Consumers make car buying decisions based on many factors. The make and model of the car are just as important as the vehicle’s resale value. Many buyers choose great value brands and fancy vehicles to command more money when selling at a later date. If you are in the market for a new car, the chances are high that you are looking for the best car brands or cars with the best resale value.
This guide takes you through;
- The importance of a car’s resale value
- Best brands for resale value after 5 years
- Top cars with the highest resale value in 2022
Why A Car’s Resale Value Is Important
Your car’s residual value or resale value is probably the most important selection criteria when making a purchase. Most people buying cars take out a loan to finance the decision. This means they’ll have to repay the loan over a specified time before assuming full ownership. Many car buyers choose long-term repayment loans of up to 5 years on their cars for financial convenience. This means they may be looking to sell such vehicles at the end of their loan payment period. Buying cars that hold their value over the years helps them retain a considerable ask price whenever they’re ready to sell. Putting your vehicle’s resale value in mind can help streamline the types of car brands you’re interested in or your decisions.
5 Best Car Brands For Resale Value After 5 Years
Depreciation is an important factor to consider when buying your car. Most cars would lose a considerable chunk of their value as soon as you drive out of the dealership. Other times, consumer experiences with seemingly good cars may affect the car’s rating, demand, and overall resale value.
Whether you are buying new or looking for the best car brands to buy used, the resale value after five years is important. Here is a list that answers your “what cars hold their value the best” question. Keep in mind that this resale value list was prepared by taking the vehicle’s design, brand desirability, quality, vehicle condition, and mileage into consideration.
Subaru
The Subaru car brand ranks number one among top car brands with the highest resale value. The vehicle manufacturing brand has maintained the top spot for resale value after 3, 5, and 7 years of the initial sale. This is your top choice if you want to take a long-term car loan or best resale value motors.
Top Subaru cars with the best resale value
Subaru WRX (Sports car)
Subaru Forester (Compact utility car)
Subaru Crosstrek
Subaru Impreza
Subaru Outback
Toyota
Toyota has enjoyed massive success worldwide and has built a brand synonymous with customer satisfaction and quality. The Toyota brand ranks second among the best-value used cars for this reason. There’s always a high chance you’ll sell your Toyota vehicle at a great price, irrespective of the model.
Top Toyota cars with the best resale value
Toyota Tacoma (Mid-sized pickup)
Toyota Tundra (Full-sized pickup)
Toyota Highlander (SUV)
Toyota Corolla
Toyota RAV4
Toyota Land Cruiser
Toyota Sequoia
Ram
Ram is one of the less common but high-profile vehicles in the United States. Over the years, buyers have trusted the brand for its quality and integrity, thus improving its overall resale value. While it may not be a very popular vehicle compared to other vehicle brands, it does well in the resale market.
Top Ram cars with the best resale value
Ram 1500
Ram 2500
Ram Promaster Cargo Van
Ram 3500
Dodge
The Dodge brand certainly doesn’t fall under the fancy cars category. Still, it does averagely well to retain its original value even after five years of ownership. Many consumers agree that this vehicle does OK to retain an average value after some years. It is certainly not the best used value retention brand, but it is on the average mark.
Top Dodge cars with the best resale value
Dodge Durango
Dodge Charger
Dodge Challenger
Honda
Honda is a popular brand that has sold worldwide. The brand name and latest automobile technology have pushed the vehicle brand to become one of the best brands of vehicles that hold their value. The Honda brand has continued to show consistency across the important metrics used to calculate resale value after five years.
Top Honda cars with the best resale value
Honda Civic
Honda CR-V
Honda HR-V
Honda Pilot
Honda Accord
Honda Ridgeline
Honda Odyssey
Other best cars with high resale value
Mazda cars with the best resale value
Mazda CX-3
Mazda MX-5 Miata
Mazda CX-5
Mazda 6
Mazda 3
Mazda CX-9.
Chevrolet cars with the best resale value
Chevrolet Camaro
Chevrolet Silverado 1500
Chevrolet Colorado
Chevrolet Corvette
Chevrolet Tahoe
Chevrolet Suburban
Chevrolet Silverado 2500HD
Chevrolet Silverado 3500HD
Chevrolet Malibu
Chevrolet Traverse
Chevrolet Equinox
Chevrolet Spark
Chevrolet Trax
Chevrolet Express.
GMC cars with the best resale value
GMC Canyon
GMC Sierra 1500
GMC Yukon
GMC Acadia
GMC Sierra 3500HD
GMC Terrain
GMC Sierra 2500HD
GMC Yukon XL,
Ford cars with the best resale value
Ford F-150
Ford F-250 Super Duty
Ford F-450 Super Duty
Ford F-350 Super Duty
Ford Mustang
Ford Expedition
Ford Explorer
Ford Escape
Ford Edge
Ford Transit Connect
Volkswagen cars with the best resale value
Volkswagen Passat
Volkswagen Jetta
Volkswagen Tiguan
Hyundai cars with the best resale value
Hyundai Elantra
Hyundai Tucson
Hyundai Accent
Hyundai Veloster
Hyundai Santa Fe
Hyundai Sonata
Jeep cars with the best resale value
Jeep Wrangler
Jeep Compass
Jeep Grand Cherokee
Jeep Cherokee
Nissan cars with the best resale value
Nissan Titan
Nissan Frontier
Nissan GT-R
Nissan Rogue
Nissan Titan XD
Nissan Murano
Nissan 370Z
Nissan Maxima
Nissan Armada
Nissan Versa
Nissan Pathfinder
Nissan Altima
Nissan Sentra
Kia cars with the best resale value
Kia Forte
Kia Soul
Kia Sportage
Kia Optima
Kia Sorento
Kia Rio
Kia Sedona
Kia Telluride
Buick cars with the best resale value
Buick Enclave
Buick Encore
Top 2022 Cars With the Highest Resale Value
Before heading to the market for a new car in 2022, you should know the cars with the highest resale value and how this affects your choices. Here is a list of the best 2022 cars to buy based on resale value. On the list is the Hyundai Accent, an affordable and modern vehicle made for whoever is on a budget yet interested in selling for a great price in the future.
2022 vehicles with the best resale value
Best Resale Value Subcompact Car – 2022 Hyundai Accent
Best Resale Value Compact Car – 2022 Honda Civic
Best Resale Value Midsize Car – 2022 Kia K5
Best Resale Value Full-size Car – 2022 Dodge Charger
Best Resale Value Sports Car – 2022 Subaru WRX
Best Resale Value Minivan – 2022 Honda Odyssey
Best Resale Value Premium Compact Car – 2022 BMW 2 Series
Best Resale Value Premium Midsize Car – 2022 Genesis G70
Best Resale Value Premium Full-size Car – 2022 Audi A6 Allroad
Best Resale Value Premium Executive Car – 2022 Mercedes-Benz AMG GT 4-Door
Best Resale Value Premium Sports Car – 2022 Porsche 911 Carrera
Selling Your Used Car
One of the practical ways to test cars with the best resale value is to offer them up for sale. If you’re looking to sell your car, read our resource on the 3 best sites to sell your car. You can also contact us directly at Cashforcars.io to request a free instant quote for your car.
