Luxury cars always depreciate faster than mainstream models, with the latest data confirming luxury cars lose an average of 48.1 percent in value after five years. This compares to the industry average of 38.8 percent and 36.8 percent for non-luxury cars. The worst offenders are luxury sedans and luxury SUVs.
“Buyers looking to keep their vehicles for a long time shouldn’t be too worried about these depreciation rates,” said Brauer. “But if you’re rotating into a new vehicle every few years and those vehicles are luxury sedans or luxury SUVs, you’re losing a lot of money.”
Top 25 Vehicles With the Highest 5-Year Depreciation
| Rank | Model | Average 5-Year Depreciation | Average $ Difference from MSRP |
|---|---|---|---|
| 1 | Maserati Quattroporte | 64.5% | $90,588 |
| 2 | BMW 7 Series | 61.8% | $72,444 |
| 3 | Maserati Ghibli | 61.3% | $58,623 |
| 4 | BMW 5 Series (hybrid) | 58.8% | $37,975 |
| 5 | Cadillac Escalade ESV | 58.5% | $63,885 |
| 6 | BMW X5 | 58.2% | $44,828 |
| 7 | INFINITI QX80 | 58.1% | $47,399 |
| 8 | Maserati Levante | 57.8% | $55,858 |
| 9 | Jaguar XF | 57.6% | $39,720 |
| 10 | Audi A7 | 57.2% | $48,917 |
| 11 | Audi Q7 | 56.8% | $41,731 |
| 12 | Cadillac Escalade | 56.5% | $59,093 |
| 13 | Audi A6 | 56.3% | $38,252 |
| 14 | Volvo S90 | 55.8% | $35,365 |
| 15 | Nissan Armada | 55.7% | $36,875 |
| 16 | Mercedes-Benz S-Class | 55.7% | $70,563 |
| 17 | Lincoln Navigator L | 55.5% | $57,224 |
| 18 | Mercedes-Benz GLS | 55.5% | $54,523 |
| 19 | Tesla Model S | 55.5% | $60,145 |
| 20 | BMW 5 Series | 55.3% | $39,856 |
| 21 | BMW X5 | 54.7% | $39,992 |
| 22 | Lincoln Navigator | 54.7% | $53,582 |
| 23 | BMW X5 M | 54.0% | $66,277 |
| 24 | Land Rover Range Rover | 53.9% | $68,874 |
| 25 | Cadillac XT5 | 53.9% | $31,737 |
| Overall Average | 38.8% | $17,221 |
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.
And here you can find out which vehicles have lost the least in value after 5 years.
Source: iSeeCars