Cars with the worst resale value: Tesla Model S drops 61%
A recent analysis by iSeeCars reveals the vehicles that depreciate the most, with the Tesla Model S experiencing a 61% drop in value over five years. The Maserati Levante has seen such severe depreciation that it has effectively left the used market. Other models with poor resale value include the BMW 7 Series, Nissan Leaf, and Jaguar XF. The study highlights how luxury and electric vehicles often suffer the steepest declines due to rapid technological changes and high initial costs.
Key facts
- Tesla Model S depreciates 61% over five years
- Maserati Levante left the used market entirely
- BMW 7 Series, Nissan Leaf, and Jaguar XF also have poor resale value
- Analysis conducted by iSeeCars
- Luxury and electric vehicles depreciate fastest
Entities
Institutions
- iSeeCars
Sources
- Quartz —