This Car Loses 73% Of Its Value After Just Five Years

EVs drop like rocks while sports cars and pickups buck the trend in this study that reveals the depreciation rates across various vehicle categories

• A new study has found two Porsche sports cars have the lowest depreciation after five years.
• EVs have the highest depreciation with the Jaguar I-Pace losing 72.2% of its value.
• The Toyota Tacoma was the best pickup for depreciation, while the Honda Civic was the best sedan.

Depreciation is a fact of life, but what you buy makes a big difference. In fact, a recent study found that cars can lose between 19.5% and 72.2% of their value after five years.

It’s no secret that EVs have been losing their value and that’s reflected in iSeeCars latest study. Electric vehicles lost 58.8% of their value at the five year mark, which was significantly higher than the average of 45.6%. On a segment basis, trucks and hybrids fared best as they only lost 40.4% and 40.7% of their value, respectively.

More: Used Car Prices Are Falling And Tesla Is Leading The Way

Given that EV values drop like a rock, it’s not surprising to find a number of them on the list of vehicles with the highest depreciation. The Jaguar I-Pace leads the way as the electric crossover loses a staggering 72.2% of its value after five years. That amounts to roughly $51,953.

The second place finisher is a bit of a surprise as it’s the BMW 7-Series. It loses 67.1% of its value, which equates to $65,249.

Top 25 Vehicles with the Highest 5-Year Depreciation

Rank	Model	5-Year Depreciation	Loss
1	Jaguar I-PACE	72.2%	$51,953
2	BMW 7 Series	67.1%	$65,249
3	Tesla Model S	65.2%	$52,165
4	INFINITI QX80	65.0%	$53,571
5	Maserati Ghibli	64.7%	$70,874
6	BMW 5 Series	64.7%	$47,457
7	Nissan LEAF	64.1%	$18,043
8	Maserati Levante	63.7%	$64,991
9	Tesla Model X	63.4%	$53,846
10	Cadillac Escalade ESV	62.9%	$56,996
11	Land Rover Range Rover	62.9%	$67,858
12	Audi A8 L	62.7%	$57,724
13	BMW 5 Series	61.7%	$36,208
14	Audi Q7	61.6%	$37,256
15	INFINITI QX60	61.5%	$30,888
16	Cadillac Escalade	61.0%	$53,458
17	Audi A6	60.9%	$35,401
18	Land Rover Discovery	60.9%	$36,635
19	Mercedes-Benz S-Class	60.7%	$71,460
20	Audi A7	60.5%	$43,535
21	Tesla Model Y	60.4%	$36,225
22	Lincoln Navigator L	60.3%	$62,069
23	Porsche Taycan	60.1%	$59,691
24	Nissan Armada	60.0%	$33,914
25	Ford Expedition MAX	60.0%	$36,692
Overall Average			45.6%

Rounding out the top five spots are the Tesla Model S (65.2%), Infiniti QX80 (65.0%), and Maserati Ghibli (64.7%). Further down the list is the Tesla Model X (63.4%), Cadillac Escalade ESV (62.9%), and Mercedes S-Class (60.7%).

While the list of highest depreciating models is filled with EVs and luxury vehicles, sports cars had the lowest depreciation after five years. Porsche got a 1-2 victory as the 911 came in first at 19.5% and was closely followed by the 718 Cayman at 21.8%.

Top 25 Vehicles with the Lowest 5-Year Depreciation

Rank	Model	5-Year Depreciation	Loss
1	Porsche 911	19.5%	$24,428
2	Porsche 718 Cayman	21.8%	$15,851
3	Toyota Tacoma	26.0%	$8,217
4	Chevrolet Corvette	27.2%	$18,557
5	Honda Civic	28.0%	$6,987
6	Chevrolet Camaro	28.0%	$8,653
7	Toyota Tundra	29.1%	$11,659
8	Ford Mustang	29.2%	$9,325
9	Porsche 718 Boxster	29.6%	$22,155
10	Toyota Corolla Hatchback	30.1%	$7,156
11	Subaru BRZ	30.2%	$9,424
12	Toyota RAV4	30.9%	$9,233
13	Toyota 4Runner	31.3%	$12,753
14	Toyota Corolla	31.4%	$7,004
15	Subaru Crosstrek	33.0%	$8,511
16	Subaru Impreza	33.4%	$7,889
17	Chevrolet Corvette	33.7%	$25,343
18	Jeep Wrangler	33.9%	$10,888
19	Honda HR-V	34.0%	$8,640
20	Ford Ranger	34.7%	$11,472
21	Honda Accord	34.9%	$9,879
22	Toyota Prius	34.9%	$9,908
23	Honda CR-V	35.2%	$10,602
24	Subaru WRX	35.5%	$12,702
25	Toyota Camry	35.5%	$9,388
Overall Average			45.6%

Other sporty cars making the list were the Chevrolet Corvette (27.2%), Chevrolet Camaro (28.0%), and Ford Mustang (29.2%). They were joined by the Porsche 718 Boxster (29.6%), Subaru BRZ (30.2%), and Subaru WRX (35.5%).

The Toyota Tacoma had the third lowest depreciation as the mid-size truck only loses 26.0% of its value after five years. The Tundra wasn’t too far behind at 29.1%, but the only other truck to break into the Top 25 was the Ford Ranger at 34.7%.

Trucks Ranked by 5-Year Depreciation

Rank	Model	5-Year Depreciation	Loss
1	Toyota Tacoma	26.0%	$8,217
2	Toyota Tundra	29.1%	$11,659
3	Ford Ranger	34.7%	$11,472
4	Jeep Gladiator	35.6%	$13,558
5	GMC Canyon	38.1%	$14,644
6	Nissan Frontier	38.3%	$12,284
Truck Average			40.4%
7	Chevrolet Colorado	40.9%	$13,050
8	Chevrolet Silverado 1500	41.5%	$15,367
9	GMC Sierra 1500	41.6%	$15,949
10	Honda Ridgeline	42.4%	$17,013
11	Ram 1500	42.8%	$17,241
12	Ford F-150	43.4%	$16,236
Overall Average			45.6%
13	Nissan Titan XD	47.9%	$25,306
14	Nissan Titan	48.1%	$22,459
15	Ram 1500 Classic	48.1%	$18,634

If trucks and sports cars don’t fit the bill, consider the Honda Civic, Toyota Corolla Hatchback, or Toyota RAV4. These models only lose between 28.0% and 30.9% of their value after half a decade.

While a lot of factors go into purchasing a vehicle, iSeeCars’ Executive Analyst Karl Brauer said “Depreciation remains the most expensive aspect of buying a new vehicle, and the variation between vehicle types and specific models is something consumers should consider when researching their next purchase.” He went on to note, “The difference between buying a hybrid versus an electric vehicle could be tens of thousands of dollars in lost value.”

EVs Ranked by 5-Year Depreciation

Rank	Model	5-Year Depreciation	Loss
Overall Average		45.6%	$17,395
1	Tesla Model 3	55.9%	$23,771
2	Hyundai Kona Electric	58.0%	$19,062
EV Average		58.8%	$29,356
3	Kia Niro EV	59.2%	$23,439
4	Porsche Taycan	60.1%	$59,691
5	Tesla Model Y	60.4%	$36,225
6	Tesla Model X	63.4%	$53,846
7	Nissan LEAF	64.1%	$18,043
8	Tesla Model S	65.2%	$52,165
9	Jaguar I-PACE	72.2%	$51,953