When buying a car, one of the key factors to consider is how well it retains its value over time. Depreciation can have a significant impact on the cost of ownership, and choosing a vehicle that holds its value well can lead to substantial savings in the long run.
Several factors contribute to a car’s ability to retain value, including brand reputation, reliability, market demand, and ]] quality. In recent years, certain models have consistently outperformed others in retaining their value, making them smart investments for buyers.
This guide highlights the top 15 cars that retain their value the longest, providing insights into why these vehicles are excellent choices for long-term ownership.
1. Toyota Tacoma
The Toyota Tacoma is a mid-size pickup truck renowned for its durability, off-road capability, and versatility. Starting at around $35,000, the 2024 Tacoma is powered by a 3.5L V6 engine producing 278 bhp. The Tacoma’s exterior design features a bold and rugged look with a tough front grille and durable bed, ideal for handling demanding tasks and challenging terrains. Its muscular build and high ground clearance enhance its off-road capabilities, making it a favorite among adventure enthusiasts and outdoor workers.
Inside, the Tacoma offers a comfortable and functional cabin equipped with advanced infotainment features. The interior includes supportive seating and high-quality materials, providing a pleasant driving experience even on long journeys. The intuitive dashboard layout ensures that all controls are within easy reach, enhancing driver convenience and safety. Additionally, the Tacoma’s spacious interior allows for ample storage and passenger comfort.
The Tacoma is built on a sturdy body-on-frame construction, which contributes to its exceptional durability and ability to handle heavy loads. This construction, coupled with advanced off-road technologies such as multi-terrain select and crawl control, makes the Tacoma capable of tackling a variety of challenging environments. Whether navigating rocky trails or hauling equipment, the Tacoma delivers reliable performance and versatility.
Tacoma’s reputation for reliability and strong performance in both work and recreational settings makes it a highly desirable option in the used car market. Its robust build quality and dependable engineering ensure that it retains its value well over time. With a three-year depreciation rate of around 32.4%, the Toyota Tacoma is an excellent choice for those seeking a reliable and capable mid-size pickup truck that maintains its value.
2. Jeep Wrangler
The Jeep Wrangler is an iconic off-road SUV that appeals to adventure enthusiasts and those seeking a rugged vehicle. Starting at around $35,000, the 2024 Wrangler is powered by a 3.6L V6 engine producing 285 bhp. Its distinctive design features a boxy shape, a large grille, and a removable top, which contribute to its bold and adventurous look. The Wrangler’s high ground clearance and robust construction make it well-suited for off-road adventures and challenging driving conditions.
Inside, the Wrangler offers a utilitarian cabin with durable materials designed to withstand rugged use. The interior is functional, with easy-to-clean surfaces and straightforward controls. The Wrangler also includes modern infotainment features, such as a touchscreen system, smartphone connectivity, and a premium audio system, providing a comfortable and enjoyable driving experience. Despite its rugged nature, the Wrangler’s interior ensures that occupants remain comfortable on both short and long journeys.
The Wrangler’s off-road capability is enhanced by features such as four-wheel drive, skid plates, and heavy-duty axles, making it a capable performer in tough conditions. The vehicle’s solid axles and high articulation provide excellent maneuverability over uneven terrain. Additionally, the Wrangler’s removable doors and roof allow for an open-air driving experience, further enhancing its appeal to adventurous drivers.
The Wrangler’s reputation for off-road capability and durability makes it a highly desirable vehicle in the used car market. Its iconic status and strong performance ensure that it retains its value well over time. With a three-year depreciation rate of around 32.0%, the Jeep Wrangler is an excellent investment for those seeking a versatile and rugged SUV that holds its value.
3. Toyota 4Runner
The Toyota 4Runner is a mid-size SUV known for its ruggedness, off-road capability, and durability. Starting at around $40,000, the 2024 4Runner is powered by a 4.0L V6 engine producing 270 bhp. Its design features a tough and utilitarian exterior with a bold front grille, high ground clearance, and a robust body. The 4Runner’s exterior design reflects its capability to handle challenging terrains and demanding driving conditions, making it a favorite among outdoor enthusiasts and families.
