CarResaleValue Research

The cars that lose the most money to depreciation

Depreciation is usually quoted as a percentage — but you pay it in dollars. Ranked by the actual money lost over five years, the picture changes: expensive vehicles dominate the top of the list, and a car that holds its value can cost you far less than a cheaper one that doesn't.

Key Findings

  • The BMW X5 loses the most money of any model — about $37,350 over five years (51% of a ~$73,683 price).
  • The average model loses $13,300 in five years, but the range runs from under $3,650 to over $37,350.
  • Price isn't destiny: the Toyota Tacoma costs about $42,993 new yet loses only $5,900 — less than many cheaper cars — because it depreciates slowly (14%).
  • Dollars lost is driven by both original price and depreciation rate, so an expensive car that holds value can cost you less than a mid-priced one that doesn't.

Dollar figures are a representative MSRP times the observed five-year depreciation rate. Read the methodology.

The money pit

The 12 biggest money-losers

Ranked by estimated dollars lost over five years — a mix of high price and depreciation rate.

#Model5-yr dollars lostDepreciationAvg new price
1BMW X5$37,35051%$73,683
2Tesla Model Y$28,70052%$55,568
3Tesla Model 3$27,15051%$53,605
4Chevrolet Tahoe$24,60036%$68,194
5Jeep Grand Cherokee$22,65045%$49,922
6BMW 3 Series$22,25044%$51,057
7GMC Sierra 1500$19,30032%$61,041
8Ford Explorer$18,05039%$45,717
9Ram 1500$17,65033%$53,944
10Chevrolet Silverado 1500$17,35030%$58,753
11Dodge Charger$17,20037%$46,284
12Hyundai Santa Fe$16,15043%$37,672

Why price isn't destiny

Dollars lost is the original price multiplied by the depreciation rate — so two factors decide it, not one. An expensive vehicle that holds value can lose fewer dollars than a mid-priced one that craters: the Toyota Tacoma starts around $42,993 but loses only $5,900 thanks to a 14% rate. That is why the sticker price alone is a poor guide to what a car actually costs you.

When you compare vehicles, look at the dollar figure, not just the percentage or the price. It is the number that lands in your bank account when you sell.

The bargains

The cars that lose the least money

The smallest five-year dollar depreciation in our data.

#Model5-yr dollars lostDepreciationAvg new price
1Toyota Corolla$3,65015%$25,194
2Honda Civic$3,95014%$27,718
3Kia Forte$4,90024%$20,618
4Toyota RAV4$5,90017%$35,023
5Toyota Tacoma$5,90014%$42,993
6Nissan Sentra$6,10026%$23,232
7Toyota Camry$6,55022%$30,093
8Subaru Crosstrek$6,55022%$30,121
See the full resale value ranking

Frequently Asked Questions

Which car loses the most money to depreciation?

In our 2026 data, the BMW X5 loses the most — about $37,350 over five years, or 51% of its roughly $73,683 original price. Dollar depreciation reflects both a high starting price and a fast depreciation rate, so the biggest dollar losers tend to be expensive vehicles that also don't hold value especially well.

Is a cheaper car always cheaper to own on depreciation?

Not necessarily. Dollars lost is the original price multiplied by the depreciation rate, so an expensive car that holds value can lose fewer dollars than a mid-priced car that depreciates fast. The Toyota Tacoma, at about $42,993 new, loses only $5,900. Compare the dollar figure, not just the sticker price, when you're weighing the true cost of ownership.

How is dollar depreciation calculated?

We multiply each model's representative original MSRP by its observed five-year depreciation rate, computed from mileage-adjusted used-car listings across 44 current-market models. It is a model-level estimate of the dollars a typical example loses in its first five years — a specific car's trim, options, mileage, and condition still move the figure.

Read the full Car Depreciation Report →Is a specific car a good deal? →