Top 5 Car Models With Highest Resale Value

Top 5 Car Models With Highest Resale Value

When buying and selling a vehicle, resale value is quite important. A new car that depreciates faster than competitors may cost you money in the form of a lower trade-in value or the possibility of paying more than the car is worth in a long-term loan. That is why selecting a car with a high resale value might save you a lot of money in the long term. Our annual Best Resale Value Awards help you identify genuine long-term value.

Best Overall Resale Values of 2022

The annual Best Resale Value Awards presented by Kelley Blue Book honor particular cars that are expected to maintain the greatest percentage of their original MSRP. This list reflects the finest of the best, and the bar for receiving this accolade is quite high.

These automobiles outperform 95% of all other models in terms of value retention. While the average new car is worth around 40% of its original sticker price after 60 months, these vehicles return more than 59% of their value to their owners’ purses. For a $35,000 car, it equates to a significant difference of around $6,650 during a 5-year buy-own-sell ownership cycle. As a result, opting for a car with a high resale value will frequently save you more money in the long term than pursuing large rebates and other incentives.

Rank Model 5-Year Resale Value
1 2022 Toyota Tundra 70.2%
2 2022 GMC Sierra 60.8%
3 2022 Toyota Tacoma 60.6%
4 2022 Ford Maverick 59.5%
5 2022 Chevrolet Corvette 59.5%

What exactly is resale value?

You might wish to sell your automobile at some point. The resale value of your automobile, truck, or SUV is its estimated market value when you sell it.

What factors does Kelley Blue Book use when determining which vehicles have the highest resale value?

The Kelly Blue Book Experienced automotive analysts examine the output of statistical models developed on millions of transactions to determine best residual value cars. These prestigious honors are given to vehicles with the highest 5-year residual values, indicated as a percentage of their original Manufacturer’s Suggested Retail Price (MSRP). Except in the electric, premium, and sports car categories, low-volume vehicles are barred from candidacy for awards.

Is resale value really important?

Yes. Choosing the proper model gives you confidence that you’ve made the right choice. If a car has a high resale value, it will be worth more when it comes time to exchange. This is an excellent approach to lowering total car expenditures, which we can all benefit from in these uncertain times.

Toyota Tundra

The Toyota Tundra is an excellent pickup. It has two powerful powertrains, one of which is a hybrid, and both feel capable in almost every driving circumstance, including towing. The Tundra handles and rides nicely, and it has a well-designed cabin.

The seats are comfortable and supportive, the electronic systems are simple to use, and the CrewMax cab provides plenty of rear-seat legroom. The Tundra’s main significant flaw is that it can’t pull or haul as much as most other full-size pickup trucks.

The leaf-spring rear suspension is standard on most half-ton trucks. The Tundra has coil springs in the rear, which help it ride and drive far better than others. It can also tow up to 12,000 pounds and comes equipped with a suite of driver assistance features. Unlike its domestic competitors, the Tundra does not have a V-8 engine. Gasp! The only engine choice is a twin-turbo V-6, although it can be combined with a hybrid system to provide 437 horsepower and 583 pound-feet of torque. There are various reasons why the 2022 Tundra has the goods to take on the Americans, including an interior that is far nicer than its predecessor and an infotainment system with a 14.0-inch touchscreen.

GMC Sierra 1500

The Sierra 2022 is a nice, big pickup truck. It has a big and contemporary cabin, a long list of optional tech and comfort options, an easy-to-use infotainment system, a smooth ride, and excellent towing and hauling capabilities. It is also available with a variety of strong engines. With the exception of a few nitpicks, such as some harsh plastics in the interior, the updated Sierra has few severe problems.

GMC’s half-ton truck has become a lot more appealing, thanks to an inflow of genuinely luxurious materials, notably on the new top-of-the-line Denali Ultimate. With the installation of Super Cruise, the vehicle may now be driven hands-free. The majority of vehicles include entirely digital dashboard displays and a Google-based infotainment system. The 2022 Sierra 1500 retains its powerful engine lineup, which includes a 420-hp V-8 and a diesel six-cylinder with 460 pound-feet of torque. The most powerful variant can tow up to 13,200 pounds, and the new AT4X is GMC’s counterpart of the off-road-focused Silverado ZR2.

Toyota Tacoma

The 2022 Toyota Tacoma is excellent for labor and off-roading, but its tiny cabin and driving qualities are less sophisticated than those of most other mid-size trucks. While it is the only one that still provides a manual transmission, its underpowered four-cylinder and 270-hp V-6 engines provide unimpressive performance; a six-speed automatic transmission is available but isn’t very tuned. At the very least, the Tacoma is backed by Toyota’s legendary dependability, and its off-road-optimized variants are particularly capable.

It’s more than capable of tackling the trails, particularly in the TRD Off-Road and TRD Pro versions, and its towing and hauling capacities are standard for the class. The Tacoma also comes standard with a slew of amenities, including Apple CarPlay, Android Auto, and Amazon Alexa. Unfortunately, it also features a crowded rear row, a hard ride, and a poor engine.

Ford Maverick

The all-new Ford Maverick is a fantastic little pickup truck that is a welcome return to the little pickups that vanished over a decade ago. The Maverick is a cheap, utilitarian vehicle that is approximately as simple and pleasant to drive as a compact SUV. Powertrain options include an economical hybrid system and a turbocharged four-cylinder, both of which propel the truck quickly. The Maverick can also transport a surprising amount of goods, and its crew cab is large and well equipped for the price.

Of course, there are trade-offs. The Maverick has limited towing and off-road capability, and its hard-plastic cabin may be too basic for some. But, ultimately, it succeeds.

A 2.5-liter four-cylinder engine, an electric motor, a continuously variable automatic gearbox, and front-wheel drive are standard. Ford provides all-wheel drive as an option, but only with the nonhybrid turbocharged 2.0-liter four-cylinder engine. The four-door crew cab body type with a 4.5-foot bed is shared by all models.

Chevrolet Corvette

In almost every way, the 2022 Chevrolet Corvette is a fantastic sports vehicle. The Corvette accelerates quickly and carves corners with superb elegance and agility, all while absorbing road shocks and dips. The cabin is stylish, comfy, and equipped with cutting-edge technology, and there’s a surprising amount of storage space divided between the front and back compartments. The real kicker is the Corvette’s resale value. The starting price for this mid-engine V8 sports vehicle is around $61,000.

The Chevrolet Corvette has been a fixture of performance-car culture since the 1950s, and the latest C8 model takes that legacy to a new level with a pounding V-8 positioned below the passenger compartment. When outfitted with the Z51 package, the Corvette’s performance in the supercar range and surgically precise handling make it a track day darling—but its ride over rough stretches is shockingly pleasant, and its interior is comfortable enough for daily usage. The coupe features a lift-off top panel for open-air motoring, and storage spaces below the engine and in front of the cabin provide ample packing room for a weekend away, plus its reachable price, great performance, and unexpected practicality.