Which Cars Have The Best Resale Value?

Tyler Durden's Photo
by Tyler Durden
Monday, Dec 18, 2023 - 03:45 AM

For three years now, the used-car market has been booming, after the pandemic disrupted new car supply chains, sending secondhand vehicle prices skyrocketing.

But which cars have the best resale value?

In the graphic below, Visual Capitalist's Marcu Lu and Pallavi Rao show the top 10 vehicles with the lowest depreciation rates over five years, based on data from iSeeCars.

They analyzed over 1.1 million used cars from model year 2018, sold between November 2022 to October 2023. Models no longer in production as of the 2022 model year were excluded.

Porsche is Still (Almost) Perfect After Five Years

Heading the list, Porsche has two models with the best resale value after half a decade.

After five years, the 911 (Coupe) only loses 9% of its retail value in the used-car market on average. Porsche’s flagship costs anywhere between $90,000–$294,000 based on the horsepower (ranging from 200–700), along with other model specifications.

At second place, the Porsche 718 Cayman loses about one-fifth of its value. Two other Porsches - the Boxster, and the 911 convertible - also feature in ranks, at 12th and 15th respectively, both losing around 25% of their retail price tag.

Here’s a look at the full list of slowest depreciating cars in the United States:

RankModelAverage 5-Yr
Average Difference
from MSRP
1Porsche 911
2Porsche 718
3Toyota Tacoma20%$8,359
4Jeep Wrangler21%$8,951
5Honda Civic22%$5,817
6Subaru BRZ23%$8,114
7Chevrolet Camaro24%$10,161
8Toyota C-HR24%$6,692
9Subaru Crosstrek25%$7,214
10Toyota Corolla25%$5,800
11Ford Mustang25%$10,035
12Porsche 718
13Toyota Tundra25%$12,588
14Kia Rio 5-Door26%$5,006
15Porsche 911
16Honda HR-V26%$7,318
17Subaru Impreza
18Kia Rio26%$4,959
19Chevrolet Spark27%$4,784
20Toyota RAV427%$8,858
21Hyundai Accent27%$5,353
22Toyota 4Runner27%$13,147
23Chevrolet Corvette28%$22,712
24Nissan Kicks28%$6,560
25Subaru Impreza

Note: MSRP stands for Manufacturer Suggested Retail Price, the price recommended by a product’s producer to retailers. Furthermore, MSRPs from 2018 were inflation-adjusted to 2023 dollars.

The Toyota Tacoma, America’s fifth best-selling truck, comes in third, losing 20%.

The Jeep Wrangler (-21%) and the Honda Civic (-22%) round out the top five cars with the best resale value.

Two more sports cars (the Subaru BRZ and Chevrolet Camaro) feature in the top 10, indicating that these “fun” designer cars are valued for their status as well as functionality.

Aside from the sports category, Americans seem to rate Japanese automakers highly. Put together, Toyota, Subaru, Honda, and Nissan account for half of the cars with the best resale value.