Highlights:

  • Electric vehicles lose the most value after purchase, falling 58.8% in 5 years
  • Trucks and hybrids retain the most value, losing 40.4% and 40.7%, respectively
  • Sports cars and small SUVs like the Porsche 911 and 718 Cayman, Chevrolet Corvette, Toyota RAV4, and Honda CR-V dominate the top 25 rankings for cars that retain value
  • Electric vehicles and luxury models like the Jaguar I-PACE, BMW 7 Series, Tesla Model S, and Nissan LEAF make up 23 of the 25 cars that lose the most value
  • Every vehicle type is losing more value in 2025 than they did in 2023, but hybrids have remained the closest to the value retention peaks every segment experienced during the pandemic 

Used car prices have dropped since their peak during the pandemic, as reflected in higher 5-year depreciation rates across all vehicle types. This means new cars are losing more money after 5 years because both the new and used car supply is slowly returning to normal following the plant shutdowns during COVID.

But the rate of depreciation varies drastically between segments, with electric vehicles now losing 58.8% of their value after 5 years, and trucks and hybrids only losing about 40% of their new vehicle value. The industry average for all vehicles is 45.6%, reflecting more lost value than the 38.8% drop in 2023, but less than the 49.6% drop in 2019.

iSeeCars analyzed over 800,000 5-year-old used cars sold from March 2024 to February 2025 to determine 5-year depreciation rates.

5-Year Depreciation for Notable Vehicle Segments - iSeeCars Study
Segment 2019 2023 2025
Overall 49.6% 38.8% 45.6%
Hybrids 56.7% 37.4% 40.7%
EVs 67.1% 49.1% 58.8%
SUVs 51.6% 41.2% 48.9%
Trucks 42.7% 34.8% 40.4%

“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,” said iSeeCars Executive Analyst Karl Brauer. “The difference between buying a hybrid versus an electric vehicle could be tens of thousands of dollars in lost value.”

 

Top 25 Vehicles with the Lowest 5-Year Depreciation

The Porsche 911 and 718 Cayman lose the least value after 5 years, followed by the Toyota Tacoma, Chevrolet Corvette, and Honda Civic. Looking at the top 25 cars there’s a recurring theme of sports/performance models and small SUVs, with a few trucks and sedans also making the list.
Top 25 Vehicles with the Lowest 5-Year Depreciation - iSeeCars Study
Rank Model Segment Average 5-Year Depreciation Average $ Difference from MSRP
1 Porsche 911 Sports Car 19.5% $24,428
2 Porsche 718 Cayman Sports Car 21.8% $15,851
3 Toyota Tacoma Truck 26.0% $8,217
4 Chevrolet Corvette Coupe 27.2% $18,557
5 Honda Civic Sedan/Hatchback 28.0% $6,987
6 Chevrolet Camaro Sports Car 28.0% $8,653
7 Toyota Tundra Truck 29.1% $11,659
8 Ford Mustang Sports Car 29.2% $9,325
9 Porsche 718 Boxster Sports Car 29.6% $22,155
10 Toyota Corolla Hatchback Hatchback 30.1% $7,156
11 Subaru BRZ Sports Car 30.2% $9,424
12 Toyota RAV4/RAV4 Hybrid SUV/Hybrid 30.9% $9,233
13 Toyota 4Runner SUV 31.3% $12,753
14 Toyota Corolla Sedan 31.4% $7,004
15 Subaru Crosstrek SUV 33.0% $8,511
16 Subaru Impreza Wagon 33.4% $7,889
17 Chevrolet Corvette Sports Car 33.7% $25,343
18 Jeep Wrangler SUV 33.9% $10,888
19 Honda HR-V SUV 34.0% $8,640
20 Ford Ranger Truck 34.7% $11,472
21 Honda Accord Sedan 34.9% $9,879
22 Toyota Prius Hybrid 34.9% $9,908
23 Honda CR-V SUV 35.2% $10,602
24 Subaru WRX Sedan 35.5% $12,702
25 Toyota Camry Sedan 35.5% $9,388
Overall Average 45.6% $17,395
“Porsche’s performance coupes, the 911 and 718 Cayman, have consistently ranked at or near the top of our residual value rankings since before the pandemic,” said Brauer. “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 line up.”

