Ford Expedition Among Top Cars With Highest 5-Year Depreciation

In recent years, we’ve seen the Ford Expedition land on more than one list of the fastest-depreciating vehicles one can purchase new, which isn’t great news for those opting to go that route. After all, depreciation is oftentimes the biggest expense that new vehicle buyers incur, though it can vary greatly from model to model. Unfortunately for those in the market for a new Ford Expedition Max, specifically, the full-size SUV just made the cut as one of the top new vehicles experiencing the highest five-year depreciation, too.

This study comes to us from iSeeCars, which found that the Ford Expedition Max was the 25^th fastest-depreciating vehicle after shedding 60 percent of its value on average over the past five years, or $36,692, compared to the overall average of 45.6 percent, or $17,395. It’s still far from the worst offender, however – the “first place” Jaguar I-Pace has lost a whopping 72.2 percent of its value over the past five years, or around $51,953 compared to its MSRP when new. To come up with these results, iSeeCars analyzed over 800,000 five-year-old used vehicle sales conducted between March 2024 and February 2025.

Meanwhile, the Ford Expedition Max’s luxurious counterpart – the Lincoln Navigator L – ranked 22^nd on this same list after losing 60.3 percent or $62,069 of its original MSRP over five years. It isn’t all bad news for Blue Oval fans, however, as two models ranked among the top 25 in terms of experiencing the least amount of depreciation over five years – the Ford Mustang, which ranked eighth after losing 29.2 percent or $9,325 of its value versus the original MSRP, and the Ford Ranger finished 20^th after losing 34.7 percent of its value, or $11,472.

“Depreciation remains the most expensive aspect of buying a new vehicle, and the variation between vehicle types and specific models is something consumers should consider when researching their next purchase,” said iSeeCars Executive Analyst Karl Brauer. “The difference between buying a hybrid versus an electric vehicle could be tens of thousands of dollars in lost value. Both the percentage and dollar value drop of luxury vehicles need to be considered for new car buyers. While a premium badge and the increased performance or luxury features that come with it are often sought out by new car buyers, the used car market doesn’t prioritize those traits to the same degree, thus the consistently higher depreciation for luxury models.”