When it comes to buying a new car, one of the most important factors to consider is its resale value. A car with a high resale value can significantly reduce the cost of ownership, making it a smart investment. In 2024, certain cars stand out for their ability to retain value over time, thanks to their reliability, popularity, and strong brand reputation. Whether you’re looking for a compact sedan, a rugged SUV, or a versatile crossover, there are options available that promise to hold their value well.
In this guide, we’ll explore the top 10 cars with the best resale value in 2024. These vehicles have been carefully selected based on their depreciation rates, market demand, and performance. From Japanese automakers like Toyota and Honda to American brands like Jeep, these cars offer a combination of quality, durability, and desirability that ensures they remain valuable even after several years of ownership.
1. Toyota Tacoma
The Toyota Tacoma is a standout in the midsize truck segment, known for its durability and off-road prowess. Its strong resale value is attributed to its reliability, low maintenance costs, and high demand in the used car market. The 2024 model continues this tradition with robust engine options, advanced off-road capabilities, and a well-built interior. The Tacoma offers a choice of two engines: a 2.7-liter four-cylinder and a more powerful 3.5-liter V6. The latter is especially popular for its impressive towing capacity and performance.
One of the key features of Tacoma is its rugged design and build quality, which makes it a favorite among adventure enthusiasts. The truck is equipped with advanced off-road technologies, such as multi-terrain select and crawl control, allowing it to easily tackle challenging terrains.
The Tacoma’s reinforced frame and high ground clearance also contribute to its exceptional off-road capabilities. Inside, the Tacoma offers a functional and comfortable cabin. While it may not be as luxurious as some of its competitors, the interior is designed with durability and practicality in mind. The infotainment system includes a touchscreen with Apple CarPlay and Android Auto compatibility, providing modern connectivity options for drivers.
Safety features such as Toyota Safety Sense, which includes adaptive cruise control, lane departure warning, and automatic emergency braking, enhance the value of the vehicle. The Toyota Tacoma’s combination of reliability, off-road capability, and strong resale value make it a smart investment for those seeking a durable and versatile midsize truck.
2. Jeep Wrangler
The Jeep Wrangler is an iconic vehicle renowned for its rugged design and exceptional off-road performance. Its resale value remains high due to its strong brand loyalty, timeless appeal, and versatile capabilities. The 2024 Wrangler offers a variety of trims and configurations, including two-door and four-door models, allowing buyers to choose the version that best suits their needs.
Under the hood, the Wrangler is available with multiple powertrain options, including a 3.6-liter V6, a turbocharged 2.0-liter four-cylinder, and a 3.0-liter EcoDiesel V6. Each engine provides ample power and torque, making the Wrangler a capable performer both on and off the road. The Wrangler’s advanced 4×4 systems, such as the Selec-Trac full-time 4×4 system and the Rock-Trac 4×4 system, ensure excellent traction and control in various driving conditions.
Inside, the Wrangler combines ruggedness with modern amenities. The cabin features durable materials designed to withstand the rigors of outdoor adventures while offering comfort and convenience. The infotainment system includes a touchscreen display with Apple CarPlay and Android Auto compatibility, ensuring drivers stay connected while on the go. The Wrangler also offers a range of safety features, including blind-spot monitoring, rear cross-traffic alert, and automatic emergency braking.
The Wrangler’s removable doors and roof, fold-down windshield, and numerous customization options add to its appeal, making it a favorite among enthusiasts who value individuality and adventure. Its strong resale value is a testament to its enduring popularity and capability.
3. Subaru Crosstrek
The Subaru Crosstrek combines practicality with off-road capability, making it a popular choice among compact SUV buyers. Its resale value is bolstered by Subaru’s reputation for reliability and the brand’s strong following. The 2024 Crosstrek offers a comfortable and spacious interior, standard all-wheel drive, and advanced safety features, making it a well-rounded vehicle for various needs.
Powering the Crosstrek is a 2.0-liter four-cylinder engine that delivers 152 horsepower, paired with a continuously variable transmission (CVT) for smooth and efficient performance. For those seeking more power, the Sport and Limited trims offer a 2.5-liter engine with 182 horsepower. The Crosstrek’s Symmetrical All-Wheel Drive system provides excellent traction and stability, making it well-suited for both urban and off-road driving.
The Crosstrek features a well-designed cabin with high-quality materials and ample cargo space inside. The rear seats can be folded down to expand the cargo area, accommodating larger items with ease. The infotainment system includes a touchscreen display with Apple CarPlay and Android Auto compatibility, ensuring drivers stay connected and entertained on the go.
Subaru’s EyeSight Driver Assist Technology, which includes adaptive cruise control, lane departure warning, and automatic pre-collision braking, enhances the vehicle’s safety credentials. The Crosstrek’s combination of reliability, versatility, and advanced features makes it a compelling choice for buyers seeking a compact SUV with strong resale value. Its rugged styling, practical design, and Subaru’s loyal customer base contribute to its lasting appeal in the used car market.
