Navigating the Depreciation Minefield: The Fastest Depreciating Cars of 2025 and What It Means for Your Wallet

Vehicle values are a constant, often surprising, variable for U.S. drivers, impacting financial decisions whether moving into new or used options. While paying off a car can bring a well-deserved sense of freedom, the stark reality is that certain models plummet in value at a rate that can be truly shocking to owners. Understanding this financial erosion, known as depreciation, is paramount for anyone considering a vehicle purchase.

Seth Godwin, a widely recognized personal finance content creator, frequently emphasizes the profound influence cars have on household budgets. He passionately argues that depreciation is a critical factor demanding attention when shopping for a new car. As Godwin bluntly puts it, some models are “taking their owners to the cleaners worse than a bad divorce,” highlighting the severe financial hit unsuspecting buyers can face. It’s a compelling warning that underscores the importance of informed decision-making in the automotive market.

This in-depth analysis will delve into the critical aspect of vehicle depreciation, focusing specifically on the models projected to lose value the fastest in 2025. Leveraging insights from extensive studies, including one by iSeeCars analyzing over 800,000 five-year-old used cars sold between March 2024 and February 2025, we aim to equip you with the knowledge to make smarter choices. Our goal is to shed light on which cars are likely to become used car bargains due to rapid value loss, and crucially, *why* this happens, ensuring you avoid potential financial pitfalls.

1. **Jaguar I-Pace** The Jaguar I-Pace holds the unfortunate distinction of topping the list of fastest depreciating cars, shedding a remarkable 72.2 percent of its value, which translates to an average loss of $51,953 over five years. When it first launched in 2019, the I-Pace was a true innovator, boldly entering the electric SUV market ahead of established luxury competitors like Audi, Mercedes-Benz, and Porsche. It offered a compelling package, priced approximately $10,000 less than a Tesla Model X while providing comparable range estimates, positioning itself as a strong alternative in the nascent luxury EV segment.

Despite its pioneering spirit and competitive initial offerings, the I-Pace never achieved significant sales volumes. This lack of widespread adoption created challenges for its long-term market presence and, consequently, its resale value. The context highlights that “it never sold in big numbers,” which often leads to a weaker demand in the used car market, as fewer potential buyers are familiar with or actively seeking the model.

A significant contributor to the I-Pace’s rapid depreciation is the relentless pace of innovation within the electric vehicle landscape. Battery technology, charging speeds, and overall EV performance have evolved at an extraordinary rate since 2019. Newer models from competitors often boast longer ranges, faster charging capabilities, and more advanced features, making earlier EVs like the I-Pace appear comparatively outdated in a short span of time. This technological obsolescence severely impacts resale desirability.

Furthermore, the I-Pace is no longer in production, and Jaguar itself faces a “precarious market position.” When a model is discontinued, it can signal uncertainty to potential used car buyers regarding future parts availability, service support, and the brand’s overall commitment to the segment. While this scenario might make it an attractive option for those seeking a “good deal on a used I-Pace,” it unequivocally accelerates its depreciation from new.

The combination of pioneering but rapidly superseded technology, limited initial sales, and the brand’s challenging market position has created a perfect storm for the Jaguar I-Pace to experience such a dramatic loss of value. For those in the market for a used luxury EV, the I-Pace presents an opportunity for significant savings, but its journey as a new car owner has been a steep financial descent.

Car Model Information: 2022 Jaguar I-PACE HSE EV400 AWD Automatic
Name: Jaguar I-Pace
Manufacturer: Jaguar Land Rover
Production: 2018–2024
Assembly: Magna Steyr
Designer: Ian Callum
Class: Compact crossover SUV#Luxury vehicles
BodyStyle: coupé SUV
Layout: all-wheel-drive
Platform: Jaguar Land Rover car platforms#D7e
Motor: Permanent magnet synchronous motor
Abbr: on
Transmission: 1-speed direct-drive reduction
Battery: kW·h,Lithium-ion battery
ElectricRange: United States Environmental Protection Agency
Charging: 11kW AC (7.4kW “1-phase/32A only” AC 2018–2020),100 kW DC
Wheelbase: 2990 mm
Length: 4682 mm
Width: ubl
Height: 1565 mm
Weight: 2133 kg
Sp: uk
Categories: 2020s cars, All-wheel-drive vehicles, All accuracy disputes, All articles lacking reliable references, All articles with specifically marked weasel-worded phrases
Summary: The Jaguar I-Pace (stylised as I-PACE) is a battery-electric crossover SUV produced by Jaguar Land Rover (JLR) under their Jaguar marque. The I-Pace was announced in March 2018, European deliveries began in June 2018 and North American deliveries started in October 2018. Amid slowing sales and a change in corporate vision, Jaguar has announced that the I-Pace will be discontinued by 2025.

Get more information about: Jaguar I-Pace

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Brand: Jaguar Model: I-Pace
Price: $34,099 Mileage: 44,699 mi.

