With overall used car prices up for the first time in 2.5 years, this is a list that you'll want to check out if you're shopping for one. It's iSeeCars ranking of the top 20 used car models with significant price drops over the past year. This means these are models that could represent an opportunity for used car shoppers to save money.
The top 20 models lost between 6.8% and 17.2% of their value in the last 12 months, with electric vehicles – especially Teslas – dominating the list. Half of the top 10 used cars with the biggest price drops are EVs, including the Tesla Model S, Porsche Taycan, Tesla Model Y, Tesla Model 3, and Hyundai Kona Electric.
Not all the vehicles are EVs though. For example you''ll see one of our favorite SUVs on the list, the Genesis GV70.
To come up with the ranking, iSeeCars analyzed the pricing of 1.4 million used cars to identify which models lost the most value over the past year.
iSeeCars: Top 20 Used Cars With the Largest Price Drops
- Tesla Model S
- Porsche Taycan
- Ford Explorer Hybrid
- BMW 5 Series Hybrid
- Tesla Model Y
- Maserati Levante
- Mercedes-Benz AMG GT
- Tesla Model 3
- Jeep Gladiator
- Hyundai Kona Electric
- Kia Niro EV
- Mercedes-Benz GLB
- Volvo S90
- Genesis G70
- Chrysler Pacifica
- Jaguar E-PACE
- Tesla Model X
- Chevrolet Corvette Convertible
- Lincoln Aviator
- Chrysler Voyager
To see MUCH more of this comprehensive study by our friends at iSeeCars, click here →
Editorial Photo Credit: Jonathan Weiss/Shutterstock.com.