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Did you know that depreciation makes up the biggest portion of the total cost of car ownership? When it comes to buying a new car, it’s important to consider how well it holds its value over time. Depreciation is the difference between the original sales price, and what the vehicle will be worth in the future. Some vehicles depreciate faster than others.
In this 2024 update, Toyota continues to dominate the list of cars with the best resale value, with multiple models making an appearance. Honda follows closely, proving once again that both brands know how to build cars that hold their value. Let’s take a look at the top contenders in terms of resale value in the first five years of ownership.
Jeep Wrangler
5-Year Residual Value: 75%
The Jeep Wrangler has long been known for its ability to retain value. After five years, it’s expected to depreciate just 34%, leaving you with a resale value of around $38,610 if you buy at today’s average selling price of $58,209. For off-road adventurers, the Wrangler’s value retention makes it a solid investment. See our full depreciation breakdown.
After a what feels like a lifetime, the 4Runner is getting a big refresh for 2025. We see no reason to worry about this legend’s reliability with the refresh, nor any damage to it’s phenomenal resale value.
Under normal ownership conditions, the Toyota 4Runner will depreciate just 39% after five years under normal use. With today’s average selling prices, this results in a resale value of about $31,593. If you’re looking for an SUV that holds its value while offering reliable performance, the 2025 4Runner should be on your short list. See our full depreciation breakdown.
The Land Cruiser is back after a short hiatus. As expensive cars sadly become the norm, it makes sense that Toyota would resurrect their luxury SUV with impressive off-road prowess. It’s quite expensive, especially for a Toyota. Today’s average selling price is a hair north of $73,000. After five years, the Land Cruiser retains 74% of its value, with an estimated resale price of $44,791. The time-tested Land Cruiser is a prime choice for anyone looking for a high-end SUV that keeps its value. See our full depreciation breakdown.
With a 5-year depreciation of just $10,127, the Toyota RAV4 is another excellent option for those looking for cars that hold their value. After five years, the average residual value will be around $27,520, making it one of the most practical choices for compact SUV buyers. See our full depreciation breakdown.
The Honda HR-V, the #3 crossover in America in terms of sales, retains 73% of its value after five years. Considering an average selling price of $29,164 when new, the average resale value after 5 years comes out to $21,266. It’s a great option for those who want a smaller SUV that still holds its value well. See our full depreciation breakdown.
The Honda CR-V is a top performer in the small SUV segment, losing just 28% of its value after five years. That leaves CR-V owners with an estimated resale value of $22,354 when starting at an average selling price of $38,461. The Honda CR-V is not just reliable; it’s a smart financial choice for those who care about SUV resale value. See our full depreciation breakdown.
They say it’s shockingly fun to drive considering the attainable price point. There’s yet another reason to love the Miata: low depreciation. The Mazda MX-5 Miata retains 72% of its value after five years, with an expected resale price of $23,885. Brand new, the MX-5 Miata sells for $36,239 on average as of 2024. Known for its sporty handling and fun driving experience, the Miata is one of the top choices for sports car buyers who also want excellent resale value. See our full depreciation breakdown.
The Toyota Tacoma is arguably the best pickup truck on the road for holding its value. After five years, it retains 72% of its value on average. That means after a new selling price averaging close to $47,000, buyers can expect a resale price of around $34,000 after five years. Its combination of reliability, durability, and value makes it a standout among mid-size trucks. See our full depreciation breakdown.
The Toyota Corolla proves that compact sedans can retain their value exceptionally well. With a 5-year depreciation of just 28%, a new Corolla purchased today is expected to retain 72% of its value. Its resale value, low cost of ownership and excellent fuel efficiency help the Corolla sedan survive the modern era’s shift to SUVs and crossovers. See our full depreciation breakdown.
No longer available as a sedan, the Impreza is officially a hatchback for 2024 and 2025. The Subaru Impreza holds onto 72% of its value after five years, with an expected resale price around $19,882. Subaru’s reputation for reliability and standard all-wheel drive make the Impreza a smart choice for those looking for value retention in a sedan that can handle every season. See our full depreciation breakdown.
When it comes to finding cars that hold their value, these cars, trucks, and SUVs are at the top of the list. Time and time again, Toyota and Honda continue to dominate. For 2024 and 2025, other brands like Subaru and Mazda also offer strong contenders for those who shop with resale value in mind.
Need help finding the perfect car with great resale value? Let CarEdge Concierge do the negotiating for you. We’ll help you find the best deals, negotiate the price, and even deliver your new car to your door. Learn more about CarEdge’s car buying service.
Buying a truck is a costly endeavor, but not all trucks hold onto their value the same way. Some depreciate faster than others, leaving truck owners with less resale value down the road. In this deep dive, we’ll take a look at five trucks that don’t fare well when it comes to depreciation, so you know what to watch out for.
