The average new car loses over 50 percent of its value after the first five years. Some models, though, depreciate way more quickly. Used car buying site in 2013 and 2018 to find out which cars lose the most value five years after they were sold new. Here's what the study found.
The Chevrolet Impala sedan is the tenth car on the list, with a five-year deprecation rate of 66.2 percent, or around $18,549 off the car's original MSRP.
The long wheelbase version of Jaguar's big XJ sedan comes in at number nine on the list. It depreciates 66.4 percent on average after five years of ownership, equating to a loss of $56,108.
Mercedes's mid-range luxury sedan depreciates 67.2 percent after just five years of ownership, which means a $35,582 loss of value on average.
The E-Class's competitor, the BMW 5-Series, slots in just below, sporting a deprecation rate of 67.3 percent, or $35,938 after five years.
The current 6-Series has been on sale for around eight years now, and you can't even buy the coupe in America anymore. It loses 68.3 percent of its value after five years, which comes out to $55,665 on average.
The Fusion Energi Hybrid is the first of three electrically powered cars on this list, rocking a 69.4-percent depreciation rate after five years. That adds up to a $24,009 loss in value.
The Mercedes S-Class is arguably one of the best new luxury cars you can buy, but that hasn't stopped it from depreciating 69.9 percent on average. You'll lose around $62,840 if you buy one new and hold it for five years.
Like the S-Class, BMW's flagship luxury sedan is a wonderful car, but still falls victim to steep deprecation. It loses 71.1 percent of its value—around $59,475—after just five years.
The Volt is the second hybrid on the list, with a massive 71.2-percent depreciation rate for the first five years of ownership. That's a $24,276 loss in value on average.
The Nissan Leaf, the only purely electric vehicle in this group, stands at the top of the list with a staggering 71.7-percent deprecation rate, or a $21,503 loss of value, after five years.