12 Car Brands With Best Resale Value

12 Car Brands With Best Resale Value
Image Credit: MotorTrend

Are you in the market for a new vehicle but aren’t sure what type will best suit your requirements? Starting with the car brands with the best resale value is one strategy.  

In a single dealership visit, you can check out a range of various body types from multiple segments, which can boost your confidence. What they’ll have in common is a similar amount of value retention.  

That’s critical whether you’ve just had the automobile for a few years, plan to trade it in soon, need to sell it for another reason, or have the insurance company declare it a total loss.  

Based on broad Internet research and pricing comparison, we’ll point you toward a few brands that are likely to keep their worth over time.

The top 12 car brands with the best resale values are listed below. 

1. Toyota

The car brands with the best resale value provide crucial customer benefits such as dependability and safety technology.

This increases demand in the used-car market, raising the price people are prepared to pay, which is the cornerstone for long-term value retention. Toyota is a good illustration of this.  

Furthermore, the RAV4 crossover, Camry sedan, and Tacoma pickup truck are just a few of the company’s products that are known for delivering — and keeping — exceptional levels of value.

Additionally, Nearly all Toyota cars come equipped with modern driver-assistance technologies as standard equipment.  

Even a budget car like the 2020 Toyota Corolla comes with the Safety Sense 2.0 package, including adaptive cruise control, automated emergency braking, forward collision warning, pedestrian recognition, and lane-keeping assistance. 

2. Subaru

After 3, 5, and 7 years of ownership, Subaru ranks first (#1) in terms of retained value. Subaru’s BRZ, Impreza, and Outback models all perform admirably, earning the company this top score.  

In addition, Subarus have consistently outperformed virtually all other car brands in terms of long-term value and are an obvious choice for those seeking long-term value.

Furthermore, when you consider their safety and reliability records, you can’t go wrong with one of these, new or old. 

It also helps that the carmaker focuses on one of the most popular body shapes — SUVs — and offers all-wheel drive as standard on nearly all of its models. 

Additionally, like Toyota, Subaru adds value with its comprehensive safety package. The 2020 Subaru Crosstrek, the brand’s most affordable SUV, comes standard with the Eyesight system.  

In the meantime, smartphone integration with Android Auto and Apple CarPlay is standard. Furthermore, this is noteworthy because several competitors don’t provide both technologies or only offer them on higher-end versions. 

3. Chevrolet

Chevrolet is one of the car brands with the best resale value. Even in its most conventional vehicles, Chevy frequently strikes the sweet spot for customers by including innovative connectivity features.  

From the Chevrolet Spark city car to the Chevrolet Equinox SUV to the Chevrolet Silverado 1500 pickup, mobile Wi-Fi, Android Auto, and Apple CarPlay are all available.  

Furthermore, in some of the country’s most famous third-party testing programs, the brand has established a good reputation for dependability. Brands can also benefit from a “halo effect,” which boosts their overall resale value.  

As a result, we anticipate that the unveiling of the all-new mid-engine 2020 Chevrolet Corvette will generate tremendous buzz for the company’s whole lineup — especially because the 2020 Corvette is the company’s first mid-engine vehicle. 

4. Honda

Honda’s value retention continues to be high, with the Top 5 finishes in all three measurement periods. The Honda Civic and CR-V are the best-selling vehicles in Honda’s lineup in terms of resale value.  

In addition, you can’t go wrong with any Honda model, new or used, if you’re looking for a tried and true vehicle line that won’t let you down. Additionally, 2020 is our top pick for the best model year value for the Honda automobiles.  

Additionally, the 2019 and 2018 model years are also appealing years for Honda models, and they offer a good deal.

Our rankings consider various aspects, including original new prices, current prices, maintenance costs, and the number of years left to anticipate overall expenses.  

5. Hyundai

No, Hyundai’s legendary 10-year/100,000-mile powertrain warranty does not transfer when you buy it. For the second owner, it is reduced by half.

However, if you’re looking for the car brand with the best resale value, carmaker confidence might be a solid indicator of future dependability.  

Additionally, a bonus is Hyundai’s new automobile value proposition. It may sound illogical at first, but because Hyundai’s new vehicles offer many features at a low price, they don’t depreciate as much when they hit the used-car market.  

6. Jeep

Is it possible to join our automobile brands with the best resale value with just one hot vehicle? If the car in question is the 2020 Jeep Wrangler, then yes.