“BMW 7 Series E65/E66 White Prior Design 745 Full Body kit and Wheels” by Prior Design NA (priordesignusa.com) is licensed under CC BY 2.0

2. **BMW 7 Series** BMW’s flagship sedan, the 7 Series, is another prominent member of the fastest depreciating club, with owners expecting to lose an average of 67.1 percent of its value, equating to a substantial $65,249, over five years. This significant depreciation isn’t an isolated incident; as Seth Godwin notes, “BMW and ‘Worst of’ lists go hand in hand,” suggesting a consistent trend for the brand’s higher-end models. Luxury sedans like the 7 Series inherently start with a premium price tag, which incorporates top-tier craftsmanship, advanced technology, and the prestige associated with the BMW badge. However, these very attributes often become liabilities as the vehicle ages.

The moment a luxury sedan like the 7 Series is driven off the dealership lot, it immediately sheds a considerable portion of its value, and this depreciation accelerates rapidly within the first few years. The high initial purchase price means that even a moderate percentage loss results in a considerable absolute dollar amount, making it a challenging investment if resale value is a primary concern. A brand-new 7 Series, which can easily exceed $90,000, might see nearly half its value vanish in just three years, as detailed in the context.

A key reason for such rapid value erosion lies in the complexity and associated costs of maintaining these sophisticated machines. Luxury sedans are replete with advanced electronics, high-performance engines, and specialized materials that demand expert and often expensive servicing. As these vehicles accrue miles and age, the likelihood and expense of repairs can skyrocket, particularly once the factory warranty expires. This concern about escalating maintenance and repair costs significantly deters prospective buyers in the used market, further depressing resale prices.

The shifting automotive market landscape also plays a crucial role in the 7 Series’s depreciation. Consumer preferences have steadily moved away from large sedans towards SUVs and crossovers, which offer enhanced utility, a higher driving position, and a perceived increase in safety. This decline in popularity for traditional large luxury sedans translates directly into weaker demand in the used market. Consequently, fewer buyers are willing to pay premium prices for a vehicle type that is increasingly seen as less practical or modern compared to the omnipresent SUV alternatives.

Adding to these challenges, luxury sedans like the 7 Series are frequently leased. This common practice results in a regular influx of relatively new, off-lease vehicles into the used market. This saturation of supply naturally creates downward pressure on prices for all used 7 Series models. The presence of these well-maintained, lower-mileage lease returns intensifies competition among sellers, contributing significantly to the accelerated depreciation rates observed in this segment.

Car Model Information: 2019 Volvo XC90 T6 Inscription
Name: BMW 7 Series
Caption: BMW 7 Series (G11)
Manufacturer: BMW
Production: 1977–present
Class: Full-size car,luxury car
BodyStyle: sedan (car)
Predecessor: BMW New Six
Categories: All articles with dead external links, Articles with dead external links from July 2021, Articles with short description, BMW vehicle series, CS1 Chinese-language sources (zh)
Summary: The BMW 7 Series is a full-size luxury sedan manufactured and marketed by the German automaker BMW since 1977. It is the successor to the BMW E3 “New Six” sedan and is now in its seventh generation. The 7 Series is BMW’s flagship car and is only available in a sedan bodystyle (including long wheelbase and limousine models). It traditionally introduces technologies and exterior design themes before other models in BMW’s lineup. The first generation of the 7 Series was powered by straight-6 petrol engines, and following generations have been powered by inline-4, straight-6, V8 and V12 engines with both natural aspiration and turbocharging. Since 1995, diesel engines have been optional in the 7 Series. Unlike the BMW 3 Series and BMW 5 Series sedans, BMW does not offer a full M model, but once offered an M performance variant, the BMW M760 with its 6.6L V12 (at the time the most powerful BMW ever made, not to be confused with BMW 760 6.6 V12 which does not offer the same performance). The Alpina B7 served as the high-performance variant of the 7 Series.

Get more information about: BMW 7 Series

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Brand: BMW Model: 7 Series
Price: $28,859 Mileage: 43,261 mi.

3. **Tesla Model S** Tesla’s longest-running model, the Model S, secures the third spot on this list of fastest depreciating cars, with an average loss of 65.2 percent of its value, or $52,165, over five years. Initially launched as a groundbreaking luxury electric vehicle in 2012, the Model S captivated early adopters with its impressive range, performance, and advanced technology. However, its long tenure on the market without a major redesign—spanning 13 years—has begun to take a significant toll on its resale value, especially as the EV market matures.

One of the primary drivers of the Model S’s accelerated depreciation is the rapid evolution of electric vehicle technology itself. What was cutting-edge in 2012 or even 2015 is now often surpassed by newer models, including those from Tesla’s own lineup and a growing array of competitors. Advances in battery density, charging speeds, infotainment systems, and driver-assistance features mean that older Model S vehicles quickly feel less advanced compared to the latest offerings. This continuous innovation makes it challenging for any early EV to retain its value against a backdrop of constant improvement.

Furthermore, the competitive landscape for luxury EVs has drastically transformed since the Model S’s debut. In 2012, it was a unique proposition with minimal direct rivals. Today, it faces “stiff competition from many, less problematic car manufacturers,” as the context aptly points out. Legacy automakers and other EV startups have introduced numerous compelling electric sedans and SUVs, providing consumers with a wider range of modern, often more reliable, and technologically updated alternatives. This increased competition naturally drives down the demand and, consequently, the resale value of older Model S units.

