Which car depreciates the slowest?
- Thread starter George The Curious
- Start date
Kelly Blue Book says the slowest depreciating vehicles are:
#1 - Toyota Tacoma pickup truck
#2 - Jeep Wrangler
#3 - Toyota Tundra pickup truck
#4 - Chevy Colorado pickup truck
#5 - GMC Canyon pickup truck
#6 - GMC Sierra pickup truck
#7 - Chevy Silvarado pickup truck
#8 - Toyota 4runner
#9 - Ford F150 pickup truck
#10 - Honda CR-V
The only actual cars on that list are the CR-V and the Wrangler. The 4Runner is really just a Tacoma with a roof, and arguably a Wrangler is a sort of mini pickup truck. Which leaves the CR-V as the only thing resembling a family car.
So, if you want resale value, avoid the sexy looking sportscars and buy a pickup truck. They are practical, arguably look BETTER when they get dirty and a little beat up, and you can hand the damned things down to your grandkids as family heirlooms -- that is how long they last.
As far as best brands across the board, #1 - Subaru, #2 - Lexus. Again, according to Kelley.
If you're looking for a luxury crossover SUV, I would vote for Lexus RX, Acura MDX, Mercedes ML or Audi Q5. Not sure about the market demand for X6 when it is 6+ years old.
The Jeep Wrangler is the anomaly of the automotive world. Gets panned ever year by Consumer Reports yet is CONSISTENTLY in the top for resale value. If you want a sure bet on a car that will absolutely hold it's value, then that would be the one. The X6? Nobody wants them. Just my 2 cents 
As others have said, other very good resale value cars are honda and toyota, you pay more up front, but get more at the end. Don't discount cheap and new either, Hyundai and Kia don't have great resale values, but up front their cost is lower and if you average it over years you get great value and longer warranties, both these cars make GREAT used car purchases because they so cheap to purchase used and have a LOT of warranty left.
As others have said, other very good resale value cars are honda and toyota, you pay more up front, but get more at the end. Don't discount cheap and new either, Hyundai and Kia don't have great resale values, but up front their cost is lower and if you average it over years you get great value and longer warranties, both these cars make GREAT used car purchases because they so cheap to purchase used and have a LOT of warranty left.This one, the 1962 Ferrari GTO Berlinetta, original price tag $18,000. One just recently sold for $38 million.
I will not consider Jeep Wrangler as it is extremely unsafe in crash tests.The Jeep Wrangler is the anomaly of the automotive world. Gets panned ever year by Consumer Reports yet is CONSISTENTLY in the top for resale value. If you want a sure bet on a car that will absolutely hold it's value, then that would be the one. The X6? Nobody wants them. Just my 2 cents
Safety comes first, then resale value.
Yup. A couple of dozen car sites will tell you the exact same thing. This one is Forbes
Among mainstream makes, Toyota/Lexus tops the ALG list with five separate segment leaders, while ALG predicts Land Rover’s upscale SUVs will afford the highest average resale values among luxury automakers. “With some models like the Range Rover Sport, we’re seeing vehicles on the dealer lot for just 13 days on average – far below the industry’s 65-day average,” Dominique says. “Some Land Rover models are in such high demand that they’re selling above list price, which is a remarkable achievement.”
Depends how you define safety. CR also hates it because it is uncomfortable to ride in and has next to no storage space, so it is very impractical.
They don't make much sense in Ontario in my opinion. But in mountainous regions of BC/Alberta or Quebec where you can find yourself in unbelievably nasty weather on an unbelievably nasty and inherently dangerous twisty mountain road and there is no available cell network to call for help and you OnStar is out of signal range.... Maybe the fact that the wrangler can get you out of there alive when every other car gets stuck is a safety feature in and of itself.
Then again, a Tacoma or a 4runner would likely get you home too and unless it was a REALLY shitty drive, so would a Subaru, all of which are safer and more practical than a wrangler.