Inside, the 4Runner offers a functional and spacious cabin designed with durable materials to withstand rugged use. The interior includes advanced infotainment features, such as a touchscreen system, smartphone connectivity, and a premium audio system. The 4Runner also provides ample seating and cargo space, making it an ideal vehicle for both daily commuting and long road trips. The rear seats can be folded down to increase cargo capacity, further enhancing its practicality.
The 4Runner’s off-road prowess is supported by features such as a body on frame construction, skid plates, and a multi-terrain select system. These features allow the 4Runner to go on a variety of terrains, from rocky trails to muddy paths. The vehicle’s advanced suspension system ensures a smooth and controlled ride, even on rough surfaces. The 4Runner’s reliability and ruggedness make it a go-to choice for those who require a vehicle capable of handling outdoor adventures.
The 4Runner’s reputation for reliability and off-road capability makes it a highly desirable option in the used car market. Its strong build quality and dependable performance ensure that it retains its value well over time. With a three-year depreciation rate of around 36.5%, the Toyota 4Runner is an excellent investment for those seeking a rugged and reliable SUV.
4. Porsche 911
The Porsche 911 is a legendary sports car known for its performance, luxury, and timeless design. Starting at around $120,000, the 2024 911 is powered by a 3.0L turbocharged flat-six engine producing 379 bhp. The 911’s iconic design features a long hood, distinctive rear spoiler, and sleek lines that have remained largely unchanged for decades. This timeless design contributes to the 911’s enduring appeal and status as a symbol of automotive excellence.
Inside, the 911 offers a luxurious cabin with premium materials and advanced technology. The interior includes a high-resolution touchscreen infotainment system, a digital instrument cluster, and comfortable seating designed to provide a driver-focused experience. The 911’s interior is meticulously crafted to ensure a blend of luxury and functionality, making it a pleasure to drive on both short and long journeys.
The 911’s performance capabilities are exceptional, with precise handling, responsive steering, and powerful acceleration. The car’s rear-engine layout and advanced suspension system contribute to its outstanding driving dynamics. The 911’s performance is further enhanced by features such as adaptive damping, rear-wheel steering, and various driving modes that allow the driver to tailor the car’s behavior to their preferences.
The 911’s exceptional build quality and high-performance capabilities make it a highly sought-after vehicle in the used car market. Its iconic status and strong performance ensure that it retains its value well over time. With a three-year depreciation rate of around 36.0%, the Porsche 911 is a top choice for those looking to invest in a car that retains its value exceptionally well.
5. Honda Civic
The Honda Civic is a compact car known for its reliability, efficiency, and practicality. Starting at around $22,000, the 2024 Civic is available with a 2.0L inline-four engine producing 158 bhp or a 1.5L turbocharged inline-four engine producing 174 bhp. The Civic’s design features a sleek and modern exterior with clean lines, a bold front grille, and stylish headlights. Its compact size makes it easy to maneuver in urban environments, while its efficient engines provide excellent fuel economy.
Inside, the Civic offers a spacious and well-appointed cabin with high-quality materials and advanced infotainment features. The interior includes a touchscreen infotainment system, smartphone connectivity, and a digital instrument cluster. The Civic’s comfortable seating and thoughtful layout make it an enjoyable car to drive, whether for daily commutes or long road trips. The rear seats can be folded down to expand cargo space, adding to its practicality.
The Civic’s performance is characterized by its smooth ride, responsive handling, and efficient engines. The car’s suspension system is tuned to provide a balance between comfort and agility, making it suitable for various driving conditions. The Civic’s reputation for reliability and low maintenance costs further enhance its appeal as a practical and economical choice for car buyers.
The Civic’s strong value retention is a result of its reliability, fuel efficiency, and widespread popularity. It remains a highly desirable option in the used car market, ensuring that it retains its value well over time. With a three-year depreciation rate of around 38.1%, the Honda Civic is an excellent investment for those seeking a practical and reliable compact car.