CarEdge’s depreciation rankings were updated with the latest data in 2024, giving you insights on which models are most likely to drop in value in 2025 and beyond. When we talk about “5-year residual values,” we’re referring to the percentage of a vehicle’s original value that it retains after five years. The higher the percentage, the better it holds its value—but for these trucks, the numbers aren’t looking too good.
Ford F-150: 49% 5-Year Residual Value
The Ford F-150 might be a top-selling truck, but when it comes to value retention, it’s the worst. After five years, the F-150 will have lost around 51% of its original value, leaving you with a resale price of about $30,245. While it does well in the first few years, it starts to lag behind rivals like the Chevy Silverado as time goes on.
Should you avoid this truck? Not necessarily, but be aware of how fast it loses value. If you’re deciding between the F-150 and another truck, it might be worth considering factors other than just resale value, like features, towing capacity, or reliability. For instance, both the Chevy Silverado 1500 and Ram 1500 pickups maintain their value better than the F-150.
The chart above shows the expected depreciation for the next 10 years. These results are for vehicles in good condition, averaging 12,000 miles per year. It also assumes a selling price of $61,927 when new. This is the average selling price of a new F-150 today.” See our full depreciation analysis for the Ford F-150.
The GMC Sierra 2500 HD doesn’t depreciate quite as quickly as the F-150, but it still loses around 45% of its value over five years. If you buy one new at the current average selling price of $87,897, expect it to be worth around $48,247 after five years.
Heavy-duty trucks like the Sierra 2500 often fare better in the long run, thanks to their durability and strong market demand. But even with that in mind, a nearly 50% drop in value is something to keep in mind if you’re looking at this model.
The chart above shows the expected depreciation for the next 10 years. These results are for vehicles in good condition, averaging 12,000 miles per year. It also assumes a selling price of $87,897 when new. See our full depreciation analysis for the Sierra 2500.
Similar to the Sierra 2500, the Ford F-250 Super Duty retains just over half its value after five years. Starting at an average selling price of $72,489, it’s likely to be worth about $39,833 after that period. That’s a depreciation of $32,656, which isn’t insignificant for a heavy-duty truck.
The Nissan Titan depreciates a bit more slowly than others on this list, but it’s still going to lose about 52% of its value in five years. From a starting price of $58,711, you’ll be looking at a resale value of around $28,463 after half a decade.
Nissan’s full-size truck may not be as popular as the F-150 or Silverado, but if you’re a fan of what it offers, be prepared for its resale value to dip more than average.
The chart above shows the expected depreciation for the next 10 years. These results are for vehicles in good condition, averaging 12,000 miles per year. See our full depreciation analysis for the Titan.
Chevrolet Silverado 2500 HD: 59% 5-Year Residual Value
The Chevy Silverado 2500 HD edges out the Titan with a 5-year residual value of 59%, meaning it loses 41% of its value over that time. If you purchase one for $66,710, expect it to be worth about $39,139 after five years.
It’s important to remember that these are the trucks with the worst depreciation. Several popular models fare better, including the Chevrolet Silverado 1500, GMC Sierra 1500, and trucks from Ram and Toyota. Browse our complete depreciation rankings for free.
In the market for a new or used truck? Let us do the negotiating for you. CarEdge Conciergeis the best-rating car buying service in America. Learn moreabout how we can deliver your next truck to your door, all while saving you thousands of dollars.
When shopping for a car, the last thing you want is to end up with is a lemon. A Lemon Law car is a vehicle plagued with defects that can lead to endless repairs, frustration, and unexpected expenses. Fortunately, there are several telltale signs that can help you avoid purchasing a lemon. Here’s how our CarEdge pros keep an eye out for lemon cars when shopping for our Concierge service.
1. Check the Vehicle History Report
One of the first steps in evaluating a used car is to obtain a vehicle history report from a service like Carfax. Don’t accept a report from an issuer you’ve never heard of, or very little is known about. This report provides crucial details about the car’s past, including any reported accidents, title issues, service records, and whether it has been labeled a lemon by previous owners. A clean history report is a good sign, but be wary of any red flags such as frequent ownership changes or multiple repairs early in the car’s life.
2. Beware of “Too Good to Be True” Deals
If a deal seems too good to be true, it probably is. Extremely low prices compared to similar models on the market could be a sign that the seller is trying to offload a lemon. Always research the fair market value of the car you’re interested in and be cautious if the price is significantly lower without a reasonable explanation. It can’t hurt to ask the salesperson why the car is offered at such a good price. CarEdge Insights is the perfect research tool for every car buyer, and includes detailed, local car price data.
