These 5-Year-Old Vehicles Retain the Most Value in 2022

U.S. research firm iSeeCars.com offers an updated look at the used-car market amid rising prices resulting from supply chain and production distruption across the auto industry.  

An analysis of vehicle depreciation based on over 3 million transactions reveals that cars retain more value than they have in recent memory and that a small number have even appreciated in value. The average five-year-old vehicle lost only 33.3 percent of its value from MSRP in 2022 compared to 40.1 percent last year and 49.1 percent in 2020.

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“The relative scarcity of late-model used cars due to pandemic-related new car production disruptions has kept used car values high for more than a year,” said Karl Brauer, Executive Analyst for iSeeCars.

The top 4 is the same as last year, but as you’ll see below, small entry-level cars are well represented, too. On the flip side, luxury cars and large luxury SUVs continue to depreciate faster than most vehicles.

Top 10 Vehicles with the Lowest Five-Year Depreciation in 2022:

1. Jeep Wrangler – 7.3 percent
2. Jeep Wrangler Unlimited – 8.7 percent
3. Porsche 911 – 14.6 percent
4. Toyota Tacoma – 14.9 percent
5. Honda Civic – 16.3 percent
6. Subaru BRZ – 18.2 percent
7. Ford Mustang – 19.4 percent
8. Toyota Corolla – 19.8 percent
9. Nissan Versa – 19.9 percent
10. Chevrolet Camaro – 20.2 percent

Top 10 Vehicles with the Highest Five-Year Depreciation in 2022:

1. BMW 7 Series – 56.9 percent
2. Maserati Ghibli – 56.3 percent
3. Jaguar XF – 54 percent
4. Infiniti QX80 – 52.6 percent
5. Cadillac Escalade ESV – 52.3 percent
6. Mercedes-Benz S-Class – 51.9 percent
7. Lincoln Navigator – 51.9 percent
8. Audi A6 – 51.5 percent
9. Volvo S90 – 51.4 percent
10. Ford Expedition – 50.7 percent

Now, if we look at depreciation for three-year-old vehicles in 2022, the iSeeCars.com study shows that the average rate is just 16.9 percent. The Porsche 911 (+5.7 percent), Toyota RAV4 Hybrid (+2.5 percent), Jeep Wrangler Unlimited (+2 percent), Porsche 718 Cayman (+1.8 percent) and Jeep Wrangler (+0.3 percent) have actually appreciated over MSRP in this three-year span.

The following list reveals once again that demand for small cars is strong and so is their value.

Top 10 Vehicles with the Lowest Three-Year Depreciation in 2022:

1. Mercedes-Benz G-Class – 0.6 percent
2. Honda Civic – 1.4 percent
3. Subaru Crosstrek – 1.9 percent
4. Toyota C-HR – 2.5 percent
5. Porsche 718 Boxster – 2.5 percent
6. Toyota RAV4 – 2.6 percent
7. Toyota Corolla Hatchback – 3.4 percent
8. Kia Rio – 3.5 percent
9. Chevrolet Camaro – 3.5 percent
10. Tesla Model 3 – 4.1 percent