4. Toyota 4Runner
The Toyota 4Runner is renowned for its ruggedness and longevity, contributing to its strong resale value. The 2024 model continues to deliver with its powerful V6 engine, body-on-frame construction, and impressive off-road capabilities. The 4Runner’s design is a blend of robust construction and modern styling, appealing to both off-road enthusiasts and families alike.
Under the hood, the 4Runner is powered by a 4.0-liter V6 engine that produces 270 horsepower and 278 lb-ft of torque. This engine provides ample power for towing and off-road driving. The vehicle’s high ground clearance, robust suspension, and available four-wheel-drive system make it a formidable performer on rough terrains. Features like the Multi-Terrain Select and Crawl Control further enhance its off-road capabilities.
The 4Runner offers a spacious and functional interior. The cabin is designed with durability in mind, featuring materials that can withstand the wear and tear of outdoor adventures. The infotainment system includes an 8-inch touchscreen with Apple CarPlay, Android Auto, and Amazon Alexa compatibility, providing modern connectivity options. The 4Runner also comes equipped with Toyota Safety Sense P, which includes advanced safety features such as adaptive cruise control, lane departure alert, and automatic emergency braking.
The 4Runner’s combination of durability, off-road prowess, and strong resale value makes it a smart choice for those seeking a versatile and reliable SUV. Its long-standing reputation for quality and capability ensures its continued popularity in the used car market.
5. Honda Civic
The Honda Civic has long been a benchmark in the compact car segment, known for its reliability, fuel efficiency, and excellent resale value. The 2024 Civic features a sleek design, a comfortable and tech-rich interior, and a choice of efficient powertrains. The Civic’s reputation for dependability and low operating costs makes it a popular choice among a wide range of buyers.
The 2024 Civic is available with two engine options: a 2.0-liter four-cylinder engine that produces 158 horsepower and a turbocharged 1.5-liter four-cylinder engine that delivers 180 horsepower. Both engines are paired with a continuously variable transmission (CVT) that provides smooth and responsive performance. The Civic’s fuel efficiency is commendable, with the turbocharged engine offering up to 42 mpg on the highway.
The Civic features a modern and well-designed cabin with high-quality materials and comfortable seating. The infotainment system includes a touchscreen display with Apple CarPlay and Android Auto compatibility, providing seamless connectivity for drivers and passengers. Advanced safety features, such as Honda Sensing, come standard on all trims. This suite includes adaptive cruise control, lane-keeping assist, and collision mitigation braking, enhancing the vehicle’s safety.
The Civic’s blend of reliability, performance, and advanced features ensures its strong resale value. Its widespread appeal and proven track record make it a smart investment for those seeking a dependable and value-retaining vehicle.
6. Lexus GX
The Lexus GX is a luxury SUV that combines off-road capability with premium features, ensuring strong resale value. The 2024 GX offers a powerful V8 engine, a refined interior with high-quality materials, and advanced technology. Lexus’ reputation for reliability and customer satisfaction adds to the GX’s appeal, making it a top choice for those looking for a luxurious yet rugged SUV.
Under the hood, the GX is powered by a 4.6-liter V8 engine that produces 301 horsepower and 329 lb-ft of torque. This engine provides smooth and robust performance, making the GX capable of handling both urban and off-road driving with ease. The vehicle’s full-time four-wheel-drive system and advanced suspension ensure excellent traction and stability on various terrains.
The GX boasts a luxurious and spacious cabin with premium materials, such as leather upholstery and wood trim. The infotainment system includes a large touchscreen display with navigation, Apple CarPlay, and Android Auto compatibility, providing seamless connectivity and entertainment options. The GX also comes equipped with Lexus Safety System+, which includes advanced driver-assistance features such as adaptive cruise control, lane-keeping assist, and automatic emergency braking.
The GX’s combination of luxury, performance, and advanced safety features makes it a compelling choice for those seeking a high-end SUV with strong resale value. Its durability and Lexus’ commitment to quality ensure its continued popularity in the used car market.
7. Toyota RAV4
The Toyota RAV4 is one of the best-selling compact SUVs, known for its reliability and strong resale value. The 2024 RAV4 offers a variety of powertrains, including hybrid options, and comes equipped with a spacious interior and advanced safety features. Its fuel efficiency, comfortable ride, and versatile cargo space make it a popular choice among families and commuters alike.
The 2024 RAV4 is available with multiple engine options, including a 2.5-liter four-cylinder engine that produces 203 horsepower and a hybrid powertrain that delivers excellent fuel efficiency. The hybrid variant offers up to 41 mpg in the city, making it an economical choice for those looking to reduce fuel costs. The RAV4’s all wheel drive system provides enhanced traction and stability, making it suitable for various driving conditions.
The RAV4 features a well-designed cabin with high-quality materials and plenty of space for passengers and cargo. The interior layout is both functional and aesthetically pleasing, with comfortable seating and ample legroom. The RAV4’s infotainment system includes a touchscreen display with Apple CarPlay, Android Auto, and Amazon Alexa compatibility, ensuring drivers and passengers stay connected and entertained. The system is user-friendly and provides intuitive access to various features and controls.
