When purchasing a car, it's important to consider not only its features and performance but also how well it holds its value over time. While some are among the best resale value cars, others depreciate quickly.
In this guide, we'll examine cars that retain their value the best, ensuring you get the most out of your purchase when it's time to sell or trade it in.
Why Resale Value Matters When Buying a Car
When you're in the market for a new car, resale value might not be the first thing on your mind, but it's an important consideration that can affect your finances in the long run. A vehicle with a strong resale value retains more of its worth, meaning you'll get more money back if you decide to sell it later. This also helps offsete initial cost and reduces the overall expense of ownership.
How Depreciation Affects the Total Cost of Ownership
The moment you drive your newly purchased car off the dealership lot or after a private sale, it begins to depreciate, often making depreciation the biggest cost of owning a car.
While some cars lose value quickly, dropping by as much as 50%, others retain their value much better over the years. Choosing a vehicle with slower depreciation will minimize the loss and help you keep more money in your pocket.
The Benefits of Choosing a Car with a Strong Resale Value
Not all cars age the same way in terms of value. Some continue to fetch high prices long after they are first sold.
A brand’s reputation, a model’s appeal to consumers and its ability to meet ongoing demands in a shifting market all play a role in this. You can make a more informed decision when picking your next car by understanding market shifts and depreciation rates.
What Makes Some Cars Hold Their Value Better Than Others?
Brand Reputation and Reliability
How well cars retain their value is greatly influenced by their brand’s track record. Automakers like Toyota, Honda and Subaru often top the list. These brands have built a solid reputation for creating reliable and durable cars with consistent performance and needing fewer repairs.
Buyers in the used car market tend to favor these brands because they trust them to keep running smoothly, which helps keep resale prices higher than those of less reliable rivals.
Market Demand and Popularity
Sustained demand typically leads to cars retaining their value better. If a model remains popular over time, there will always be a group of buyers ready to purchase it on the used market.
This consistent interest ensures that resale values stay strong, especially for vehicles that align with current lifestyle trends and practical needs.
Limited Production and Special Editions
Cars produced in small numbers or released as limited editions often gain a unique status that increases their market value. Consider models like the Mustang or Porsche 911 – both are highly sought after by collectors and enthusiasts due to their rarity.
This exclusivity can elevate a car’s value in the used market by making it more than just a means of transportation.
Fuel Efficiency and Eco-Friendly Models
Vehicles that use fuel or run on hybrid or electric power, such as the Tesla Model 3 or Toyota Prius, retain their value remarkably well as petrol prices rise and environmental consciousness increases. These models appeal to buyers who want to reduce their carbon footprint and save money at the pump.
Top Cars That Hold Their Value Best
Best Resale Value Sedans
Toyota Camry: Loses about 40% after 5 years.
- Known for its exceptional reliability and durability, which keeps demand high in the used car market.
- Has a strong reputation for low maintenance costs and fuel efficiency.
- Features a smooth ride and a spacious cabin, making it a family favorite.
- Available with a hybrid option, appealing to eco-minded drivers.
Honda Accord: Depreciates about 37% over 5 years.
- Renowned for its consistent quality, spacious interior and strong brand loyalty, ensuring steady resale value.
- Combines performance with practicality, making it one of the best cars to buy for long-term resale vehicle value.
- Offers sharp handling and a refined engine lineup, including a turbocharged option.
- Equipped with advanced safety features like Honda Sensing.
Subaru Legacy: Loses approximately 44% over 5 years.
- Has an all-wheel-drive capability, a rare feature in sedans, which increases appeal in varied climates.
- Maintains value due to its safety ratings and reliability, attracting buyers seeking longevity.
- Offers a comfortable, quiet ride with a well-built interior.
- Known for its boxer engine design, providing a unique driving feel.
Mazda6: Loses approximately 37% over 5 years.
- Has a competitive resale value in the sedan segment.
- Appeals to buyers seeking a premium feel at a lower price point, supporting its resale strength.
- Features a sleek design and upscale interior with quality materials.
- Known for its responsive steering and available turbocharged engine.
Best Resale Value SUVs
Toyota 4Runner: Depreciates about 25% over 5 years.
- Built with rugged durability and off-road capability, maintaining high demand among adventure enthusiasts.
- Holds value well due to its long lifespan and Toyota’s reputation for dependable vehicles.
- Features a body-on-frame construction, great for towing and rough terrain.
- Offers a high ground clearance and optional 4WD, perfect for outdoor pursuits.
Jeep Wrangler: Loses around 55% over 5 years.
- Offers an iconic design and off-road prowess.
- A favorite among top used cars, with customization options that help it retain value in the used market.
- Removable doors and roof add a fun, open-air driving experience.
- Equipped with advanced 4x4 systems like Rock-Trac for extreme off-roading.
Honda CR-V: Depreciates around 33% over 5 years.
- Offers a blend of practicality, fuel efficiency and reliability.
- Has a strong resale value due to its versatility and Honda’s trusted reputation.
- Features a roomy cargo area and flexible seating for everyday utility.
- Known for its real-time AWD option, improving traction in diverse conditions.
Subaru Outback: Depreciates around 40% over 5 years.
- Its all-wheel-drive versatility and reliability appeal to practical buyers, making it one of the best cars to buy for outdoor use.
- Retains value due to Subaru’s strong brand loyalty.
- Features a high ground clearance and rugged design for light off-road use.
- Offers a spacious interior and advanced safety tech like EyeSight.
Best Resale Value Trucks
Toyota Tacoma: Loses about 28% over 5 years, which is below the average depreciation rate of a car.
- Dominates the midsize truck segment with unmatched reliability and off-road capability, keeping resale high.
- Longevity and low depreciation make it a top pick for truck buyers.
