Car depreciation is one of the biggest hidden costs of vehicle ownership — and for some models, that loss in value is especially steep. A recent study by car search engine iSeeCars analyzed more than 950,000 five-year-old used cars to determine which vehicles lose the most value over time, highlighting the vehicles with highest depreciation.
The results show a clear trend: Electric vehicles and luxury models dominate the list of fastest-depreciating cars, often shedding well over half their original value in just five years. Whether due to rapidly evolving technology, high upfront prices, or shifting demand, these vehicles take the hardest hit.
Here are the 10 vehicles with the highest depreciation over five years, according to the iSeeCars study.
Nissan LEAF

Type: EV
Avg. 5-Year Depreciation: 63.1%
Avg. $ Difference from MSRP: $17,743
INFINITI QX80

Type: SUV
Avg. 5-Year Depreciation: 62.8%
Avg. $ Difference from MSRP: $52,631
Volkswagen ID.4

Type: EV
Avg. 5-Year Depreciation: 62.1%
Avg. $ Difference from MSRP: $28,010
Tesla Model S

Type: EV
Avg. 5-Year Depreciation: 62.0%
Avg. $ Difference from MSRP: $58,907
Land Rover Range Rover

Type: SUV
Avg. 5-Year Depreciation: 61.7%
Avg. $ Difference from MSRP: $69,856
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BMW 7 Series

Type: Sedan
Avg. 5-Year Depreciation: 61.6%
Avg. $ Difference from MSRP: $61,141
Tesla Model X

Type: EV
Avg. 5-Year Depreciation: 61.2%
Avg. $ Difference from MSRP: $61,216
Ford Mustang Mach-E

Type: EV
Avg. 5-Year Depreciation: 60.8%
Avg. $ Difference from MSRP: $22,976
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BMW 5 Series (Hybrid)

Type: Hybrid
Avg. 5-Year Depreciation: 59.5%
Avg. $ Difference from MSRP: $44,921
INFINITI QX60

Type: SUV
Avg. 5-Year Depreciation: 58.3%
Avg. $ Difference from MSRP: $30,099