 

Top 25 Vehicles with the Highest 5-Year Depreciation

Premium models typically lose more value than mainstream models, as confirmed in this year’s list of new vehicles that lose the most value after 5 years. A high number of electric vehicles also make the list, with Jaguar’s I-PACE losing more value than any other vehicle, and the Tesla Model S, Nissan LEAF, and Tesla Model X among the vehicles with the largest rate of depreciation.
Top 25 Vehicles with the Highest 5-Year Depreciation - iSeeCars Study
Rank Model Segment Average 5-Year Depreciation Average $ Difference from MSRP
1 Jaguar I-PACE EV 72.2% $51,953
2 BMW 7 Series Sedan 67.1% $65,249
3 Tesla Model S EV 65.2% $52,165
4 INFINITI QX80 SUV 65.0% $53,571
5 Maserati Ghibli Sedan 64.7% $70,874
6 BMW 5 Series Hybrid 64.7% $47,457
7 Nissan LEAF EV 64.1% $18,043
8 Maserati Levante SUV 63.7% $64,991
9 Tesla Model X EV 63.4% $53,846
10 Cadillac Escalade ESV SUV 62.9% $56,996
11 Land Rover Range Rover SUV 62.9% $67,858
12 Audi A8 L Sedan 62.7% $57,724
13 BMW 5 Series Sedan 61.7% $36,208
14 Audi Q7 SUV 61.6% $37,256
15 INFINITI QX60 SUV 61.5% $30,888
16 Cadillac Escalade SUV 61.0% $53,458
17 Audi A6 Sedan 60.9% $35,401
18 Land Rover Discovery SUV 60.9% $36,635
19 Mercedes-Benz S-Class Sedan 60.7% $71,460
20 Audi A7 Sedan 60.5% $43,535
21 Tesla Model Y EV 60.4% $36,225
22 Lincoln Navigator L SUV 60.3% $62,069
23 Porsche Taycan EV 60.1% $59,691
24 Nissan Armada SUV 60.0% $33,914
25 Ford Expedition MAX SUV 60.0% $36,692
Overall Average 45.6% $17,395
“Both the percentage and dollar value drop of luxury vehicles need to be considered for new car buyers,” said Brauer. “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.” 

 

Electric Vehicles Ranked by Depreciation

Only two electric vehicles, the Tesla Model 3 and Hyundai Kona Electric, are above the 58% average for EV depreciation. Electric vehicles were still pretty uncommon 5 years ago, but within this group the Jaguar I-PACE ranks the worst by losing more than 72% of its value.
EVs Ranked by 5-Year Depreciation - iSeeCars Study
Rank Model Average 5-Year Depreciation Average $ Difference from MSRP
Overall Average 45.6% $17,395
1 Tesla Model 3 55.9% $23,771
2 Hyundai Kona Electric 58.0% $19,062
EV Average 58.8% $29,356
3 Kia Niro EV 59.2% $23,439
4 Porsche Taycan 60.1% $59,691
5 Tesla Model Y 60.4% $36,225
6 Tesla Model X 63.4% $53,846
7 Nissan LEAF 64.1% $18,043
8 Tesla Model S 65.2% $52,165
9 Jaguar I-PACE 72.2% $51,953
“Even Tesla’s Model 3, with the lowest rate of depreciation among electric vehicles, is over 10% higher than the industry average, and it only gets worse from there for EVs,” said Brauer.

 

Hybrid Vehicles Ranked by Depreciation

Hybrid vehicles are among the best segments for retained value, losing just 40.7% after 5 years. Toyota dominates the rankings with seven models above the segment average.
Hybrids Ranked by 5-Year Depreciation - iSeeCars Study
Rank Model Average 5-Year Depreciation Average $ Difference from MSRP
1 Toyota RAV4 Hybrid 31.2% $10,062
2 Toyota Prius 34.9% $9,908
3 Toyota Corolla Hybrid 35.6% $8,471
4 Toyota Prius Prime 36.0% $11,865
5 Toyota Highlander Hybrid 39.8% $18,432
6 Toyota Camry Hybrid 39.8% $11,486
7 Lexus UX 250h 39.8% $14,156
Hybrid Average 40.7% $14,758
8 Honda Accord Hybrid 41.1% $13,834
9 Honda CR-V Hybrid 41.3% $14,301
Overall Average 45.6% $17,395
10 Kia Niro 46.8% $12,630
11 Lexus ES 300h 47.6% $20,666
12 Kia Niro Plug-In Hybrid 47.6% $16,412
13 Hyundai Sonata Hybrid 48.6% $15,186
14 Porsche Cayenne 52.1% $50,607
15 Ford Escape Hybrid 52.3% $17,000
16 Mitsubishi Outlander PHEV 53.4% $21,609
17 Mercedes-Benz GLC 54.3% $32,552
18 Volvo XC60 57.4% $33,316
19 BMW 5 Series 64.7% $47,457
“Proving that not all alternative fuel vehicles lose money, hybrids sit at the opposite end of the residual value spectrum compared to electric vehicles,” said Brauer. “These models offer increased fuel efficiency and zero range anxiety, with more consumers hopping on the hybrid bandwagon every day while helping them hold their value.”