The perception of reliability and ownership experience also contributes to depreciation. While Tesla has a loyal following, early models were known for certain quality control issues and repair complexities, which can be a concern for used car buyers. The cost and availability of parts, coupled with specialized service requirements, can make prospective second owners hesitant, especially once the original warranty has expired. These factors contribute to the Model S’s decline in value as it ages.

For potential buyers, the advice is clear: “Don’t waste your money on a new Model S, buy a used one if you must, or get one of the plentitude of superior competitor models.” This sentiment underscores the significant savings available on the used market. It even humorously adds, “Fun fact about the Model S: Donald Trump just allegedly bought one, so it can be added to the long list of his terrible investments,” highlighting the dramatic financial depreciation even high-profile owners may face.

Car Model Information: 2019 Volvo XC90 T6 Inscription
Name: Tesla Model S
ModelYears: 2013–present
Alt: A front-three quarter view of a gray Model S
Caption: #2016–2019: First major update
Designer: Franz von Holzhausen
Weight: cvt
Height: cvt
Width: cvt
Length: cvt
Wheelbase: cvt
ElectricRange: cvt
Battery: kWh,lithium-ion battery
Motor: Unbulleted list
Transmission: Reduction drive
Related: Tesla Model X
Layout: Rear-motor, rear-wheel drive,Dual-motor, all-wheel-drive,Tri-motor, all-wheel-drive layout
BodyStyle: liftback,sedan (automobile)
Class: Full-size car
Assembly: Unbulleted list
Production: June 2012 – present
Manufacturer: Tesla, Inc.
Sp: us
Chassis: Unibody
Categories: 2020s cars, All-wheel-drive vehicles, All Wikipedia articles written in American English, All articles containing potentially dated statements, Articles containing potentially dated statements from 2025
Summary: The Tesla Model S is a battery-electric, four-door full-size car produced by the American automaker Tesla since 2012. The automaker’s second vehicle and longest-produced model, the Model S has been described as one of the most influential electric cars in the industry. Car and Driver named it one of the best cars of the year in 2015 and 2016. Its various accolades include the Motor Trend Car of the Year Award in 2013. Tesla started developing the Model S around 2007 under the codename WhiteStar. Initially, Henrik Fisker was appointed as the lead designer for the WhiteStar project; after a dispute with Elon Musk, Tesla’s CEO, Fisker was replaced by Franz von Holzhausen. By 2008, von Holzhausen had designed what would become the production Model S’s exterior. Tesla unveiled a prototype of the vehicle in March 2009 in Hawthorne, California. In 2010, Tesla acquired a facility in Fremont, California, to produce the Model S, which was previously owned by General Motors and Toyota. Series manufacture of the car officially began at the Tesla Fremont Factory in June 2012. Tesla carried out the final assembly for European markets at its facilities in Tilburg, Netherlands, between 2013 and 2021. The Model S typically uses either one or initially two alternating current induction motors; since 2019, dual-motor versions have used a permanent magnet motor in the front, though the high-performance Model S Plaid’s three motors are permanent magnet units by default. Constructed mostly of aluminum, the Model S shares 30 percent of its components with the Model X—a crossover SUV that was introduced in 2015. The Model S has undergone several updates during its production, the most prominent ones occurring in 2016 and 2021. These updates have usually included modifications to the motor, such as changes to power or torque, revised exterior elements, and refreshed interior features. One such change included the 2015 introduction of Tesla Autopilot—a partial vehicle automation advanced driver-assistance system. In 2015, the Model S was the world’s best-selling plug-in electric vehicle. In 2012, it was included on Time’s list of the Best Inventions of the Year, and the magazine later included it on its list of the 10 Best Gadgets of the 2010s in 2019. In 2014, The Daily Telegraph described the Model S as a “car that changed the world”. Road & Track argued that, with the introduction of the Plaid and features such as the yoke steering wheel, Tesla managed to turn the Model S into “perhaps one of the worst [cars in the world]”.

Get more information about: Tesla Model S

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Brand: Tesla Model: Model S
Price: $28,859 Mileage: 43,261 mi.

Empathy in Law Enforcement — “2022 Infiniti QX80 ProACTIVE 4WD in Anthracite Gray, Front Left, 09-05-2022” by Elise240SX is licensed under CC BY-SA 4.0

4. **Infiniti QX80** The Infiniti QX80, a large and luxurious SUV, claims the fourth spot on our list of fastest depreciating vehicles, losing an average of 65 percent of its value, or $53,571, over five years. This substantial depreciation is characteristic of its segment, where opulent, full-size SUVs often struggle to maintain their initial value in the used market. The QX80, with its commanding presence and plush interior, comes with a high initial price, making the subsequent percentage loss translate into a significant dollar amount.

One of the primary factors contributing to the QX80’s rapid depreciation is the high cost of ownership associated with vehicles of its size and luxury. Fuel consumption is a major concern; these large SUVs typically feature powerful V8 engines that are not known for their fuel efficiency. As fuel prices fluctuate and environmental consciousness grows, the appetite for gas-guzzling vehicles wanes, making them less attractive to used car buyers focused on long-term running costs. This directly impacts demand and, consequently, resale values.

