EVs depreciate by 58.8%, compared to 45.6% for all vehicle types over five years.
Porsche 911 and Toyota Tacoma retain value best among sports cars and trucks, respectively.
Luxury EVs like Jaguar I-PACE and Tesla Model S lose over 65% of original value.
New data released by iSeeCars shows that electric vehicles lose more value over five years than any other vehicle segment. The study, which reviewed over 800,000 five-year-old used cars, found that EVs depreciated by 58.8% on average—substantially above the 45.6% average for all vehicles.
| 5-Year Depreciation for Notable Vehicle Segments | |||
| Segment | 2019 | 2023 | 2025 |
| Overall | 49.6% | 38.8% | 45.6% |
| Hybrids | 56.7% | 37.4% | 40.7% |
| EVs | 67.1% | 49.1% | 58.8% |
| SUVs | 51.6% | 41.2% | 48.9% |
| Trucks | 42.7% | 34.8% | 40.4% |
The analysis also showed that depreciation remains the most significant cost associated with car ownership. While EVs recorded the highest losses, hybrids (40.7%) and trucks (40.4%) maintained higher resale values. Sports cars also showed stronger value retention.
Comparing historical data, overall depreciation in 2025 (45.6%) has risen from 38.8% in 2023 but remains lower than the 49.6% rate reported in 2019.
Among the models with the lowest depreciation, the Porsche 911 experienced a 19.5% decline over five years. The Toyota Tacoma and Honda Civic also performed well, depreciating by 26.0% and 28.0%, respectively.
2020 Porsche 718 Spyder | Photo: Matt St-Pierre| Top 10 Vehicles with the Lowest 5-Year Depreciation | ||||
| Rank | Model | Segment | Average 5-Year Depreciation | Average $ Difference from MSRP |
| 1 | Porsche 911 | Sports Car | 19.5% | $24,428 |
| 2 | Porsche 718 Cayman | Sports Car | 21.8% | $15,851 |
| 3 | Toyota Tacoma | Truck | 26.0% | $8,217 |
| 4 | Chevrolet Corvette | Coupe | 27.2% | $18,557 |
| 5 | Honda Civic | Sedan/Hatchback | 28.0% | $6,987 |
| 6 | Chevrolet Camaro | Sports Car | 28.0% | $8,653 |
| 7 | Toyota Tundra | Truck | 29.1% | $11,659 |
| 8 | Ford Mustang | Sports Car | 29.2% | $9,325 |
| 9 | Porsche 718 Boxster | Sports Car | 29.6% | $22,155 |
| 10 | Toyota Corolla Hatchback | Hatchback | 30.1% | $7,156 |
The highest-depreciating vehicles were predominantly electric and luxury models. The Jaguar I-PACE led the list with a 72.2% depreciation rate. The BMW 7 Series, Tesla Model S, and Maserati Ghibli followed, all exceeding 64% depreciation.
Luxury SUVs also showed significant declines. The Infiniti QX80, Maserati Levante, and Cadillac Escalade ESV were among the top 10 models with the steepest five-year value drops.
2021 Jaguar I-PACE | Photo: Jaguar| Top 10 Vehicles with the Highest 5-Year Depreciation | ||||
| Rank | Model | Segment | Average 5-Year Depreciation | Average $ Difference from MSRP |
| 1 | Jaguar I-PACE | EV | 72.2% | $51,953 |
| 2 | BMW 7 Series | Sedan | 67.1% | $65,249 |
| 3 | Tesla Model S | EV | 65.2% | $52,165 |
| 4 | INFINITI QX80 | SUV | 65.0% | $53,571 |
| 5 | Maserati Ghibli | Sedan | 64.7% | $70,874 |
| 6 | BMW 5 Series | Hybrid | 64.7% | $47,457 |
| 7 | Nissan LEAF | EV | 64.1% | $18,043 |
| 8 | Maserati Levante | SUV | 63.7% | $64,991 |
| 9 | Tesla Model X | EV | 63.4% | $53,846 |
| 10 | Cadillac Escalade ESV | SUV | 62.9% | $56,996 |
“Depreciation remains the most expensive aspect of buying a new vehicle, and the variation between vehicle types and specific models is something consumers should consider when researching their next purchase,” said Karl Brauer, Executive Analyst at iSeeCars.
Brauer added that the cost difference between a hybrid and an EV can amount to tens of thousands of dollars in lost resale value, especially when an EV’s upfront can easily be tens of thousands more.
