Resale value in motorcars signifies their worth in the used car market over time. Factors like brand reputation, vehicle condition, mileage, reliability, and market demand often lead to higher values. Ideally, cars retain around 50 to 60% of their original price after three years. While all vehicles are subject to depreciation, specific models stand their ground without wrecking the original buyer’s investment.
Hyundai Veloster
CarEdge’s 5-Year Residual Value: 88.53%
Buyers loved this three-door hatchback for its sporty features, especially the turbocharged engine and asymmetrical design. As expected, the Veloster’s resale value is higher than other sporty cars in its segment. According to car experts, it depreciates around 30% after five years, going from the average price of $35,334 to about $24,886.
Volkswagen Tiguan
CarEdge’s 5-Year Residual Value: 89.00%
This compact SUV has a comfortable ride, spacious interior, and various engine options, including a turbocharged 4-cylinder. The Tiguan is ideal for people who drive every day with occasional adventures. Estimates say it depreciates around 28%, going from $34,915 to $25,076 after five years of ownership.
Honda Odyssey
CarEdge’s 5-Year Residual Value: 89.00%
The Honda Odyssey excels at comfort and practicality, with considerable performance for raw speed, thrilling driving dynamics, and resale value. In addition to its spacious interior and family-friendly features, its value sheds throughout its service life. A new Odyssey only drops from $42,300 to $30,632, a 27% loss in value after five years.
Ford F-250 Super Duty
CarEdge’s 5-Year Residual Value: 89.00%
The F-250 Super Duty is a powerful and popular heavy-duty pickup truck known for its towing, rugged construction, and capability of handling tough jobs. These features contribute to its resale value even after a long time, shedding just 17% in five years. The average price goes from $75,411 to $62,448, higher than other trucks.
Ford F-350 Super Duty.
CarEdge’s 5-Year Residual Value: 89.67%
The RAM 3500 retains 75% value in five years thanks to its impressive towing and rugged build quality. Higher trim levels with a crew cab, four-wheel drive, or a powerful diesel engine might hold their value slightly better than base models. It would help if you also considered buying a certified pre-owned (CPO) RAM 3500 with an intact warranty.
RAM 3500
CarEdge’s 5-Year Residual Value: 89.67%
The RAM 3500 retains 75% value in five years thanks to its impressive towing and rugged build quality. Higher trim levels with a crew cab, four-wheel drive, or a powerful diesel engine might hold their value slightly better than base models. It would help if you also considered buying a certified pre-owned (CPO) RAM 3500 with an intact warranty.
Toyota Tacoma
CarEdge’s 5-Year Residual Value: 89.65%
Owners choose the Tacoma for its durability and off-road capability. Despite its size, this Toyota has excellent balance, so owners commonly use it for everyday driving, work, and outdoor cruises. It scored 3.5 out of 5.0 in a reliability test by RepairPal, and CarEdge says it still has 67% of its original value, with prices dropping from $31,774 to around $21,353 in five years.
Honda Accord
CarEdge’s 5-Year Residual Value: 90.00%
This Accord is suitable for families or those who need to carry a lot of gear, as it has a roomy cabin with enough passenger and cargo space. Buyers can choose the fuel-efficient four-cylinder engine or the hybrid variants, which deliver excellent gas mileage. Car enthusiasts praise it for keeping 79% value after five years.
Mazda MX-5 Miata
CarEdge’s 5-Year Residual Value: 90.01%
Mazda vehicles are known for their reliability, and this roadster with lower repair costs is no exception. CarEdge expects the MX-5 Miata to keep around 81% of its value after five years, so you’ll sell it for about $27,976 after buying at $34,688. To further increase this price, you can choose classic colors that stay in vogue for long or a popular trim level with features some buyers might desire, like a Brembo brake package.
Mazda CX-5
CarEdge’s 5-Year Residual Value: 90.11%
This compact SUV has excellent transmission and suspension and has a mere 28% depreciation rate after five years. The CX-5 retains a substantial chunk of its resale value due to the model year, fuel economy, and engine condition. Higher models with features like leather seats or a turbocharged engine might retain their value better and longer due to their added performance.
Mitsubishi Mirage
CarEdge’s 5-Year Residual Value: 90.40%
The Mitsubishi Mirage is a budget-friendly subcompact vehicle. CarEdge ratings show that the Mitsubishi Mirage keeps 73% value after half a decade of use, going from $19,181 to almost $13,975. In addition to its resale value, most people like this hatchback for being subcompact, budget-friendly, and fuel-efficient.
GMC Sierra 1500
CarEdge’s 5-Year Residual Value: 90.60%
The Sierra 1500 performed most in 2022 due to its 78% resale rate after five years. Therefore, it is a high-ranking contender in the light-duty full-size truck segment because it has the powertrains to support towing and hauling. It also has a much-needed roomy cabin with impressive legroom and an easy-to-use touchscreen display.
Chevrolet Silverado 3500HD
CarEdge’s 5-Year Residual Value: 90.73%
Unlike most cars, the Silverado makes the person who got it new and whoever buys it second-hand happy. The owner can sell it for $66,849 five years after getting it for $78,295, while the buyer can save $2,860 in 2 years or wait five years for it to drop by over $10,000. The 3500HD’s heavy-duty build ensures it can endure years of hard work, making it highly desirable to used car buyers who need a long-lasting workhorse.
Nissan Frontier
CarEdge’s 5-Year Residual Value: 91.16%
According to CarEdge, the Frontier retains 77% value after five years, much higher than the average 50% – 60% loss. It is a common sight in the used market due to its competent off-road capability and towing capacity, making it suitable for work, outdoor cruising, or everyday use. Likewise, buyers are willing to buy a Frontier, knowing they can still get a few more years of dependable service.
Subaru Forester
CarEdge’s 5-Year Residual Value: 91.74%
The Forester is typical for buyers with families or individuals who want safe and secure rides. It consistently ranks among the best-selling compact SUVs thanks to a standard all-wheel drive and substantial cargo space. CarEdge notes that, unlike other cars whose value drops rapidly, the Forester keeps 78% after five years of ownership.