Moreover, the luxury SUV market is fiercely competitive, with new and updated models constantly being introduced by rivals such as Mercedes-Benz, BMW, Lexus, and Cadillac. These competitors often feature newer technology, more refined powertrains, and more contemporary styling, making older models like the QX80 appear outdated more quickly. This intense competition means a saturated market where buyers have numerous appealing alternatives, thereby driving down prices for vehicles like the QX80.

The QX80 shares its platform with the Nissan Armada, which, while faring “slightly better,” still lands at 24th on the broader depreciation list, losing 60 percent of its value, or $33,914, over five years. This comparison highlights a broader trend: even its more mainstream sibling struggles with value retention, indicating that the underlying platform and market positioning contribute to depreciation challenges. The QX80, as a luxury variant, simply magnifies these issues due to its higher initial price point and expectations from luxury buyers.

In essence, the Infiniti QX80 exemplifies the challenges faced by many large luxury SUVs in the depreciation arena. Its combination of high operating costs, stiff competition, and the natural evolution of market preferences for newer, potentially more fuel-efficient, and technologically advanced options leads to a substantial decline in its value over time. For those in the market for a commanding luxury SUV, the QX80 presents a prime opportunity to “find some great deals on used models” due to its rapid value loss.

Car Model Information: 2022 INFINITI QX80 SENSORY
Name: Infiniti QX80
Caption: 2019 Infiniti QX80 (US)
Manufacturer: Nissan
Aka: Infiniti QX56 (2004–2013)
Production: 2004–present
Class: Full-size,luxury SUV
BodyStyle: SUV
Layout: Front-engine, rear-wheel-drive,Front-engine, four-wheel-drive
Predecessor: Nissan Pathfinder#Infiniti QX4
Chassis: Body-on-frame
Categories: 2010s cars, 2020s cars, All-wheel-drive vehicles, All articles with failed verification, All articles with unsourced statements
Summary: The Infiniti QX80 (formerly called the Infiniti QX56 until 2013) is a full-size luxury SUV marketed by Nissan’s luxury division Infiniti since the 2004 model year. The first-generation QX56 was built in the United States and is based on the first-generation Armada. The second-generation model was released in 2010 as a model produced in Japan, which used the sixth-generation Patrol (later also marketed as the second-generation Armada since 2016) as the base vehicle instead. Since the 2014 model year in 2013, the vehicle was renamed to the QX80 as Infiniti renamed their entire product line under a new nomenclature.

Get more information about: Infiniti QX80

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Brand: Infiniti Model: QX80
Price: $56,500 Mileage: 21,265 mi.

Higher Initial Costs — “Maserati Ghibli (1970) (52868371303)” by Charles from Port Chester, New York is licensed under CC BY 2.0

5. **Maserati Ghibli** The Maserati Ghibli, a luxury sedan known for its distinctive Italian flair, unfortunately, is equally notorious for its “appalling resale values,” a trend that shows no signs of changing. It ranks fifth on our list, losing an average of 64.7 percent of its value over five years. However, what truly sets the Ghibli apart in terms of depreciation is the sheer “highest dollar amount lost on this list at $70,874.” This staggering financial blow is primarily due to its “exotic car prices” when new, magnifying the impact of its percentage depreciation.

Seth Godwin, the personal finance content creator, minces no words when discussing the Ghibli’s initial purchase: “Why anyone buys a Maserati is beyond me,” he states, further adding, “But to buy one brand new takes a level of straight-up ignorance I can’t comprehend.” These strong words underscore the profound financial misstep he believes a new Ghibli purchase represents, directly attributing the massive dollar loss to the vehicle’s exorbitant starting price and its inability to retain that value.

The reasons for the Ghibli’s severe depreciation are multifaceted. As a luxury performance sedan, it competes in a segment where rapid technological advancements and evolving design trends quickly render older models less desirable. Buyers seeking a new luxury vehicle often prioritize the latest features and styling, leaving previous iterations vulnerable to significant value drops. The Ghibli’s position as a premium, yet not always cutting-edge, offering can exacerbate this issue.

Moreover, the perception of reliability and the high cost of ownership for Italian exotics also play a significant role. Maserati vehicles, while alluring, can be associated with higher maintenance costs and more specialized servicing requirements compared to mass-market luxury brands. This can deter used car buyers who are wary of potential long-term expenses, contributing to a smaller pool of interested buyers and, consequently, lower resale prices.

Despite the bleak outlook for new Ghibli owners, the depreciation creates a unique opportunity in the used car market. As the context suggests, “if you’re brave enough to buy a used Italian exotic, then you will find great deals on used Ghiblis.” This highlights a silver lining: for enthusiasts or those seeking a taste of luxury at a significantly reduced price, the Ghibli’s rapid depreciation makes it an intriguing, albeit potentially adventurous, secondhand purchase. The initial “rough” investment for original owners becomes a bargain for the informed used car shopper.

As we continue our exploration of vehicles that rapidly shed their value, it becomes clear that while some trends are universal, each model faces unique challenges in the battle against depreciation. Understanding these individual stories is key for any savvy car buyer aiming to make an informed decision, whether you’re looking for a new car or hoping to snag a bargain in the used market. Our focus now shifts to the next five models on the fastest depreciating list, revealing further nuances in why certain vehicles become financial liabilities for their initial owners.

