Top Used Vehicles Drop Prices in Last 5 years

During the pandemic lockdown, high gas prices, and inflation have all affected the automobile market – for both new and used vehicles.

Top 10 models with the highest depreciation in five years are:

1. BMW 7 Series with an average 56.9 percent depreciation and $61,923 difference from MSRP;
2. Maserati Ghibli with an average 56.3 percent depreciation and $51,168 difference from MSRP;
3. Jaguar XF with an average 54.0 percent depreciation and $36,081 difference from MSRP;
4. INFINITI QX80 with an average 52.6 percent depreciation and $44,265 difference from MSRP;
5. Cadillac Escalade ESV with an average 52.3 percent depreciation and $55,128 difference from MSRP;
6. Mercedes-Benz S-Class with an average 51.9 percent depreciation and $65,375 difference from MSRP;
7. Lincoln Navigator with an average 51.9 percent depreciation and $41,426 difference from MSRP;
8. Audi A6 with an average 51.5 percent depreciation and $33,331 difference from MSRP;
9. Volvo S90 with an average 51.4 percent depreciation and $32,321 difference from MSRP;
10. Ford Expedition with an average 50.7 percent depreciation and $32,674 difference from MSRP.