The list includes both expensive and budget models
New cars begin to depreciate as soon as the owner drives them off the dealer’s lot. But some makes and models hold their original value better than others.
A new study from iSeeCars has revealed which used cars have fallen in price the least over the past five years. The leader is the Porsche 911, which has fallen on average by only 9.3%, or $18,094, since 2018. Second place went to the Porsche 718 Cayman, which lost 17.6%.
iSeeCars analyzed the prices of more than a million cars
Third place goes to the Toyota Tacoma, which fell in price by 20.4%, followed by the Jeep Wrangler (20.8%), and the top five is rounded out by the Honda Civic (21.5%).
The ranking also includes much more affordable models, including the Subaru BRZ, Chevrolet Camaro and Ford Mustang, which occupy 6th, 7th and 11th places, respectively. Toyota is well represented in the rankings, with the RAV4, Tacoma, Tundra, Corolla and C-HR all in the top 20. The list also includes inexpensive Kia Rio, Chevrolet Spark and Honda HR-V.
The iSeeCars study analyzed 1.1 million used 2018 model year vehicles sold between November 2022 and October 2023. The report does not include low-volume models, and also excludes heavy-duty pickups, vans and models discontinued for the 2022 model year. On average, the 25 2018 makes and models with the best five-year depreciation lost 38.8% of their value, or $17,221.
