InI’m a veteran Chicago-based consumer automotive journalist devoted to providing news, views, timely tips and reviews to help maximize your automotive investments. “Luxury SUVs tend to have steep depreciation because of their high starting prices, which have to come down significantly to attract buyers in the secondary marketplace,” Ly notes.Among brands, the nameplates that tend to hold onto their values the best over a five-year period are (in order) Toyota, Ram, Jeep, Honda, and Porsche.
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“Jeep Wranglers are known for retaining their value for reasons including their ruggedness, durability, and iconic design,” says iSeeCars CEO Phong Ly “Because of Jeep’s loyal following, their demand outstrips supply in the used car marketplace leading to high resale values.” Meanwhile the models that drop in value the most precipitously, according to iSeeCars.com, are expensive luxury sedans, and electrified cars. A family favourite, the Mazda CX-9 was one of the most popular models in its segment in 2019. The Fiat 500L leads the list of vehicles that drop nearly a third in value almost immediately. That’s because monthly payments are largely based on the difference between a vehicle’s transaction price and what it’s predicted to be worth at the end of the term, financed at a set interest rate.Perhaps not surprisingly, with U.S. car buyers’ seismic shift away from passenger cars, the trucks and sport-utility vehicles they now adore hold their values the most tenaciously among all automotive segments. The top two models in this regard are the Jeep Wrangler and the four-door Wrangler Unlimited, which historically have low rates of depreciation. A leading-edge research firm focused on digital transformation.On average, SUVs lose 51.6% of their value over five years. BMW
This includes BMWs, which grace the list three times — more than any other automaker. Likewise with the upscale Mercedes-Benz G-Class and the Toyota Land Cruiser.
as well as other partner offers and accept our The best-performing models for value retention will lose 19.4 to 39.5 percent of their original worth after five years.
The examples that drop their original values the quickest are again luxury models, including the Lincoln MKT and Navigator, the, GMC Yukon XL, the Infiniti QX60, and the BMW X1, X3, and X6. iSeeCars CEO Phong Ly claims this is because luxury SUVs have a high MSRP, which often has to drop significantly in order to attract buyers who are shopping for used cars. “Previous government incentives contribute to the steep depreciation of electric and plug-in hybrid vehicles [while] outdated technology also contributes to their dramatic depreciation.” The worst offender on this list is the upscale and sporty Maserati Quattroporte sedan. However, the cars on the list depreciate between 63.4% to 66.1%.Nine out of the 10 on the list are luxury vehicles. In addition to posting on Forbes.com, I'm a regular contributor to Carfax.com, Motor1.com, MyEV.com and write frequently on automotive topics for other national and regional publications and websites. "The high maintenance and repair costs of German vehicles like BMWs leads to the high depreciation of these vehicles," Ly said.However, the list is topped by the Lincoln MKT, which has a 66.1% depreciation rate.