Key takeaways
- The median 2023-to-2026 asking-price ratio was 65.5% across 252 qualifying models.
- The reported range was 38.7% for the Maserati Grecale to 91.5% for the Honda Civic Type R.
- Both model years were measured on August 4, 2026. This is a comparison of different vehicles at one point in time.
A 2023 Honda Civic Type R listed at a median $44,900, compared with $49,045 for the 2026 model year. A 2023 Maserati Grecale listed at $36,730, compared with $94,994 for the 2026 model year. These are very different asking-price gaps, but neither measures what a particular owner paid or lost.
We use the ratio of the older model year's median asking price to the current model year's median as a depreciation proxy. Across 252 qualifying models, the median ratio was 65.5%. It is a median of model-level ratios, not a listing-weighted estimate for the entire used-car market.
Read the price gap, not an ownership return
The 2026 reference is a current model-year asking price, not the original selling price or sticker price of a 2023 vehicle. Differences in mileage, condition, trim mix, equipment and model redesigns can all affect the comparison. This analysis does not isolate those effects or establish their causes.
Selected model-year price comparisons
The following ten models are selected examples from the archived results, including both ends of the reported range. Each pair uses its own dollar scale so the bars show the ratio within that model. The table below provides the exact dollar amounts for comparisons between models.
| Model | 2023 median | 2026 median | Ratio |
|---|---|---|---|
| Honda Civic Type R | $44,900 | $49,045 | 91.5% |
| Porsche 911 | $194,888 | $219,990 | 88.6% |
| BMW M3 | $82,762 | $94,981 | 87.1% |
| Honda Civic | $24,800 | $29,320 | 84.6% |
| Toyota Corolla Cross | $27,500 | $32,974 | 83.4% |
| Maserati Grecale | $36,730 | $94,994 | 38.7% |
| Tesla Model S | $56,988 | $139,900 | 40.7% |
| Mercedes EQS Sedan | $48,077 | $112,095 | 42.9% |
| Nissan Leaf | $17,994 | $37,460 | 48.0% |
| Audi A6 | $34,990 | $72,181 | 48.5% |
This is a selected ten-model table, not the full 252-model dataset. Every qualifying pair had at least 30 active listings in each model year. The archived results record exact counts for the Honda Civic: 2,302 listings for 2023 and 12,845 for 2026. Exact counts for the other examples are not included in the archived extract.
What buyers can use this for
- Compare your options. A large price gap can help identify models to investigate, but it does not by itself establish a bargain. Compare equipment, mileage, condition and the costs of the specific vehicles you are considering.
- Check the model, not just the brand. The published results include an 87.1% ratio for the BMW M3 and 47.9% for the BMW M850i. These are model-year comparisons, not forecasts.
- Keep ownership costs separate. A high ratio does not promise a low future loss. Financing, maintenance, insurance and the eventual sale price are outside this study.
Explore individual models
Compare current model information for the Honda Civic Toyota Corolla Cross and Mazda3. Or explore model-year price patterns for the Tesla Model S Mercedes S-Class and Nissan Leaf.
Methodology and limitations
Source: VinAssessment national model-year price statistics, snapshot dated August 4, 2026; analysis run August 10, 2026. We retained models with at least 30 active listings in both 2023 and 2026. A total of 252 model pairs qualified. Ratios use median asking prices and are rounded to one decimal place.
These are cross-sectional listing comparisons. We did not follow the same VINs from a new purchase to resale, control trim or mileage mix, or observe completed transaction prices. A redesign or change in a model's price positioning may affect its ratio. The archived extract contains selected model results and summary statistics, not a complete 252-row export.
Editorial clarification, September 12, 2026: clarified the difference between model-year price ratios and ownership depreciation, added published dollar pairs and sample limits, and removed unsupported resale predictions. The underlying August snapshot has not changed. See how we build these studies.