Cars are holding their value longer than they used to, according to a new iSeeCars study — but that’s still relative. The average depreciation over five years is now about 39%, compared with about 50% before the COVID-19 pandemic. The car shopping data site figured this through an analysis of more than 1.1 million used cars, all from model year 2018 and sold between November 2022 to October 2023.