Car Model Information: 2018 Maserati Ghibli Base
Name: Maserati Ghibli
Caption: 2018 Maserati Ghibli GranLusso
Manufacturer: Maserati
Assembly: Modena,Grugliasco,Turin
Class: Grand tourer,Executive car
BodyStyle: fastback,coupé,Roadster (automobile),Sedan (automobile)
Production: AM115: 1967–1973,AM336: 1992–1998,M157: 2013–2023
Categories: 1970s cars, 1990s cars, 2010s cars, Articles with short description, CS1 Italian-language sources (it)
Summary: Maserati Ghibli is the name of three different cars produced by Italian automobile manufacturer Maserati: the AM115, a V8 grand tourer from 1967 to 1973; the AM336, a V6 twin-turbocharged coupé from 1992 to 1998; and the M157, an executive saloon from 2013 to 2023. Ghibli is the Libyan Arabic name for the hot dry south-westerly wind of the Libyan desert.

Get more information about: Maserati Ghibli

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Brand: Maserati Model: Ghibli
Price: $14,980 Mileage: 66,162 mi.

6. **BMW 5 Series** The BMW 5 Series, particularly its hybrid variant, also finds itself on the list of fastest depreciating cars, with the hybrid model shedding an average of 64.7 percent of its value, or $47,457, over five years. While the rest of the 5 Series line fares somewhat better, it still ranks as the 13th fastest depreciator overall, a testament to the brand’s consistent presence on these ‘worst of’ lists, as Seth Godwin has pointed out regarding BMWs. This significant value loss underscores the financial reality for owners of these sophisticated executive sedans.

A core reason for the 5 Series’ depreciation, similar to its larger sibling the 7 Series, is its position as a luxury sedan with a high initial price tag. While these cars offer premium craftsmanship and advanced technology when new, these very attributes contribute to their rapid value decline in the used market. The substantial upfront investment means that even a percentage loss translates into a considerable sum, making the long-term financial outlook challenging for new buyers.

The complexity and associated maintenance costs of modern BMWs are another significant factor. These vehicles are packed with intricate electronics, specialized components, and performance-tuned engines that demand expert and often expensive servicing. As the cars age beyond their initial warranty periods, potential repair bills become a major deterrent for used car buyers, leading to a diminished demand and lower resale prices compared to their initial worth.

Furthermore, the automotive market’s shift away from traditional sedans toward SUVs and crossovers impacts the 5 Series. While it remains a benchmark for driving dynamics, many consumers now prioritize the utility, higher driving position, and perceived safety benefits of SUVs. This evolving preference reduces the pool of buyers actively seeking mid-size luxury sedans in the used market, intensifying the depreciation pressure.

Despite these challenges, the rapid depreciation of the 5 Series presents a unique opportunity for driving enthusiasts on a budget. Used 5 Series models can become impressively affordable, sometimes even cheaper than comparable 3 Series models of the same vintage and powertrain. For those who appreciate BMW’s engineering and performance but want to avoid the new car premium, a pre-owned 5 Series can represent a significant value proposition.

Car Model Information: 2019 Volvo XC90 T6 Inscription
Name: BMW 5 Series
Manufacturer: BMW
Production: 1972–present
Class: Executive car
BodyStyle: Sedan (automobile)
Layout: Front-engine, rear-wheel-drive,Front-engine, all-wheel-drive
Predecessor: BMW New Class
Categories: 1980s cars, 1990s cars, 2000s cars, 2010s cars, 2020s cars
Summary: The BMW 5 Series is an executive car manufactured and marketed by BMW since 1972. It is the successor to the BMW New Class sedans and is currently in its eighth generation. The car is sold as either a sedan or, since 1991, a station wagon (marketed as “Touring”). A 5-door fastback (marketed as “Gran Turismo”) was sold between 2009 and 2017. Each successive generation has been given an internal G-code designation since 2017. Previously, a F-code designation was used between 2010 and 2016, while an E-code designation was used between 1972 and 2010. These are used to distinguish each model and generation from each other. The first generation of the 5 Series was powered by naturally aspirated four-cylinder and six-cylinder petrol engines. Following generations have been powered by four-cylinder, six-cylinder, V8 and V10 engines that are either naturally aspirated or turbocharged. Since 1982, diesel engines have been included in the 5 Series range. The 5 Series is BMW’s second-best-selling model after the 3 Series. On 29 January 2008, the 5 millionth 5 Series was manufactured, a 530d sedan in Carbon Black Metallic. It is BMW’s oldest nameplate still in production and the first model line to use “Series” in the name, debuting the three-digit model naming convention still used today. Since the E28, all generations of 5 Series have included an “M” model, called the BMW M5.

Get more information about: BMW 5 Series

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Brand: BMW Model: 5 Series
Price: $28,859 Mileage: 43,261 mi.

7. **Nissan Leaf** The Nissan Leaf holds a distinctive position on this list as the only non-luxury car, yet it still suffers from substantial depreciation, losing an average of 64.1 percent of its value, or $18,043, over five years. This demonstrates that rapid depreciation isn’t exclusively a luxury car problem; electric vehicles, regardless of their segment, face unique challenges in value retention due to the incredibly fast pace of technological advancement in the EV sector.

