If you bought a Jeep Wrangler five years ago, it’s basically paid you to be driven.
Older EVs like the Nissan LEAF have taken a massive hit.
Trucks are sports cars that have proven to be decent investments.
We’ve always heard that buying a new vehicle is a terrible investment. Although that remains true as a general rule, some vehicles have bucked the trend and have seen their average depreciation over a five-year period come to a near screeching halt.
Nissan LEAF | Photo: Nissan
The last 15 months or so have radically changed the global automotive landscape. The microchip shortage has reduced new-car inventories to nothing and has, as a side effect, increased used vehicle values to incredible levels. As a whole, the average depreciation of a five-year-old vehicle, according to iSeeCars, has slowed to 40.1% this year compared to 49.1% last year.
These figures are surprising but pale in comparison to some specific models such as the Jeep Wrangler. And this applies to vehicles that have the lowest depreciation and the ones that have lost the most in value over like the Nissan LEAF.
Here are the top 10 vehicles with the lowest and highest depreciation:
iSeeCars Top 10 Vehicles With the Lowest and Highest Depreciation | ||||
Lowest Depreciation | Highest Depreciation | |||
Rank | Model | Average 5-Year Depreciation | Model | Average 5-Year Depreciation |
1 | Jeep Wrangler | 9.2% | Nissan LEAF | 65.1% |
2 | Jeep Wrangler Unlimited | 10.5% | BMW i3 | 63.1% |
3 | 12.8% | BMW 7 Series | 61.5% | |
4 | Toyota Tacoma | 13.8% | Maserati Ghibli | 61.3% |
5 | Toyota Tundra | 19.5% | BMW X5 | 60.3% |
6 | Ford Mustang | 21.0% | Jaguar XF | 59.5% |
7 | Chevrolet Corvette | 22.7% | BMW 5 Series | 59.1% |
8 | Chevrolet Camaro | 23.6% | Audi A6 | 58.2% |
9 | Dodge Challenger | 24.4% | Lincoln Navigator L | 57.7% |
10 | Toyota 4Runner | 24.6% | Volvo S60 | 57.3% |
Average for All Vehicles: 40.1% | ||||
