10 of the Vehicles With Best Resale Value For 2017
Resale value can be an important factor on a new purchase
Vehicle depreciation stands shoulder to shoulder with car owners’s biggest nightmares. There are precious few cars that can actually return or even multiply your investment. Like these 10 with great resale values, for instance. Most of them, however, tend to lose more than half of their worth in 5 years. And more than 30 percent in 3 years time, while we’re at it. So, buying a car isn’t just about picking the one that appeals to you the most. If you like to think yourself a future-savvy careful planner, you’ll take depreciation into serious consideration. Kelley Blue Book does that for us every year. They rank all models according to numerous data sets including current vehicle data, condition, sales data, expectations of the future economy, competitiveness of the vehicle in question’s segment, etc.
As you can imagine, SUV’s and pickup trucks often dominate such lists and 2017 is no different. Utes have always suffered less vehicle depreciation attrition, and in turn, boasted better resale value figures. Here are the 10 sure deals among 2017 year models that you might want to consider if you’re in a market for a new vehicle and hold resale value in high regard, according to KBB.
10. Subaru WRX
Starting with number 10 spot, WRX will be the only actual car to have appeared on this list. Proud all-wheel drive performance car’s owner will keep 55.2% of its worth after 3 years. Subaru’s resale value after 5 years dips to 45.4% which puts the median (3 to 5 years) value of the two figures at 50.3%.
9. GMC Sierra
Larger of the two GMC pickups goes for 56.8% of its initial value after 36 months. It also retains 47.5% of its value after full 60 months which comes to 52.15% median value across the range.
8. GMC Canyon
GMC version of the Canyonado twins fails to replicate Sierra’s 5-year figures, keeping only 47.2% of its value. However, it can be sold for much more after 3 years. This way mid-size pickup’s owner gets to keep 59.8% of its value on average. Median percentage figure sits at 53.5%.
7. Chevrolet Colorado
Other half of the Canyonado package follows close by. It can be resold for 61.3% of its original value after 3 years, or for 48.1% on average after 5 years of ownership. Chevy badge and “Truck of the Year” award for 2015 obviously have something to do about this and Colorado’s median resale value of 54.7%.
6. Toyota Tundra
Tundra may be outdated, but it also has a loyal customer base. On average, full-size Toyota truck can be sold for 60.7% of its original value after 36 months and for 49% flat after 60 months. That puts the median resale value at 54.85%.
5. Honda Ridgeline
Due to being new to the market, Honda Ridgeline boasts the second best resale value after 3 years, of 64.4%. However, it will only return 47.6% after 5 years which sets the median value at flat 56%.
4. Chevrolet Silverado
Chevy Silverado will get you back more than half the initial investment, even after 5 years. 52.2%, to be more precise. On the other hand, it usually goes for 61.8% of its original value after 3 years, thus setting the median resale value figure at 57% flat.
3. Jeep Wrangler
Jeep Wrangler earns the median resale value of 57.4%. One of the most capable off-roaders today manages to achieve that thanks to 63.7% of the original value after 3 years and 51.1% after 5 years.
2. Toyota 4Runner
Toyota’s reputation for durability and 4Runner’s dying breed physiognomy likely have something to do with SUV’s high resale value. 3-year old 4Runner usually goes for 64.3% of the initial investment, while 5-year old used models return 54.5% of the figure. This puts the median value at 59.4%.
1. Toyota Tacoma
Even outdated Tacomas used to dominate KBB’s resale value lists for years, and redesigned model simply continues to do so. It returns 58.4% after 5 years of often hard ownership. Moreover, average Tacoma owner will easily recuperate 71.8% of its value if he/she decides to sell it after 3 years. That’s the median value of 65.1%.
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