The primary driver of the Leaf’s significant value loss is the relentless innovation in electric vehicle technology. As one of the earliest mass-market EVs, older Leaf models often featured limited range and slower charging capabilities compared to today’s standards. Newer EVs from various manufacturers continually push the boundaries of battery density, range, and charging speeds, making older models like the Leaf appear technologically outdated in a relatively short timeframe.

Another critical concern for used Leaf buyers is battery health and potential degradation. Electric vehicle batteries are expensive components, and the lifespan and performance of older battery packs can be a major worry for second owners. The context highlights the importance of checking for battery health when considering a used Leaf, as degradation can significantly impact a vehicle’s usability and overall value, pushing down resale prices.

Government incentives, while beneficial for new EV buyers, also play a role in depressing used EV prices. New Leafs often qualified for tax credits and rebates, effectively reducing their purchase price. These incentives typically do not apply to the used market, creating a significant price gap between new and slightly used models. This disparity encourages buyers to opt for new incentivized vehicles, thus accelerating the depreciation of existing used inventory.

While new Leafs can be found with attractive deals, the used market offers even steeper discounts, making them an accessible entry point into EV ownership. However, prospective buyers must be acutely aware of the battery health considerations. The Leaf exemplifies how the rapid evolution of EV technology, combined with battery concerns and incentive structures, can lead to substantial value loss even for non-luxury electric vehicles.

Car Model Information: 2018 Nissan Titan SV
Name: Nissan Leaf
Caption: A second generation Nissan Leaf
Manufacturer: Nissan
Production: October 2010 – present
ModelYears: 2011–present
Class: Unbulleted list
BodyStyle: Unbulleted list
Layout: Front-engine, front-wheel-drive layout
Predecessor: Unbulleted list
Categories: 2020s cars, All articles containing potentially dated statements, All articles with dead external links, Articles containing Japanese-language text, Articles containing potentially dated statements from December 2015
Summary: The Nissan Leaf is a battery-electric car manufactured by Nissan, produced since 2010. It was offered exclusively as a 5-door hatchback until 2025, which since then has become a crossover SUV model. The term “LEAF” serves as a backronym to leading environmentally-friendly affordable family car. The Leaf was unveiled on 1 August 2009 as the world’s first mass market electric and zero-emission vehicle. Among other awards and recognition, it received the 2010 Green Car Vision Award, the 2011 European Car of the Year, the 2011 World Car of the Year, and the 2011–2012 Car of the Year Japan. The Leaf’s range on a full charge has been steadily increased from 117 km (73 miles) to 364 km (226 miles) (EPA rated) by the use of larger battery packs and several minor improvements. As of September 2021, European sales totalled more than 208,000, and as of December 2021, over 165,000 had been sold in the U.S., and 157,000 in Japan. Global sales across both generations totalled 577,000 by February 2022. The Leaf was the world’s all-time top selling plug-in electric car until it was surpassed in early 2020 by the Tesla Model 3.

Get more information about: Nissan Leaf

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Brand: Nissan Model: Leaf
Price: $22,685 Mileage: 89,835 mi.

8. **Maserati Levante** Maserati’s presence on depreciation lists is, unfortunately, a consistent theme, and the Levante SUV is no exception. This luxury SUV sheds an average of 63.7 percent of its value over five years, translating to a substantial loss of $64,991. The brand’s reputation for significant depreciation, as observed with the Ghibli, extends to its SUV offerings, making the Levante a challenging investment for new car buyers.

The high initial purchase price of the Maserati Levante is a primary factor in its dramatic dollar loss, even if its percentage depreciation is slightly less than some others. As an Italian luxury performance SUV, it starts at an ‘exotic car price,’ which means any percentage drop results in a significant financial hit. New buyers are paying a premium for brand cachet and performance, but the used market often does not value these attributes to the same degree as for a brand-new vehicle.

The Levante, like other Maseratis, faces challenges relating to brand reputation and perceived long-term reliability. While undeniably stylish and performance-oriented, Italian exotics are often associated with higher maintenance costs and specialized servicing requirements. This can deter potential used car buyers who are wary of expensive out-of-warranty repairs and the limited network of service centers, contributing to reduced demand and lower resale values.

Adding to its depreciation woes, Maserati has ended production of the Levante. When a model is discontinued, it can signal uncertainty to the market regarding future parts availability and ongoing support, which naturally impacts resale desirability. While there might still be some new examples available on dealership lots, the cessation of production typically accelerates the depreciation of existing models, both new and used.

For adventurous buyers, however, the Levante’s rapid depreciation makes it a potentially enticing used car proposition. As the context suggests, “if you’re brave enough to buy a used Italian car,” there are “plenty of deals on used Levantes.” This means that those willing to navigate the complexities of owning a pre-owned exotic can acquire a stylish and powerful luxury SUV at a fraction of its original price, absorbing the ‘rough’ investment that the original owner endured.

