In recent years, the Lincoln Navigator has ranked as one of the fastest-depreciating vehicles on the market in a few studies, which isn’t surprising for a luxurious vehicle that’s sold new with a higher MSRP. Those types of vehicles tend to depreciate at a more rapid rate than their mainstream alternatives, after all, making them a solid target for those in the used market. Now, a new study once again shows that the Lincoln Navigator remains among the quickest-depreciating vehicles on the market, but this time, it’s the long-wheelbase L model, specifically.
According to this new study from iSeeCars, the Lincoln Navigator L ranked 22nd among the top 25 vehicles experiencing the most depreciation over the past five years. The Navigator L, on average, has shed 60.3 percent or $62,069 from its original MSRP, 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.
“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.”
This has certainly been true of the Lincoln Navigator in recent years, as that model ranked as one of the fastest-depreciating vehicles on the market in both 2022 and 2023 in other studies. However, the Navigator was among the top 10 one-to-five-year-old used vehicles with the largest price jumps in another study from iSeeCars just a couple of weeks ago as well.
Switching up the look while shaving some weight.
A nicely kept example of the elongated model.
The redesigned SUV is conquesting its fair share of GM owners.
A bit later than previously expected.
Only three changes are in store for its last model year.
Long-term financing on the coupe and convertible pony car.
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Since the 2025 Lincoln Navigator starts at $101,990, expect even more depreciation.
Very misleading with these numbers! You state: “on average, has shed 60.3 percent or $62,069 from its original MSRP, compared to the overall average of 45.6 percent, or $17,395”. Shedding 60.3% or $62,069 from MSRP means that MSRP was $102,933. However 45.6% from this MSRP is certainly not $17,395 as your statement implies. 45.6% off this same MSRP would be $46,937. So the dollar difference is not nearly as much as your statement implies!
That's probably because you plunk down over a hundred grand and never get another BlueCruise update for the rest of your life. Leaving you with a barely beta release of software that eventually will bounce you off another truck.
I just purchased a 2022 Lincoln Navigator for $58800 with a hair over 30000 miles on it the original sticker price was $102000. I had sticker shock from the original price and really did want to buy this navigator but my wife fell in love with it so now it's in our driveway. :)