If you're looking for a vehicle that will maintain its value, you may want to avoid certain car manufacturers. According to CarEdge calculations, the BMW i3 will have a residual value of 19.38% after 10 years of ownership, but it will have lost approximately 68% of its original value in the first five years. The Mercedes-Benz GLE500 is a mid-size luxury SUV with an attractive exterior, superior interior refinement and excellent power, but it depreciates by around 65% in the first five years. Bulky Buicks have a reputation for handling like “ships”, but their value seems to sink like a rock.
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. Land Rovers are an imposing presence whether you're navigating the city or jumping through the woods. Mercedes-Benz is one of the most iconic luxury brands on the market, and two of its luxury sedans are on the iSeeCars list of the 10 fastest depreciating models.
The BMW 3 Series sedan loses more than 65% of its original sticker price in five years. Porsche cars are reliable, durable and have a distinguished look that attracts customers. The 911 is probably one of the most iconic cars in automotive history with a huge fan base, and its demand exceeds supply. The Jeep Wrangler is one of the most popular Jeep models, whose classic design hasn't changed much since its initial launch in the 80s.
MINI was first introduced in 1959 and, at the time, was the first small car to have front-wheel drive. Its robust engineering solutions, elegant design and premium interior have made MINI a legend. Even Queen Elizabeth has owned around 30 Land Rovers during her reign, supporting one of the most famous British car manufacturers. If you buy a new Chrysler, its value will drop to 3.2% after 25 years, making it the most depreciated car brand on our list.
Seat cars reach a low residual value of 4.2% (at the age of 2). Some models like Elekta grow in popularity and even cost more than the day they leave the factory. The average age when vehicles reach their lowest residual value is 20 to 23 years, but this varies significantly from brand to brand. Trucks and SUVs account for seven out of 10 spaces on the website's list of vehicles that enjoy the slowest depreciation rate.