Car Ownership

Vehicles With the Best Resale Value

April 13, 2023

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3 Minute Read

RightRide

Buying a car is a significant investment, and it’s essential to consider the resale value of the vehicle you’re purchasing. While most cars will inevitably depreciate over time, some retain their value better than others. Here’s a look at some of the vehicles with the best resale value.

Toyota 4Runner

The Toyota 4Runner is a midsize SUV that is known for its durability, off-road capabilities, and spacious interior. It’s a popular choice for those who enjoy camping, hiking, and other outdoor activities. The 4Runner’s resale value is due to its durability, reliability, and off-road capabilities. It’s a great choice for those who want a spacious SUV that can handle rough terrain.

Subaru WRX

The Subaru WRX is a sports car that’s known for its all-wheel-drive performance and sporty design. The WRX has a loyal fan base and is popular among enthusiasts, which helps to keep its resale value high. And because of these unique features, the Subaru WRX is considered to be among the automobiles that retain their value the most over time.

Honda Civic

The Honda Civic is a compact car that is known for its fuel efficiency, reliability, and affordability. It’s been a popular car in Canada for several decades and has an excellent resale value. The Civics resale value is due to its reliability, fuel efficiency, and low maintenance costs. It’s a great choice for those who want a reliable car that’s easy on the wallet.

Jeep Wrangler

The Jeep Wrangler is an iconic off-road vehicle that is known for its durability, off-road capabilities, and unique style. It’s a popular choice for those who enjoy off-roading and outdoor activities. The Wrangler’s resale value is due to its durability, off-road capabilities, and unique style. It’s a great choice for those who want a vehicle that can handle rough terrain and turn heads on the road

Ford F-150

The Ford F-150 is a full-size pickup truck that has been a popular choice among buyers for many years. It is known for its towing capacity, spacious interior, and reliability. The F-150 has a resale value of around 53.1% after five years, which is impressive for a pickup truck. It’s also worth noting that the F-150 has been the best-selling vehicle in North America for over four decades, which speaks to its popularity and durability.

Gray Metallic F-150 Ford Truck, parked on the road.

Toyota Tacoma

The Toyota Tacoma is a midsize pickup truck that is known for its reliability and durability. It’s one of the best-selling trucks in North America and has a resale value that’s hard to beat. In addition, the Toyota Tacoma retains its value better than any other vehicle in its class. The Tacoma’s resale value is due to its durability, reliability, and off-road capabilities. It’s a great choice for those who want a truck that can handle rough terrain and last for many years.

Chevrolet Silverado

The Chevrolet Silverado is a full-size pickup truck that’s been popular for decades. It’s known for its durability and towing capacity, making it a popular choice for buyers who need a truck for work or recreation. It’s also one of the vehicles with the best resale value. The Silverado’s popularity ensures that it remains in high demand in the used car market.

GMC Sierra

The GMC Sierra is another full-size pickup truck that’s known for its durability and towing capacity. No wonder this truck ranks among the top when it comes to retaining its value over time. The Sierra has a loyal following, and its popularity helps to keep its resale value high.

In conclusion, when buying a car, it’s essential to consider its long-term value. The vehicles mentioned above have an excellent resale value and are a great choice for those who want a reliable, durable, and long-lasting vehicle. The Toyota 4Runner, Subaru WRX, Honda Civic, Jeep Wrangler, Ford F-150, Toyota Tacoma, Chevrolet Silverado and GMC Sierra are all great options that retain their value better than any other vehicle in their class. Consider one of these vehicles when shopping for a car to ensure you get a good return on your investment when it’s time to sell.