If you view your vehicle purchase as an investment, you’ll want to choose one of the models with the best resale value and get more out of your purchase.
Most new models lose value faster than pre-owned models, but those pre-owned models were once new vehicles and lost the highest percentage of value during the first year of ownership. Understanding the role of depreciation and resale value is important when entering into a long-term loan. You’ll want your vehicle to be worth more than you owe when it’s time to trade it in.
Here are several vehicles with the best resale value to give you a great way to protect your investment in the model you drive and enjoy every day.
SUVs
2024 Subaru Crosstrek – 52.6%
The Subaru Crosstrek is one of the best choices when you want a vehicle that is truly an investment into your driving future. This little SUV holds 52.6% of its value after five years of ownership to return good value to you. The Crosstrek is one of the most popular compact SUVs available today, giving you a vehicle packed with innovative technology and evolutionary design.
2024 Honda CR-V – 52.8%
It doesn’t get much better than the Honda CR-V when it comes to vehicles with the best resale value. This SUV has been a top choice for many years, making it a great choice for you and your family to enjoy a quality ride on every road. The Honda CR-V won the Kelley Blue Book Best Buy Award two years running, which makes it a compact SUV that can easily give you the driving manners and versatility desired.
2024 Hyundai Palisade – 52.6%
When it comes to three-row midsize SUVs, the Hyundai Palisade could be the perfect choice for your driving pleasure and experience on every road. This SUV has room for the entire family, a full slate of upscale features, and modern technology that makes it easy to experience the driving pleasure offered. The upper trims of the Palisade are as close to luxury as you can get in the mainstream market without crossing the line and going into the luxury brands.
Cars
2024 Honda Civic – 53.8%
The Honda Civic has been one of the highest-rated compact cars in the market for several decades. This Honda comes with an impressive package of features and value to be one a car listed among the vehicles with the best resale value offered. With a few different body styles and good fuel mileage, the Civic has an impressive combination of features and powertrains to make driving fun for you. The Civic features a hybrid powertrain that should account for up to 40% of the total Civic sales.
2024 Chevrolet Corvette – 59.0%
If you’re looking for a fun and exciting ride on any road or track, its hard to beat the Chevrolet Corvette. This car continues to get better each year with the addition of new high-performance models. The C8 Corvette is the mid-engine version that revolutionized this iconic American sports car to give you something new and exciting for a lot of fun. The most powerful production Corvette, the new ZR1, is due to join the lineup in 2025, giving us an incredible new version to drive and enjoy.
Trucks
2024 Toyota Tacoma – 62.6%
The latest version of the Toyota Tacoma is the midsize pickup truck with the best resale value in the entire market. This truck was overdue for a change, adding impressive new powertrains, more capable features, and a full slate of excellent changes. The latest model of the Tacoma can be had with a manual transmission, which makes it extremely unique in its class. This Toyota truck could have everything you want in a pickup, including new tech and off-road equipment for your time out on the trails.
2024 Ford Maverick – 54.0%
The Ford Maverick is still relatively new in the market, but it’s been a big hit and continues to be a top seller, making its way to more owners than most other pickups. The Maverick and its direct competitor, the Hyundai Santa Cruz, are the first two compact trucks to hit the market in many years. These trucks could easily bring back the class and set a new tone for owners who only need to do truck stuff a few times a year.
These are seven vehicles in the market with the best resale value. Each should hold more than half its value when the five-year mark has been reached, ensuring your investment is protected for your next vehicle purchase.
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