Resale value is one of the most important aspects to consider while buying a vehicle. Generally, dealers and buyers take into account the 5-year resale value of automobiles. Studies suggest that, on average, a vehicle typically retains about 45% of its original value after 5 years of ownership. However, models from reputed and reliable brands have low depreciation rates. Here are a few such vehicles with the best 5-year resale values:
Jeep Wrangler
SUVs tend to have higher resale values due to their durability and endurance. One such model is the Jeep Wrangler—a compact SUV with good off-roading abilities and a butch, indestructible build quality. It can seat five people. On the depreciation front, the Wrangler loses only 8.9% of its original value after 5 years of on-road usage, making this gas-powered (also available as a hybrid off-road SUV) vehicle one of the best long-term utility assets for buyers across the country.
Subaru Crosstrek
The Subaru Crosstrek is more urban in its style compared to the gigantic Wrangler. One similarity, though, is the SUV’s excellent 5-year resale value. One can get up to 61% of the original value on selling their Subaru Crosstrek after five years of use. That value, combined with the SUV’s sleek design, powerful engine, and assured driving dynamics, makes this vehicle a sought-after option.
Honda Civic
Honda cars typically depreciate minimally over time. After all, most of the brand’s vehicles are known for maintaining their reliability and efficiency even decades after purchase. The Civic has an attractive design and futuristic, functional interiors. It also seats about 4 or 5 passengers comfortably. Its 5-year resale value stands at 62.5%, making it a good long-term investment.
Toyota 4Runner
The Toyota 4Runner is a rugged SUV known for its astounding 5-year resale value of 75.3%. One also gets advanced safety features, durable build quality, and good fuel efficiency in the 4Runner.