- Automotive research firm iSeeCars.com has compiled a list of the 10 car brands that have the best resale value.
- Toyota tops the list with a resale average 7.3% better than the national.
- Visit Business Insider’s homepage for more stories.
The automotive research firm iSeeCars.com has compiled a list of the 10 automakers that produce cars with the best resale values.
Toyota leads the list with cars that depreciate only 42.3% on average after five years of ownership. This is lower than the overall average of 49.6%.
“Toyota vehicles hold their value across all vehicle segments thanks to the brand’s reputation for reliability,” said Ly.
Of the 10 cars on the list, two – Dodge and Mitsubishi – fall above the average depreciation for all cars makes at 51.4% and 51.8%. However, these are still higher than the automakers that depreciate the most, including Buick at an average of 60.1% and Maserati at an average of 66.4%.
Dodge and Mitsubishi were included on the list because they are still among the top 10 lowest-depreciating brands in the overall rankings when compared to other automakers, according to Julia Blackley, the author of the study.
For the study, iSeeCars.com analyzed the prices of over 6.9 million new cars for the study from the 2014 model year also sold that year. These prices were compared to more than 800,000 used cars from the same model year sold between January to October 2019. The “used” prices were adjusted 7.9% for inflation.
Keep scrolling to see the other list of car brands that produce low-depreciating vehicles:
10. Mitsubishi: 51.8%
9. Dodge: 51.4%
8. GMC: 48.8%
7. Chevrolet: 48.4%
6. Subaru: 47.5%
5. Porsche: 47.2%
- Uli Deck/picture alliance via Getty Images
4. Honda: 46.6%
3. Jeep: 46.3%
2. Ram: 45.2%
1. Toyota: 42.3%