Vehicle Value
halbergman/istockphoto

Cars, Trucks, and SUVs With the Best Resale Value

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Vehicle Value
halbergman/istockphoto

Vehicle Value

Despite the attention paid to things like fuel economy and reliability, depreciation can gobble up as many auto-budget dollars as gas, repairs, and maintenance. The good news is, some vehicles are known to retain 40%, 50%, and even 60% or more of their original value when it comes time to sell. Using the results of the Kelley Blue Book (KBB) 2020 Best Resale Awards, Cheapism profiled the two dozen vehicles that hold their value after five years better than any other car, truck, or SUV in their segments. A few categories are dominated by famously reliable brands like Subaru and Toyota, while predictable names like Porsche and Lexus tend to clean up in the luxury categories — but there are plenty of surprises.

Related: 20 Reliable Cars You Can Drive Into the Ground

2020 Subaru Impreza
Subaru of America, Inc.

Compact Car: Subaru Impreza

Estimated resale value: 42.7%
Starts at: $18,795
The Subaru Impreza claimed the top spot in the compact car category for an impressive five straight years before the beloved Honda Civic finally knocked it off its perch. Now, the Impreza is back on top again for the sixth time in seven years. The least expensive all-wheel-drive car you can buy, “the Impreza’s unbeatable combination of safety, reliability, capability and affordability is hard to pass up,” according to KBB.

Related: Most Popular Car in Every State

Best Mid-Size Car: Subaru Legacy
Subaru of America, Inc.

Midsize Car: Subaru Legacy

Estimated resale value: 37.9%
Starts at: $22,745
Even in the hyper-crowded, hyper-competitive midsize space, which is dominated by the venerable Toyota Camry and Honda Accord, the Subaru Legacy reigns supreme in terms of resale value. That’s largely because, well, it’s a Subaru. The brand has a well-earned rep for reliability, and like every Subaru, the Legacy comes with standard all-wheel drive. Its second straight year at the top of the category, the Legacy now has the same chassis as the iconic Outback, which means it’s even sturdier than before, and its infotainment system is among the best in its class.

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2021 Toyota Avalon
Toyota Motor Sales, U.S.A., Inc.

Full-Size Car: Toyota Avalon

Estimated resale value: 35.1%
Starts at: $35,875
A bigger, cushier, roomier Camry, the Toyota Avalon exists at the intersection of comfort and reliability. There are several packages, but even the entry-level option is luxurious for its class, “while top-line trims with features like quilted leather paneling could pass for a vehicle by Toyota’s luxury brand, Lexus,” according to KBB.

Related: 19 Most Trusted Toyotas of All Time

2020 Lexus ES
Toyota Motor Sales, U.S.A., Inc.

Entry-Level Luxury Car: Lexus ES

Estimated resale value: 37.9%
Starts at: $39,900
A runner-up in its category in 2019, the Lexus ES takes top-billing among starter luxury cars. The Lexus Safety System+ suite of features comes standard on every ES package, and there are plenty to choose from, including a 300-plus horsepower V6 and hybrid option. In the end, the “primary objective of a luxury sedan is to afford passengers a roomy, comfortable, quiet, and luxurious cabin and ride,” according to KBB. “The Lexus ES achieves each of those goals, almost effortlessly.”

Related: Luxury Cars Under $50K That Are Totally Worth Owning

2019 Lexus GS
Toyota Motor Sales, U.S.A., Inc.

Luxury Car: Lexus GS

Estimated resale value: 31.2%
Starts at: $51,065
The designers of the ultra-luxurious interior of the Lexus GS spared no expense in terms of comfort and elegance. Even so, the full-size luxury car was by no means a lock for the top spot in terms of resale value — the GS, after all, is in direct competition with the BMW 5 Series and Mercedes-Benz E-Class. Reliable and powerful — the V6 option boasts 311 horsepower and the V8 roars with 467 — the GS, like all Lexus models, comes standard with the Lexus Safety System+.

Check the resale value of your vehicle using the online appraisal tool at Edmunds.com.

Porsche Panamera Turbo S E-Hybrid Sport Turismo
Porsche Cars North America, Inc.

High-End Luxury Car: Porsche Panamera

Estimated resale value: 35.0%
Starts at: $87,200
There’s luxury and then there’s luxury — and with premium packages creeping up toward $200,000, the Porsche Panamera is definitely a get-what-you-pay-for type of vehicle. There are 21 available variations and each one is highly customizable on its own. An impressive blend of Porsche tradition and Porsche innovation, the Panamera clings to more than one-third of its value, a feat most luxury automakers can only envy.

Related: 23 Places to Get Behind the Wheel of a Sports Car You Can't Afford

2021 Chevrolet Corvette Stingray Coupe and Convertible
2021 Chevrolet Corvette Stingray Coupe and Convertible by General Motors (CC BY-SA)

Sports Car: Chevrolet Corvette

Estimated resale value: 54.9%
Starts at: $58,900
Corvette enthusiasts held their breath for the arrival of the C8, and when the mid-engine monster finally arrived, ’Vette lovers got what KBB calls “an American supercar with world-class performance and a starting price below $60,000.” That’s barely a noticeable price increase from the previous Stingray, despite the fact that the redesign came with major upgrades in terms of both substance and style. That, combined with the C8’s sub-three-second 0-60 time, helps the current Corvette guard more than half its original value.

