If you’re thinking of purchasing a new car, the rate of depreciation is an important consideration to make. Unfortunately, most cars depreciate enormously in the first few years—but not all! In this article, we’ll share 17 cars that better retain their value, making them a great choice for buyers hoping to maximize their investment.
Toyota Tacoma
The Toyota Tacoma holds its value best among other trucks, with only 20.4% depreciation over five years. The vehicle is consistently in demand due to its durability and reliability, plus it offers a balance between utility and daily drivability. It also looks pretty cool! What’s not to love?
Jeep Wrangler/Wrangler Unlimited
The resale value of this car is fantastic due to its exceptionally low depreciation of 20.8% over five years. Jeep Wranglers are highly sought after for their robust off-road capabilities and iconic design, maintaining popularity due to their distinctive style and customization options.
Toyota Tundra
According to Kelley Blue Book, “Far and away, the Toyota Tundra retains its value better than any other full-size truck.” It’s said to lose only 25.3% of its value over five years. The Tundra is also known for its longevity and reliability, often appealing to secondary market buyers.
Toyota Prius
The Toyota Prius pioneered the hybrid market, resulting in a slower (and impressive) depreciation of 27.5%. The eco-friendly car continues to attract buyers with its reputation for fuel efficiency and technological innovations. It features lots of advancements that keep it competitive.
Chevrolet Colorado
Chevrolet Colorados depreciate by approximately 30.2% over five years, which isn’t too bad in comparison to others. The midsize vehicle attracts buyers looking for a more manageable size without sacrificing performance. Available in various trims and configurations to meet different needs, it’s a serious contender.
GMC Canyon
One of the best in the truck category, the GMC Canyon retains up to 87% of its value after three years, which is very impressive. It’s compact yet capable, making it ideal for those who need the space and features of a truck but prefer to drive a smaller vehicle.
Nissan Frontier
Nissan of Rochester says that the “midsize Nissan will retain 88.6% of its value over the next 5 years of ownership.” It’s also affordable, offering a good balance of price and capability, increasing its appeal. Recent redesigns have improved its competitiveness in the market.
Toyota 4Runner
The Toyota 4Runner is notable for a low depreciation rate of 27.4% over five years, meaning it has a good resale value. The car is also adventure-ready and highly regarded for its off-road and rugged activity capabilities. Its longevity and toughness contribute to its desirability.
Toyota Highlander Hybrid
Another Toyota, the Highlander Hybrid depreciates at a slower rate than many others—36.5%, due to its efficient hybrid technology. It offers three rows of seating, making it ideal for families, and attracts eco-conscious buyers with its fuel economy.
Honda HR-V
The Honda HR-V is said to lose about 26.2% of its value over five years, which isn’t too bad at all. The compact SUV is popular among those seeking a smaller, more maneuverable vehicle, as well as those searching for reliability and economy.
Subaru Crosstrek
This car stands out with a depreciation rate of just 18%, and according to CarEdge, it ranks “in the top 20% of models at years 3, 5 and 7.” All-wheel drive comes standard, enhancing its appeal in regions with adverse weather. The car also balances the characteristics of a hatchback with the benefits of an SUV.
Lexus RX 350
For a luxury SUV, a depreciation of 40.9% is considered excellent. The Lexus RX 350 is also known for its comfortable ride and high-quality interior. Due to the brand’s stellar reputation of being reliable, this car has an impressive resale value.
Toyota RAV4
A Toyota RAV4 is a solid investment as it depreciates by only 27.2%, making it a robust choice for resale. This is a popular model—one of the best-selling SUVs, known for versatility and reliability. It’s also well-equipped with safety features that remain in demand.
Subaru Impreza
Another car with steady value retention, this one is known for losing less value over time compared to other compact cars. The all-wheel drive standard enhances its appeal in markets with adverse weather conditions, and it’s appreciated for its practicality and Subaru’s reputation for reliability.
Nissan Titan
According to MotorBiscuit, the only depreciation that Nissan Titans have is in terms of popularity, as they tend to sell for close to what they were purchased for. The vehicle’s strong V8 engine appeals to those needing robust performance, and it offers ample cabin space for cargo hauling.
Ford F-150
The Ford F-150 experiences a 36% depreciation over five years and offers a wide range of models and engine options to suit various needs. It’s continuously updated with the latest technology and features. Why not give it a try?
Chevrolet Silverado 1500
This car has a moderate depreciation, losing about 38.3% of its value after five years. However, this isn’t too high and is considered worth it for its towing and payload capacities. The Chevrolet Silverado 1500 is popular among both commercial users and private owners due to its versatility.