Aside from design, equipment, and durability, resale value is an essential factor that customers consider when buying a car.
Therefore, iSeeCars, a Boston-based company specializing in automotive market research, conducted a survey to evaluate depreciation rates for vehicles sold in the US after five years of ownership.
In its latest study, iSeeCars analyzed over 800,000 used cars sold between March 2024 and February 2025 to determine depreciation rates by model. The results revealed that used cars are experiencing higher depreciation than in previous years, indicating a faster loss in value. Notably, electric vehicles had the highest depreciation rate, reaching 58.8% after five years, while trucks and hybrids held their value better, depreciating by approximately 40%.
Based on the survey and analysis, iSeeCars also identified the top 10 vehicles with the lowest depreciation rates. All ten models had depreciation rates below 35%. The Porsche 911 topped the list, losing only 19.5% of its value, equivalent to around $24,428 (624.74 million VND). Following closely was the Porsche 718 Cayman with a depreciation rate of 21.8%, resulting in a loss of approximately $15,851 (405.38 million VND) from its original purchase price.
The subsequent positions were held by models from Toyota and Chevrolet. Specifically, the Toyota Tacoma ranked third with a 26% depreciation rate, while the Chevrolet Corvette placed fourth with a 27.2% depreciation rate. The Honda Civic and Chevrolet Camaro shared a 28% depreciation rate, securing the fifth and sixth spots, respectively. The remaining vehicles on the list included the Toyota Tundra, Ford Mustang, and Porsche 718 Boxster, all with depreciation rates above 29%. The Toyota Corolla concluded the ranking with a 30.1% depreciation rate.
VinFast Delivers Over 12,100 Electric Cars in March 2025
VinFast continues its dominance in the domestic market, solidifying its position as the leading automotive brand in Vietnam. With an impressive performance in March 2025, the company delivered over 12,100 electric vehicles to customers, bringing the total sales for the first quarter of 2025 to an outstanding figure of more than 35,100 units.