New Study Reveals Fastest and Slowest Depreciating 5-Year-Old Vehicles
In order to get the most for your money when buying a new vehicle, resale value is something you need to strongly consider.
To help consumers identify the models that will sell best in three or four years' time, J.D. Power’s ALG and Canadian Black Book have each published a list in recent weeks. We advise you to check them out.
- Also: Porsche, Toyota Lead 2025 CBB Best Residual Value Awards
- Also: These Are the 2025 Models with the Highest Projected Residual Value
Now, if you're in the market for a used car, the American research website iSeeCars has analyzed over 800,000 transactions of five-year-old vehicles in the U.S. between March 2024 and February 2025 to come up with a ranking of the fastest and slowest depreciating models.
It found out that the rate of depreciation varies drastically between segments, with electric vehicles now losing 58.8% of their value after five years, while trucks (40.4%) and hybrids (40.7%) do a much better job of retaining their original value. The industry average for all vehicles is 45.6%, reflecting more lost value than the 38.8% drop in 2023 when the COVID-19 pandemic was not quite over yet.
Top 10 Vehicles with the Slowest 5-Year Depreciation
- Porsche 911 – 19.5%
- Porsche 718 Cayman – 21.8%
- Toyota Tacoma – 26.0%
- Chevrolet Corvette – 27.2%
- Honda Civic – 28.0%
- Chevrolet Camaro – 28.0%
- Toyota Tundra – 29.1%
- Ford Mustang – 29.2%
- Porsche 718 Boxster – 29.6%
- Toyota Corolla – 30.1%
“Porsche’s performance coupes have consistently ranked at or near the top of our residual value rankings since before the pandemic,” iSeeCars Executive Analyst Karl Brauer says. “The number of sports cars on this year’s top 25 retained value list are only exceeded by small SUVs, a vehicle that commonly represents the best-selling model in an automaker’s lineup.”
Top 10 Vehicles with the Fastest 5-Year Depreciation
- Jaguar I-PACE – 72.2%
- BMW 7 Series – 67.1%
- Tesla Model S – 65.2%
- Infiniti QX80 – 65.0%
- Maserati Ghibli – 64.7%
- BMW 5 Series Hybrid – 64.7%
- Nissan LEAF – 64.1%
- Maserati Levante – 63.7%
- Tesla Model X – 63.4%
- Cadillac Escalade ESV – 62.9%
“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,” the analyst points out.
Obviously, there may be some differences between the U.S. and Canadian markets, but the iSeeCars study is still a relevant source of information when shopping for a used vehicle.
“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,” Brauer notes. “The difference between buying a hybrid versus an electric vehicle could be tens of thousands of dollars in lost value.”