6. Subaru Crosstrek
The Subaru Crosstrek is a compact crossover known for its all-wheel-drive capability, practicality, and reliability. Starting at around $24,000, the 2024 Crosstrek is powered by a 2.0L flat-four engine producing 152 bhp. Its design features a rugged and sporty exterior with high ground clearance, making it suitable for both urban and off-road adventures. The Crosstrek’s compact size and versatile design make it an attractive option for a wide range of drivers.
Inside, the Crosstrek offers a spacious and functional cabin with advanced infotainment features. The interior includes a touchscreen infotainment system, smartphone connectivity, and comfortable seating for five passengers. The Crosstrek’s interior is designed with high-quality materials and a thoughtful layout, ensuring a comfortable and enjoyable driving experience. The rear seats can be folded down to expand cargo space, adding to its practicality for everyday use
The Crosstrek’s all-wheel-drive system and advanced safety features make it suitable for various driving conditions. Features such as Subaru’s EyeSight driver-assistance system, adaptive cruise control, and lane-keeping assist enhance safety and convenience. The Crosstrek’s capable suspension system and responsive handling provide a smooth and controlled ride, whether on city streets or rugged trails.
The Subaru Crosstrek’s reputation for reliability, versatility, and all-weather capability makes it a popular choice in the used car market. Its strong build quality and dependable performance ensure that it retains its value well over time. With a three-year depreciation rate of around 33.5%, the Subaru Crosstrek is an excellent investment for those seeking a practical and reliable compact crossover.
7. Chevrolet Corvette
The Chevrolet Corvette is an iconic American sports car known for its performance, style, and value retention. Starting at around $60,000, the 2024 Corvette is powered by a 6.2L V8 engine producing 495 bhp. The Corvette’s design features a low-slung profile, aggressive lines, and distinctive styling elements, giving it a bold and sporty appearance. Inside, the Corvette offers a driver-focused cabin with premium materials, advanced infotainment features, and comfortable seating. The car’s performance and iconic status make it a highly desirable option in the used car market, resulting in minimal depreciation over time.
The Corvette’s performance capabilities are exceptional, with precise handling, responsive steering, and powerful acceleration. The car’s advanced aerodynamics and lightweight construction contribute to its agility and speed, making it a joy to drive on both the track and the road. The Corvette also includes modern technology features, such as a high-resolution infotainment system, driver assistance features, and customizable driving modes, enhancing the driving experience.
In addition to its performance, the Corvette’s design is a major selling point. The exterior is sleek and aerodynamic, while the interior is luxurious and well-appointed. The combination of high-quality materials and cutting-edge technology makes the Corvette a standout in the sports car segment. The car’s iconic status and strong market demand ensure that it retains its value well, making it a smart investment for car enthusiasts.
With a three-year depreciation rate of around 37.2%, the Chevrolet Corvette is a top choice for those seeking a sports car that retains its value well. Its blend of performance, style, and advanced technology makes it an enduring favorite among car buyers, ensuring strong resale value and continued popularity.
8. Lexus GX
The Lexus GX is a luxury SUV known for its off-road capability, luxurious interior, and durability. Starting at around $70,000, the 2024 GX is powered by a 4.6L V8 engine producing 301 bhp. The GX’s design features a bold and rugged exterior with a distinctive spindle grille and LED headlights. Inside, the GX offers a plush cabin with high-quality materials, advanced infotainment systems, and comfortable seating for up to seven passengers. The SUV’s body-on-frame construction and advanced off-road technologies make it capable of tackling rough terrains with ease.
The GX’s interior is designed for comfort and convenience, with features such as leather upholstery, a premium audio system, and a high-resolution touchscreen infotainment system. The spacious cabin provides ample legroom and headroom for passengers, while the flexible seating arrangements allow for additional cargo space when needed. The GX’s luxurious interior makes it an appealing choice for families and those who enjoy long road trips.
Off-road enthusiasts will appreciate the GX’s capabilities, which include features such as four-wheel drive, skid plates, and a multi-terrain select system. These features enable the GX to handle a variety of challenging terrains, from rocky trails to muddy paths. The vehicle’s advanced suspension system ensures a smooth and controlled ride, even on rough surfaces.
