62.1%, Average value loss: $28,010
The ID.4 continues the recurring theme of EVs on this list. But the fact that it's a relatively lower-priced offering than many others at the bottom of the used resale value totem pole speaks to the fact that it simply hasn't connected with the market in any appreciable way. It is Volkswagen’s global electric crossover, designed to compete in the fast-growing EV segment. As competition increases and new EV models arrive with improved range and charging speeds, resale values for earlier examples can decline quickly.
2. Infiniti QX80: Five-year depreciation: 62.8%, Average value loss: $52,631
While the gargantuan Nissan Armada barely escapes the 'bottom 10' list, its luxury equivalent from sister make Infiniti isn't quite as lucky. Despite lacking any of the pricing inflation that EVs often suffer from, the luxury SUV finds itself in an unenviable position in terms of resale value. And spoiler alert: The QX80 is the final non-EV on this list, which makes it the ICE-powered model with the absolute highest 5-year depreciation on the market.
1. Nissan LEAF: Five-year depreciation: 63.1%, Average value loss: $17,743
And we round off the list with yet another Nissan product. The Nissan LEAF experiences the highest depreciation in the study. The nameplate was a pioneer in the EV realm, although it wasn't quite as successful as many had originally hoped. The newer versions improve upon the formula drastically. But the used market suggests they still largely fail to connect with the American buyer, making it the vehicle with the largest percentage depreciation rate in the market.