Depreciation value is one of the key factors that consumers often consider when buying a car. According to the study conducted by iSeeCars.com, the average price of a new car in the US market is currently $45,106. Meanwhile, the average depreciation rate of cars in the US after 1 year of use is 12.8%. However, there are car models that depreciate more than the average after just 12 months of use. These models will help buyers save a considerable amount compared to buying a new car while the ODO is not too high, and may even be almost new.
Conversely, there are car models that hold their value well after 1 year of use or after 16,000 km. Used car buyers should avoid these models, and instead buy new cars since they won’t save much money.
The following is a list of the 20 cars that depreciate the most and hold their value the best after 1 year of use, compiled by iSeeCars. To create this list, iSeeCars analyzed over 1.6 million new and nearly new cars in the US market.
20 cars that depreciate the most after 1 year of use
“Car buyers looking for the best value often choose used cars over new cars“, said Karl Brauer, iSeeCars’ director of analysis. “Used cars are generally less expensive than new cars. In addition, there are some models that depreciate by 25% after just 1 year of use. These models offer a near-new ownership experience while saving buyers a significant amount of money“.
| STT | Model | Depreciation rate after 1 year | Resale value (USD) | Difference from new purchase price (USD) |
| 1 | Mercedes-Benz EQS | -47.8% | 71,231 | -65,143 |
| 2 | Nissan Leaf | -45.7% | 18,756 | -15,786 |
| 3 | Jaguar F-Pace | -35.4% | 52,010 | -28,555 |
| 4 | Alfa Romeo Giulia | -33.4% | 32,467 | -16,297 |
| 5 | Kia EV6 | -33.3% | 36,243 | -18,081 |
| 6 | Hyundai Ioniq 5 | -32.9% | 34,303 | -16,805 |
| 7 | Volkswagen ID.4 | -32.9% | 31,870 | -15,609 |
| 8 | Alfa Romeo Stelvio | -32.3% | 36,630 | -17,495 |
| 9 | Nissan Murano | -32% | 29,458 | -13,842 |
| 10 | Mercedes-Benz S-Class | -31.5% | 99,598 | -45,781 |
| 11 | Dodge Durango | -30.8% | 43,407 | -19,335 |
| 12 | BMW 7-Series | -29.8% | 84,990 | -36,126 |
| 13 | Dodge Challenger | -29.8% | 36,496 | -15,498 |
| 14 | Ford Mustang Mach-E | -29.8% | 38,543 | -16,364 |
| 15 | Ram 1500 Classic | -29.2% | 31,969 | -13,176 |
| 16 | Infiniti QX80 | -28.8% | 59,618 | -24,084 |
| 17 | Audi A3 | -28.7% | 29,587 | -11,911 |
| 18 | Chevrolet Bolt EUV | -28.2% | 23,320 | -9,151 |
| 19 | Chevrolet Bolt EV | -28% | 22,229 | -8,633 |
| 20 | Audi A4 | -27.9% | 35,667 | -13,836 |
| Market average | -12.8% | 39,328 | -5,778 |
List of 20 cars that depreciate the most after 1 year of use in the US market
All 20 cars on the list above have a depreciation rate of at least 28% after 1 year of use. Of which, the two electric cars, Mercedes-Benz EQS and Nissan Leaf, depreciate the most. After 12 months in the hands of the owner, these two electric cars lose up to half of their value.
Not only Mercedes-Benz EQS and Nissan Leaf, but there are also 3 other models in the list that fall into the top 10 cars with the highest depreciation after 1 year of use, including Kia EV6, Hyundai Ioniq 5 and Volkswagen ID.4. The reason for this situation may stem from the fact that electric cars have large development costs, pushing the recommended retail price to a high level. However, electric vehicles are a young type of vehicle, making users feel uncertain about the driving range after a full charge. These two factors, along with other impacts, make cars with a high depreciation rate.
Besides electric cars, the list above also has another thing in common: many luxury cars. There are up to 9 luxury cars on the list, including Mercedes-Benz EQS, Jaguar F-PACE, Alfa Romeo Giulia, Alfa Romeo Stelvio, Mercedes-Benz S-Class, BMW 7-Series, Infiniti QX80, Audi A3, and Audi A4. This is not surprising because the luxury car segment tends to depreciate more than general cars. There are several reasons for this
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