Car Model Information: 2017 Maserati Levante S
Name: Maserati Levante
Caption: 2016 Maserati Levante S (Europe, pre-facelift)
Manufacturer: Maserati
Production: May 2016–2024
ModelYears: 2017–2024
Assembly: Turin
Designer: Centro Stile Maserati
Class: Mid-size crossover SUV#Luxury vehicles
BodyStyle: Sport utility vehicle
Layout: F4 layout
Platform: Maserati M156 platform
Related: Maserati Ghibli (M157),Maserati Quattroporte VI
Engine: unbulleted list
Motor: eBooster 48V (eTorque)
Transmission: ZF Friedrichshafen,ZF 8HP transmission,Automatic transmission
Drivetrain: Mild hybrid
Wheelbase: 3004 mm
Abbr: on
Length: 5003 mm
Width: 1968 mm
Height: 1679 mm
Weight: convert
Sp: uk
Categories: All-wheel-drive vehicles, Articles with short description, Cars introduced in 2016, Luxury crossover sport utility vehicles, Luxury sport utility vehicles
Summary: The Maserati Levante (Tipo M161) is an executive crossover SUV produced by Italian manufacturer Maserati at the Mirafiori factory in Turin from 2016. The Levante went on sale in Europe in May 2016, and in North America in September 2016. Production of the Levante ended in 2024, commemorated with the release of a top-spec 424BHP special edition. The Levante was named after a warm, easterly wind that blows in the western Mediterranean Sea, southern France, down to the Strait of Gibraltar. The name of the wind, in turn, comes from the Latin word “levare”, which means “to rise”. Its design is based on the Kubang concept car that debuted at the 2011 Frankfurt Auto Show.

Get more information about: Maserati Levante

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Brand: Maserati Model: Levante
Price: $19,988 Mileage: 54,539 mi.

9. **Tesla Model X** The Tesla Model X, another electric vehicle from a pioneering brand, ranks ninth on the list of fastest depreciating cars, losing 63.4 percent of its value, which amounts to an average loss of $53,846 over five years. Despite its innovative ‘falcon wing’ doors and early market dominance, the Model X, much like the Model S, is now facing the consequences of rapid technological evolution and increased competition in the EV segment.

A significant contributor to the Model X’s value decline is its long tenure on the market with only minor updates for ten years. In the fast-paced world of electric vehicles, a decade without a major redesign means that the Model X, once a technological marvel, now contends with many “better, more reliable options on the market nowadays.” This stagnation in innovation against a backdrop of continuous advancements from rivals makes older Model X units less appealing to buyers seeking the latest and greatest.

The competitive landscape for luxury EVs has drastically intensified since the Model X’s debut. What was once a unique offering now faces a plethora of sophisticated electric SUVs and crossovers from both legacy automakers and newer brands. This increased market saturation provides consumers with a wider array of modern, often more refined, and technologically updated alternatives, inevitably driving down demand and, consequently, the resale value of older Model X vehicles.

Ownership experience and perception of reliability also factor into the Model X’s depreciation. While Tesla vehicles offer impressive performance and advanced features, early models were not immune to quality control issues. Concerns about potential repair costs, particularly for complex components like the falcon wing doors and specialized EV systems, can make prospective second owners hesitant, especially once the original warranty has expired.

The advice for potential buyers is succinct: “Avoid the Model X for a win-win.” This suggests that considering the significant depreciation and the availability of superior alternatives, it might be more prudent to look elsewhere. The Model X stands as a stark reminder that even innovative, high-tech vehicles can suffer substantial value loss when the market evolves faster than the product.

Car Model Information: 2019 Volvo XC90 T6 Inscription
Name: Tesla Model X
Manufacturer: Tesla, Inc.
Production: 2015–present
Assembly: unbulleted list
Designer: Franz von Holzhausen
Class: Crossover (automobile)
BodyStyle: 5-door SUV
Layout: unbulleted list
Doors: unbulleted list
Related: Tesla Model S
Motor: unbulleted list
Title: Discontinued
Transmission: unbulleted list
Battery: unbulleted list
ElectricRange: FTP-75
Wheelbase: cvt
Length: cvt
Width: cvt
Height: cvt
Weight: unbulleted list
Sp: us
Categories: 2020s cars, All Wikipedia articles in need of updating, All Wikipedia articles written in American English, All articles containing potentially dated statements, All articles lacking reliable references
Summary: The Tesla Model X is a battery electric mid-size luxury crossover SUV built by Tesla, Inc. since 2015. Developed from the full-sized sedan platform of the Tesla Model S, the vehicle uses distinctive falcon wing doors for rear passenger access. The Model X has an EPA size class as an SUV, and shares around 30 percent of its content with the Model S, half of the originally planned 60 percent, and weighs about 10 percent more. Both the Model X and Model S are produced at the Tesla Factory in Fremont, California. The prototype was unveiled at Tesla’s design studios in Hawthorne, California, on February 9, 2012. First deliveries of the Model X began in September 2015. After one full year on the market, in 2016, the Model X ranked seventh among the world’s best-selling plug-in cars. A refresh of the Tesla Model X was introduced in 2021, offering a new “Plaid” performance model, along with a revised interior, powertrain, and suspension.Another update of the Model X was introduced in June 2025 with a new front bumper camera, new wheel designs, increased third-row space, dynamic ambient lighting, and adaptive headlights. The updates are similar to the Model S, which was updated at the same time. As of July 2025, the Model X is available as a Long-Range version with an estimated EPA range of 352 miles (566 km) and a high performance “Plaid” version with an estimated EPA range of 335 miles (539 km).