The GX’s reputation for reliability and luxury makes it a popular choice in the used car market, resulting in strong value retention. With a three-year depreciation rate of around 35.0%, the Lexus GX is a top choice for those seeking a luxurious and capable SUV. Its blend of off-road capability, luxurious interior, and strong performance make it an excellent investment for long-term ownership.
9. Ford Bronco
The Ford Bronco is a rugged and versatile SUV known for its off-road capability and retro-inspired design. Starting at around $30,000, the 2024 Bronco is available with various engines, including a 2.3L turbocharged inline-four and a 2.7L turbocharged V6, offering a range of power outputs to suit different needs. The Bronco’s design features a boxy shape, removable doors and roof, and advanced off-road systems, making it suitable for adventurous drivers. Inside, the Bronco offers a functional and comfortable cabin with advanced infotainment features and durable materials.
The Bronco’s off-road capabilities are enhanced by features such as high ground clearance, four-wheel drive, and advanced traction control systems. These features enable the Bronco to easily go through challenging terrains, making it an ideal choice for outdoor enthusiasts and those who enjoy off-road adventures. The vehicle’s robust construction and durable materials ensure that it can withstand the rigors of off-road driving.
Inside, the Bronco offers a comfortable and functional cabin with modern technology and convenience features. The interior includes a touchscreen infotainment system, smartphone connectivity, and a premium audio system. The Bronco’s flexible seating arrangements and ample cargo space make it a practical choice for families and those who need to transport gear for outdoor activities.
The Bronco’s strong off-road performance and unique design make it a highly desirable option in the used car market. With a three-year depreciation rate of around 34.5%, the Ford Bronco is an excellent investment for those seeking a rugged and capable SUV that retains its value well. Its blend of off-road capability, retro design, and modern technology make it a standout in the SUV segment.
10. Toyota Land Cruiser
The Toyota Land Cruiser is a luxury SUV renowned for its durability, off-road capability, and timeless design. Starting at around $85,000, the 2024 Land Cruiser is powered by a robust 5.7L V8 engine producing 381 bhp. The Land Cruiser’s design features a commanding presence with a rugged yet sophisticated exterior. Inside, the Land Cruiser offers a luxurious cabin with premium materials, advanced infotainment systems, and comfortable seating for up to eight passengers. The vehicle’s reputation for reliability and longevity makes it a highly desirable option in the used car market, leading to strong value retention.
The Land Cruiser’s off-road capabilities are exceptional, with features such as four-wheel drive, multi-terrain select, and a kinetic dynamic suspension system. These features enable the Land Cruiser to tackle a variety of challenging terrains, from rocky trails to desert dunes. The vehicle’s robust construction and advanced off-road technologies make it a top choice for adventurers and outdoor enthusiasts.
Inside, the Land Cruiser offers a spacious and luxurious cabin with high-quality materials and advanced technology. The interior includes features such as leather upholstery, a premium audio system, and a high-resolution touchscreen infotainment system. The Land Cruiser’s comfortable seating and ample legroom ensure that passengers remain comfortable on long journeys, making it an ideal vehicle for family road trips.
The Land Cruiser’s reputation for reliability and strong performance ensures that it retains its value well over time. With a three-year depreciation rate of around 36.9%, the Toyota Land Cruiser is an excellent investment for those seeking a durable and luxurious SUV. Its blend of off-road capability, luxurious interior, and strong performance makes it a standout in the SUV segment.
11. Honda CR-V
The Honda CR-V is a compact SUV known for its reliability, spacious interior, and strong value retention. Starting at around $26,000, the 2024 CR-V is powered by a 1.5L turbocharged inline-four engine producing 190 bhp. The CR-V’s design features a sleek and modern exterior with LED headlights and a bold grille. Inside, the CR-V offers a roomy cabin with high-quality materials, advanced infotainment systems, and ample cargo space. The SUV’s reputation for reliability, fuel efficiency, and family-friendly features makes it a popular choice among buyers.
