When it comes to buying a vehicle, considering its resale value can save you money in the long run. Some cars hold their value better than others, making them an excellent investment. Here are eight cars that surprise owners with high resale values, providing a smart choice for those thinking about long-term returns.
Toyota Tacoma
The Toyota Tacoma is a standout in the world of pickup trucks, renowned for its durability and reliability. This midsize truck consistently ranks high in terms of resale value. According to CareEdge, the Tacoma holds its value better than most of its competitors. With its off-road capabilities and strong demand in the used car market, the Tacoma is a wise choice for those looking to invest in a vehicle with staying power.
Model years like the 2019 and 2020 Tacomas have shown particularly strong performance in the resale market. The combination of a robust build and the Toyota brand’s reputation for longevity ensures that this truck remains a favorite among buyers, maintaining its appeal long after the initial purchase.
Subaru WRX
The Subaru WRX is a sporty sedan that combines performance with practicality, making it a hit among enthusiasts and everyday drivers alike. Known for its all-wheel-drive system and turbocharged engine, the WRX offers an exhilarating ride. This car’s ability to retain value is impressive, with many models holding their worth over time.
The WRX’s high resale value can be attributed to its limited production numbers and cult following. As INKL highlights, the WRX is one of those cars that enthusiasts keep in high demand, ensuring that it remains a valuable asset for its owners.
Porsche 911
The Porsche 911 is a legendary sports car that has maintained its allure and value across generations. Known for its timeless design and exceptional engineering, the 911 is a symbol of luxury and performance. Its strong resale value is a testament to its enduring appeal and the brand’s commitment to quality.
Specific models, such as the 2017 Porsche 911 Carrera, have demonstrated remarkable retention of value. The high demand for pre-owned 911s stems from their reputation for reliability and the exhilarating driving experience they offer. As a result, investing in a 911 often means enjoying a car that holds its value well.
Honda Civic
The Honda Civic is a staple in the compact car segment, known for its reliability, efficiency, and affordability. This vehicle has a broad appeal, attracting a diverse range of buyers, from students to families. The Civic’s reputation for longevity and low maintenance costs contribute significantly to its resale value.
Models like the 2018 Honda Civic have shown excellent resale performance, making it a smart choice for budget-conscious buyers. As Yahoo Autos notes, the Civic consistently ranks high in resale value, thanks to its widespread demand and Honda’s reputation for building long-lasting vehicles.
Jeep Wrangler
The Jeep Wrangler is an iconic off-road vehicle that has a dedicated fan base. Its rugged design and unparalleled off-road capabilities make it a favorite for adventure seekers. The Wrangler’s unique blend of style and functionality ensures that it retains its value better than many other SUVs.
Thanks to its timeless appeal and strong community support, the Wrangler is a vehicle that continues to perform well in the resale market. Model years like the 2020 Wrangler have shown impressive value retention, making it an excellent choice for those seeking a vehicle with lasting value.
Tesla Model 3
The Tesla Model 3 is a game-changer in the electric vehicle market, offering cutting-edge technology and impressive performance. Its high resale value is driven by the increasing demand for electric vehicles and Tesla’s strong brand recognition. The Model 3’s combination of range, performance, and innovative features make it a top choice for eco-conscious buyers.
According to a study in ScienceDirect, electric vehicles like the Tesla Model 3 are becoming more desirable, which helps maintain their value over time. The Model 3’s appeal continues to grow, ensuring its place as a high-value asset in the electric car market.
Ford F-150
The Ford F-150 is a titan in the truck world, known for its strength, versatility, and innovation. It is a top choice for those needing a reliable workhorse that also holds its value well. The F-150’s longstanding reputation for dependability and its wide range of configurations make it a favorite among truck buyers.
Model years such as the 2018 and 2019 F-150s have shown strong performance in resale value. The truck’s continued popularity and Ford’s commitment to quality ensure that the F-150 remains a wise investment for those in the market for a truck.
Lexus GX
The Lexus GX is a luxury SUV that combines off-road capability with high-end comfort. Known for its robustness and reliability, the GX offers a refined driving experience, making it a popular choice for those seeking both luxury and performance. Its strong resale value is a reflection of Lexus’s reputation for building vehicles that last.
With models like the 2019 Lexus GX 460, buyers can expect excellent resale value. As highlighted by CBS42, the GX is a standout in the luxury SUV market, offering a blend of durability and luxury that keeps it in high demand.