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Think Twice Before Buying These Cars that Plummet in Value

Think Twice Before Buying These Cars that Plummet in Value

Published: June 15, 2024 by David Beren

The car market has been quite a rollercoaster over the last few years. After used car values skyrocketed during the pandemic over a global chip shortage, prices have somewhat returned to normal. Even so, there are plenty of vehicles you want to think twice about buying, knowing that their values don’t hold up as well as those of other cars.

To learn this data, iSeeCars analyzed over 1.1 million vehicles sold between November 2022 and October 2023 to look at 5-year depreciation rates. While electric vehicles suffer from the worst depreciation, it certainly isn’t the only vehicle segment worth watching out for. Keep reading to look at the 20 cars you should think twice about before parking one of them in your garage.

20. BMW 5 Series

BMW 5 Series — The 5-series BMW will likely lose at least half its value after 5 years.
©Chanokchon / Creative Commons Attribution-Share Alike 4.0 International license - Original / License

Average 5-year depreciation: 55.3%
Average $ difference from MSRP: $39,856

19. Tesla Model S

Unfortunately for EV owners, the Tesla Model S also loses 55% of its value after 5 years.
©Tesla Fans Schweiz / unsplash - Original / License

Average 5-year depreciation: 55.5%
Average $ difference from MSRP: $60,145

18. Mercedes-Benz GLS

MERCEDES-BENZ_GLS — The Mercedes-Benz GLS is the flagship SUV of the Mercedes fleet.
©Dinkun Chen / Creative Commons Attribution-Share Alike 4.0 International license - Original / License

Average 5-year depreciation: 55.5%
Average $ difference from MSRP: $54,523

17. Lincoln Navigator L

The Lincoln Navigator is one of the largest SUVs on the road today.
©chorche de prigo/Shutterstock.com

Average 5-year depreciation: 55.5%
Average $ difference from MSRP: $57,224

16. Mercedes-Benz S-Class

Mercedes-Benz S Class — The S-Class Mercedes is the flagship sedan in the Mercedes lineup.
©nakhon100 / Creative Commons Attribution 2.0 Generic license - Original / License

Average 5-year depreciation: 55.7%
Average $ difference from MSRP: $70,563

15. Nissan Armada

Nissan’s Armada loses at least 55% of its value after 5 years.
©"2021 Nissan Armada SV 2WD in Brilliant Silver Metallic, front left" by Mr.choppers is licensed under BY-SA 3.0. - Original / License

Average 5-year depreciation: 55.7%
Average $ difference from MSRP: $36,875

14. Volvo S90

Even with standout safety features, the Volvo S90 has hefty depreciation.
©"Volvo S90 II 01 China 2017-03-19" by Navigator84 is licensed under BY-SA 4.0. - Original / License

Average 5-year depreciation: 55.8%
Average $ difference from MSRP: $35,365

13. Audi A6

The Audi A6 is a sharp sedan that loses entirely too much value.
©"2011 Audi A6 - NRMA Drivers Seat" by The National Roads and Motorists' Association is licensed under BY 2.0. - Original / License

Average 5-year depreciation: 56.3%
Average $ difference from MSRP: $38,252

12. Cadillac Escalade

The Cadillac Escalade loses a lot of its value after 5 years.
©"2015 Cadillac Escalade" by AlBargan is licensed under BY-ND 2.0. - Original / License

Average 5-year depreciation: 56.5%
Average $ difference from MSRP: $59,093

11. Audi Q7

Audi Q7 — The Audi Q7 loses almost 57% of its value after 5 years on the road.
©Dinkun Chen / Creative Commons Attribution-Share Alike 4.0 International license - Original / License

Average 5-year depreciation: 56.8%
Average $ difference from MSRP: $41,731

10. Audi A7

The Audi A7 offers entirely too much depreciation after 5 years.
©"Audi A7" by nakhon100 is licensed under BY 2.0. - Original / License

Average 5-year depreciation: 57.2%
Average $ difference from MSRP: $48,917

9. Jaguar XF

Jaguar’s XF sedan also loses a surprising amount of money after 5 years.
©"The all-new Jaguar XF" by jaguarmena is licensed under BY 2.0. - Original / License

Average 5-year depreciation: 57.6%
Average $ difference from MSRP: $39,720

8. Maserati Levante

Maserati’s have a history of losing hefty value after 5 years on the road.
©"Maserati Levante S (01)" by Alexandre Prévot from Nancy, France is licensed under BY-SA 2.0. - Original / License

Average 5-year depreciation: 57.8%
Average $ difference from MSRP: $55,858

7. INFINITI QX80

The Infiniti QX80 loses almost $47,400 after 5 years on the road.
©"Infiniti QX80 IV P4250837" by Alexander Migl is licensed under BY-SA 4.0. - Original / License

Average 5-year depreciation: 58.1%
Average $ difference from MSRP: $47,399

6. BMW X5 (Hybrid)

The BMW X5 Hybrid loses over 58% of its value after 5 years.
©"BMW Concept X5 eDrive" by Rutger van der Maar is licensed under BY 2.0. - Original / License

Average 5-year depreciation: 58.2%
Average $ difference from MSRP: $44,828

5. Cadillac Escalade ESV

The Cadillac Escalade ESV loses even more value than its gas-only counterpart.
©"2021 Cadillac Escalade ESV, front 6.2.21" by Kevauto is licensed under BY-SA 4.0. - Original / License

Average 5-year depreciation: 58.5%
Average $ difference from MSRP: $63,885

4. BMW 5 Series (Hybrid)

The BMW 5 Series Hybrid loses almost 59% of its value after 5 years.
©Mohd Syis Zulkipli/Shutterstock.com

Average 5-year depreciation: 58.8%
Average $ difference from MSRP: $37,975

3. Maserati Ghibli

Like its SUV, the Maserati Ghibli loses over 61% of its value after 5 years.
©"Maserati Ghibli" by nakhon100 is licensed under BY 2.0. - Original / License

Average 5-year depreciation: 61.3%
Average $ difference from MSRP: $58,623

2. BMW 7 Series

BMW 7 Series — BMW’s flagship sedan loses more than 61% of its value with depreciation.
©Rutger van der Maar / Creative Commons Attribution 2.0 Generic license - Original / License

Average 5-year depreciation: 61.8%
Average $ difference from MSRP: $72,444

1. Maserati Quattroporte

The worst car on the road for depreciation is the Maserati Quattroporte.
©Fabrizio Annovi/Shutterstock.com

Average 5-year depreciation: 64.5%
Average $ difference from MSRP: $90,588

The image featured at the top of this post is ©Granada / CC BY-SA 4.0.