If you spent a weekend welding wheels to a bathtub, put in a junkyard motor from the 80s, and covered it with a tarp; it would offer approximately the same features and comfort as a Jeep Wrangler.
I owned 2 jeep wranglers before, I do not know what I was thinking buying another one after my experience with the first one. But the scariest thing is that I would not be against getting another one. There is something about Jeeps wranglers that defies all logic and reason.
The only good thing I can say about them is that the engine, atleast the V6, and the manual tranny is bullet proof, but in exchange you getting the power of a v4 with the fuel economy of a v8.
I owned 2 jeep wranglers before, I do not know what I was thinking buying another one after my experience with the first one. But the scariest thing is that I would not be against getting another one. There is something about Jeeps wranglers that defies all logic and reason.
The only good thing I can say about them is that the engine, atleast the V6, and the manual tranny is bullet proof, but in exchange you getting the power of a v4 with the fuel economy of a v8.
Yeah.
But a Tacoma can go pretty much the same places, will last longer, need fewer repairs, and can haul every single thing you own with it, including towing your wrangler on a trailer if you wanted to.
But I guess the wrangler looks cooler, plus you spent more on it, so it must be better, right?
I totally agree, if you do your research right, you are bound to find a good car at a good price.
Fuji - recent Wrangler Sahara's drive pretty well and are comfortable. And the roof comes out easily in several configurations making for very fun motoring. I have a 2014 Unlimited and it is not my daily driver however I live in a rural area and that thing will go through anything. Some mornings I awaken to three feet of snow in the laneway, running late I head to the office in the Jeep and it gets me outta' there without breaking a sweat. If I were ever to have a roadside problem, say a flat there would be ten Jeeps stopped to help, it's a Jeep "thing." Is it the best choice for a cross Canada tour? No. A good choice to get out of Dodge during the Zombie Apocalypse? Hell Ya!
The thread topic still holds though. If you buy a 1 year old Tacoma or a 1 year old Wrangler it will lose less of its value over the next three years than most other vehicles.
It is smart to avoid that hefty premium you pay for being the first to fart in the driver's seat, but after that trucks and highly reliable/popular cars depreciate less year over year.
Suppose you owned both a civic and a wrangler and you had to move to another province. You can drive the wrangler and tow the civic on hitch, or you can drive the civic and tow the wrangler. I know the former sounds more logical, but the short wheel base of the wrangler means that it's rated towing capacity is lower than that of a civic, so the better choice is to drive the civic and tow the wrangler.
F*cking wrangler, it sucks, but I still want another one.
F*cking wrangler, it sucks, but I still want another one.
If I had to define a law about these things, I would say that the faster you can safely drive a car, the slower it depreciates, percentage wise... Ferraris, Maseratis, Rolls Royces, Bentleys, Maybacks, etc.
In fact, many of these cars will appreciate... which, again, shows why money goes to money!
Perry
In fact, many of these cars will appreciate... which, again, shows why money goes to money!
Perry
The 4 door unlimited wranglers, at least since 2013, are no less comfortable than many other small SUVs and Japanese Cars. My wife traded in her Newer Escape plus our grocery getter Civic for a 2015 Sahara, and she absolutely loves it. Solid as a brick, all the creature comforts of any of the vehicles out there, and simply cool to drive. Gibberish about ride and discomfort issues simply tells me you haven't been in one for a few years. The only suv that's also a full convertible, while still towing my boat and my utility trailer... And just a blast to tool around in
For an out the door price of $45k she had her pick of tons of different cars.. But after a year of research... This is what she wanted... And it's a great set of wheels
For an out the door price of $45k she had her pick of tons of different cars.. But after a year of research... This is what she wanted... And it's a great set of wheels
A 4 door wrangler is not really a wrangler. The way you know if your wrangler is a real wrangler is when you drive by 2 door jeep wrangler and the driver gives you a salute or nod that all wrangler guys give each other each time wranglers pass each other going the opposite direction.
