When buying a pre-owned or new vehicle, there are various factors to consider, including the on-road price, features, safety ratings, and more. However, people typically do not keep their cars for long periods and often look to upgrade to a new model. This is where the resale value becomes an important consideration. To maximize the return during a sale, it’s essential to research and choose brand trims that are known for retaining vehicle value.
Toyota Tacoma
The Toyota Tacoma is among the most popular cars with the best-in-class resale value. This is because of its initial price point, which is lower when compared to other trucks in the mid-size category. Reasons for its good resale value include its reliable off-road capabilities and low maintenance costs. Moreover, the pickup truck has a reputation for being durable and compact, making it the perfect city, highway, and off-road companion.
Honda Ridgeline
Among other vehicles that hold value, the Ridgeline ranks high in value because of factors like its comfort and drivability. It’s a suitable choice for drivers who prefer the utility features of a truck, without letting go of the ride comfort present in an SUV. Highlight features that buyers can expect in the Honda Ridgeline include an in-bed trunk for extra storage, impressive towing capacity, and brilliant safety ratings.
Tesla Model X
Electric cars, like the Tesla Model X, are also a top value-retaining option. Its impressive mileage, up to 358 miles, is one of the reasons for its high resale value. The battery-operated car is also loved for its incredible feature set, including its Falcon Wing doors and superior Autopilot system. Inside, the Tesla Model X offers ample space and comfort for the driver and passengers.
Ram 1500
The Ram 1500 is the perfect blend of luxury and power. Its reliable resale value comes from factors like premium interior materials, comfortable ride dynamics, and powerful towing capabilities. Its stylish design and seamless handling also appeal to most auto enthusiasts. Moreover, no corners are cut on technology either, providing a great overall experience for the driver and passengers. The RAM 1500 has one of the most upscale cabins, with smart connectivity features, including navigation systems and 360-degree view camera systems.
Subaru Crosstrek
The Subaru Crosstrek is known for being among the cars that depreciate slowly because of its rugged build and superior reliability. The automobile also has an under-the-hood setup designed to last for years. Another feature that sets it apart from other older car models is its standard all-wheel drive. The Subaru Crosstrek is also a multiple award winner, which also contributes to its long-term value.
Toyota Corolla
The Toyota Corolla is a resale-friendly vehicle because of various factors, including reliability, fuel efficiency, and affordability. It’s also great on the safety front, featuring the best assistive technology, and has other modern features. With timely maintenance, the Toyota Corolla can last for years and offer a good return on investment. Buyers can find many Toyota Corolla models in the market, which lets them find one that suits their budget and requirements.
Ford F-150
This vehicle from Ford boasts good value retention because of its range of engine options and bed lengths. The F-150 is also capable of handling both light- and heavy-duty tasks. It has incredible towing power (up to 14,000 lbs), a durable build, and spacious interiors. Other reasons why the Ford F-150 is one of the best long-term investment cars are its EcoBoost engine and Pro Trailer Backup Assist technology for easy trailer maneuvering.
Honda Civic
This reliable investment car is known to hold its value on the road for years. A few reasons why one should consider the Civic are its exceptional maintenance records and quality parts that keep it problem-free. The Civic has also won awards in the compact car segment for having one of the highest resale values. Additionally, one can consider buying the Honda Civic for its superior on-road performance, safety quotient, and affordability in the segment.
Chevrolet Silverado
Another used car with great resale value is the Chevrolet Silverado. For starters, the Silverado 1500 has received awards from vehicle evaluation and automotive research companies for its affordable maintenance costs over a five-year tenure. Many models are known to surpass the 200,000-mile mark when maintained. Moreover, enthusiasts appreciate the powerful engine choices and towing capacity paired with the truck. Furthermore, the modern trims of the Silverado have advanced features at price points lower than those of its competitors. Also, its plush interiors are interesting elements that the driver and passengers cannot overlook.
Subaru Impreza
In addition to being one of the most affordable vehicles, the Subaru Impreza is also great at retaining its value. A major reason for its value is probably its reliability factors, with few problems even after 10 years of use or many miles on the odometer. Also, given a low price point, both for new and old models, it’s easy to buy and sell to new drivers interested in a learner vehicle. Other benefits of owning the Subaru Impreza include good fuel economy, superior safety features, and great ride comfort.