CarPro News | CarPro

Used Cars That Hold Their Value The Most and Least

Written by CarPro | Nov 16, 2022 6:07:08 PM

If you're looking for the vehicle that holds its value the most - look no further than the Jeep Wrangler. According to the latest iSeeCars data, it remains the best vehicle for holding its value. 

Overall, iSeeCars says used cars have never held the residual value better with both 5-year and 3-year depreciation rates hitting unprecedented levels.  The five-year depreciation for new cars drops from 40 percent in 2021 to just 33 percent in 2022.  This is attributable to the impact pandemic-related supply chain disruptions are having on new vehicle and used vehicle pricing as well as retained value rates.

Check out these stats from iSeeCars:

  • Three-year depreciation shows a mere 17 percent decline in value, the smallest drop on record, with some used models, such as the Porsche 911, actually appreciating in value above its original MSRP
  • Fuel efficient cars, including hybrid vehicles, small cars, small SUVs, and midsize cars, held their value the best, reflecting ongoing spikes in gas prices.
  • Large luxury cars lose the most value, including the BMW 7 Series, Maserati Ghibli, and Jaguar XF

iSeeCars analyzed over three million three-year-old and five-year-old used cars sold in 2022 in its latest study. Researchers found the average five-year-old car lost only 33.3 percent of its value from MSRP. Compared to 2021, that represents a 17.0 percent decrease in depreciation. 

Vehicles that Depreciated the Least in Five Years

The average five-year depreciation in 2022 is 33.3 percent, with the best cars for retained value over the past five years listed below.

Top 10 Vehicles with the Lowest Five-Year Depreciation - iSeeCars Study
Rank Model Average 5-Year Depreciation Avg $ Difference from MSRP 
1 Jeep Wrangler 7.3% $2,361
2 Jeep Wrangler Unlimited 8.7% $3,344
3 Porsche 911 14.6% $20,634
4 Toyota Tacoma 14.9% $5,926
5 Honda Civic 16.3% $4,237
6 Subaru BRZ 18.2% $5,985
7 Ford Mustang 19.4% $7,528
8 Toyota Corolla 19.8% $4,617
9 Nissan Versa 19.9% $3,183
10 Chevrolet Camaro 20.2% $7,981
National Average  33.3% $14,049
 

Vehicles that Depreciated the Most in 5 Years 

Here's a look at the vehicles you'll want to steer clear from if you're concerned about depreciation.

Top 10 Vehicles with the Highest Five-Year Depreciation - iSeeCars Study

Rank

Model

Depreciation

Avg $ Difference from MSRP 

1

BMW 7 Series 

56.9%

$61,923

2

Maserati Ghibli

56.3%

$51,168

3

Jaguar XF

54.0%

$36,081

4

INFINITI QX80

52.6%

$44,265

5

Cadillac Escalade ESV

52.3%

$55,128

6

Mercedes-Benz S-Class

51.9%

$65,375

7

Lincoln Navigator

51.9%

$41,426

8

Audi A6

51.5%

$33,331

9

Volvo S90

51.4%

$32,321

10

Ford Expedition

50.7%

$32,674

National Average 

33.3%

$14,049

 

For a look at the vehicles with with the lowest three-year depreciation rates and vehicle depreciation rates by segment, click here to visit the iSeeCars website.

 

Used Vehicles Worth More than their New MSRP

Finally, a look at vehicles that are actually going the other direction -- and that is, up in value.

Used Vehicles Worth More than their New MSRP - iSeeCars Study
Rank Model Appreciation Avg $ Increase from MSRP  
1 Porsche 911 +5.7% +$11,373
2 Toyota RAV4 Hybrid -+2.5% +$883
3 Jeep Wrangler Unlimited +2.0% +$880
4 Porsche 718 Cayman +1.8% +$1,342
5 Jeep Wrangler +0.3% +$90

Source: iSeeCars.

Photo Credit: Olivier Le Moal/Shutterstock.com.
View full post