What's Happening?
A study by iSeeCars highlights the vehicles that depreciate the most over five years, with the Jaguar I-Pace topping the list at 72.2% depreciation. Other models include the BMW 7 Series, Tesla Model S, and Infiniti QX80. The study provides insights into the factors contributing to depreciation, such as oversupply, changing regulations, and maintenance costs.
Why It's Important?
Understanding vehicle depreciation is crucial for consumers making purchasing decisions, as it impacts the long-term value of their investment. The study offers valuable information for buyers looking to minimize financial loss, particularly in a market with shifting trends and technological advancements. This knowledge can guide consumers in choosing models that better retain their value.