 

Trucks Ranked by Depreciation

Trucks hold their value better than any other vehicle type, with Toyota’s Tacoma and Tundra topping the list, followed by the Ford Ranger, Jeep Gladiator, GMC Canyon, and Nissan Frontier all ranking above the segment’s 40.4% average.
Trucks Ranked by 5-Year Depreciation - iSeeCars Study
Rank Model Size Average 5-Year Depreciation Average $ Difference from MSRP
1 Toyota Tacoma Midsize 26.0% $8,217
2 Toyota Tundra Full-size 29.1% $11,659
3 Ford Ranger Midsize 34.7% $11,472
4 Jeep Gladiator Midsize 35.6% $13,558
5 GMC Canyon Midsize 38.1% $14,644
6 Nissan Frontier Midsize 38.3% $12,284
Truck Average 40.4% $15,114
7 Chevrolet Colorado Midsize 40.9% $13,050
8 Chevrolet Silverado 1500 Full-size 41.5% $15,367
9 GMC Sierra 1500 Full-size 41.6% $15,949
10 Honda Ridgeline Midsize 42.4% $17,013
11 Ram 1500 Full-size 42.8% $17,241
12 Ford F-150 Full-size 43.4% $16,236
Overall Average 45.6% $17,395
13 Nissan Titan XD Full-size 47.9% $25,306
14 Nissan Titan Full-size 48.1% $22,459
15 Ram 1500 Classic Full-size 48.1% $18,634
“Midsize trucks tend to outrank their full-size counterparts, suggesting more buyers prefer the balance of capability, cost, and size offered by midsize models,” said Brauer.

 

Top 5 Small SUVs with the Lowest 5-Year Depreciation

Small SUVs like the Toyota RAV4, Honda CR-V, and Subaru Forester are among the best-selling vehicles in the new car market. The demand for these models remains strong in the used market, as reflected in their high residual values.
Top 5 Small SUVs with the Lowest 5-Year Depreciation - iSeeCars Study
Rank Model Average 5-Year Depreciation Average $ Difference from MSRP
1 Toyota RAV4/RAV4 Hybrid 30.9% $9,233
2 Subaru Crosstrek 33.0% $8,511
3 Honda HR-V 34.0% $8,640
4 Honda CR-V 35.2% $10,602
5 Subaru Forester 37.9% $11,378
Small SUV Average 45.5% $14,549
“The combination of utility, fuel efficiency, and affordable pricing has made the compact SUV one of the most popular categories in the industry, with both new and used car shoppers,” said Brauer.

 

Top 5 Small SUVs with the Highest 5-Year Depreciation

Electric models make up three of the top 5 small SUVs with the highest rate of depreciation, and all of these vehicles lose more than 59% of their value after 5 years.
Top 5 Small SUVs with the Highest 5-Year Depreciation - iSeeCars Study
Rank Model Average 5-Year Depreciation Average $ Difference from MSRP
1 Jaguar I-PACE 72.2% $51,953
2 Tesla Model Y 60.4% $36,225
3 Jaguar F-PACE 59.8% $34,113
4 Cadillac XT5 59.6% $26,398
5 Kia Niro EV 59.2% $23,439
Small SUV Average 45.5% $14,549
“The average small SUV loses less than $15,000 after 5 years, but all of these models lose more than $23,000, with the Jaguar I-PACE off more than twice that amount, at nearly $52,000,” said Brauer.

