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Which Used Cars Hold the Most Value on the Market?

September 12, 2022
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Unlike real estate, fine jewelry or timeless memorabilia, cars are assets that depreciate rather quickly, especially if you purchase a brand-new vehicle.


Along with maintenance and insurance costs, depreciation is one of the main expenses associated with car ownership. A brand-new car’s price is reduced by 15 percent immediately after leaving the dealership. During the first three years of ownership, your vehicle loses anywhere from 20 percent to 40 percent of its original value.  


While all vehicles depreciate over time, some retain their value better than others. For example, used pickup trucks and offroad SUV valuations are typically more durable, while compact and mid-size cars tend to depreciate the most.


If you’re looking to purchase your next vehicle, consider buying a used car, SUV or truck. Purchasing a used vehicle means you’ll avoid the steep depreciation that occurs during its first few years of life, because the first owner(s) already paid it.


If your goal is to lose as little money as possible to depreciation so you can eventually resell or trade in your ride for a favorable price, consider purchasing a used vehicle that will depreciate at a slower rate than most other cars.


Vehicles With the Best Resale Value



There are many makes and models that retain a good chunk of their original value over the first five years. Whether you’re looking for used SUVs, trucks or cars, there are several options to explore.


SUVs


  1. Jeep Wrangler
  • Five-year residual value: 72 percent
  • This iconic SUV is an excellent option for adventurous outdoor enthusiasts. The high-clearance powerhouse is perfect for off roading and scenic road trips.


   2. Toyota 4Runner

  • Five-year residual value: 72 percent
  • Another excellent option for off roading, the compact SUV is perfect for trekking through challenging terrains.


   3. Toyota Highlander

  • Five-year residual value: 67 percent
  • With three rows of comfortable seating, this family-friendly mid-size SUV stands out among others.


   4. Honda Pilot

  • Five-year residual value: 61 percent
  • This robust three-row SUV is perfect for road trips with family and friends, running errands and dropping off your kids at school.


Pickup Trucks


  1. Toyota Tacoma
  • Five-year residual value: 77 percent
  • Not many other vehicles can beat the Toyota Tacoma in terms of resale value. This midsize pickup truck is also unmatched in terms of power, space and off pavement capability.


   2. GMC Sierra 1500

  • Five-year residual value: 72 percent
  • This full-size pickup truck offers plenty of cargo room, stellar towing capacity and an impressive appearance.


   3. Ford F-150

  • Five-year residual value: 68 percent
  • This light-duty pickup embodies the essence a modern-day truck: power, comfort and efficiency.


   4. Toyota Tundra

  • Five-year residual value: 63 percent
  • As a full-size pickup truck, the Tundra offers a generous cargo box, durability and superior towing capacity.


Midsize and Small Cars


  1. Toyota Corolla
  • Five-year residual value: 66 percent
  • The Camry’s compact cousin may be smaller in size, but it’s rich in desirable features, including a budget-friendly price, fuel efficiency and a practical design, making it a popular commuter car.


   2. Honda Civic

  • Five-year residual value: 65 percent
  • A best-seller among frugal small car enthusiasts, Honda Civic embodies everything a good compact car has to offer—high fuel efficiency, a budget-friendly price and a refined design.


   3. Honda Accord

  • Five-year residual value: 60 percent
  • This mid-size car has been an all-time favorite among drivers thanks to its longevity, durability, fuel efficiency and elegant design.


   4. Toyota Camry

  • Five-year residual value: 55 percent
  • If you’re looking for a reliable and fuel-efficient car with excellent resale value, the mid-size Camry is what you need.


Find Your Next Pre-Owned Vehicle in the DMV Area


Whether you’re shopping for an economical commuter car, an SUV with stellar off roading capabilities or a pickup truck for work, Direct Car Buying is here to help you find the vehicle you need.


Explore our vast inventory of used vehicles to find a reliable and certified vehicle with stellar resale value.


Looking to sell or trade in your car? We can make you a firm offer within three business hours.


To learn more, call 877-927-6093.

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