A new iSeeCars study reveals which used cars have had the lowest depreciation in the U.S. over the past five years.
These 25 cars hold their value far better than average. The top-ranked Porsche 911 coupe only loses 9.3 percent of its value after five years, indicating incredibly strong demand for this sports car in the used market. Three other Porsches, along with six Toyotas, four Subarus, and three Chervolets, reflect ongoing consumer demand for sports cars, small SUVs, and fuel-efficient economy cars. The rise in used car pricing over the past few years drove many buyers toward these smaller, lower-priced models.
Top 25 Vehicles With the Lowest 5-Year Depreciation
| Rank | Model | Average 5-Year Depreciation | Average $ Difference from MSRP |
|---|---|---|---|
| 1 | Porsche 911 (coupe) | 9.3% | $18,094 |
| 2 | Porsche 718 Cayman | 17.6% | $13,372 |
| 3 | Toyota Tacoma | 20.4% | $8,359 |
| 4 | Jeep Wrangler/Wrangler Unlimited | 20.8% | $8,951 |
| 5 | Honda Civic (sedan/hatchback) | 21.5% | $5,817 |
| 6 | Subaru BRZ | 23.4% | $8,114 |
| 7 | Chevrolet Camaro | 24.2% | $10,161 |
| 8 | Toyota C-HR | 24.4% | $6,692 |
| 9 | Subaru Crosstrek | 24.5% | $7,214 |
| 10 | Toyota Corolla | 24.5% | $5,800 |
| 11 | Ford Mustang | 24.5% | $10,035 |
| 12 | Porsche 718 Boxster | 25.1% | $20,216 |
| 13 | Toyota Tundra | 25.3% | $12,588 |
| 14 | Kia Rio 5-Door | 25.8% | $5,006 |
| 15 | Porsche 911 (convertible) | 26.0% | $42,227 |
| 16 | Honda HR-V | 26.2% | $7,318 |
| 17 | Subaru Impreza | 26.2% | $6,927 |
| 18 | Kia Rio | 26.3% | $4,959 |
| 19 | Chevrolet Spark | 26.6% | $4,784 |
| 20 | Toyota RAV4 | 27.2% | $8,858 |
| 21 | Hyundai Accent | 27.4% | $5,353 |
| 22 | Toyota 4Runner | 27.4% | $13,147 |
| 23 | Chevrolet Corvette | 27.5% | $22,712 |
| 24 | Nissan Kicks | 27.5% | $6,560 |
| 25 | Subaru Impreza | 27.8% | $7,158 |
| Overall Average | 38.8% | $17,221 |
“Several sports cars are among the top vehicles at holding their value, including four of the top 10 models,” said Karl Brauer, iSeeCars executive analyst. “We saw a spike in demand for ‘fun’ cars during the pandemic lockdowns, and demand for them remains strong in the post-pandemic world.”
For the in-depth study, iSeeCars analyzed more than 1.1 million used 2018 model year vehicles sold between November 2022 and October 2023. Heavy-duty trucks and vans, models no longer in production after model year 2022, and low-volume models were excluded from further analysis. 2018 prices were adjusted for inflation to 2023 dollars based on data from the U.S. Bureau of Labor Statistics. The difference in the average sales price for each vehicle between its MSRP and its used-vehicle price was mathematically modeled to obtain the vehicle's depreciation.
Source: iSeeCars