When it comes to your car’s value, the last thing you want is to find out that it’s depreciated significantly. Luckily, this list will rank 10 cars that hold their value the longest. This list may not have been able to save you from a prior purchase, but after reading, you’ll have gained the insight needed for your next car, or someone else you know that’s a buying a car. Most cars will have a depreciation of 20% as soon as they roll off the showroom floor. It’s not surprising for a car to have a 50% depreciation rate, however, within the first five years.
Here are the 10 cars that will hold their value the longest, ranked.
10 2019 Porsche Macan
The Porsche Macan is a sport-sized crossover SUV, Porsche’s best-selling vehicle and, it retails for around $51,000. After 5 years, the depreciation rate is at 50% which means this car’s resale value would be just over $25,000.
Since most cars depreciate by more than 50% at 5 years, the Macan is already worth more than most cars with regards to depreciation value. Even though Porsche is known for expensive sports cars, a sporty and tech-savvy SUV that holds its value well is nothing to bat an eye at.
9 2019 Ford F-150
The Ford F-150 has been one of the best selling trucks of all time, and best selling for the past 5 consecutive years. In 2019, the Ford F-150 retails from $36,300-$72,000.
The higher end of these trucks are the trim levels with every bell and whistle you can think of. The F-150 is made of military-grade aluminum and has a 10-speed transmission, which can be paired to various sizes of engines and different trim levels, hence the wide price range. After 5 years, the depreciation value of the F-150 is 49.4%.
8 2019 Chevy Colorado
The Chevy Colorado is a mid-sized pickup that came to after the S10 went out of production. The Colorado (and its GMC Canyon counterpart) come with a few different variations, as far as accessories and engine sizes go, even offering a diesel engine and off-road package and best-in-class towing. The 2019 Colorado retails for around $27,000-$43,000, and the 5-year depreciation rate is 49.1%.
This mid-sized truck has had one of the most consistent resale value since it’s been in production.
7 2019 Honda Ridgeline
The Honda Ridgeline is an all-purpose, mid-sized truck that saw a brief halt in production from 2014-2017. This second-gen truck is pretty unique, with an all-wheel-drive transmission and independent rear suspension. It’s more like an SUV with truck capabilities than a truck itself.
The Honda Ridgeline retails for around $30,000-$45,000. After 5 years, this vehicle has a resale value of 51.3 percent, meaning that the ridgeline has depreciated for less than half its retail value in 5 years.
6 2019 Chevy Silverado
The Silverado retails for $36,100-$58,100. After 5 years, this truck depreciates by 46.3%. This means, that after 5 years you can expect to get around 53.7% resale value for your Silverado.
5 2019 Toyota 4Runner
It should come at no surprise that this rugged SUV make the list. The Toyota 4Runner has, for decades, been the go-to vehicle for military divisions and other groups that put these vehicles through the toughest of conditions.
The 4Runner comes at different trim levels and a multitude of amenities, such as various off-road and TRD packages. This rugged SUV retails from $36,000-$48,000. After 5 years, the resale value is 56.3%, so the 4Runner hasn’t even depreciated by half of what it’s worth. That’s quite an ROI, for purchasing a 4Runner.
4 2019 GMC Sierra
The GMC Sierra is a full-sized truck with many similarities of the Chevy Silverado. This truck comes with a vast amount of features, impressive towing and stowing, and various options for engines and off-road, and other performance packages.
The Sierra retails from $37,400-$60,000 and has a 5-year resale value of 56.7%. This means that within 5 years, this truck only depreciates by a mere 43.3%. That is quite astounding when you think about it.
3 2019 Toyota Tundra
For a vehicle to only have been in production for less than 2 decades, the Tundra has surpassed many expectations, and as a full-sized truck, it gives the well-known American brands a run for their money. The retail on the Tundra starts for around $37,000 and goes up to around $52,000 fully decked out.
The 5-year resale value of the Tundra is 56.9% which leaves a depreciation of 43.1%. For a full-sized truck, that’s quite the value.
2 2019 Jeep Wrangler
A vehicle unlike any other in its class: the Jeep. The original Jeep. The Wrangler. The Wrangler has been drawing crowds since 1986, and even before it was known as the Wrangler, as it was used in a military way before civilians got their hands on them.
With a starting price of roughly $29,500 and costing upwards of $40,000, the Wrangler has quite the list of options that take it from an everyday road-goer to an off-road warrior that it’s so commonly known as. After 5 years the depreciation rate of the jeep is 41.7% which means this bad boy has a resale value of 68.3%. Talk about putting some money back in your pocket.
1 2019 Toyota Tacoma
The Toyota Tacoma has come in at number 3 and number 1 on this list, and that is quite impressive. This certainly gives its competitors a run for their money. The Tacoma is a midsized truck, so it belongs in the same category at Colorado and the new Ranger, which there aren’t many statistics on just yet since it’s just now coming back into production for the US. The Tacoma has a price tag of $27,600-$46,600 and just like its competitors it has plenty of options and packages for any enthusiast.
Interestingly enough, the Tacoma has come in at #1 for 5 years in a row as the vehicle with the highest resale value. You can expect a 5-year depreciation of 37.8%, so you can expect to see a resale of 62.2% which is unbelievable and also explains why the Toyotas are so highly-rated. The reliability and re-saleability are pretty unreal.