Are you in the market for a new car? If so, it’s important to consider the depreciation rate of the vehicle you’re interested in. Depreciation in vehicles is inevitable, but some cars hold their value better than others. At CarEdge, we’ve analyzed millions of car listings and other automotive data points to provide you with proven data that you can rely on to make informed decisions. Let’s take a closer look at the cars, SUVs and trucks with the best resale value.
Best Brands for Resale Value After 5 Years
Volkswagen: 85.53% resale value after 5 years
Even though they finally had to re-retire the Beetle, Volkswagen scored in the top half of vehicle manufacturers for value retention after 3, 5, and 7 years. See Volkswagen depreciation by model year.
Subaru: 84.41% resale value after 5 years
The low-inventory king is known for reliable all-weather capability at an affordable price. The Forester (#4), Legacy (#20), Crosstrek (#30) and Outback (#36) are all in the top 50 models for resale value. Despite keeping low inventory on dealership lots, Subaru maintains a great reputation for resale value.
Honda: 83.60% resale value after 5 years
The Civic, Accord and redesigned CR-V were all best-sellers in 2022. It’s no coincidence that these same models are in the top resale value rankings. Honda cars and SUVs are known for their longevity, reliability and strong resale value. As Honda finally enters the EV segment later this year with the all-new Honda Prologue, we wonder if their electric vehicles will earn the same great reputation.
Mazda: 83.29% resale value after 5 years
Mazda’s resale values have improved, relative to their peers, and their rankings have climbed to the Top 5 range at all three time intervals. Mazda’s U.S. market share has been steadily rising for years. The Mazda 3, MX-5 Miata, and CX-5 all rank in the top 50 models for resale value.
Toyota: 83.09% resale value after 5 years
Toyota as a brand, does very well in maintaining its value, consistently ranking at the top of popular brands. The Toyota Tacoma, Highlander, 4Runner, Prius and Sequoia all have better-than-average resale value. Compare Toyota resale values here.
Models With the Best Resale Value After 3 Years
|Rank||Model||3 Year Residual Value|
|2||Chevrolet Silverado 3500HD||96.28%|
|3||Ford F-450 Super Duty||95.47%|
|4||GMC Sierra 3500HD||95.44%|
|9||GMC Sierra 1500||93.41%|
|18||Chevrolet Silverado 2500HD||91.97%|
Source: CarEdge Depreciation Data
Models With the Best Resale Value After 5 Years
|Rank||Model||5 Year Residual Value|
|5||Ford F-250 Super Duty||87.00%|
|7||Ford F-350 Super Duty||86.95%|
|13||Mazda MX-5 Miata||85.80%|
|19||GMC Sierra 1500||84.80%|
Source: CarEdge Depreciation Data
The Power of Data
Depreciation in the value of cars is an inevitable reality, and it can significantly affect a vehicle’s overall cost. Therefore, it’s crucial to consider resale value when buying a car. CarEdge data shows that brands like Volkswagen, Subaru, Honda, Mazda, and Toyota have the best resale value after five years, and they maintain their great reputation for reliability, longevity, and value retention. This information is helpful to make informed decisions while purchasing a vehicle.
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