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The INFINITI QX80 suffered the largest percentage loss in iSeeCars’ 2026 five-year depreciation study: 62.8% of its inflation-adjusted new-car price. The Land Rover Range Rover lost the most money in absolute terms, an average of $69,856. Those figures come from model averages, not guarantees for every used example, but they show why a luxury SUV that looks like a bargain at five years old can still carry substantial financial and mechanical risk.
Which luxury SUVs depreciate the fastest?
iSeeCars analyzed more than 950,000 five-year-old vehicles sold in the United States from March 2025 through February 2026. After adjusting original MSRP figures to 2026 dollars with U.S. Bureau of Labor Statistics inflation data, it compared those prices with used-vehicle asking prices. Filtering the study’s 25 biggest losses to luxury-branded or luxury-positioned SUVs produces this list:
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| Rank in iSeeCars’ overall loss table | SUV | Five-year depreciation | Average dollar loss from MSRP |
|---|---|---|---|
| 1 | INFINITI QX80 | 62.8% | $52,631 |
| 2 | Land Rover Range Rover | 61.7% | $69,856 |
| 3 | Tesla Model X | 61.2% | $61,216 |
| 4 | INFINITI QX60 | 58.3% | $30,099 |
| 5 | Land Rover Range Rover Sport | 58.3% | $45,272 |
| 6 | Land Rover Discovery | 57.9% | $34,878 |
| 7 | Audi Q7 | 57.2% | $35,486 |
| 8 | Cadillac Escalade ESV | 57.0% | $53,605 |
| 9 | Jaguar F-PACE | 56.5% | $32,184 |
| 10 | Lincoln Navigator/Navigator L | 56.3% | $41,264 |
All ten lost more than the 41.8% average for all vehicles in the study and more than the 44.9% average for SUVs. The percentages measure the share of original value that disappeared; the dollar column measures how much money a buyer effectively lost. A large SUV can rank below another model by percentage yet cost more in depreciation dollars because its original price was higher.
How did iSeeCars calculate the five-year losses?
The study uses market-wide averages rather than a forecast for a particular vehicle. It removed heavy-duty trucks and vans, models no longer produced for the 2025 model year, and low-volume models. Used asking prices were compared with inflation-adjusted MSRP, so the result is intended to represent value retained after roughly five years, not the exact transaction price of every vehicle.
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- Results cover vehicles sold from March 2025 through February 2026.
- MSRP was converted to 2026 dollars with U.S. Bureau of Labor Statistics data.
- Asking prices, rather than a single guaranteed selling price, were used for the used-car side of the calculation.
- Mileage, trim, options, condition, accident history, location, ownership history and powertrain can move an individual SUV far above or below the model average.
The overall average improved by 3.8 percentage points compared with the previous year. iSeeCars Executive Analyst Karl Brauer attributed the change to “rising used car demand and/or insufficient supply over the past 12 months.” That market improvement does not make the SUVs in this list reliable investments; it simply means the broad rate of value loss moderated.
Why do luxury SUVs lose so much value?
Luxury SUVs combine several traits that can weaken resale demand. New-car buyers pay for premium materials, distinctive styling, advanced electronics and a long options list, while used buyers often value affordable ownership, proven durability and a low purchase price more heavily. Once the vehicle is five years old, the original premium can be difficult to recover.
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A 50% loss on an expensive SUV represents more dollars than a 50% loss on a cheaper vehicle. That is why the Range Rover produces the largest average dollar loss in the group even though the QX80 has the highest percentage loss.
Electric-vehicle pricing has been volatile
iSeeCars reports a 57.2% average five-year depreciation rate for EVs, well above the 41.8% all-vehicle figure. Rapid technology changes, new-car price adjustments, incentives and uncertainty about battery warranties can all affect what used shoppers are willing to pay. The Tesla Model X’s placement reflects that category pressure, but the study does not establish a single cause for every vehicle’s result.
Redesigns can make an older generation look dated
For the QX80, iSeeCars points to a major redesign after a 15-year run for the previous generation. A long-lived outgoing design followed by an all-new model can make earlier vehicles appear less desirable quickly, increasing the supply of older examples competing for buyers.
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What should shoppers know about each SUV?
INFINITI QX80
The QX80 leads the list by percentage loss. It is a large, three-row luxury SUV whose depreciation can make a five-year-old example look inexpensive relative to its original positioning. Check whether the vehicle is from the long-running prior generation or the newer redesign, because generation, equipment and warranty status can materially change the shopping decision.
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Land Rover Range Rover
The Range Rover combines the group’s highest average dollar loss with a high percentage decline. Its large-SUV utility and premium cabin may appeal to buyers who want flagship presence for less money used, but a lower purchase price does not remove the need to verify service history, electronic-system operation and remaining warranty coverage.
Tesla Model X
The Model X is the only fully electric SUV in this ten-model set. Battery-health documentation, charging performance, software status, warranty transfer rules and local access to qualified EV service deserve attention before purchase; a depreciation statistic cannot answer those questions.
INFINITI QX60
The QX60 appears in iSeeCars’ luxury-midsize category. Its lower average dollar loss than the full-size entries may make it easier to fit into a used-car budget, but buyers should still compare trim content, mileage and maintenance records rather than assuming every five-year-old QX60 is priced equally.
Land Rover Range Rover Sport
The Range Rover Sport is also classified among the luxury midsize models in iSeeCars’ category data. It offers a more performance-oriented alternative to the full-size Range Rover, yet the same basic rule applies: inspect the exact vehicle and budget for maintenance instead of treating depreciation as proof of a bargain.
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Land Rover Discovery
The Discovery is another luxury-midsize entry. Its flexible SUV format may attract families, but complexity, optional equipment and previous use can produce wide differences between two vehicles with the same model name. A specialist inspection is particularly valuable when warning lights, air-suspension behavior or infotainment faults are present.
