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Cars with the worst resale value in 2022

Car values are all over the map right now. Used vehicles that were worth a small fortune earlier this year are now coming back to Earth, but the new vehicle supply remains tight. Prices are still elevated overall, but some models have seen more severe price drops. Depreciation strikes almost every model, supply constraint or not, though a few vehicles are leading the way. New research from analytics iSeeCars found that a handful of cars depreciated more than 50 percent over five years, with the BMW 7 Series dropping 56.9 percent and an average price cut of $61,923 over that time. The vehicles with the highest depreciation — or worst resale value — over five years: BMW 7 Series: -56.9% Maserati Ghibli: -56.3% Jaguar XF: -54% Infiniti QX80: -52.6% Cadillac Escalade ESV: 52.3% Mercedes-Benz S-Class: 51.9% Lincoln Navigator: -51.9% Audi A6: -51.5% Volvo S90: -51.4% Ford Expedition: -50.7% iSeeCarsÂ’ research showed that midsize trucks, sports cars, and fuel-efficient vehicles were slowest to depreciate over five years, while itÂ’s clear that luxury brands tend to lose value much faster. As iSeeCarsÂ’ Executive Analyst Karl Brauer explained, used buyers donÂ’t value high-end vehiclesÂ’ features as much as the first owners, so resale values tend to be softer. The tech and options that made the cars so expensive and appealing new donÂ’t add the same value on the used market. Read more: Cars with the best resale value Interestingly, electric vehicles also depreciated quite heavily, though they were just short of the abysmal numbers in luxury segments. The Nissan Leaf depreciated most among EVs, dropping by 49.1 percent. The average EV depreciation is 44.2 percent, with the Tesla Model S and Model X sliding in right under the bar at 43.7 and 38.8 percent, respectively. As iSeeCars notes, itÂ’s important to be vigilant when car shopping and not let your emotions win over reason. Shiny new luxury cars look great in the showroom, but you could end up taking a bath when you try selling them a few years later on. Related video: Audi BMW Cadillac Ford Infiniti Jaguar Lincoln Maserati Mercedes-Benz Volvo Car Buying Used Car Buying Ownership Resale Value depreciation

Jaguar upgrades I-Pace with increased range for free

Jaguar launched the I-Pace eTrophy racing series in 2018, and ever since, it's been collecting data on its battery electric crossover. Using that research, Jaguar has managed small refinements that incrementally improve how the car runs and drives. In past times, these types of upgrades were implemented during a refresh or redesign, but thanks to the computerized nature of modern vehicles, tuning information can be relayed to the vehicles immediately. Installed by dealers, Jaguar is releasing a free I-Pace software update that affects the battery, aerodynamics and all-wheel-drive system.   Jaguar already offers one of the best battery-operated vehicles on the road today, but the competition pool is quickly improving and becoming more crowded. In order to keep the I-Pace fresh, Jaguar decided to share its learnings from its eTrophy racing series and "more than 50 million miles" of real-world driving.  As it stands, the I-Pace packs a 90-kWh lithium-ion battery that is EPA-rated at 234 miles on a single charge. It has 394 maximum horsepower, 512 lb-ft of torque, and Jaguar claims it can do 0-60 mph in 4.5 seconds. With the new update, Jaguar says the battery can "run to a lower state of charge than previously without affecting drivability, durability, or performance." This only affects range and efficiency, though, not power. All I-Paces are all-wheel-drive, and the update directly affects the car's traction system. Jaguar has refined the torque distribution between the front and rear motors, which improves the car's efficiency in ECO mode. A third update deals with the car's aerodynamics. Jaguar has refined thermal management control by using the active radiator vane system more frequently. Finally, small tweaks also improved the regenerative braking system.   All said, these upgrades potentially equate to an 8% increase in range, which is about 12 miles, depending on usage. Jaguar did note, however, that the official EPA number would not change. Those who own I-Paces can take their cars to a local dealership, and a technician will update the software, which also includes advanced over-the-air functionality. 

An E-Type in the garden: rotting '63 Jaguar heads for auction

There's something about formerly gorgeous cars in dilapidated states from which the eye cannot turn away. The devastatingly cruel fate of this Jaguar E-Type is an illustration. Next week, it likely begins a new life. Still voluptuous after decades rotting in a garden, this 1963 Series 1 fixed head coupe will be offered for sale at the Coys auction Tuesday in London. The car has 44,870 miles on the odometer and has passed through several owners, including one with a tangential connection to the Beatles and another man who used the Jag to pull his MG to Brands Hatch. He would race them both, according to Coys' listing, wringing the most out of the E-Type's 265-horsepower inline six. Ivor Arbiter was owner No. 1. His link to history is that he designed the Beatles drop-T logo in the early '60s and was reportedly paid five British pounds for it. He bought the E-Type new in 1963, used it, and then sold it to in 1965. The E-Type passed through a couple of owners until motorsports enthusiast Frank Riches bought it in '67. He tracked the Jag at some of Britain's iconic circuits and drove it until he fried the clutch. Coys cites a story from Riches' brother recounting when the E-Type hit 150 miles per hour on a public road, its listed top speed. It was in storage until the 1980s, and then Riches relocated it to his garden, where it has sat for years. Considering its long dormancy, the Jag appears to be in reasonable shape. It's never been restored, obviously, and Riches still has many of the original parts he replaced, including the center console and radiator bar. Coys notes that the seats have a "lovely patina" and are worth saving, too. The buyer also gets a brown logbook, the sales invoice to Riches, two service books (it is a '63 Jag) and a spare parts catalogue. A Coys auctioneer told ITV.com that the car could net about $140,000. Related Video: Jaguar Auctions Coupe Luxury Performance jaguar e-type