Jeep Wrangler tops the list of vehicles with the lowest depreciation, at 9.2 percent over five years, compared to 40.1 percent average
Nissan LEAF depreciates the most, losing 65.1 percent of its value, amounting to a $23,666 drop in value over five years
Trucks and truck-based SUVs hold their value the best, while EVs and luxury sedans see the most depreciation
The new cars that retain the most value after 5 years consist of trucks, truck-based SUVs, and sports cars, while luxury cars depreciate the most according to a new study by automotive research firm and car search engine iSeeCars.com.
iSeeCars.com analyzed more than 800,000 car sales to identify vehicles from the 2016 model year with the lowest and highest loss in value from MSRP after five years. iSeeCars found that the average five-year-old vehicle depreciated by 40.1 percent in 2021, compared to 49.1 percent in 2020.