One buys a car to get from point A to point B, but for many, this can be an expensive affair. Further, those looking to achieve financial freedom should try to spend as little as possible on cars. So, one can get a vehicle with an excellent resale value so that if they sell it years later, they get a good price. One can find various cars with great resale values catering to different needs.
Cars with the best resale values
Kelley Blue Book, a trusted resource for vehicle valuation, releases an annual list of the best vehicles of the year and their 5-year resale value—the percentage of the original value or the sale price after 5 years of use. Typically, it comprises select models ranging from mainstream to luxury brands. Some of the top models are:
Subaru Crosstrek
Extremely versatile, the Subaru CrossTrek is a crossover subcompact SUV that can be used for many purposes, ranging from everyday commutes to towing heavy loads. The automobile’s starting price is $22,645, with a 5-year resale value of 52.3%.
Kia Telluride
This midsize SUV comes with a rugged exterior and contrastingly luxurious interiors. In addition to a plethora of safety features, this automobile has a resilient infotainment system and ventilated rear seats at a budget-friendly price. With a starting price of $33,090, it has a 5-year resale value of 51.9%.
GMC Yukon
One of the most popular full-size SUVs, the GMC Yukon is an all-terrain vehicle equipped with a 10-speed automatic transmission and either a front-wheel or all-wheel drive system. With a starting price of $52,100, it has a 5-year resale value of 47.2%
Honda Civic
An incredibly popular option for compact car enthusiasts, the Honda Civic is a front-wheel drive going from 0 to 60 mph in 7.6 seconds. It comes with a standard 7.0-inch touchscreen effortlessly paired with both Apple CarPlay and Android Auto. The starting price of this automobile is $22,350, with a 5-year resale value of 49.8%.
Toyota Tacoma
An incredibly reliable vehicle, the Toyota Tacoma is a midsized pickup truck with flexible suspension ideal for offroading purposes. Further, the automobile can haul up to 6,500 pounds. The vehicle carries an incredible 5-year resale value of 61.7%, with a starting price of $26,700.
