These Are The Fastest Depreciating Cars You Can Buy Right Now

Study

Unsurprisingly, most of them are luxury models.

If you’re in the market for a used car, iSeeCars.com has compiled a handy list of the top ten cars with the highest depreciation rates after three years. With car loan rates increasing, buying a used car that’s only a few years old is a smart option. According to iSeeCars.com, the average vehicle depreciates 35 percent after three years, but this can vary depending on the make and model. The highest-depreciating vehicles lose between 46 and 52 percent of their value.

More than 4.1 million car sales were analyzed to identify models with the greatest loss in value after three years. Unsurprisingly, most models with the highest depreciation list are luxury cars. “Luxury brands are known for depreciating at a higher rate because they are often leased to keep monthly payments down, which lowers the demand for these vehicles in the used car market,” said iSeeCars CEO Phong Ly. “While some luxury models tend to quickly lose a lot of their value, they still don’t drop in price enough to attract used car buyers who may be reluctant to pay the premium for high-end trims and technological features.”

Related:
Ford Decides To Kill All Cars Apart From Mustang And Focus Active
Ford Decides To Kill All Cars Apart From Mustang And Focus Active
You Can Now Wirelessly Charge A BMW 5 Series
You Can Now Wirelessly Charge A BMW 5 Series

Topping the list is the BMW 5 Series, which depreciated 52.6 percent and 1.5 times more than average in three years. As a result, the average price for a used three-year old 5 Series is just $30,846. Other luxury models with the highest depreciation rates include the Mercedes E-Class (49.9%) BMW 3 Series (49.8%), and Audi A3 (47.9%). The Audi A3 was the most affordable luxury car on the list, with an average selling price of $21,120. The second highest-depreciating car is the Volkswagen Passat, which loses 50.7 percent of its value in three years and has an average selling price of $14,906 in the used car market.

Close behind the Passat is the Ford Taurus, which loses 49.7% of its original purchase price. Considering Ford will no longer be selling the Taurus in America, its value should plummet even further in the next few years. Falling behind the Taurus is the discontinued Chrysler 200 at 48.4% and an average cost of $14,011, and the Volkswagen Jetta, which has a depreciation rate of 48.1% and an average selling price of $13,157. While most of the highest depreciating cars that made the list are sedans, SUVs and crossovers can lose their value fast too. Only two made the top ten list: the Cadillac SRX (47.2%) and Buick Enclave (46.8%).

“Two luxury crossover SUVs, the Cadillac SRX and the Buick Enclave, make the otherwise car-dominated list in the ninth and tenth spots making them attractive options for people interested in this booming vehicle segment,” said Ly. “Trucks and truck-based SUVs are known for having the highest value retention, which explains why these vehicle types are absent from the top 10 list. Trucks as a vehicle category depreciate 23.3 percent in three years, which is two-thirds of the 35 percent average across all vehicle segments.”

Watch The BMW M2 Competition Lap The Ring In 7:52

That was supercar territory not long ago.

Kim Jong-un Gets Classy With New Ride

So much for sanctions.

Drifting A 1,000-HP Corvette On Mountain Roads Takes Some Serious Skill

Thought drifting the entire Nurburgring was challenging? Try it in a 1,000-hp Corvette on a mountain road with no safety rails.

Hennessey Heritage Edition Ford Truck Makes More Power Than Anything You’ve Got

This crazy beast is even more powerful than the Ford GT.

Ford Imagines A Future With No Traffic Lights

Stopping at junctions could be a thing of the past in the future.

One-Off Ferrari 330GT Speciale Is A 50-Year-Old Dream Come True

This stunning coachbuilding project is a tribute to legendary Italian designer Giovanni Michelotti.

Students Create 600-HP Honda Civic Hybrid Rallycross Machine

Deep Orange 9 is our kind of school project.

Is The Jaguar XE SV Project 8 Way More Powerful Than Advertised?

Jaguar claims the super sedan has 592 horsepower under the hood.

This Is The Road-Going Porsche 935 Targa Of Our Dreams

Let’s hope someone converts the Porsche 935 for the road in real life, too.

What's Hot

Related Cars

Starting MSRP
$31,950
Starting MSRP
$52,650
Starting MSRP
$22,440

Related Reviews

2018 BMW 6 Series GT First Look Review: We're Still Not Sure Why This Exists
First Look
20
2018 BMW 6 Series GT First Look Review: We're Still Not Sure Why This Exists
2018 BMW 5 Series Review
Model Overview
0
2018 BMW 5 Series Review
2018 Audi A3 Sedan  Review
Model Overview
0
2018 Audi A3 Sedan Review
2017 Volkswagen Passat Review
Model Overview
0
2017 Volkswagen Passat Review
2018 BMW 5 Series Test Drive Review: The Best Just Got Better
Test Drive
1
2018 BMW 5 Series Test Drive Review: The Best Just Got Better