- Offers TRD off-road trims with skid plates and all-terrain tires.
- Its compact size makes it easier to maneuver than full-size trucks.
Ford F-150: Depreciates around 54% over 5 years.
- Considered America’s best-selling truck, with widespread popularity and a strong aftermarket supporting its value.
- Offers diverse trims and towing capacity.
- Features a high-strength aluminum body, improving efficiency and payload.
- Available with a hybrid PowerBoost engine for better fuel economy.
Chevrolet Silverado: Loses approximately 36% over 5 years.
- Known for its durability and strong towing capabilities, ensuring steady demand in the used market.
- Has a competitive resale value due to its reputation as a dependable full-size truck.
- Offers a massive towing capacity with the right configuration.
- Includes tech like a multi-flex tailgate for added versatility.
Ram 1500: Depreciates around 43% over 5 years.
- Blends luxury, capability, and strong resale in the full-size truck segment.
- Appeals to buyers seeking comfort alongside towing power.
- Features a smooth air suspension option for a refined ride.
- Known for its upscale interior and powerful HEMI V8 options.
Best Resale Value Luxury Cars
Lexus GX: Depreciates about 30-35% over 5 years.
- Combines luxury with SUV practicality and Toyota’s reliability, holding value exceptionally well.
- Appeals to buyers seeking premium features without rapid depreciation.
- Features a plush interior with high-quality materials and craftsmanship.
- Built on a rugged platform with full-time 4WD, blending luxury with capability.
Porsche 911: Loses only around 19.5% 5 years.
- Its great performance and timeless design make it a favorite among collectors, driving high resale prices
- Retains value due to its exclusivity and demand in the luxury sports car market.
- Known for its rear-engine layout, delivering a distinctive driving dynamic.
- Offers strong acceleration, especially in Turbo models.
BMW 4 Series: Depreciates around 54% over 5 years.
- Offers a sporty appeal and premium brand cachet, which maintain strong resale interest.
- Balances luxury with driving dynamics, keeping it competitive in the used luxury market.
- Features a sleek coupe or convertible design.
- Equipped with iDrive infotainment and precise handling for a thrilling drive.
Mercedes-Benz G-Class: Depreciates about 25-30% over 5 years.
- Known for its iconic status, off-road luxury and high resale value.
- Retains value due to its exclusivity.
- Features a boxy, timeless design with premium interior finishes.
- Known for its exceptional off-road capability with three locking differentials.
Best Resale Value Electric and Hybrid Cars
Tesla Model 3: Depreciates about 59% over 5 years.
- High demand for electric vehicles, paired with Tesla’s brand strength, ensures excellent resale value.
- Advanced tech keep it relevant and desirable over time.
- Has impressive range and Supercharger network access.
- Features Autopilot, offering semi-autonomous driving capabilities.
Toyota Prius: Loses around 38% over 5 years.
- Pioneered the hybrid market, with proven fuel efficiency and reliability.
- Appeals to eco-conscious buyers seeking cost-effective, long-term ownership.
- Delivers exceptional MPG (up to 58 city/53 highway) for a hybrid.
- Known for its aerodynamic shape and practical hatchback design.
Hyundai Ioniq 5: Depreciates approximately 57% over 5 years.
- Offers modern design, fast-charging capability and competitive pricing in the EV market.
- Retains value due to growing interest in electric vehicles and Hyundai’s rising reputation.
- Delivers ultra-fast charging
- Features a retro-futuristic look with a spacious, tech-filled interior.
Honda Clarity Plug-In Hybrid: Depreciates around 40-45% over 5 years.
- Popular for its practicality and strong value retention in the eco-friendly segment.
- Appeals to buyers seeking a reliable plug-in hybrid with decent electric range.
- Features a 47-mile electric-only range, ideal for short commutes.
- Offers a comfortable interior and Honda’s reputation for build quality.
How to Maximize Your Car’s Resale Value
The manufacturer and model of a car can determine its resale potential, but as an owner, you can increase the value even further. From the features you select at the time of purchase to how you maintain it and when to sell it, there are practical steps you can take to ensure your car sells for top dollar when you decide to part with it.
A small effort today can have a big impact later.
Choosing the Right Features and Trims
Buyers may find your car more appealing if you choose features like leather seats, a high-quality sound system or advanced safety features.
Higher trim levels with desirable extras often command higher resale values. When it comes time to sell, you can select a configuration that stands out by researching the features that are most in demand in your area.
Regular Maintenance and Service Records
Maintaining your car's value is just as important as keeping it running smoothly by following a routine for tire rotations, oil changes and other maintenance. Buyers are willing to pay more for a vehicle with a documented service history, as it shows that the car has been well-maintained.
Keep your records and receipts organized to demonstrate prospective buyers that you are a trustworthy seller.
Keeping Mileage Low and Avoiding Excessive Wear
Mileage is another major factor in resale value. Fewer miles indicate less wear on the engine and other parts, increasing the car's appeal. It also helps avoid unnecessary trips and keeps both the exterior and interior free of significant damage, such as dents or stains
A car that looks and feels like it has been gently used will always fetch more money than one that shows heavy wear and tear.
Timing Your Sale for the Best Return
The timing of the sale can be just as important as the vehicle's upkeep. You can increase your return by selling your car during peak seasons, such as spring for convertibles or just before a new model redesign. So, keep an eye on market trends and sell when demand is high to receive the highest price for your well-maintained car.
Final Thoughts
The cars that hold their value best often come from brands known for reliability, durability and high demand in the used car market. Whether you're looking for an SUV, sedan or truck, select a model with slow depreciation rates and you will be making a smart financial decision that pays off in the long run.
Want to know how your vehicle’s value will hold up over time? Check out the latest car depreciation rates on NADA Guides or Kelley Blue Book.