Audi Q7
The Q7 ranks near the middle of the group and is included in iSeeCars’ luxury-midsize category. Compare maintenance invoices, software updates, tire wear and the condition of driver-assistance hardware. A well-documented example can be a very different ownership proposition from one sold without records.
Cadillac Escalade ESV
The Escalade ESV is listed in iSeeCars’ luxury-large-SUV category. Its extended body emphasizes passenger and cargo capacity, while its high original price helps explain a large dollar loss. Verify that all power-operated seats, screens, cameras and liftgate functions work before negotiating.
Jaguar F-PACE
The F-PACE is a luxury SUV with a lower average dollar loss than the full-size models but still a major percentage decline. As with any used premium vehicle, obtain a complete service record and have an independent technician check for deferred maintenance before purchase.
Lincoln Navigator and Navigator L
The Navigator and longer Navigator L round out the list. Their full-size layout can deliver substantial space for a fraction of the original price after five years, but size-related costs such as tires, brakes, fuel and parking remain tied to the vehicle, not to its reduced resale value.
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Does a heavily depreciated luxury SUV make a good used-car deal?
It can, but depreciation alone is not a buying recommendation. The discount is most useful when the vehicle has documented maintenance, acceptable running costs and a price that reflects its actual condition. A cheap purchase can become expensive if an overdue service, damaged electronics or an uncovered powertrain problem appears soon after delivery.
Separate price discount from ownership cost
- Estimate insurance, fuel or charging, tires, brakes and scheduled service for the specific trim.
- Confirm which factory warranties remain and whether they transfer to the next owner.
- Price independent repairs before buying, especially for air suspension, advanced driver aids, large wheels and complex infotainment.
- Compare several local listings with similar mileage and equipment; a national average does not set a fair price in every market.
Use both depreciation measures
Percentage loss helps identify models that shed a large share of their value. Dollar loss matters to anyone buying new or nearly new because it shows the amount of capital that can disappear. A shopper considering a five-year-old SUV should also compare the actual asking price with newer alternatives, certified-used coverage and non-luxury competitors, none of which is captured by the table alone.
How should you inspect one of these SUVs before buying?
A disciplined inspection can reveal condition problems that a depreciation ranking cannot. Arrange the inspection before signing paperwork and make the sale contingent on acceptable results where possible.
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- Verify identity and history. Match the VIN on the vehicle, title and records. Obtain a vehicle-history report and look for accident entries, salvage branding, flood exposure, odometer inconsistencies and repeated auction listings.
- Review service documentation. Look for scheduled maintenance, campaign or recall completion, fluid services, tire replacement and repairs to suspension, cooling, battery or charging systems.
- Inspect the body and structure. Check panel gaps, paint texture, glass markings, underbody damage, corrosion and uneven tire wear. Uneven wear can point to alignment or suspension issues.
- Test every electronic feature. Operate screens, cameras, sensors, powered seats, climate controls, liftgates, windows, sunroofs and driver-assistance functions. Confirm that warning messages clear after the vehicle starts.
- Scan the diagnostic system. An OBD2 scanner can identify stored or pending fault codes that are not visible on the dashboard. It is an inspection aid, not a depreciation calculator, and a clean scan does not replace a mechanical examination.
- Arrange an independent road test and inspection. A qualified technician should evaluate cold-start behavior, transmission operation, braking, steering, suspension, leaks and, for an EV, charging and battery-related diagnostics.
- Reconcile findings with the price. Get written estimates for immediate and upcoming work, then compare the total with another example or a different model before committing.
What are the main risks of buying after a steep depreciation drop?
- Deferred maintenance: The previous owner may have postponed expensive scheduled work because the SUV was losing value quickly.
- Complex electronics: Premium screens, cameras, air suspension and powered hardware can be costly when faults occur outside warranty.
- Wear hidden by cosmetic presentation: Detailed paint and a clean cabin do not prove that the drivetrain, cooling system or suspension is healthy.
- Financing imbalance: A buyer can owe more than the SUV is worth if the loan term is long or the down payment is small.
- Resale uncertainty: Another steep drop is possible if fuel prices, incentives, technology or market supply change.
These risks do not make every vehicle on the list a bad purchase. They mean the discount should be treated as compensation for uncertainty, not as evidence that ownership will be inexpensive.
What is the practical takeaway for buyers and owners?
For buyers, the biggest percentage bargain is the QX80, while the largest average dollar discount is attached to the Range Rover. For owners considering a new purchase, the table is a warning that luxury features and a high MSRP can create unusually large losses within five years. For used shoppers, the sensible target is not simply the model with the largest decline; it is the individual SUV with verifiable history, a clean inspection and a total cost that fits the budget.
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Frequently Asked Questions
Can a vehicle-history report prove that a depreciated SUV is reliable?
No. It can reveal recorded accidents, title events, mileage entries and some service history, but many repairs never reach a centralized database. Pair the report with invoices and an independent inspection.
How does mileage affect the price of a five-year-old luxury SUV?
Mileage changes the value of an individual vehicle and can make it differ substantially from the model average. Compare examples with similar mileage, use pattern and equipment rather than applying the study’s percentage to every listing.
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Should I buy an extended warranty for a used luxury SUV?
Treat a service contract as a separate financial decision. Read exclusions, deductibles, authorization rules, coverage limits and cancellation terms, and compare the contract cost with likely repairs and the vehicle’s remaining factory warranty.
Are electric SUVs cheaper to maintain after depreciation?
They may have fewer routine engine services, but battery, charging, thermal-management and high-voltage-system repairs can be costly. Confirm battery warranty terms and obtain model-specific diagnostic information before assuming lower total ownership cost.
