10 Car Models with the Biggest Price Drops! Used Car Market in Trouble

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The used car market is a fluid system, constantly changing the value of vehicles for a multitude of vehicles. Factors such as reliability, cost to own, prestige, the existence of a newer generation, and a host of other things all culminate to achieve a proper market value.
Major world events such as epidemics causing global supply shortages cause long-reaching effects on the market, and it seems that the previously inflated values of used cars spurned on by the shortages of new cars have started to come down.
iSeeCars has collated data from over 2.2 million 1- to 5-year-old used cars sold in May 2023 and 2024 to see which models have dropped their values most drastically. On average, they found a drop of 6.5% across the board. However, electric cars have seen a significant price crash, with some losing a third of their value in one year. A lowered demand for EVs has seriously tanked the market, and as we go over the top 10 value losers, you’ll notice a significant number of these once-hot models.
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I cant stand listening to this AI voice.

matthewrenshaw
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Jaguar is no more a british company. It's owned by an Indian company for many years now. Even the Range rover.

Gopinathk
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Luxury brands have always had some of the biggest depreciation and since the beginning of the electric vehicle craze, a lot of market analysis experts have said the same will be true for the evs. So nothing in this video is a surprise

josephgaribaysr
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Would have liked to see non-ev SUVs on this list.

nnonotnow
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Lesson learned? Stay away from the damn EVs

locosmiley
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I wanted a Tesla but I started seeing lines at recharge stations so unless they greatly expand it, I'm going to hold off. The news of Tesla eliminating their team that is responsible for building and expanding their recharging network also added to my hesitation.

sophmore
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Was it my imagination that they were all electric vehicles?

JamesWilliams-djbp
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you would definitely benefit from talking yourself instead of using an ai voice.

MobiusGT
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I am surprised that the posche taycan did not feature ? !

andybrowne
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Wrecked my 2019 Jeep Grand Cherokee with 2 deer so I needed to buy a car quickly. So I went back and got the new model but only the 4xe had what I was looking for with the technology and all. With that said the Jeep Grand Cherokee 4xe needs to be on this list. I returned mine within a year of ownership. It charges to a 27 mile range but only really gets 25… no thanks.. the fact that it has a short range should have told me everything I needed to know. Also everything is coming with these 4 cylinder twin turbo which is also going to be a problem soon

Denny
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You need to do this with a focus only on ICE cars.

rking
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Masarati's how much do you have to keep it on the road!

tommccabe
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Appreciate your work!
But can you do me a favor and label this Video as EV. And then do a separate video with combustion engines. That would help tons. And possibly get you more views!

nicholassmotherman
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The lesson here. Buy an EV and loose your rear end. Between EV battery technology cycles and manufacturers trying to reduce EV cost. You can’t win buying an EV. I’d buy and did purchase a gas powered vehicle. I’m likely not an EV buyer for another 4 years. Do you think the earth will still be around in 4 years. Several years ago we were told we had less than 10 years.

jlanetman
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What happed to the EV market? This is almost an EV list

dengrock
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What a joke and waste of time of course expensive junk cars are not selling.

EPFForsyth
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Why no chapter list? That way I don't have to sit through this crappy video.

isaiah