What used cars offer the best resale value? If you want to avoid taking the initial depreciation on a vehicle, buying used is a great way to go.
You can subscribe to the idea that cars experience their greatest depreciation during the first five years, and in most cases, you’d be right. If you want to have a used vehicle and know that it’s a good investment, you’ll want to find a used model that doesn’t lose as much value as most others in the market. This leads us to the top used cars with the best resale value.
7. Toyota Prius – Five-Year Depreciation 17.1 Percent
The Toyota Prius retains most of its value after five years, giving you a car that can still be a good value after you drive it for a few years. The Prius is the most popular hybrid car in the entire market, and it’s one of the most fuel-efficient cars you can buy. Most models can achieve 58 city/53 hwy mpg, which means this car is great at helping you save money at the pump. Choose a Prius and expect it to continue to be a good value after a few more years.
6. Volkswagen Jetta – Five-Year Depreciation 16.7 Percent
One of the most affordable ways to drive a European car without stepping into the luxury car category is to drive the Volkswagen Jetta. This is one of the used cars with the best resale value, making it a solid choice for your future of driving. The Jetta provides a large cabin, and it depreciates at a much lower rate than models from German luxury brands, which makes it a great value.
5. Chevrolet Camaro – Five-Year Depreciation 16.5 Percent
The Camaro is a classic sports car that comes with impressive powertrains in either a coupe or convertible body style. This car has the chops to be a great car on any track or a fun sports car for those looking for a little excitement on public roads. The Camaro might be a surprising addition to this list, but its deprecations is miniscule after only five years. This should lead to long-term value for this impressive muscle car.
4. GMC Canyon – Five-Year Depreciation 16.5 Percent
You should expect trucks to maintain their value, but the GMC Canyon is the only pickup that makes it into the top seven used cars in terms of the best resale value. This affordable truck makes driving a pleasure, especially when you take it out on the trails for some fun and active driving. This is a pickup you can put through its paces and still allow it to deliver the goods when it’s time to sell it for your next vehicle.
3. Honda Civic – Five-Year Depreciation 16.0 Percent
One of the most popular vehicles in the entire market is the Honda Civic. This car comes in sedan, coupe, and hatchback body styles which gives you several great options for this compact car. The Civic is a favorite among tuners and comes in some impressive performance-oriented models if that’s what you want to drive and enjoy. This little Honda has a well-earned reputation for reliability, which helps it retain its value over many years. Get behind the wheel of a Civic and see if it’s the right car for you.
2. Kia Rio – Five-Year Depreciation 15.2 Percent
Some inexpensive small cars leave little room for actual deprecation, which means they can retain their value. These cars still need to provide high-quality features and characteristics to make sure they work for a long time. The Kia Rio is one of the top used cars in terms of the best resale value, making it an easy car to choose when you need a small commuter car that you can depend on and value for several years.
1. Porsche 911 – Five-Year Depreciation 15.0 Percent
The Porsche 911 has been around for several decades. Although late-model versions will lose some of their value during the first few years, once these cars hit classic status, they often have more value than when they were new. If you’re looking for an incredible Porsche to own and love for several years, the 911 could be a great choice. Find a model that’s five years old and hang onto it until it becomes a classic car. These Porsche sports cars are made well enough that many older models are still on the road.
These are the top seven used cars in terms of the best resale value. Choose one that will give you the value you desire when you’re done driving the car and want to sell it to the next owner.
This post may contain affiliate links. Meaning a commission is given should you decide to make a purchase through these links, at no cost to you. All products shown are researched and tested to give an accurate review for you.