The CR-V’s performance is characterized by its smooth ride, responsive handling, and efficient engine. The vehicle’s suspension system is tuned to provide a comfortable and controlled ride, making it suitable for various driving conditions. The CR-V’s turbocharged engine delivers ample power for daily commuting and long road trips, while its fuel efficiency helps reduce running costs.
Inside, the CR-V offers a spacious and well-appointed cabin with modern technology and convenience features. The interior includes a touchscreen infotainment system, smartphone connectivity, and a premium audio system. The CR-V’s flexible seating arrangements and large cargo area make it a practical choice for families and those who need to transport a variety of items.
The CR-V’s strong value retention is a result of its reliability, practicality, and widespread popularity. It remains a highly desirable option in the used car market, ensuring that it retains its value well over time. With a three-year depreciation rate of around 39.2%, the Honda CR-V is an excellent investment for those seeking a practical and reliable compact SUV.
12. Toyota Highlander
The Toyota Highlander is a midsize SUV known for its reliability, comfort, and practicality. Starting at around $35,000, the 2024 Highlander is powered by a 3.5L V6 engine producing 295 bhp, providing ample power for various driving conditions. The Highlander’s design features a sleek and modern exterior with a bold front grille and LED headlights. Inside, the Highlander offers a spacious cabin with high-quality materials, advanced infotainment systems, and seating for up to eight passengers. The SUV also includes a range of safety features, such as adaptive cruise control, lane departure warning, and automatic emergency braking, enhancing its appeal as a family vehicle.
The Highlander’s performance is characterized by its smooth ride, responsive handling, and powerful engine. The vehicle’s suspension system is tuned to provide a comfortable and controlled ride, making it suitable for various driving conditions. The Highlander’s V6 engine delivers ample power for daily commuting and long road trips, while its advanced safety features help ensure a safe driving experience.
Inside, the Highlander offers a spacious and well-appointed cabin with high-quality materials and modern technology. The interior includes a touchscreen infotainment system, smartphone connectivity, and a premium audio system. The Highlander’s flexible seating arrangements allow for up to eight passengers, making it an ideal choice for families and those who need to transport large groups. The second and third rows can be easily folded down to create a flat load floor, providing ample cargo space for luggage, sports equipment, or other items.
The Highlander’s advanced safety features add to its appeal as a family vehicle. These features include adaptive cruise control, lane departure warning, automatic emergency braking, and a surround-view camera system. These technologies help ensure a safe driving experience, providing peace of mind for both the driver and passengers. The Highlander’s smooth ride and quiet cabin make it a comfortable choice for long road trips and daily commutes alike.
The Highlander’s performance is characterized by its smooth ride, responsive handling, and powerful V6 engine. The vehicle’s suspension system is tuned to provide a comfortable and controlled ride, making it suitable for various driving conditions. The Highlander’s all-wheel-drive option enhances its capability in adverse weather conditions, providing added traction and stability.
The Toyota Highlander’s strong value retention is a result of its reliability, comfort, and practicality. It remains a highly desirable option in the used car market, ensuring that it retains its value well over time. With a three-year depreciation rate of around 37.0%, the Toyota Highlander is an excellent investment for those seeking a reliable and comfortable midsize SUV that holds its value.
13. Mazda MX-5 Miata
The Mazda MX-5 Miata is a lightweight, rear-wheel-drive roadster renowned for its engaging driving dynamics and timeless design. Starting at around $30,000, the 2024 MX-5 Miata is powered by a 2.0L inline-four engine producing 181 bhp. The Miata’s design features a sleek, aerodynamic profile with a low-slung body and stylish lines, giving it a sporty and elegant appearance. Its compact size and lightweight construction enhance its agility and responsiveness, making it a joy to drive on twisty roads and track days.
Inside, the MX-5 Miata offers a driver-focused cabin with premium materials and advanced technology. The interior includes comfortable seating, a high-quality infotainment system, and easy-to-reach controls. The Miata’s minimalist design emphasizes the driving experience, with a focus on simplicity and functionality. Despite its compact size, the cabin provides adequate space for the driver and passenger, ensuring a comfortable ride.