Related: 14 Things You Didn't Know About the Chevrolet Corvette

2020 Toyota Prius Prime
Toyota Motor Sales, U.S.A., Inc.

Hybrid: Toyota Prius Prime

Estimated resale value: 40.3%
Starts at: $28,220
Toyota locked up all three of the top spots on KBB’s best-in-class resale value list for hybrids — the No. 2 and No. 3 positions went to the Corolla Hybrid and Prius. The Prius Prime holds its value so well largely because of how strongly it performs in the categories that hybrid drivers care about most. Namely, its range extends to a whopping 640 miles with both a full charge and a full tank of gas.

Related: Best-Selling Electric Cars in America

Tesla Model X 75D
Tesla Model X 75D by Pål-Kristian Hamre (CC BY-SA)

Electric Vehicle: Tesla Model X

Estimated resale value: 44%
Starts at: $74,690
In terms of resale value, the only competition for the Model X — Tesla’s fully electric SUV that seats up to seven — came from other Teslas. Like all Teslas, the Model X is on its way to actually becoming an appreciating asset thanks to perpetual software updates to its self-driving system. Aside from that, there’s its five-star safety rating, 5,000-pound towing capacity, up to 328-mile range, futuristic tech, rear and front trunks, and, of course, its undeniably awesome gullwing doors.

Related: 11 Surprising Things That Tesla Makes That Aren't Electric Cars

2021 Subaru Crosstrek
Subaru of America, Inc.

Subcompact SUV: Subaru Crosstrek

Estimated resale value: 50.4%
Starts at: $22,245
Part of the reason that used-car buyers are willing to pay top-dollar for Subarus is that because there simply aren’t many of them on the market — their original owners tend to hold onto them as long as they can. A beefier version of the Impreza, the Subaru Crosstrek offers better resale value than any other subcompact by a mile, thanks largely to its ability to seamlessly switch from commuter vehicle to off-road adventure car, as well as its many options, and, of course, the reliability that is inherent to the Subaru brand.

Related: 22 Least Expensive SUVs to Own

2020 Subaru Forester
Subaru of America, Inc.

Compact SUV: Subaru Forester

Estimated resale value: 45.5%
Starts at: $24,795
The Subaru Forester beat out heavy-hitters like the Honda CR-V and the Toyota RAV4 to earn tops in the compact SUV category. Like all Subarus, the two-row vehicle boasts standard all-wheel drive. Its high ground clearance makes the crossover truly capable off the road and its impressive EyeSight Driver Assist package can take some of the stress out of highway driving.

Related: 18 Popular Cars for Drivers Over 50

2020 Subaru Outback
Subaru of America, Inc.

Midsize SUV — 2-Row: Subaru Outback

Estimated resale value: 43.4%
Starts at: $26,795
Rounding out the smaller SUV segment is a Subaru, once again, this time with the flagship Outback which is no stranger to the top spot on KBB’s resale value rankings. New as of 2020, the Outback now boasts a more powerful engine than previous models, top-of-the-line safety and driver-assist features, and a cool spread of tech. It also stands out for its off-road specific drive mode and improved ground clearance, which make it a truly capable vehicle both on the highway and the trails.

2020 Toyota Highlander
Toyota Motor Sales, U.S.A., Inc.

Midsize SUV — 3-Row: Toyota Highlander

Estimated resale value: 45%
Starts at: $34,810
The Toyota Highlander has been a favorite in the three-row midsize SUV market for years, and in 2020, it got more tech, more safety features, more size, and more room, particularly in the often-neglected third row. They’re known to age well and stay out of the shop, which gives them good resale value year after year.

Related: 30 'Foreign' Cars That Are Made in America

2021 GMC Yukon
2021 GMC Yukon by General Motors (CC BY-SA)

Full-Size SUV: GMC Yukon

Estimated resale value: 40.2%
Starts at: $50,700
Big, rugged, and comfortable, the GMC Yukon comes with the driver’s choice between two powerful V8 engines. It can comfortably seat as many as nine people, and those people benefit from a nice menu of entertainment and connectivity features. The reliable Yukon holds its value well, thanks to its durability and simplicity, beating out both the Toyota Sequoia and the Ford Expedition Max.

Related: 50 of the Biggest Cars Ever Made

2020 Volvo XC40
Volvo Car Corporation

Luxury Subcompact SUV: Volvo XC40

Estimated resale value: 34.6%
Starts at: $33,700
The name Volvo has been synonymous with safety for generations, but the Volvo XC40 is a new face in the entry-level luxury SUV class — and it’s already made quite an impression. Not only does it hold its value better than all the rest, but its semi-autonomous driving system is among the best in its class, as is its cargo space and its turbocharged four-cylinder engine offerings.

