Depreciation is the largest hidden cost of owning many new vehicles, and different studies measure it in different ways. Some track five-year losses, others look only at the first year, and the methods are not interchangeable. Here are twelve luxury SUVs, electric models and full-size haulers that shed value quickly, with each figure credited to its source.
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1. Land Rover Range Rover: Luxury Value Drop
According to carEdge’s depreciation data, the Land Rover Range Rover depreciates 74% after five years, leaving $46,296 on a $177,175 new price.
A loss of that scale means the first owner absorbs most of the cost, which can make a used example appealing to a second buyer. Prospective owners can compare certified pre-owned options and ask for complete service records before committing to a purchase. Percentages from one site should be read alongside others, since methods differ.
2. Infiniti QX80: Big SUV, Big Loss
The Infiniti QX80 depreciates 69% after five years, according to carEdge’s QX80 page, leaving a $30,857 resale value on a $99,476 new price.
Large luxury SUVs often start with high sticker prices, which makes the dollar drop dramatic. Buyers who plan to sell within a few years can weigh leasing against buying, and shoppers of used examples can compare condition and history closely. Checking recall status by VIN at NHTSA is also a free and quick step for used shoppers.
3. Nissan Leaf: Steepest In The Study
iSeeCars reports that the Nissan Leaf loses 63.1% of its value in five years, the steepest of any model in its study, against an average of 41.8%, as shown in its value-retention study.
This figure comes from a different study than the carEdge numbers, so the percentages are not directly comparable across sources. Shoppers can still note that the Leaf loses far more than the study average, and check battery health reports on any used example.
4. Volkswagen ID.4: Electric SUV Slide
The Volkswagen ID.4 loses 62.1% in five years, ranking third highest, according to the iSeeCars study.
Electric models appear repeatedly in these rankings, and a steep loss can work in a used buyer’s favor if battery condition checks out. Asking for a battery health report and verifying charging records are sensible steps before buying a secondhand ID.4. Insurance and charging costs also belong in any ownership comparison, not only the purchase price.
5. Tesla Model X: Flagship EV Utility
CarEdge’s 2026 guide on overpriced cars in America lists the Tesla Model X as depreciating 63% or more over five years.
The guide gives a floor rather than an exact figure, so the real loss may vary by year and condition. Anyone weighing a used Model X can compare current listings, review the service and software history, and confirm the vehicle’s warranty status. Valuation tools differ, so more than one estimate is useful before negotiating a price.
6. Tesla Model Y: Popular EV, Steep Slope
The Tesla Model Y depreciates 61% after five years, according to carEdge’s Model Y data, leaving about $19,608 on a $50,380 new price.
Because the Model Y is sold in large numbers, many used examples compete for the same buyers. Comparing listings by condition and mileage, and checking for open recalls by VIN at NHTSA, can help a shopper judge whether a price is fair. A pre-purchase inspection from an independent shop adds a further layer of protection.
7. Lincoln Navigator: Full-Size Luxury Haulers
The Lincoln Navigator loses about 60% in five years, according to carEdge’s depreciation page, leaving $46,206 on a $114,173 new price.
The remaining value is still sizable in dollar terms, which shows how much a high starting price can matter. Buyers of used Navigators can look closely at service history and compare trims, since options on a large luxury SUV can vary widely. A vehicle history report can also reveal accidents and ownership changes worth knowing about.
8. Cadillac Escalade: Escalade After Five
The Cadillac Escalade depreciates 58% after five years, leaving $53,138, according to carEdge’s Escalade data.
Even after a steep percentage loss, the leftover value is the highest among the carEdge entries here, a reminder that percentages and dollars tell different stories. Used shoppers can compare similar trims and look for records of maintenance and inspections. Checking recall status by VIN at NHTSA is a free and quick step before any used purchase.
9. Ford Mustang Mach-E: Two Studies, Two Numbers
CarEdge says the Ford Mustang Mach-E depreciates 57% after five years, while iSeeCars separately ranks it eighth worst at 60.8%, per carEdge’s Mach-E page.
The two sources disagree by a few points, which is typical when methods and sample vehicles differ. Anyone shopping for a used Mach-E can compare multiple valuation tools, rather than relying on one, and request battery health and charging history. Checking recall status by VIN at NHTSA is also free.
10. Nissan Armada: Armada Joins The List
iSeeCars reports that the Nissan Armada loses 57.0% in five years, ranking nineteenth worst, in its depreciation study.
A nineteenth-place ranking suggests many models lose value at similar rates, so a price comparison across several candidates is worthwhile. Buyers of a used Armada can check towing history and ask whether service was done on schedule. Valuation estimates can differ by study, so a second source helps when negotiating a purchase price.
11. Mercedes-Benz EQS: Steepest First Year
The electric Mercedes-Benz EQS loses 47.8% of its value in its first year, the steepest first-year drop on MoneyLion’s list.
This is a first-year figure, not a five-year one, so it cannot be compared directly with the other percentages here. A nearly new EQS may be priced well below its original sticker, though a buyer should still verify battery condition and warranty coverage. Checking recall status by VIN at NHTSA is a free and quick step before any used purchase.
12. Hyundai Ioniq 5: Ioniq 5 First-Year Drop
Hyundai’s popular Ioniq 5 EV drops 32.9% in its first year of ownership, according to MoneyLion’s one-year ranking.
That is a smaller one-year loss than the EQS, yet it still shows how quickly a new electric car can lose value. Shoppers can check for incentives on new models before buying, and review battery health reports on used units. Incentives and trade-in values change over time, so current offers are worth confirming with a dealer.
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