These 10 Used Cars Experienced the Steepest Price Drops in 2025

These 10 Used Cars Experienced the Steepest Price Drops in 2025

A good time to be a buyer Used car prices are finally starting to creep upward after two years of post-pandemic corrections, but that doesn’t mean every vehicle is gaining value. According to a new study by iSeeCars analyzing 2.4 million used sales in May 2024 and May 2025, several once-popular models are still dropping fast, especially in the electric vehicle and luxury categories. While the average 1- to 5-year-old used car now costs $32,317 — up 2% from a year ago — some vehicles lost 10% or more of their value. Here are the top 10 biggest losers in 2025. Tesla Model S No vehicle lost more value this year than the Tesla Model S. Once a status symbol for early EV adopters, the average used Model S dropped 16% year-over-year, shedding $8,837 to land at an average price of $46,503. For a vehicle that started well north of $80,000 when new, that’s a significant fall, and a reflection of how quickly electric luxury sedans are depreciating. While newer versions still offer jaw-…