People looking for the best cars to buy have much to consider, with depreciation among the most important. This is why searching for the cars with the best resale value is paramount. Luckily, there’s a ton of information about vehicles that fit the bill and those that don’t. Continue reading for a list of automakers with vehicles that lose an insane amount of value within the first five years of ownership. Spoiler alert: This list includes Tesla vehicles.

What is car depreciation?

Car depreciation is the decrease in value that all vehicles go through. In fact, even the best cars to buy begin to lose value as soon as the new owner drives it off the lot. Still, wear and tear, age, mileage, and many other factors beyond the owner’s control cause the most depreciation. For this reason, finding cars with the best resale value is one of the most essential parts of the buying process.

1)Tesla vehicles are known for car depreciation

Quartz recently reported on the five automakers with the highest car depreciation rates. According to its ranking, Tesla was the worst, as its cars are likely to lose 54.7% of their value in the first five years of ownership. Of course, there have been several stories in the news lately about people selling their Tesla vehicles and learning they’re worth much less than they anticipated. 

2)Land Rover vehicles don’t hold value

People looking for cars with the best resale value should perhaps bypass Land Rover. Sure, the company offers rugged luxury SUVs, but this report says they could lose 54.5 percent of their value in only five years. Of course, luxury options experience higher car depreciation rates, but this is still extreme. 

3)Jaguar has a reputation for this

Few iconic luxury automakers match the reputation that Jaguar has been able to hold onto. It offers top-of-the-line high-performance cars that are the definition of class. However, these cars are horrendous when it comes to depreciation. After only five years, Jaguar vehicles will likely lose 54.3% of their value. 

4) Lincoln vehicles are also known for car depreciation

Lincoln vehicles are some of the most influential in automotive history. This isn’t so much the case with more recent models, but no one can deny the mark the automaker has left. However, the company isn’t known for having cars with the best resale value. It’s not unheard of for them to shed 53.8 percent of their value in five years. 

Check out this recent article on three discontinued vehicles Lincoln should bring back.

5) Cadillac cars won’t be worth much after five years

Cadillac is also one of the worst for car depreciation, but it’s not as bad as some of its rivals. This report says Cadillac vehicles could lose around 52.3 percent of their value in the first five years. 

Automakers that have cars with the best resale value

• Toyota- Only likely to lose 30.7 percent of their value in five years.
• Mazda- Its vehicles are likely to shed 34.7 percent of their value.
• Honda- Cars from this automaker may lose about 34.8 percent of their value.
• Fiat- Only 36.3 percent of their value.
• Subaru- These cars could lose 36.4 percent of their value.

Check out this recent article on the three worst parts of owning a subcompact SUV for more reading.