3. Inspect the Exterior and Interior Thoroughly
A careful inspection of the car’s exterior and interior can reveal signs of previous damage or poor maintenance, in addition to a possible Lemon Law car. Look for uneven paint jobs, mismatched body panels, or rust, which could indicate previous accidents or improper repairs. Inside, check for wear and tear that doesn’t match the car’s age or mileage, such as overly worn seats, broken switches, or a musty smell, which could point to water damage.
Even if a car has been repaired, the quality of those repairs matters. Check for signs of shoddy workmanship, such as misaligned body panels, uneven gaps around doors or hoods, and poorly fitting trim pieces.
4. Have a Trusted Mechanic Inspect the Car
Even if the car seems perfect on the surface, it’s wise to have a trusted mechanic conduct a pre-purchase inspection. A mechanic can check the car’s engine, transmission, suspension, and other critical components for issues that might not be obvious during a regular inspection or test drive. This professional evaluation can save you from unexpected repairs and costs down the road.
If the seller gives any pushback at all, this is a major red flag. It’s reasonable for them to ask questions considering that you’d be taking their car to a shop. Offer for them to come along to assuage any concerns. Regardless, our CarEdge experts don’t budge on this: no pre-purchase inspection on a used car? No deal.
A thorough test drive is crucial for uncovering hidden issues. Pay attention to how the car handles, brakes, and accelerates. Listen for any unusual noises, such as clunking, grinding, or whining, which could signal mechanical problems. Also, test all of the vehicle’s features, including the air conditioning, infotainment system, and lights, to ensure everything is in working order.
If you’re not too familiar with how a car should drive, invite someone who is along for the ride. This could be covered under the pre-purchase inspection we just covered above.
6. Review Warranty and Lemon Law Protections
If you’re buying a used car, check if any of the manufacturer’s warranty is still in effect. This can offer some protection if you end up with a lemon. Additionally, familiarize yourself with your state’s lemon laws, which provide legal recourse if you purchase a defective vehicle. Knowing your rights can help you make a confident purchase and protect yourself if something goes wrong. Consider extended warranty coverage for peace of mind. Learn more about CarEdge’s extended warranty, the most transparent coverage on the market.
Spotting a lemon law car before you buy can save you from a world of hassle and expense. By following these critical steps, you can minimize the risk of ending up with a problematic and wallet-draining vehicle. Remember, it’s better to invest a little extra time in the buying process than to deal with the consequences of purchasing a lemon.
The top compact cars for 2025 are feature-packed, top-rated for safety, and surprisingly affordable. These cars prove that amazing value still exists for under $30K, despite ever-rising car prices. Here’s why these five compact cars are the best value for car shoppers in 2025.
2025 Mazda 3 ($25,135 – $36,985)
Average Selling Price Today: $29,623
MSRP increase since 2020: +12%
The Mazda3 is the best-value compact car for 2025. With a starting price well under $30K, Top Safety Pick Plus honors in crash testing, and a score of 78/100 overall from Consumer Reports, there’s a lot to love about this Mazda sedan.
The 2025 Mazda 3 is available as either a sedan or hatchback in all trim levels, something that’s new for 2025. All-wheel drive is available for the Mazda 3, and comes standard with the lavish Carbon Edition ($30,595 MSRP + destination). The two-wheel drive version scores 31 miles per gallon in combined driving. That’s a tad more than the all-wheel drive Mazda 3’s 27 miles per gallon.
Here’s how Consumer Reports rates the Mazda 3 in the top categories reviewed:
In 2024, the Prius was fully redesigned, transforming the geek squad symbol into a sharp-looking compact car. Fuel economy remains strong, with the standard hybrid powertrain delivering 54 miles per gallon. Consumer Reports is a fan, and gave the 2024 Prius an overall score of 80. Here’s where the major metrics stand:
Following years of upgrades and facelifts, the Elantra has been gradually elevated to ‘more than a commuter car’ status. You can sum up the appeal of the Elantra with one word: value. For well under $30K, this compact car gets you modern looks, a well-designed suite of tech, and fuel efficiency. Consumer Reports gives the Elantra a score of 74/100, which isn’t bad for a car in this class. Here are the major CR ratings for the Elantra:
Now available as both a sedan and a hatchback, there’s even a Corolla pickup truck on the way in a few years. The Corolla has been a best-selling compact car for decades, and with good reason. For the price point, Toyota has consistently delivered a car packed with value. Consumer Reports is a fan, too. For 2024, CR scored the Corolla sedan 75/100 overall. Here’s a look at the rest of the Consumer Reports category scores for the Corolla:
The 2023 Corolla earned the Top Safety Pick badge from the IIHS in the most recent crash testing. This applies to the 2024 Corolla sedan, which was unchanged from the prior year. See the full safety review here.