Used specimens of Jeep’s iconic off-roader are nearly as pricey as new ones on the secondary market.  

That desire isn’t limited to off-road enthusiasts. When the all-new JL Wrangler emerged in 2018, it came with a slew of modern features that made it a more pleasant everyday driver.  

Furthermore, Apple CarPlay, Android Auto, and increased fuel economy are highlighted. According to the EPA, the Wrangler’s new EcoDiesel V6 engine gets 22 mpg in the city, 29 mpg on the highway, and 25 mpg combined. 

7. Lexus

We’ll look at which luxury car brands with the best resale value, starting with Lexus. This is Toyota’s luxury brand.

You can be sure that the company puts just as much emphasis on safety and reliability in Lexus automobiles as it does in its mainstream lineup.  

However, with Lexus cars and SUVs, those benefits are blended with a full range of elegant appointments. With Lexus’ latest technological improvement, you can expect your Lexus vehicle to hold its value better than before.  

Additionally, the lack of Android Auto might have been a deal-breaker in the past for some buyers, lowering demand and values slightly, but it’s launching on the 2020 Lexus RX. Apple CarPlay and Amazon Alexa were already on board. 

8. Porsche

Exotic brands were once thought to produce fragile and costly vehicles to repair exclusively. Porsche, on the other hand, has the first problem under control. Additionally, the organization has become a symbol of award-winning dependability.  

However, it’s simple to see why Porsche is one of the automotive companies with the most OK resale value when considering the insatiable demand for older Porsche items.

We can’t say which of today’s models will become collectors tomorrow. The new 2020 Porsche 911 Speedster, on the other hand, is a strong bet.

Additionally, the new Speedster is a limited-edition vehicle commemorating the end of the current 911 generation, bringing back a famous name from Porsche’s past. 

9. Land Rover

One of the car brands with the best resale value is a corporation that doesn’t even sell cars. Land Rover has a laser-like focus on luxury SUVs, so it doesn’t have to worry about its value being pulled down by the waning popularity of so many other vehicles.  

Land Rover also has variants that are capable off-road and have far more towing capacity than ordinary crossovers. A perfect example is the 2020 Land Rover Range Rover.  

The Range Rover offers standard four-wheel drive, a maximum towing capacity of almost 7,700 pounds, and high-end amenities. The 2020 Ford Explorer, for example, comes standard with rear-wheel drive and a total trailer weight capacity of 5,600 pounds. 

10. Mercedes Benz

As you might expect, the rivalry for the best resale value among German automobile brands is fierce. Audi, BMW, and Mercedes-Benz are all in the mix, and each brand has vehicles that depreciate at a faster pace than the average.  

Mercedes-Benz is our option since it is the most popular of the three firms in sales, indicating more robust demand. Furthermore, the brand’s “E” vehicles, the Mercedes-Benz E-Class sedans and Mercedes-Benz GLE SUVs are leading the way.  

However, you may have range-topping elegance and sophistication without spending flagship rates for each model. These cars aren’t inexpensive, but they come with so much luxury that they’re still a good deal. 

11. Dodge

Dodge’s value retention is best classified as “average,” albeit it improves after five years. The Dodge Challenger outperforms the rest of the Dodge lineup, and Dodge is helped by the fact that the Journey and Grand Caravan are no longer included in resale calculations.  

Additionally, Dodge’s total resale prices are kept in check by its strong position in the rental car industry. Additionally, 2019 is our top pick for the best model year value for the Dodge automobiles.  

However, in 2019, you’d only spend 69 percent of the new price, and the vehicle would still have 83 percent of its usable life left.

In addition, the Dodge models are also attractive in the 2020 and 2018 model years, and they offer an excellent value. 

12. Ram

Last on our list of car brands with the best resale values is Ram. Compared to other popular vehicle manufacturers, the Ram brand successfully maintains its weight.  

However, when you consider that Ram solely makes pickup trucks, the Ram 1500 has one of the lowest resale values among half-ton and smaller pickups.  

Surprisingly, the heavier-duty pickups (2500 and 3500) seem to hold their value better than 1500. Ram would fare well among its peers if heavy-duty pickup trucks were their segment.

In addition, the RAM variants are also attractive in the 2018 and 2019 model years, and they offer a decent value. 

Total
1
Shares
Leave a Reply

Your email address will not be published. Required fields are marked *