Get more information about: Tesla Model X

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Brand: Tesla Model: Model X
Price: $28,859 Mileage: 43,261 mi.

Cadillac Escalade (Standard-length) — File:2018 Cadillac Escalade ESV Platinum front 4.6.19.jpg – Wikimedia Commons, Photo by wikimedia.org, is licensed under CC BY-SA 4.0

10. **Cadillac Escalade ESV** Rounding out our list at number 10 is the Cadillac Escalade ESV, or Escalade Stretch Vehicle, which loses an average of 62.9 percent of its original value after five years, equating to a substantial $56,996 loss. This makes it the fastest depreciating large SUV on the list, a segment often known for significant value erosion despite its luxury positioning and commanding presence.

The high initial purchase price of the Escalade ESV is a major factor in its considerable dollar depreciation. As a top-tier luxury SUV, it commands a premium when new, reflecting its opulent features and sheer size. However, this high starting point ensures that even a moderate percentage loss translates into a significant financial impact, making it a challenging investment if resale value is a primary concern for the original buyer.

Operating costs also weigh heavily on the Escalade ESV’s depreciation. These large, V8-powered SUVs are not known for their fuel efficiency, which becomes an increasing deterrent for used car buyers as fuel prices fluctuate and environmental consciousness grows. The cost of maintenance and repairs for such a sophisticated luxury vehicle can also be substantial, further dampening its appeal in the secondhand market once warranties expire.

The Escalade ESV operates in a fiercely competitive luxury SUV market. Newer models from rivals, as well as the standard-length Escalade (which ranks 16th), constantly offer updated technology, more refined powertrains, and contemporary styling. This constant influx of fresh alternatives creates a saturated market where older models quickly lose their desirability and, consequently, their value.

For those in the market for a large luxury SUV, the rapid depreciation of the Escalade ESV presents a compelling opportunity. The context explicitly states, “If you’re looking for a good deal on an Escalade, buy one used.” This underscores the significant savings available for buyers willing to navigate the used market, allowing them to acquire a flagship luxury SUV at a considerably reduced price compared to its initial sticker.

Car Model Information: 2019 Volvo XC90 T6 Inscription
Name: Cadillac Escalade
Caption: Fifth generation Cadillac Escalade
Manufacturer: Cadillac
Production: 1998–present,2002–present (ESV),2001–2013 (EXT),2008–2013 (Hybrid)
ModelYears: 1999–2000,2002–present
Class: Full-size,luxury car,sport utility vehicle
Related: ubl
Layout: Front-engine, rear-wheel drive layout,Front-engine, four-wheel drive layout
Categories: 2000s cars, 2010s cars, 2020s cars, All-wheel-drive vehicles, All Wikipedia articles in need of updating
Summary: The Cadillac Escalade is a full-size luxury SUV manufactured by General Motors and marketed by Cadillac as its first major entry into the SUV market. The Escalade was introduced for the 1999 model year in response to an influx of new luxury SUVs in the late 1990s including the Mercedes-Benz M-Class, Range Rover, Lexus LX, and Ford’s 1998 debut of the Lincoln Navigator. The Escalade project went into production only ten months after it was approved. The Escalade is built in Arlington, Texas. The term “escalade” refers to a siege warfare tactic of scaling defensive walls or ramparts with the aid of ladders or siege towers. More generally, it is a French word which is the noun-equivalent form of the French verb escalader, which means “to climb or scale”. The Escalade is currently sold in North America and select international markets (Europe and Asia) where Cadillac has official sales channels. The Escalade ESV (Escalade Stretch Vehicle) is sold in North America, Russia, and the Middle East, but is only available by special order in some international markets. The right-hand-drive Escalade and Escalade ESV are available through third-party conversion specialists without official agreement with Cadillac in Australian, Oceanic, and Japanese markets. On August 8, 2023, GM presented the Escalade IQ, an all-electric version of the Escalade, and the third model in Cadillac’s EV line, after the Celestiq, and Lyriq. It is expected to go on sale in late 2024 for the 2025 model year, with a starting price of $130,000. The Escalade has gone through five generations, the most recent (the fifth) prsented in 2021, noted for its technology and self-driving capability. The fifth generation Escalade is nearly two metres high, and was criticized by The Verge for its excessive size and hazard to pedestrians.

Get more information about: Cadillac Escalade

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Brand: Cadillac Model: Escalade ESV
Price: $28,859 Mileage: 43,261 mi.

Understanding the forces behind vehicle depreciation is more than just an academic exercise; it’s a critical component of smart financial planning for any car owner or prospective buyer. From the cutting-edge but rapidly outdated electric vehicles to the opulent yet quickly devalued luxury sedans and SUVs, the patterns are clear. While buying new can offer the latest features and a pristine experience, the financial reality for many of these models is a steep and swift decline in value. For the astute consumer, this depreciation represents a golden opportunity in the used market. These insights empower you to make choices that align with your budget and financial goals, turning what for some is a significant loss into a substantial gain for others. Remember, knowledge is your most powerful tool in navigating the complex world of automotive values, ensuring that your next vehicle purchase is as financially sound as it is satisfying.