Wouldn’t it be nice if vehicles appreciated, like real estate?
Instead, transportation is a big expense for anyone. With so many options, choosing the best car for your stage of life means a headache and a half. You don’t want to throw money away on an unreliable purchase.
If you’re trying to channel some of your grandparents’ wisdom and make the right car choice, check out our ultimate list of vehicles that hold their value.
While a Wrangler isn’t the luxury car you’ve always dreamed of owning, it’s sporty and fun. And the most important thing is it keeps its resale value.
There are enough Jeep enthusiasts and off-roading clubs that #Jeeplife keeps your vehicle in business. In fact, you might start there when you’re ready to sell. You never know who’s in the market for their next mudding vehicle.
2. Toyota Trucks
You might expect most Japanese vehicles to top the list of value-holders, but at the tippy top? The trucks dominate. Both the Toyota Tacoma and the Tundra depreciate less than other vehicles.
Whether you need title loans to help afford these or not, they are a great choice when it comes to getting more for your money. And if you have any hauling or moving to do, a pickup can hold a lot more than a sedan.
3. Chrysler Pacifica
If you’re considering a minivan instead of an SUV, this would be a good way to get your money’s worth. Having a family is expensive, and you could get more of those precious dollars back when you’re ready for another vehicle with the Pacifica.
This particular minivan wins the prize for look and feel, extra features and technological amenities, and spacious seating or cargo room. No wonder everyone’s willing to pay for a used one.
4. Other Pickups
You may spend more at the outset for a truck over a sedan, but the Chevy Silverado, GMC Sierra, and RAM 1500 all hold value more than most cars. Besides for towing capacity, many trucks also have room for families now.
Don’t discount the potential in a pickup before you consider all the options. Test drive one and compare it to the other vehicles in the running. It may surprise you how much you love this vehicle.
5. Subaru Impreza
This brand has always hailed as reliable and hardy. The Impreza is a smaller vehicle, and it comes with All-Wheel Drive as a standard feature. You can get a sedan or a hatchback, and either will hold its value better than most vehicles until you’re ready to sell.
Other Vehicles That Hold Their Value
If none of those strike your fancy, here are a few close runner ups that you might like. These also hold their value, so when you’re ready for a change, you don’t lose too much in depreciation.
- Lexus LS500 F Sport
- Porsche Macan
- Toyota RAV4 and 4Runner
- Honda Ridgeline
Choosing your next vehicle can be a stressful decision. Take some of the chaos out by narrowing it down to the ones that you’ll get the most back for the next time you need a new vehicle.
A Good Investment
Looking at vehicles that hold their value helps narrow down your search for your next car. Larger vehicles, while not everyone’s immediate first choice, are some of the top value-holders and they’re worth your attention.
For more car tips, like getting a good deal when you trade in, read more of our blog.