Cars have become more expensive than ever in recent years. They demand overpriced maintenance, repairs, and insurance, and their values drop pretty quickly. However, amidst the challenging landscape of the automobile market, there is a glimmer of hope for savvy buyers: cars with exceptional resale value. So, let’s delve into the world of automotive longevity and discover the best resale value cars on the market.
There’s a popular adage that says your brand-new car usually starts to lose its value somewhere between 9% and 11% the minute you drive it off the lot. But is this true? Before you drive off the lot, it’s a good idea to have a fundamental understanding of what the vehicle’s speculated resale value will be in the next five years. These are the vehicles that manage to defy the norm, holding onto their worth far better than the average vehicles available out there.
If you’re in the market for a new car and want to make a smart investment that won’t depreciate rapidly, you’ve come to the right place. In this blog, we’ll unveil the 7 best resale value cars your money can buy, providing you with valuable insights to ensure that your hard-earned cash is wisely invested in a vehicle that will retain its value for years to come.
Via Cars.com
Best Resale Value Cars
Honda Civic
When you think about “cars with the best resale value,” the Honda Civic, a longtime favorite among drivers, might come to mind. Regarded as one of the world’s most reliable cars, the Honda Civic continues to dominate the market with its build and practicality. Whether it’s for daily commuting or long road trips, the Honda Civic does the job for you. Its strong resale value is a testament to its enduring popularity and trustworthiness in the automotive world.
| Starting price | $23,750 |
| Depreciation over 5 years | 16% |
| Resale value over 5 years | 49.8% |
Ford Maverick
As a young player in the game, the Ford Maverick has quickly made a name for itself in the compact pickup truck category. Combining impressive fuel economy with versatile, tech-savvy features, the Maverick appeals to both city dwellers and adventure seekers. Its attractive starting price and slow decline in value over time cement its position among the best resale-value car brands.
| Starting price | $23,750 |
| Depreciation over 5 years | Appreciated in value |
| Resale value over 5 years | 59.5% |
GMC Sierra
The GMC Sierra has earned a strong reputation as a capable full-size pickup truck. Moreover, it has become the preferred alternative for truck lovers due to its spacious interior, strong engine options, and advanced towing capability. Its enduring resale value showcases its ability to stand the test of time, making it a wise investment for those needing a rugged companion for both work and play.
| Starting price | $37,200 |
| Depreciation over 5 years | 22% |
| Resale value over 5 years | 63.0% |
Lexus IS
Luxury and reliability come together in the Lexus IS, a compact executive sedan that offers a smooth and refined driving experience. With its elegant design, cutting-edge technology, and premium features, the IS delivers on what it promises, improved style and performance. Its high resale value reflects the brand’s reputation for crafting durable vehicles.
| Starting price | $39,850 |
| Depreciation over 5 years | 29% |
| Resale value over 5 years | 39.0% |
Toyota Tundra
The Toyota Tundra stands tall as a full-size pickup truck renowned for its dependability and off-road prowess. Equipped with powerful engine options and a spacious cabin, the Tundra effortlessly handles tough tasks and weekend adventures. Toyota’s commitment to quality is evident in the Tundra’s impressive resale value, making it a top choice for those seeking long-term value.
| Starting price | $36,965 |
| Depreciation over 5 years | 19.5% |
| Resale value over 5 years | 70.8% |
Subaru Crosstrek
People looking for a compact SUV that can handle various terrains will find the Subaru Crosstrek an ideal match. With its standard all-wheel drive, generous cargo space, and fuel efficiency, the Crosstrek has earned a place among cars with the best resale value after 5 years. The Subaru Crosstrek is a wise investment, and its high resale value confirms the brand’s reputation for producing strong, dependable automobiles.
| Starting price | $24,995 |
| Depreciation over 5 years | 18% |
| Resale value over 5 years | 52.3% |
Kia Telluride
The Kia Telluride, a standout in the midsize SUV segment, impresses with its upscale design and spacious interior. With a comfortable ride and ample cargo capacity, the Telluride has been continuously pulling buyers to dealerships nationwide. Kia’s dedication to quality and innovation is evident in Telluride’s excellent resale value, ensuring that this SUV remains a sought-after option for years to come.
| Starting price | $35,890 |
| Depreciation over 5 years | 35% |
| Resale value over 5 years | 51.9% |
Whether you prioritize reliability, luxury, or adventure, these vehicles offer something for everyone while holding their value exceptionally well over time. So, make your choice wisely and drive confidently, knowing that you’ve made a sound and enduring investment in your chosen set of wheels.
Also Read: The Cheapest Toyota Cars of 2023 – Find Out!
FAQs
What color car has the best resale value?
The effect of the color on a car’s resale value varies from location to location. But generally, cars with vibrant colors, including yellow, orange, green, red, and blue, tend to rank top when it comes to resale value.
Which car has the best resale value?
There are plenty of cars available out there that offer high resale value. According to Kelley Blue Book, the top 10 best resale value cars of 2023 are:
- Toyota Tundra
- Toyota Tacoma
- Tesla Model
- Ford Bronco
- Chevrolet Corvette
- Toyota 4Runner
- Honda Civic
- Ford Maverick
- Subaru Crosstrek
- Jeep Wrangler
Which electric cars have the best resale value?
Among the electric cars that hold the best resale value, Chevrolet Bolt EV, Tesla Model 3, and Model X rank at the top.
Also Read: To Trade-In or Not: When It’s Best Time to Let Go of Your Car
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