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Used Cars That Hold Their Value

Used Cars That Hold Their Value

Depending on who you talk to, purchasing a used vehicle is typically considered a divestment. Generally, used cars are not a type of asset that grows in value unless, of course, you’re talking about a rare sports model or an American classic. Despite this, some used car buyers will try to get the most bang for their buck by purchasing a used car that holds its value well compared to other models. A new study published by ISeeCars.com gives drivers a comprehensive look at used cars that do a great job holding their value well. Let’s take a closer look at these models, so you can narrow down the perfect fit for your lifestyle, used car resale value, and budget.

Jeep Wrangler and Jeep Wrangler Unlimited

Coming in at the top of the list was the Jeep Wrangler. Following second was the Jeep Wrangler Unlimited. According to the study, the Jeep Wrangler and the Jeep Wrangler Unlimited depreciated by 7.3% and 8.7%, respectively, over the last 5 years.

Jeep Wranglers are notorious for holding their value well because of their unique capabilities. Their rugged body style, versatility, and undisputed power allow drivers of all backgrounds to enjoy this one-of-a-kind SUV.

Porsche 911

Get sporty in a luxurious Porsche 911 and enjoy an impressive coupe that’s able to hold its value well. According to the study, The Porsche 911 came in third on the list of vehicles with strong resale value. The Porsche 911 displayed a depreciation rate of 14.6% over the past five years. A combination of factors has allowed the Porsche 911 to maintain its value. Scarcity, impressive performance, and modern features, even in model years of the early 2000s, have helped propel this model’s popularity.

Toyota Tacoma

According to ISeeCars.com, the Toyota Tacoma is the leading pickup able to hold its value well over a five-year period. Falling just behind the Porsche 911, the Tacoma has a depreciation rate of 14.9%.

Toyota has built itself a reputation for producing quality vehicles that generally hold their value well, no matter the model you’re looking at. It’s estimated that the Toyota Tacoma is able to hold up to 60.6% of its value, making it a great purchase for drivers wanting a dependable used pickup. Propelling this high resale value is the Toyota Tacoma’s great utility, comfortable cabin features, and overall dependability.

Honda Civic

You can’t consider used cars that hold their value well without including Honda on the list. As with its rival Toyota, Honda has done a phenomenal job creating vehicles that hold their value well. The Honda Civic is a testament to that.

According to ISeeCars.com, the Honda Civic ranks in fifth place as a vehicle that holds its value well over a five-year period. Depreciation rates for the Civic hover at 16.3%. Ask any Civic owner, and they’ll tell you this high resale value is thanks to the Civi’s practical design, comfortable cabin, and undeniable dependability.

 

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