This 1 American Luxury SUV Depreciates More Than Any Other Car
Depreciation is, as Thanos told the Avengers in the blockbuster Marvel franchise, inevitable. However, one American luxury SUV depreciates more than any other popular domestic nameplate in the United States: the Cadillac Escalade ESV.
The Cadillac Escalade ESV out-depreciates any other domestic luxury SUV in America
Sorry, Cadillac fans– the long-body Escalade ESV depreciates more than any other American luxury SUV on the market. What’s more, the latest data from iSeeCars suggests that the ESV model is fifth on the list of vehicles that scrub off the most value post-purchase.
|Make and model
|Average five-year depreciation
|Average difference from MSRP
|Cadillac Escalade ESV
|Tesla Model S
The lengthy, angular Cadillac luxury SUV loses an average of 58.5% of its MSRP in the first five years. While that seems fairly commonplace for the current car market, That said, the ESV loses more value than the standard, shorter Escalade. In fact, the ESV comes in seven places ahead of the standard model in iSeeCars’ latest depreciation study.
Unfortunately for current owners, the rampant value loss means an average value of $63,885 less than the sticker on that gleaming luxury SUV when it was new. Moreover, the Escalade ESV out-depreciates any other popular domestic nameplate in the study. Understandably, the only models ahead of the Cadillac Escalade ESV are offerings from BMW and Maserati. Typical.
However, the standard Escalade luxury SUV isn’t far behind the stretched ESV version. On average, the Escalade shed an average of 56.5% of its original value within five years. That’s a shocking 17.7% beyond the national average for vehicle depreciation. Still, that could be good news for fans who want a big-body Cadillac without paying new car prices.
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