 

Top 5 Midsize SUVs with the Lowest 5-Year Depreciation

The midsize SUV category is another popular segment, with the top-ranked Toyota 4Runner’s value down just 31.3% after 5 years and all of the top five models well above the segment average of 51.2%.
Top 5 Midsize SUVs with the Lowest 5-Year Depreciation - iSeeCars Study
Rank Model Average 5-Year Depreciation Average $ Difference from MSRP
1 Toyota 4Runner 31.3% $12,753
2 Jeep Wrangler 33.9% $10,888
3 Toyota Highlander/Highlander Hybrid 42.1% $17,023
4 Lexus RX 350 42.7% $20,914
5 Honda Passport 46.3% $20,730
Midsize SUV Average 51.2% $22,008
“The Jeep Wrangler has been one of the best vehicles for retained value for decades,” said Brauer. “But the Toyota 4Runner managed to sneak past the Wrangler to take the number one slot this year.” 

 

Top 5 Midsize SUVs with the Highest 5-Year Depreciation

Luxury models commonly lose the most value after 5 years, with all these SUVs experiencing more than 60% depreciation compared to the segment average of 51%.
Top 5 Midsize SUVs with the Highest 5-Year Depreciation - iSeeCars Study
Rank Model Average 5-Year Depreciation Average $ Difference from MSRP
1 Maserati Levante 63.7% $64,991
2 Tesla Model X 63.4% $53,846
3 Audi Q7 61.6% $37,256
4 INFINITI QX60 61.5% $30,888
5 Land Rover Discovery 60.9% $36,635
Midsize SUV Average 51.2% $22,008
“If you’re a fan of these midsize luxury SUVs just remember that buying one new means losing between $30,000 and $65,000 after 5 years,” said Brauer. 

 

Top 5 Large SUVs with the Lowest 5-Year Depreciation

Large SUVs mean both a big purchase price up front and big value loss after 5 years. But models like the Mercedes-Benz G-Class, GMC Yukon, and Chevrolet Tahoe can mitigate the losses.
Top 5 Large SUVs with the Lowest 5-Year Depreciation - iSeeCars Study
Rank Model Average 5-Year Depreciation Average $ Difference from MSRP
1 Mercedes-Benz G-Class 38.8% $57,548
2 GMC Yukon 52.4% $35,032
3 Chevrolet Tahoe 52.6% $27,601
4 Chevrolet Suburban 55.6% $34,166
5 Lincoln Aviator 55.9% $32,140
Large SUV Average 57.3% $39,454
“While ranked number one for holding its value, the pricey Mercedes-Benz G-Class still loses over $57,000 after 5 years," said Brauer. “The Chevrolet Tahoe may not have the same cachet as the Mercedes-Benz, but it will lose about half the value.”

 

Top 5 Large SUVs with the Highest 5-Year Depreciation

Most of the large SUVs with the highest depreciation rates are luxury models, but Nissan’s Armada also makes the list due to its aging design, which was finally refreshed for 2025.
Top 5 Large SUVs with the Highest 5-Year Depreciation - iSeeCars Study
Rank Model Average 5-Year Depreciation Average $ Difference from MSRP
1 INFINITI QX80 65.0% $53,571
2 Land Rover Range Rover 62.9% $67,858
3 Cadillac Escalade/Escalade ESV 61.8% $54,886
4 Lincoln Navigator L 60.3% $62,069
5 Nissan Armada 60.0% $33,914
Large SUV Average 57.3% $39,454
"For buyers unable to afford a large luxury SUV when they’re new, used models like the Infiniti QX60, Land Rover Range Rover, and Cadillac Escalade offer a second chance at a much lower price,” said Brauer.

Car buyers should use this list to either purchase a new vehicle with low depreciation, or consider a high depreciation model offering big savings on the used market.

 

Methodology

iSeeCars analyzed over 800,000 5-year-old used cars sold from March 2024 to February 2025. Heavy-duty trucks and vans, models no longer in production as of the 2024 model year, and low-volume models were removed from further analysis. MSRPs were inflation-adjusted to 2025 dollars based on data from the US Bureau of Labor Statistics. The difference in average asking price for each vehicle between its MSRP and its used car pricing was mathematically modeled to obtain the vehicle’s depreciation.

 

About iSeeCars.com

iSeeCars.com is a data-driven car search and research company that helps shoppers find the best car deals by providing key insights and valuable resources, including the iSeeCars VIN Check report and Best Cars Rankings. iSeeCars has saved users over $434 million so far by applying big data analytics powered by over 25 billion (and growing) data points and using proprietary algorithms to objectively analyze, score and rank millions of new cars and used cars.