Due to the pandemic, cars weren’t manufactured as speedily as they used to be, and older cars are much more valuable. The typical car would lose around half its value five years before the epidemic. The average five-year depreciation rate is 38.8%, with electric vehicles experiencing the most significant loss of value—roughly half.
Honda Ridgeline
The Ridgeline is a favorite choice in the mid-size truck segment. With 60.7% remaining after 36 months and 46.7% after 60 months (a considerable amount for a truck), it performs admirably regarding value retention. Families love it because it is suitable for long commutes, and people who need a daily vehicle also swear by it.
Toyota Tacoma
Those who seek a reliable, rugged, yet comfortable vehicle for daily use have long favored the Tacoma. Not only does it have a stellar reputation for dependability, but it also only loses 10.4% of its value in the first year. Furthermore, according to Kelley Blue Book, the truck keeps 69.6% of its value after 36 months and 61.1% after 60 months. The fact that every new Tacoma has a GoPro mount on the inside of the windshield makes it even better. With that capability, recording footage of someone getting stuck in the mud is simpler than ever.
Nissan Frontier
Shockingly, Nissan hasn’t significantly updated this truck since 2004, which makes it seem dated. However, as they say, don’t change what ain’t broke. Many owners complimented the Frontier’s dependability and toughness so that Nissan could do something right. Consequently, this vehicle’s value decreases in the first year by just 13.3%. Feel free to indulge a bit.
Jeep Wrangler
While Wrangler has exceptional value retention, it isn’t inexpensive. This well-known off-road vehicle only depreciates by 8.9% in its first year of ownership. The Wrangler retains 62% of the initial value after 36 months and 51% after 60 months. The distinctive styling and unique open-air characteristics of the Jeep Wrangler are only two of the many things that people adore about it.
Honda Pilot
The Pilot boasts a comfortable three-row seating configuration, offering ample space for passengers and cargo. This makes it an excellent choice for families or those who frequently transport passengers. One further incentive to consider this SUV is that it only loses 13.7% of its value in the first year of ownership. This is one of the best SUVs released by Honda to date.
Toyota 4Runner
The Toyota 4Runner is challenging and an excellent option if you love the great outdoors. It consistently ranks high in dependability surveys and is known for lasting for hundreds of thousands of miles with proper maintenance. This translates to low ownership costs and peace of mind for drivers. The first year’s value declines by only 12.7%; it retains 65.8% of its initial value after three years and 54.2% after five.
Chevrolet Colorado
The Colorado is far less expensive than the Silverado and meets many owners’ daily needs. Only 13.7% of this pickup’s value is lost after a year. Colorado has several configurations, including extended and crew cab options and short or long bed lengths. Colorado has you covered whether you prioritize passenger space, cargo capacity, or a balance of both. This has to be one of the most overlooked cars on the list.
Subaru WRX
Finding a one-year-old WRX can take a lot of work. The performance sedan loses 14.2% of its worth in the first year, so you could buy a new model from the lot of your neighborhood dealer without worrying about the price difference. Three years later, the automobile is still worth 57.8% of what it was. It retains on to 46.2%after five years, which is remarkable. The HR-V is a subcompact SUV, ideal for tight city streets and parking in crowded areas. Its maneuverability is a significant plus for urban driving.
Honda HR-V
The little HR-V is the crossover that can hold onto its worth the most. It only loses 13.8% of its initial value in the first year, which implies that you won’t lose a lot of money if you decide to trade in this car for something bigger. Selling your HR-V won’t cost you a fortune, and those Magic Seats let you fit a surfboard in the crossover, just in case.
Toyota Tundra
Yes, one more Toyota truck on this list. A full-size vehicle that is frequently disregarded while discussing the power of the Silverado, Ram 1500, F-150, etc., is the Tundra. The Tundra retains 64.7% of its initial value after three years and 54.2% after five. Indeed, if your neighbor’s space shuttle breaks down again, this truck will tow it—the best-in-class Truck for its price.
Jeep Renegade
Although purchasing a Renegade, another small SUV, can be a wise financial decision, Wrangler owners may make fun of it a lot. It loses only 14.1% of its value in the first year, which is remarkable. Despite what the Wrangler mob claims, one of these cars is supposedly capable of off-roading. Seeing one slide right over a beautiful island at the mall was quite the sight. Subcompacts make a rare entry in these lists, but here’s one.
Chevrolet Silverado
Is it possible to purchase a full-size truck that isn’t a Toyota without worrying about its worth melting to the level of a candy bar left on the dashboard? Say hello to the Silverado. The Chevrolet Silverado is a smart choice for drivers who need a powerful truck for towing, hauling, or off-roading. It offers a variety of configurations, features, and technology to suit different needs. It retains 57.6% of its value after three years and 50.4% after five.
GMC Sierra
The 2024 GMC Sierra 1500 is a light-duty pickup vehicle with a blend of performance, technology, and usefulness. If you require a full-size truck, this one is a good buy. It keeps 51.9% of its value after 60 months and 58.4% at 36 months, so it has great resale value. In this instance, badge engineering is cost-effective. It helps that the Sierra is among the most fuel-efficient vehicles produced in the last ten years.
Ford F-150
The F-150 is very popular in America and frequently sells the most units. It has a reputation for reliability and is practical, cozy, and packed with features. The F-150 is a true workhorse, with great towing capacities that can handle heavy trailers, boats, or equipment. You can also haul significant cargo in the truck bed. Because it has a high production volume and a wide range of trims and options, it’s easy to find an F-150 that suits your needs and budget. It’s a little surprising that the F-150 consistently ranks high in customer satisfaction surveys. All of this adds up to the truck’s maintaining 58.7% of its value after three years and 49.6% after five.
15 Most Reliable Cars Ever Made — Why They Never Quit
Some claim that the dependability of autos has decreased. Modern cars have a shorter lifespan than some cars manufactured between the 1970s and the 1990s, but some new and used cars today are good enough to last for at least ten years and up to 500,000 miles. When these vehicles break down, most problems are relatively simple, and many don’t have serious difficulties. Here are 15 of the most reliable cars ever made:
15 Most Reliable Cars Ever Made — Why They Never Quit