2020 Porsche Macan
Porsche Cars North America, Inc.

Luxury Compact SUV: Porsche Macan

Estimated resale value: 40.5%
Starts at: $52,100
Just like it has every year since 2016, the Porsche Macan owns the luxury compact segment. It also happens to be the iconic brand’s best-selling vehicle with no close second. With 248 to 434 horses, it’s got plenty of Porsche power, but the vehicle that KBB calls “more of a tall sports car” than an SUV is also an excellent value. All of that makes for a depreciation rate that’s surprisingly good, even for the German performance automaker, whose vehicles are known for retaining their value over time.

2017 Porsche Cayenne
Porsche Cars North America, Inc.

Luxury Midsize SUV, 2-Row: Porsche Cayenne

Estimated resale value: 35.7%
Starts at: $67,500
The first four-door Porsche ever built and the brand’s first off-road-capable vehicle since it first flirted with the concept in the 1950s, the Cayenne has now proven itself for nearly two decades. A dozen models pepper the Cayenne lineup, including coupe, turbo, and e-hybrid options. They all dazzle with comfort, luxury, and tech, and like Porsches in general, the Cayenne is a master at holding onto its value.

2021 Lexus GX
Toyota Motor Sales, U.S.A., Inc.

Luxury Midsize SUV, 3-Row: Lexus GX

Estimated resale value: 37.9%
Starts at: $53,100
Just as with the luxury car category, the luxury SUV segment largely pits Porsche against Lexus — at least in terms of resale value. The Lexus GX is back at the top of the three-row midsize SUV segment — it won top-billing last year, as well, thanks in part to its rugged, truck-like design. Much of its resale magic, however, can be traced to its exceptional up-front value: It’s much cheaper than many of its rivals in the segment.

2020 Lexus LX
Toyota Motor Sales, U.S.A., Inc.

Luxury Full-Size SUV: Lexus LX

Estimated resale value: 43.0%
Starts at: $86,580
Like the smaller GX, the Lexus LX is now a two-time consecutive defending champion in terms of resale value and like its little brothers in the luxury car segment, it had to fend off stiff competition from Mercedes-Benz and Lincoln to earn the title. Its powerful, 383-horsepower engine contributes to its long life, as does the fact that many of its key components are borrowed from the vaunted Land Cruiser.

Related: These Cars Are the Most Likely to Surpass 200,000 Miles

2020 Jeep Wrangler
FCA US LLC.

Off-Road SUV: Jeep Wrangler 4-Door

Estimated resale value: 57.6%
Starts at: $31,795
If you own one, you love it. If you don’t, it’s likely that you secretly want one. It’s the Jeep Wrangler, the off-road SUV with World War II roots that started it all. The four-door does everything the two-door does but with more room for people and things. The Wrangler’s off-road capabilities are well-documented, as is the fact that Jeep has made its most famous vehicle far more cozy for regular old highway travel in recent years. What’s less celebrated, however, is its astonishing resale value, which blows away everything on the road that isn’t a pickup truck.

Related: 24 Timeless Jeeps Everybody Still Loves

2020 Toyota Tacoma
Toyota Motor Sales, U.S.A., Inc.

Midsize Pickup Truck: Toyota Tacoma

Estimated resale value: 60.6%
Starts at: $26,150
Pickups hold their value better than any other category of vehicle, and the Toyota Tacoma beats every other competitor on this list across all sizes, makes, models, categories, and segments. 2020 is the Tacoma’s sixth consecutive year at the top of the list. Depending where on the mostly-on-road to mostly-off-road spectrum you land, there are 30 different trim packages to choose from for a truck that has earned its reputation for being tough and reliable.

Related: 32 Most Reliable Trucks of All Time

2020 Toyota Tundra
Toyota Motor Sales, U.S.A., Inc.

Full-Size Pickup Truck: Toyota Tundra

Estimated resale value: 57.2%
Starts at: $33,675
Toyota takes two out of three spots among trucks, this time in the full-size pickup segment with the Toyota Tundra. It holds its value as well as it does because it’s both functional — 10,000-plus pounds of towing — and designed with road-trip comfort in mind, particularly with the cushier trim packages.

2020 Chevrolet Silverado
2020 Chevrolet Silverado by General Motors (CC BY-SA)

Full-Size Pickup Truck — Heavy Duty: Chevrolet Silverado HD

Estimated resale value: 60.1%
Starts at: $34,700
Built for both heavy work and heavy hauling during playtime, the three-quarter and one-ton Chevy Silverado HD models offer best-in-class towing and V8 diesel or gas engine options. Although they’re powerhouses in terms of torque and horsepower, they, like the Tundra, offer comfortable rides, lots of room, and a full menu of tech features.

Related: 33 Greatest American Trucks of All Time

2021 Honda Odyssey
American Honda Motor Co., Inc

Minivan: Honda Odyssey

Estimated resale value: 39.4%
Starts at: $31,790
Not only did the Honda Odyssey beat out both the Toyota Sienna and the Kia Sedona for tops in the minivan category, but KBB graced it with its Minivan Best Buy Award five times over the last six years. KBB states, “Simply put, this Honda van shines in all areas,” before going on to gush about its passenger space, interior configuration, Magic Slide seats, and safety offerings.

Related: The 16 Best, Worst, and Weirdest Minivans of All Time