5 Best Resale Value Cars
Many people overlook the resale value when it comes to picking the right car for them and focus on things like performance, fuel economy and looks. But if you want to recoup some of your money back, consider the resale value.
1. Jeep Wrangler
Even though a Jeep SUV may not be the most reliable car, as these iconic off-roaders are well-known to have some issues, it doesn’t mean they don’t hold their value. The Jeep brand has massive enthusiasts and people who live for this brand.
The high demand for this rugged vehicle is why the Jeep Wrangler's resale value is much higher than that of other vehicles. According to this study by iSeeCars.com, an average five-year-old Jeep holds up 79.2% of its MSRP value, while other cars only keep 61.2% of their MSRP.
This minimal 20.8% depreciation for the Jeep Wrangler means that owners, on average, will lose $8,951 from the original MSRP value, which is a very safe and manageable depreciation. This financial security is a significant advantage of owning a car with high resale value.
2. Porsche 911
The iconic Porsche 911 is a dream sports car for many, and its timeless appeal ensures that these German-made cars hold their value extremely well. Whether you want an older, classic Porsche 911 model, such as the 930, or a newer, sportier model, like the 992, it has excellent resale value.
Even though a 911, 992-model coupe's five-year depreciation is $18,094, that is only a 9.3% drop in the vehicle's value. Older models like the 964 or even the 996 hold their value extremely well.
So whether you are looking to get into a modern, high-performance machine like the newer Porsche 911 992 model range or you want something more collectible, these coupes will keep their value.
3. Subaru Crosstrek
Subarus may not be everyone's first choice in a car, but these all-wheel-drive boxer cars can hold their value extremely well. This is because these Japanese-made vehicles are reliable, perform well and can take a beating off the road.
The Subaru Crosstrek shows all these qualities, which is why these SUVs hold their value so well. On average, these SUVs lose around 24.5% of their original MSRP value over five years, which means you get a great value car when you purchase one of these.
It may not be everyone’s favorite off-road SUV. Still, with great performance and reliability, plus the added benefit of having a great resale value, a Subaru Crosstrek is a great buy for anyone.
4. Toyota 4Runner
The Toyota 4Runner is one of the best midsize SUVs money can buy, which leads to these Toyota’s having a great resale value. Plus, Toyota’s legendary reliability and capabilities also increase the value of these SUVs even as they age.
On a five-year average, a Toyota 4Runner will keep 72.6% of its original book value, which means the SUV will lose an average of $13,147 over that five-year span.
Even though it may lose 27.4% of its value, the Toyota 4Runner is a great choice for an SUV that tackles any obstacle plus holds its value in the long run.
5. Toyota Tacoma
The need for a pick-up truck for many people will often lead to the Toyota Tacoma, as this beast of a truck is one of the best on the market. Similar to the 4Runner, these trucks are built well and are known to be highly reliable.
The reputation of these trucks has led them to keep 79.6% of their original MSRP value for over five years. This means this truck is a great option for someone who likes to trade in or replace their truck every few years.
Why is Resale Value Important
Car selling is a great way for owners to recoup the costs of the vehicle or even make a profit with certain models. But it’s a well-known fact that cars depreciate in value the moment you drive them out of the showroom. However, while it is rare for vehicles to hold their value and even rarer for them to gain value, it can happen if you know what to look for in a car.
Worth Every Mile
Whether you want a car you can trade in for a new one or are looking for an investment, these choices are a must-buy. While this list only explores five of the best resale value cars with great resale value, many cars out there also have good resale value if you keep them in good shape.
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