Analyzing the Top 10 Cars with the Highest 5-Year Depreciation (2023)

The automotive industry is a dynamic landscape where vehicle values evolve over time. A recent iSeeCars study has shed light on the vehicles that experience the most substantial depreciation over a five-year period, unveiling insights into the models that lose their value most significantly. Here’s an in-depth analysis of the top 10 vehicles with the highest 5-year depreciation, revealing the average depreciation percentages and the average dollar difference from the Manufacturer's Suggested Retail Price (MSRP).

It's important to note that these figures are based on averages and may vary depending on several factors, such as the vehicle's condition, mileage, and location. Still, this list can provide a good starting point for researching and comparing vehicles based on their estimated depreciation rates over five years of ownership.

Here is the list of top 10 vehicles with the highest 5-year depreciation rates, according to the latest iSeeCars study:

1. Maserati Quattroporte: Topping the list, the Maserati Quattroporte faces the highest depreciation at 64.5%, resulting in an average reduction of $90,588 from its initial price.

2. BMW 7 Series: Depreciating at 61.8%, the BMW 7 Series encounters an average decrease of $72,444 from its original MSRP.

3. Maserati Ghibli: The Maserati Ghibli stands out with a 61.3% depreciation rate, translating to an average difference of $58,623 from its initial price.

Top 10 Cars with the Highest 5-Year Depreciation (2023, iSeeCars Study)
Rank	Model	Avg 5-Yr Depreciation	Avg $ Difference from MSRP
#1	Maserati Quattroporte Luxury sedan	64.5%	$90,588
#2	BMW 7 SeriesLuxury sedan	61.8%	$72,444
#3	Maserati GhibliLuxury sport sedan	61.3%	$58,623
#4	BMW 5 SeriesLuxury sedan	58.8%	$37,975
#5	Cadillac Escalade ESVLuxury Full-Size SUV	58.5%	$63,885
#6	BMW X5Mid-size luxury SUV	58.5%	$44,828
#7	Infiniti QX80Full-size 3-row luxury SUV	58.1%	$47,399
#8	Maserati LevanteLuxury sedan	57.8%	$55,858
#9	Jaguar XFLuxury SUV	57.6%	$39, 720
#10	Audi A7Luxury Sportback	57.2%	$48,917

4. BMW 5 Series (hybrid): At 58.8% depreciation, the BMW 5 Series (hybrid) averages a $37,975 decrease from its MSRP.

5. Cadillac Escalade ESV: This large luxury SUV depreciates by 58.5%, equating to an average difference of $63,885 from its original price.

6. BMW X5: Experiencing a 58.2% depreciation rate, the BMW X5 records an average drop of $44,828 from its original MSRP.

7. Infiniti QX80: Depreciating at 58.1%, the Infiniti QX80 incurs an average loss of $47,399 from its initial price.

8. Maserati Levante: The Maserati Levante ranks at 57.8% depreciation, resulting in an average difference from the MSRP of $55,858.

9. Jaguar XF: With a 57.6% depreciation rate, the Jaguar XF sees an average value drop of $39,720 from its original price.

10. Audi A7: This luxury vehicle experiences a 57.2% depreciation over five years, amounting to an average difference from MSRP of $48,917.

These figures underline the significant financial implications associated with vehicle depreciation. Luxury brands dominate this list, showcasing how high-end vehicles tend to experience more substantial depreciation compared to their mass-market counterparts.

Factors contributing to this depreciation trend include higher initial purchase prices, which inherently result in more significant absolute losses over time. Additionally, the luxury vehicle market is often subject to rapid technological advancements and changing consumer preferences, rendering older models less desirable and impacting their resale value.

Buyers of these high-depreciation vehicles should consider the long-term financial implications of their purchases. While the allure of luxury and performance is compelling, it's essential to weigh the potential depreciation against the pleasure derived from owning these vehicles.

For potential buyers interested in these models, purchasing slightly used vehicles might offer substantial savings. The significant depreciation already experienced by these cars might make them more financially appealing in the pre-owned market.

Understanding the depreciation rates of specific vehicle models can empower consumers to make informed decisions when buying cars. It's essential to consider not just the initial cost but also the potential depreciation over time to make the most prudent financial choice.