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

Vehicle depreciation is a critical factor to consider when making a car purchase, impacting the long-term value of your investment. The latest iSeeCars study has unveiled a list of vehicles that retain their value remarkably well over a five-year period. Here’s a closer look at the top 10 vehicles with the lowest 5-year depreciation rates, showcasing their 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 lowest 5-year depreciation rates, according to the latest iSeeCars study:

1. Porsche 911: Topping the list, the Porsche 911 boasts the lowest depreciation at 9.3%, with an average reduction of $18,094 from its initial price.

2. Porsche 718 Cayman: This luxury sports car experiences a 17.6% depreciation rate, resulting in an average loss of $13,372 from its MSRP over five years.

3. Toyota Tacoma: The Toyota Tacoma sustains a 20.4% depreciation rate, resulting in an average decrease of $8,359 from its initial price.

Top 10 Cars with the Lowest 5-Year Depreciation (2023, iSeeCars Study)
Rank	Model	Avg 5-Yr Depreciation	Avg $ Difference from MSRP
#1	Porsche 911 Luxury sports car	9.3%	$18,094
#2	Porsche 718 CaymanLuxury sports car	17.6%	$13,372
#3	Toyota TacomaPickup truck	20.4%	$8,359
#4	Jeep Wrangler4x4 SUV	20.8%	$8,951
#5	Honda CivicCompact car	21.5%	$5,817
#6	Subaru BRZSports car	23.4%	$8,114
#7	Chevrolet CamaroSports car	24.2%	$10,161
#8	Toyota C-HRSubcompact SUV	24.4%	$6,692
#9	Subaru CrosstrekCompact SUV	24.5%	$7,214
#10	Toyota CorollaCompact car	24.5%	$5,800

4. Jeep Wrangler: Depreciating at 20.8%, the Jeep Wrangler records an average drop of $8,951 from its original MSRP.

5. Honda Civic: The Honda Civic maintains its value well with a 21.5% depreciation rate, averaging a $5,817 decrease from its initial price.

6. Subaru BRZ: At 23.4% depreciation, the Subaru BRZ encounters an average reduction of $8,114 from its MSRP over five years.

7. Chevrolet Camaro: This sporty Chevrolet model faces a 24.2% depreciation rate, amounting to an average decrease of $10,161 from its original price.

8. Toyota C-HR: Depreciating at 24.4%, the Toyota C-HR sustains an average drop of $6,692 from its initial MSRP.

9. Subaru Crosstrek: The Subaru Crosstrek also records a 24.5% depreciation rate, resulting in an average loss of $7,214 from its original price.

10. Toyota Corolla: With a 24.5% depreciation rate, the Toyota Corolla experiences an average difference from MSRP of $5,800 over five years.

These vehicles stand out for their exceptional ability to retain value, offering buyers the advantage of minimal depreciation over time. Notably, this list features a diverse range of vehicles, from practical daily drivers to high-performance sports cars.

Factors contributing to these low depreciation rates include strong brand reputation, high demand in the resale market, durability, and quality. Vehicles like the Toyota Tacoma and Jeep Wrangler, known for their reliability and off-road capabilities, sustain their value due to consistent demand from consumers seeking rugged utility.

Luxury sports cars like the Porsche 718 Cayman and Porsche 911 exhibit remarkably low depreciation rates owing to their prestigious brand image, high-performance capabilities, and limited production numbers, which create exclusivity and sustained demand.

For prospective car buyers, these vehicles present promising options in terms of long-term value retention. Investing in cars with lower depreciation rates can be financially advantageous, offering potential savings and minimizing the overall cost of ownership.

Understanding the depreciation rates of specific vehicle models provides valuable insights for consumers, enabling them to make informed decisions aligned with their budget and long-term investment goals when purchasing a vehicle.