If you want a vehicle that maintains its value, you might want to avoid one of these manufacturers. But before you go to the nearest BMW dealership to buy an i3, it's worth knowing that it would have lost approximately 68% of its original value in the first five years. According to CarEdge calculations, the BMW i3 will have a residual value of approximately 19.38% after 10 years of ownership. The Mercedes-Benz GLE500 is a mid-size luxury SUV with an attractive exterior, superior interior refinement and excellent power.
But despite all the good things, the value of the GLE500 plummets by approximately 65% in the first five years. Bulky Buicks have a reputation for handling like “ships”, but their value seems to sink like a rock. That said, classic Buick sedans aren't necessarily the reason the brand made this list. The two Buick models that lose their value faster are both SUVs.
Cadillac is one of America's oldest car companies, and its sleek, smooth rides are favorites of celebrities and retirees alike. Whether you're navigating the city or jumping through the woods, Land Rovers are an imposing presence. Mercedes-Benz is one of the most iconic luxury brands on the market, and you can be sure that any car adorned with its three-pronged logo will turn heads. Two of the manufacturer's luxury sedans are on the iSeeCars list of the 10 fastest depreciating models.
However, the more affordable BMW models don't fare much better, as the compact 3 Series sedan loses more than 65% of its original sticker price in a span of five years. While Porsche makes sports cars, its models are practical enough for everyday driving. The 911 is probably one of the most iconic cars in automotive history with a huge fan base. It is not surprising that its demand exceeds supply.
Porsche cars are reliable, durable and have a distinguished look that attracts customers. The Wrangler is one of the most popular Jeep models, whose classic design hasn't changed much since its initial launch in the 80s. Jeep offers 10 different versions of the Wrangler, so even the most demanding drivers can find their favorite. Powered by V6 and V8 engines, the Wrangler is definitely a car that will help you survive even in the toughest conditions.
Robust engineering solutions, elegant design and a premium interior have made MINI a legend. MINI was first introduced in 1959 and, at the time, was the first small car to have front-wheel drive. Since the beginning of its history, MINI has offered vehicles with racing car qualities that are distinguished by their appearance and are fun to drive. Even Queen Elizabeth has a Land Rover.
In fact, some estimate that she has owned around 30 Land Rovers during her reign, supporting one of the most famous British car manufacturers. Some of the first Jaguars (such as the 1966 XJ1) cost millions of dollars, but you can find used models even for a couple of thousand. When you buy a Jaguar, you pay for the brand. Even second-hand Jaguars can be expensive, increasing the brand's overall residual value.
If you buy a new Chrysler, in 25 years, its value will drop to 3.2%, making it the most depreciated car brand on our list. Over the years, Chrysler has issued many recalls and received many complaints from customers. Despite all this, in the end, Seat cars reach a low residual value of 4.2% (at the age of 2). Why do seats depreciate so much? If you compare Seat models such as Ibiza with their direct competitors such as Peugeot 208 or Citroen C4, you will notice that the Seats are a little more conservative and less elegant.
It's a good option for someone looking to save money, but it's not a car that stands out on the street. The average age when vehicles reach their lowest residual value is 20 to 23 years. However, this varies significantly from brand to brand. While predicting the value of the new car in 3 years is relatively easy, things get complicated when we overcome the 10-year barrier.
You can find a variety of car depreciation calculators online, however, take them with a grain of salt. While most cars lose their value over the years, some models like Elekta grow in popularity and even cost more than the day they leave the factory. If you buy a regular car, it will probably end up in a landfill in 20-30 years. However, a Porsche or Jaguar will last much longer and can even be a good long-term investment.
Depending on the brand of your car, its value can depreciate between 20 and 30% at the end of the first year. In 5 years, most car models lose 60 to 70% of their initial value. The depreciation rate of the car over a longer period of time depends on its maintenance costs, customer satisfaction, reliability, and the number of units of a particular model that were produced. Trucks and SUVs account for seven out of 10 spaces on the website's list of vehicles that enjoy the slowest depreciation rate.
Best-performing models for value retention will lose 19.4 to 39.5 percent of their original value after five years. The two best models in this regard are the Jeep Wrangler and the four-door Wrangler Unlimited, which historically have low depreciation rates. Vehicle depreciation is virtually unavoidable. Recognizing this, we wanted to give you the good, the bad and the ugly when it comes to those vehicles that perform well in maintaining their value, and equally, those that don't.
Most car research sites need to be careful about what they post so as not to annoy their dealership customers, and with that, they will only show you the good news. We, on the other hand, provide you with the complete list, from best to worst, with more than 200 makes and models of vehicles classified every six months. It is the enormous cost of repairing and maintaining luxury cars that is largely responsible for high depreciation rates. Car experts often argue that Infiniti has not found its identity and often call it an “aspiring luxury brand”.
We rank the fastest depreciating luxury cars based on the amount of value they lose in the first five years of ownership. While the average new luxury car loses 40-50% of its original value in the first five years of ownership, some models tend to lose much more. Jaguar became famous for manufacturing sports cars and luxury sedans, but it has recently entered the SUV and EV market to expand its lineup. While not the most attractive cars on the market, Škoda has earned a reputation as a reliable family car.
Depreciation is that moment when you drive a new car out of the parking lot and the car instantly loses a percentage of its value. Here are 10 luxury cars with steeper depreciation curves than any of their counterparts, measured by the amount of value they lose over the course of the first five years of ownership. In the second-hand car market, customers are often looking to save money and are generally unwilling to pay for the luxury that more expensive models can offer. .