By Steven Symes 
While most new cars are anything but appreciating assets, there are some used rides which lose their value much faster than others. Even if you’re buying something brand new and plan on keeping the vehicle for the long haul, life changes can happen suddenly, so knowing how the market is trending is helpful.
Stellantis wants to use Chrysler for experimentation.
That’s what makes the latest iSeeCars study about one to five year old used car values so interesting. The top ten which have seen the biggest price drops might surprise you and even get you to reconsider buying that brand new ride you’ve been eyeing.
What’s most notable is that Tesla has four cars on the worst ten for value retention. This doesn’t shock us, but we’re guessing a lo of people will be surprised. With EV interest plummeting, along with the famously bad build quality of Teslas, the reputation has quite the market effect.
The number one worst used car is the Tesla Model S, followed by the Model Y. Those two see a 16 and 14.2 percent year-over-year depreciation in value, respectively. Our apologies if you bought either one brand new.
Number three is another electric car, the Porsche Taycan at 12.7 percent depreciation. The Ford Explorer Hybrid lands in fourth at 11.3 percent, with the Tesla Model 3 coming next at 10.8 percent. Then it’s the Jeep Gladiator at 10.7 percent.
Rounding out the top ten of the worst is the Ford Escape Plug-In Hybrid at 10.7 percent, Mercedes-Benz GLB at 9.9, Maserati Levante at 9.5, and the Tesla Model X at 8.9 percent.
We guess the good news is you can go scoop one of these rides up for a relative deal on the used market. With newer used car prices sitting overall high, that could be a way to save some money. Just keep in mind there might be some good reasons why these vehicles are considered stinkers.
Image via Henry Ty/Facebook Marketplace