Today, we are taking a look at the latest data to discover what used cars have been able to hold their value the best over a five-year period.
Does your vehicle make the list of the top cars, SUVs, or trucks with the highest resale value? Read on to see if your ride makes the list!
1. Porsche 911
The Porsche 911 maintains a stronghold as its value has been the best over a five-year period. According to a recent study, the 911 has an average five-year depreciation rate of 9.3%. Limited quantities, high name recognition, and long-lasting performance all contributed to this high resale value.
2. Porsche 718 Cayman
Unsurprisingly, Porsche takes the second place again with the best vehicle value, which goes to the Porsche 718 Cayman. This model has an average five-year depreciation rate of 17.6%. The Cayman remains to be a highly sought-after car thanks to its sporty appeal and quality craftsmanship.
3. Toyota Tacoma
When it comes to reliability and strong resale value, the Toyota Tacoma is the first pickup truck to top the list. Coming in at number three, the Tacoma touts an average five-year depreciation rate of 20.4%. The Tacoma offers impressive power, a dependable V6 engine, and an impressive suite of safety and comfort features, making it a popular choice among recreation and utility drivers.
4. Jeep Wrangler and Wrangler Unlimited
The Jeep Wrangler has cemented itself with a reputation for unstoppable power and limitless adventure. This reputation holds solid as the Wrangler and Wrangler Unlimited have an average 5-year depreciation rate of 20.8%. There’s nothing quite like a Jeep Wrangler in the market, despite the competition from the likes of the Ford Bronco or even the Mercedes G-Class. The Wrangler has managed to balance the sweet spot of affordability, undisputed fun, and overall performance.
5. Honda Civic
Following the Wrangler and the Tacoma, the Honda Civic stands out as one of the most highly sought-after used cars on the market. This reputation has allowed it to snag fifth place as the best-value vehicle out there with an average five-year depreciation rate of 21.5%.
6. Subaru BRZ
With its stylish, classy, and sporty design, the Subaru BRZ finds itself in the number six spot with the best overall value. BRZ touts an average five-year depreciation rate of 23.4%. Shopping for the latest models allows you to enjoy decent fuel economy, a powerful 2.4 L engine, and the latest tech and safety features Subaru is known for.
7. Chevrolet Camaro
Coming in at number seven, the Chevrolet Camaro is the vehicle that holds its value the best. Although the Camaro is in its final days, the latest models still see an average depreciation rate of 24.2%. The latest model boasts a number of powerful engines, traditional American muscle power, and drive and handling that’s undisputedly fun.
8. Toyota C-HR
The Toyota C-HR ranks eighth, holding an average five-year depreciation rate of 24.5%. The practicality of the C-HR is what has allowed it to earn a spot on the list. A compact design, an impressive suite of standard safety features, and great performance and affordability make it one of the best used cars that are too good to ignore.
9. Subaru Crosstrek
The Crosstrek has grown to be one of the most popular SUVs on today’s roadway. Evolving from the equally popular Outback, the Crosstrek has cemented itself as a high-value vehicle. With an average five-year depreciation rate of 24.5%, this is a great investment, especially if you have new drivers in your household.
10. Toyota Corolla
Coming in last but certainly not least is the well-loved Toyota Corolla. The Toyota Corolla has an average five-year depreciation rate of 24.5%. Ask any owner and they’ll tell you this high value goes well beyond just the five-year mark. Corollas are known for their dependability, longevity, and unrelenting power making them some of the best used cars around.
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