We’ve already covered cars that have terrible resale value once they leave the dealer lot, but there are some cars out there that offer an impressive return—aka you won’t lose too much money—on your investment should you decide not to keep it. Whether it’s because of popular demand, a reliable choice that is known to last for years, or something that offers utility and the most bang for your buck, the market does have some outstanding examples of great resale value.
Here are some of those diamonds in the rough that will give you a nice chunk of change at the end of your automotive relationship.
This Toyota pickup holds an astonishing 72.9% of its value at 36 months and 61.7% at 60 months! These numbers are impressive to see from a utility truck. But it makes sense because Toyotas last, and with a pickup you can use it for almost any task, negating the money you may lose the couple years you have it. With something as universally proven as a Toyota pickup, it’s no shock (okay, maybe it’s a bit of a shock) that you could potentially get 5/8ths of your money back after five years.
Solid investments are hard to come by but the Tacoma makes a case for getting the most for your money when it comes time to purchase an automobile that will give you plenty in return.
Usually on most lists as one of the best compact SUVs to purchase, the Subaru Forester is an all-around great automobile. Subaru in general is usually tops in the automotive world with many of their vehicles having impressive resale value. With standard all-wheel drive, high safety marks, as well as a reliable drivetrain, the Forester will take a lickin’ and keep on tickin’.
Most Foresters see almost 60% of their resale value after 36 months and 47% after five years. This means that although you’re really getting the most out of your car during your ownership, you’re also going to get a good chunk of change back when you have to see it go.
We suspect that the Wrangler has one of the best resale values based specifically because it’s cool factor. Being one of the most recognized automobiles on the road has its benefits, and one of those is that you can get a pretty penny for one when it comes time to sell. Even though they’re more fun than practical—Wranglers don’t really slot into good family vehicles—they hold their value with an almost anomaly like resilience.
The fact that you can use a Jeep year round helps to give you value in every season, and they are great for escaping to the country since their exploration skills are hard to match. If you’re looking for something fun pre-children, the Jeep is a great prospect., especially when you can get back up to 65% and 54% at 36 and 60 months, respectively.
While the CR-V stands for Compact Recreational Vehicle, we like to think of it as the “Comfortable Roundabout Vehicle” because of it’s small stature but big feature mentality will get you to your destination in compact comfort no matter what the route. The CR-V isn’t the most beautiful or romantic pick on the list, but its reliability, convenience, and feature-packed option set means you can purchase a spec’d out CR-V exactly how you want it.
Being a great entry-level SUV on a smaller scale, means budding families are going to always seek out a model like the CR-V to start their more conservative vehicle purchases moving forward. Face it; it’s inevitable you’re going to need to get rid of that two-seat sports car. Sorry.
Teslas are built to order, meaning it could take quite some time before you order a Tesla to actually receive it. However, if you’re buying in the secondhand market, your choices vastly increase. Teslas are in demand for multiple reasons, but the biggest is they’re simply great cars. Electric only, great vehicle dynamics, unbelievably safe, and pioneers of technology, the Model S is the future of driving. Now with Autonomous mode driving, you can relax a bit more on the road.
While Teslas aren’t on the cheaper end of the automotive spectrum, you are getting tremendous bang-for-your buck with a car that holds its value better than most fossil fuel powered competitors. If you’re looking for the future, and also a future that makes your wallet happy in the long run should you decide to part ways, owning a Tesla won’t leave you shocked in the end.
If you thought all sports cars depreciated so fast that they’re only luxury items, you’d be in very good company, because it’s mostly true. The Chevrolet Camaro, however, bucks the trend in favor of a very competitive platform that offers a restyled interior and exterior, which keeps it competitive amongst its rivals. The fact that the Camaro also relies on General Motors’ proven engine platforms only gives it more cred when it comes to being reliable in the long term.
The growing pains of the Camaro have all but seemed to dissipate and now you’re left with a variety of engine and transmission options, as well as performance on par with some of the fastest cars in the world. The Camaro may be fast, but the deprecation is slow.
When you’re looking for something in a car that can be extremely all-encompassing depending on how you decide to spec out your vehicle, the Charger is one of those automobiles that comes in all different shapes and varieties. With a dependable global platform that is on other vehicles within the Dodge organization, the Charger can come equipped with everything from a V6 and AWD to a 707 horsepower supercharged V8 that will do over 200 mph.
The reason the Charger keeps its resale value high is due to a high demand for the option-laden platform. There’s really a choice for everyone who is in the market for the Charger. You can see Chargers that are good enough to be commissioned for late-night NYC taxi commission, and you can see the Charger being raced around Mazda Raceway in Sonoma Valley. The Charger is a mixed bag that offers tremendous return
Leave it to Lexus to offer a luxury car that is completely different than almost every other luxury choice on the market. It’s not steely eyed and calculated like the German offerings, and it’s more technologically advanced than some of the American ones. The GS 350 hits the mid-range sweet spot of the luxury market with wholly opposed styling than the rest of its competition, as well as (let’s face it) amazing Toyota underpinnings.
Massaged, heightened, stepped up, and smoothed over by Lexus engineers, the GS 350 rides like a dream and delivers decent performance when pushed. The fact that it’s from the same parent company as the Camry means that its reliability won’t be questioned. If you’re looking for luxury that differs from the competition but might want to upgrade in a few years, the GS 350 is a compelling choice.
The Tahoe makes it onto many lists (except vehicles with the highest fuel economy numbers) because of its range of multi-faceted abilities. Whether it’s cargo room, family room, trips across the country, or just a beastly daily driver, the Tahoe offers a whole lot and will bring you back some cash should you depart.
Unless you have an obscene amount of miles on the odometer, the Tahoe will bring you back around 54% of the value at three years and 42% at five years. Meaning, you can haul and do a lot in that time span and then move onto something bigger, smaller, more luxurious, or an updated Tahoe model with plenty of cash in hand for the swap.
Not your typical used car salesman. Our team is here to provide honest and transparent advice about car buying and selling.