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Parking garage with cars
antpkr/istockphoto

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

A blue Nissan Leaf electric car is driving on a road beside a wooden fence and green trees, with its headlights on and a UK license plate visible on the front.
Sue Thatcher/istockphoto

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

INFINITI QX80

A silver Infiniti SUV is parked on a paved area near a modern building with large windows. The vehicle features a bold front grille and sleek, angular headlights.
jetcityimage/istockphoto

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

Volkswagen ID.4

A white Volkswagen electric SUV with a black roof is driving on a multi-lane road. The driver is visible inside the vehicle. The background appears blurred, indicating motion.
ollo/istockphoto

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

Tesla Model S

A silver Tesla Model S electric car is parked on a city street beside a modern glass building. Other vehicles are parked behind it, and trees reflect on the car's windows.
acilo/istockphoto

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

Land Rover Range Rover

A red Range Rover SUV is parked on a suburban street, surrounded by green trees and bushes on a sunny day.
Sue Thatcher/istockphoto

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

BMW 7 Series

A dark-colored BMW sedan with a prominent front grille is parked on a street lined with blooming pink flowers and green bushes.
Tramino/istockphoto

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

Tesla Model X

A white Tesla Model X with its falcon-wing doors open is parked on a brick patio, towing a silver Airstream trailer. Orange umbrellas provide shade nearby, and pink buildings and greenery are in the background.
AlexandreFagundes/istockphoto

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

Ford Mustang Mach-E

A green electric SUV is parked and charging at a station in a parking lot near a building with a red roof, with a cloudy sky in the background.
benedek/istockphoto

Type: EV
Avg. 5-Year Depreciation: 60.8%
Avg. $ Difference from MSRP: $22,976

BMW 5 Series (Hybrid)

A silver BMW sedan is parked on a paved road, surrounded by green trees and a cloudy sky in the background. The car features sporty black and silver wheels and tinted windows.
Emirhan Karamuk/istockphoto

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

INFINITI QX60

A white Infiniti SUV is parked on a narrow paved road surrounded by grass and trees with autumn leaves under a partly cloudy sky.
Tramino/istockphoto

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

Meet the Writer

Julieta Simone is a journalism graduate with experience in translation, writing, editing, and transcription across corporate and creative environments. She has worked with brands including Huggies and Caterpillar (CAT), and has contributed to editorial and research projects in the healthcare and entertainment industries.