With the discontinuation of the Subaru Legacy in 2024, the Impreza is the last compact car standing for the brand. Subaru has been steadily increasing U.S. market share over the past decade, in large part due to the emphasis on highly-desired yet more costly crossovers. The Impreza is the most affordable Subaru on sale today, and now comes only in the hatchback option. Rest assured that all-wheel drive comes standard, as it does with the entire Subaru lineup.
Consumer Reports also sees the value in this AWD car, giving it an overall score of 76/100. Here’s how the CR ratings breakdown by category:
The Impreza earned a ‘Good’ score in most IIHS safety tests, but performed poorly in the updated side crash test. See the IIHS safety rating details here.
Whether you’re looking into compact cars, trucks, luxury SUVs, or the latest electric vehicles, CarEdge makes it easy for you. Let our CarEdge Concierge find the car you want, negotiate the price, and deliver it to your door. If you don’t save at least the cost of the service, it’s free!
Despite an abundance of inventory and high interest rates, new car prices keep rising, and 2025 car prices are no exception. Many automakers are increasing the starting prices of their vehicles at a pace that far exceeds inflation. Time and time again, we’ve seen automakers drop affordable base models, despite consumer appetite for cheaper options. Here are 10 models with the biggest MSRP increases for the 2025 model year. Note that all prices include mandatory destination fees.
Stay tuned for Part 2: The New Cars with the Lowest MSRP Hikes for 2025
With a base MSRP of $48,990, the CT5 has seen a whopping 23% increase. The CT5 Sport, the most popular spec, sees a 10% price increase for 2025. These hikes reflect Cadillac’s efforts to shift the brand to an even more upscale clientele. However, this comes at a notable cost, pushing Cadillac CT5 prices ever higher, and out of reach for more buyers.
With the elimination of the 4-cylinder Supra, Toyota’s classic sports car sees a much higher cost of entry. For buyers who prefer the more common GR Supra 3.0, prices increase ‘only’ $800. But at least all Supra variants now come with a 382-horsepower turbocharged engine,
MINI Cooper Hardtop prices have risen 23% over the past 5 years. These MSRP hikes have made a beloved brand once associated with affordability less attainable for many. The base MINI Cooper saw a 12% price increase for 2025. However, it’s not just the base model. The 2025 Cooper S Hardtop, a more popular trim, received a 10% price bump for the 2025 model year.
Chevrolet is synonymous with affordability. At least, that’s how it’s been for decades. Unsurprisingly, Chevrolet is aiming for a more premium market, with everything from design to price points reflecting that. GM sold 212,000 copies of the Equinox last year, and healthy sales have continued into 2024. But if you’re looking ahead to the 2025 model, the popular Equinox RS receives a 10% price hike, now starting at $35,480. 2025 car prices are on track to continue the upward trend.
Before we talk about Infiniti’s 2025 prices, let us remember one fact: the brand is merely Nissan’s upscale nameplate. With that in mind, would you pay close to $100,000 for one? For 2025, Infiniti is raising prices for the huge family hauler, the QX80. With a 2025 starting price of $84,485 with destination fee included, the QX80 receives a 11% price increase. Worse yet, the QX80 Luxe is 20% more expensive for 2025, now starting at $91,595.
Lincoln continues to refine its luxurious midsize SUV, the Aviator, with a large price increase for 2025. The base model now starts at $60,275, marking a 10% increase from 2024. The Lincoln Aviator Reserve, a favorite among buyers, sees an even steeper increase of 15%, bringing its starting price to $69,375.
With the much-anticipated redesign comes a much higher starting price for the 2025 Forester. Base model aside, the Popular Forester Sport also sees a 9% MSRP hike. With the 2025 Forester’s changes, the legendary Subaru has completed the journey from boxy hatchback (in the 90’s) to bonafide SUV.
For the 2025 model year, the Carnival MPV (A Kia acronym for multi-purpose vehicle) receives its first facelift since its debut in 2021. Unsurprisingly, Kia is leveraging the new fascia and added features to justify an 8% price increase for the base Carnival. The more popular Carnival EX sees a 4% MSRP increase for 2025.
For 2025, the Explorer sees an 8% price increase, bringing the base MSRP to $41,350. Surprisingly, the popular ST-Line trim sees a price reduction of 5% for the new model year. In 2024, the average selling price of a new Explorer is $47,515. Ford Explorer prices have increased by more than a third over the course of the past decade.
Car Price Inflation Is Real
The trend of rising car prices shows no sign of slowing down in 2025. While these increases might seem daunting, empowered buyers can still find ways to negotiate better deals. Staying updated on price trends and being prepared to negotiate are key strategies in this evolving market. Luckily, CarEdge has 100% free resources to get you there!
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