Spring 2022 Car Depreciation Update

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The latest data for depreciation, insurance and other associated vehicle costs have been published. See where your favorite vehicles now rank.

By CarEdge.com (CarEdge Staff) | Published on May 31st, 2022 | Last Updated on
By CarEdge.com (CarEdge Staff)
Published on May 31st, 2022. Last Updated on .

The automotive market continues to grind along with inventory levels nearly half of what they were just a few years ago. Most new vehicles now sell for over MSRP and used cars sell for a premium with little on-lot selection to choose from.

Cars traditionally depreciate almost immediately with steep declines in resale value during the first two years. However, this is currently not the case in such a tight seller's market. One and two-year-old vehicles are retaining their value better than ever. But, with so few cars to pick from - and used prices so high - it's not something easily leveraged by the average consumer.

Our latest rankings show you which makes and models that we consider the best values based on the historical and projected costs of ownership. Here are some examples from each major category:

Popular Brands

Best 5 Year Resale Value

Kia Rio

Lowest 10 Year Maintenance Costs

Toyota Prius

Least Expensive Car to Insure

Mazda CX-5

Least Expensive Car to Own Overall

Toyota Prius


Luxury Brands

Best 5 Year Resale Value

Porsche 911

Lowest 10 Year Maintenance Costs

Tesla Model 3

Least Expensive Car to Insure

Acura RDX

Least Expensive Car to Own Overall

Lexus RX 350



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