Safety is a key focus for the RAV4, which comes equipped with Toyota Safety Sense 2.5+. This suite of advanced safety features includes adaptive cruise control, lane departure alert with steering assist, automatic high beams, and a pre-collision system with pedestrian detection. These features work together to enhance driver confidence and ensure a safer driving experience for all occupants.
The RAV4’s combination of reliability, versatility, and advanced safety features makes it a top choice for buyers looking for a compact SUV with strong resale value. Its popularity and strong demand in the new and used car markets contribute to its ability to retain value over time, making it a smart investment for those seeking a dependable and value-retaining vehicle.
8. Ford F-150
The Ford F-150 is America’s best-selling truck, renowned for its durability, versatility, and strong resale value. The 2024 F-150 offers a wide range of configurations and powertrains, including hybrid and electric variants, ensuring there’s a model to suit every need. The F-150’s robust build quality, high towing capacity, and advanced technology features make it a favorite among truck enthusiasts and professionals alike.
Under the hood, the F-150 offers multiple engine options, including a 3.5-liter EcoBoost V6, a 5.0-liter V8, and the new hybrid PowerBoost engine. The PowerBoost hybrid powertrain delivers an impressive combination of power and fuel efficiency, providing up to 430 horsepower and 570 lb-ft of torque. The F-150 Lightning, an all-electric variant, offers rapid acceleration and a range of innovative features, including a mobile power generator.
The F-150 boasts a spacious and well-appointed cabin with premium materials and a host of modern amenities. The infotainment system features a large touchscreen display with SYNC 4 technology, providing seamless connectivity with Apple CarPlay and Android Auto. Advanced driver-assistance features, such as the Ford Co-Pilot360, include adaptive cruise control, lane-keeping assist, and automated emergency braking, enhancing both safety and convenience.
The F-150’s combination of performance, versatility, and advanced features ensures its strong resale value. Its enduring popularity and wide range of configurations make it a top choice for those seeking a dependable and value-retaining truck.
9. Toyota Highlander
The Toyota Highlander is a midsize SUV known for its reliability, family-friendly features, and strong resale value. The 2024 Highlander offers a comfortable and spacious interior, advanced safety systems, and efficient powertrain options, including a hybrid variant. Its blend of performance, comfort, and practicality makes it a top choice for families and those seeking a versatile SUV.
The 2024 Highlander is available with a 3.5-liter V6 engine that produces 295 horsepower, paired with an eight-speed automatic transmission. The hybrid variant combines a 2.5-liter four-cylinder engine with electric motors to deliver excellent fuel efficiency, offering up to 36 mpg in combined driving. The Highlander’s all-wheel-drive system provides enhanced traction and stability, making it suitable for various driving conditions.
The Highlander features a well-designed cabin with high-quality materials and plenty of space for passengers and cargo. The interior layout is both functional and aesthetically pleasing, with comfortable seating and ample legroom. The infotainment system includes a touchscreen display with Apple CarPlay, Android Auto, and Amazon Alexa compatibility, ensuring drivers and passengers stay connected and entertained.
Safety is a key focus for the Highlander, which comes equipped with Toyota Safety Sense 2.5+. This suite of advanced safety features includes adaptive cruise control, lane departure alert with steering assist, automatic high beams, and a pre-collision system with pedestrian detection. These features work together to enhance driver confidence and ensure a safer driving experience for all occupants.
The Highlander’s combination of reliability, versatility, and advanced safety features makes it a top choice for buyers looking for a midsize SUV with strong resale value. Its popularity and strong demand in the new and used car markets contribute to its ability to retain value over time, making it a smart investment for those seeking a dependable and value-retaining vehicle.
10. Porsche 911
The Porsche 911 is an iconic sports car with a legendary reputation for performance and desirability, ensuring a strong resale value. The 2024 911 offers a range of powerful engine options, a luxurious interior, and cutting-edge technology. Its timeless design and exceptional driving dynamics make it a favorite among sports car enthusiasts and collectors.
Under the hood, the 911 offers a variety of engine options, including a 3.0-liter twin-turbocharged flat-six that produces up to 443 horsepower in the Carrera S variant. The 911 Turbo and Turbo S models take performance to the next level, with the Turbo S delivering an astonishing 640 horsepower and a 0-60 mph time of just 2.6 seconds. All engines are paired with an eight-speed PDK dual-clutch transmission, providing lightning-fast gear changes and exhilarating performance.
The 911’s handling and driving dynamics are unparalleled, thanks to its rear-engine layout, precise steering, and advanced suspension system. The car’s performance capabilities are further enhanced by features such as Porsche Active Suspension Management (PASM), Porsche Dynamic Chassis Control (PDCC), and rear-axle steering.
The 911 features a luxurious and driver-focused cabin with high-quality materials and advanced technology. The infotainment system includes a large touchscreen display with navigation, Apple CarPlay, and a premium sound system, providing an immersive driving experience. The 911 also offers a range of advanced driver-assistance features, ensuring a safe and enjoyable ride.
The Porsche 911’s combination of performance, luxury, and advanced technology ensures its strong resale value. Its timeless design and enduring appeal make it a smart investment for those seeking a high-performance sports car that retains its value over time.
