Most of us understand that our brand-new cars lose value the second we drive them off the lot. But many of us may not realize just how much value they lose.
Let’s explore the top 10 cars that commonly lose value quickly on the road. And it might not surprise you that none of these cars are cheap!
Ford Expedition
5-Year depreciation: 50.7%.
The Ford Expedition is a full-size SUV that has been a staple in Ford’s vehicle lineup for several decades. Known for its robust towing capacity, spacious interior, and powerful engine options, the Expedition is a popular choice for families and individuals who require a versatile and capable vehicle. Unfortunately, it’s also expensive and depreciates pretty quickly.
Volvo S90
5-Year depreciation: 51.4%.
Coming in at #9, the Volvo S90 is a luxury sedan that embodies the Scandinavian design ethos, combining elegant aesthetics with advanced technology and a commitment to safety. Known for its sleek and sophisticated exterior, the S90 offers a spacious and meticulously crafted interior that pampers its occupants with high-quality materials and cutting-edge features.
Audi A6
5-Year depreciation: 51.5%.
Another luxury sedan, the Audi A6, is a luxurious midsize sedan that exemplifies sophistication, performance, and cutting-edge technology. Known for its sleek design and attention to detail, the A6 combines a comfortable, upscale interior with turbocharged four-cylinders and V6 options; it offers impressive performance and handling.
Lincoln Navigator
5-Year depreciation: 51.9%.
At #7 and our second sports utility vehicle, the Lincoln Navigator is a full-size luxury SUV known for its commanding presence and spacious interior. With its bold design and ample room for passengers and cargo, the Navigator is often favored by those who prioritize comfort and versatility in their vehicles. It offers a smooth ride and a range of advanced features, making it a popular choice for those seeking a high-end SUV experience.
Mercedes-Benz S-Class
5-Year depreciation: 51.9%.
The German-made Mercedes-Benz S-Class is renowned for its luxury and innovation, consistently setting the standard for high-end automobiles. With a history that spans generations, it represents the pinnacle of the brand’s engineering and design expertise. Unfortunately, the Mercedes also lost more than half of its value after the first five years.
Cadillac Escalade ESV
5-Year depreciation: 52.3%.
The Cadillac Escalade ESV is a full-size luxury SUV known for its impressive size and spacious interior. With seating for up to eight passengers and a cavernous cargo area, it’s a vehicle for those who prioritize comfort and roominess. The ESV variant extends the standard Escalade’s dimensions, providing more legroom and storage capacity.
Infinity QX80
5-Year depreciation: 52.6%.
With another full-size luxury SUV option, the Infinity QX80 is known for its commanding presence on the road. With its bold and distinctive design, this vehicle offers ample passenger space and a comfortable ride. While it may not be the most fuel-efficient option, it’s well-suited for those who prioritize spaciousness, towing capacity, and a smooth, comfortable ride.
Jaguar XF
5-Year depreciation: 54%.
At #3, the Jaguar XF is a midsize luxury sedan known for its refined design and dynamic performance. With its sleek exterior and well-crafted interior, it exudes a sense of elegance and sophistication. The XF offers a range of powerful engines, ensuring an engaging driving experience.
Maserati Ghibli
5-Year depreciation: 56.3%.
You probably don’t see many Maseratis on the road, but they are there. The Maserati Ghibli is a luxury sports sedan known for its distinctive Italian design and powerful performance. With its sleek and elegant lines, the Ghibli exudes a sense of timeless sophistication. Under the hood, it boasts a range of engine options, including a V6 that delivers a thrilling driving experience.
BMW 7 Series
5-Year depreciation: 56.9%.
The car that depreciates the fastest is the BMW 7-Series. After five years, the luxury sedan has lost almost 60% of its value, making this car a smarter buy used rather than new. Though stylish and elegant, it’s not the car for you if you’re concerned about money.
