On average, a 5-year-old car is only 33.3% cheaper than it is worth. Compared to last year’s data, that figure represents a 17% drop in depreciation.
Car models depreciate the most after 5 years. (Photo: Motor1)
It’s no surprise that large and luxury cars and SUVs have lost the most value in five years. Data from iSeeCars shows that the BMW 7 Series loses the most value with a drop of 56.9%. The BMW 7 Series is a luxurious, comfortable and comfortable car. In the large luxury sedan segment, it competes directly with the Mercedes-Benz S-Class.
The BMW Series 7 lost the largest value with a drop of 56.9%. (Photo: BMW)
The Maserati Ghibli is second at 56.3% off, while the Jaguar XF is third at 54% off.
Maserati Ghibli is a luxury sedan first introduced in 2013. The overall dimensions of the car are 4,971 x 1,945 x 1,461 mm (length x width x height). Ghibli offers a sporty, flexible driving experience.
Meanwhile, the Jaguar XF is a mid-sized luxury car, first launched in 2007. So far, the Jaguar XF is in its second generation. In Vietnam, the 2022 Jaguar XF is equipped with the option of 2 engines: engine. Ingenium turbocharged petrol engine, 2.0 liter four-cylinder producing 246 hp and 2.0 liter Ingenium turbocharged petrol engine, four-cylinder producing 296 hp.
In fourth place is the Infiniti QX80 with a 52.6% discount. The Infiniti QX80 is equipped with a 5.6-liter V8 engine that produces a maximum power of 400 hp. Along with that is a 7-speed automatic transmission and AWD intelligent four-wheel drive. The car accelerates from 0 to 100 km/h in just 6.8 seconds and reaches a top speed of 210 km/h.
Cadillac Escalade ESV ranks 5th with 52.3%. This is an American large luxury SUV.
In the opposite direction, the Jeep Wrangler is the best value model in 5 years of ownership, losing just 7.3% of its value. This is followed by the Jeep Wrangler Unlimited with an 8.7% discount. The Porsche 911 comes in third, despite a depreciation rate twice that of the Wrangler.
Source: CafeBiz