The Miata’s performance capabilities are exceptional, with precise handling, responsive steering, and a balanced chassis. The car’s rear-wheel-drive layout and lightweight construction contribute to its outstanding driving dynamics. The Miata’s suspension system is tuned to provide a smooth and controlled ride, making it suitable for both spirited driving and everyday use. The car’s efficient engine delivers ample power while maintaining good fuel economy.
The MX-5 Miata’s reputation for reliability, fun-to-drive nature, and strong build quality makes it a highly desirable option in the used car market. Its timeless design and exceptional performance ensure that it retains its value well over time. With a three-year depreciation rate of around 33.3%, the Mazda MX-5 Miata is an excellent investment for those seeking a sports car that retains its value.
14. GMC Yukon
The GMC Yukon is a full-size SUV known for its spacious interior, robust performance, and luxurious features. Starting at around $50,000, the 2024 Yukon is powered by a 5.3L V8 engine producing 355 bhp, offering strong towing capabilities and ample power for various driving needs. The Yukon’s design features a bold and commanding presence with a wide stance, large grille, and stylish LED headlights. Its exterior design reflects its capability and ruggedness, making it a top choice for families and those who need a versatile vehicle.
Inside, the Yukon offers a premium cabin with high-quality materials and advanced technology. The interior includes leather upholstery, a high-resolution touchscreen infotainment system, and a premium audio system. The Yukon’s spacious cabin provides ample legroom and headroom for passengers, while the flexible seating arrangements allow for additional cargo space when needed. The third-row seats can be easily folded down to create a flat load floor, enhancing its practicality.
The Yukon’s performance capabilities are impressive, with a robust engine, smooth ride, and responsive handling. The vehicle’s suspension system is tuned to provide a comfortable and controlled ride, making it suitable for both city driving and long road trips. The Yukon’s towing capacity and off-road capability make it a versatile choice for those who need a vehicle that can handle a variety of tasks.
The GMC Yukon’s reputation for reliability, luxury, and strong performance makes it a highly desirable option in the used car market. Its blend of spacious interior, advanced technology, and robust performance ensures that it retains its value well over time. With a three-year depreciation rate of around 34.0%, the GMC Yukon is an excellent investment for those seeking a full-size SUV that holds its value.
15. Tesla Model S
The Tesla Model S is an electric luxury sedan known for its cutting-edge technology, impressive range, and high performance. Starting at around $85,000, the 2024 Model S is powered by dual electric motors producing up to 670 bhp, providing exhilarating acceleration and a range of up to 405 miles on a single charge. The Model S’s design features a sleek and aerodynamic profile with a minimalist front fascia and flush door handles, giving it a futuristic and elegant appearance.
Inside, the Model S offers a high-tech cabin with premium materials and advanced technology. The interior includes a large touchscreen infotainment system, premium audio system, and advanced driver-assistance features such as Autopilot and Full Self-Driving capabilities. The Model S’s spacious interior provides comfortable seating for up to five passengers, with ample legroom and headroom. The cabin’s minimalist design emphasizes functionality and elegance, enhancing the driving experience.
The Model S’s performance capabilities are exceptional, with instant torque, precise handling, and smooth acceleration. The car’s electric powertrain delivers a quiet and efficient ride, while its advanced suspension system ensures a comfortable and controlled ride. The Model S’s range and performance make it an ideal choice for both daily commuting and long road trips, providing a versatile and enjoyable driving experience.
The Tesla Model S’s reputation for innovation, performance, and strong resale value makes it a popular choice among buyers. Its blend of cutting-edge technology, luxurious interior, and impressive range ensures that it retains its value well over time. With a three-year depreciation rate of around 40.5%, the Tesla Model S is an excellent investment for those seeking a high-tech and eco-friendly luxury sedan that holds its value.
Choosing a car that retains its value is a smart investment, saving you money in the long run and providing a better return when it’s time to sell. The cars listed here have proven to hold their value exceptionally well, thanks to their reliability, performance, and market demand. Whether you’re looking for a rugged SUV, a luxurious sedan, or a fun to drive sports car, these vehicles offer a great balance of value and quality, ensuring you make a sound investment in your next car purchase.
