In iSeeCars’ 2026 U.S. study, the Nissan LEAF had the highest average five-year depreciation among the 10 listed EVs, at 63.1%. The Tesla Model 3 had the lowest, at 54.6%. The EV average was 57.2%. These are market-study averages—not predictions of what a specific car will be worth.
EVs ranked by average five-year depreciation
iSeeCars compared new-car MSRP with the price of an equivalent five-year-old used model. The figures below are the study’s average depreciation percentages and average dollar differences from MSRP; the model ranking is for the U.S. market.
| Rank | EV model | Average five-year depreciation | Average difference from MSRP |
|---|---|---|---|
| 1 | Tesla Model 3 | 54.6% | $20,213 |
| 2 | Porsche Taycan | 54.7% | $54,403 |
| 3 | Hyundai Kona Electric | 56.5% | $18,581 |
| — | EV average | 57.2% | $28,435 |
| 4 | Kia Niro EV | 57.3% | $22,742 |
| 5 | Tesla Model Y | 57.8% | $26,020 |
| 6 | Ford Mustang Mach-E | 60.8% | $22,976 |
| 7 | Tesla Model X | 61.2% | $61,216 |
| 8 | Tesla Model S | 62.0% | $58,907 |
| 9 | Volkswagen ID.4 | 62.1% | $28,010 |
| 10 | Nissan LEAF | 63.1% | $17,743 |
Source: iSeeCars’ 2026 vehicle value-retention study. Its analysis covered more than 950,000 five-year-old used cars sold from March 2025 through February 2026. Percentages and dollar differences are study averages, not guaranteed outcomes for individual owners.
What the ranking measures—and what it does not
The depreciation percentage represents the difference between a new vehicle’s MSRP and the price of an equivalent five-year-old used model. iSeeCars says its value-retention score uses statistical analysis and U.S. Bureau of Labor Statistics data to adjust for inflation. It is a U.S. market comparison, not a universal ranking for other countries.
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A percentage rank and a dollar loss answer different questions. The LEAF ranks last by percentage, but its average difference from MSRP is $17,743. The Porsche Taycan’s average difference is $54,403 despite a lower depreciation percentage. A lower percentage loss therefore does not necessarily mean fewer dollars between MSRP and the used-car price.
The table describes averages across the study’s market sample. It does not quantify how mileage, trim, condition, battery health, sales channel, or local inventory affect a particular vehicle’s value.
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How EV depreciation compares with other vehicle segments
In the same 2026 iSeeCars study, EVs had the highest average five-year depreciation among the listed broad segments:
| Vehicle category | Average five-year depreciation |
|---|---|
| EVs | 57.2% |
| All vehicles | 41.8% |
| Hybrids | 35.4% |
| Trucks | 34.2% |
For comparison, iSeeCars reported EV depreciation of 58.8% and overall vehicle depreciation of 45.6% in its preceding comparison year. Its 2026 study says every major vehicle type retained more value than in 2025, while the improvement for EVs was small. These category averages do not explain why any individual model landed where it did.
Rank #3
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Why regional EV resale figures are not interchangeable
Used-EV resale patterns vary by region, and international indicators use different methods from the iSeeCars model ranking. The IEA’s Global EV Outlook 2026 reports that used electric-car sales across China, France, Germany, Italy, Spain, the United Kingdom, and the United States exceeded 3 million in 2025, about 35% above 2024. Across the five European markets, BEV value retention fell from about 50% in 2022 to 35% in 2025; the report says U.S. BEV resale values ended 2025 roughly 25 percentage points below the overall market.
Those are regional market indicators, not model-by-model U.S. depreciation rates. The IEA’s value-retention chart measures resale price relative to original purchase price. It uses the last month of each year because monthly sales volumes are not available for all markets, and the figures could not be adjusted for the average age of vehicles sold. The U.S. value for 2025 is an estimate because of data availability.
Rank #4
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The IEA also characterizes U.S. resale values as volatile and notes that Tesla’s 2023 new-car price cuts rapidly eroded used-EV pricing. That is context offered by the IEA, not proof that price cuts explain every result in the iSeeCars model table.
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