Buying a car is just the start of the ownership cycle. Having traveled where you need to go, there also comes time to sell and the chance to get some of your money back.
At that point, certain vehicles hold significantly more value than others. According to iSeeCars.com, SUVs, pickups and sports cars are best, led by a pair of Jeep Wranglers. The auto research site analyzed close to eight million car sales and found that, whereas the average new car loses almost half its value in five years, the Wrangler Unlimited and two-door Wrangler give up just 30 and 31.5 percent. Such differences can translate into large potential gains on your next transaction.
A 2020 Jeep Wrangler Rubicon, for example, starts at $38,295. Apply the average rate of new-car depreciation, recorded at 49.6 percent by iSeeCars.com, and its value falls to $19,301 in those first five years. Seeing as it’s a Wrangler, however, it’s predicted to be worth $26,232, which gives you an extra $6,931. That’s a useful sum for your next down payment, or for other things.
Riding high with the Wranglers is the Toyota 4Runner utility, while four solid trucks, the Toyota Tacoma, Toyota Tundra, Honda Ridgeline and Nissan Frontier, join them in the top 10. The Porsche 911, Nissan GT-R and Subaru Impreza WRX are the lowest depreciating sports cars.
“For consumers who purchase new vehicles and sell them after five years, choosing a car that holds its value is a smart economic decision,” said Phong Ly, CEO of iSeeCars.com.
Cars that hold most value
Including average depreciation at five years
- Jeep Wrangler Unlimited, 30 percent
- Jeep Wrangler, 31.5 percent
- Toyota Tacoma, 32 percent
- Toyota Tundra, 35.9 percent
- Toyota 4Runner, 36.5 percent
- Porsche 911, 37.2 percent
- Honda Ridgeline, 38.1 percent
- Nissan GT-R, 39.4 percent
- Nissan Frontier, 39.5 percent
- Subaru Impreza WRX, 40 percent
Learn more about financing a new or used car with RoadLoans, and apply for your loan online.
Written by:
With 10 years of experience in auto finance, Rob Looker helps car shoppers find the right vehicles with the right financing so they can enjoy the road ahead. When he’s not creating content, he’s often behind the wheel, exploring new…
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