New Cars With the Best Resale Values
When buying a new car, it's smart to choose ones that are going to retain their value, so when it comes time to sell, you get to keep more of your hard-earned dollars. According to Edmunds.com's third annual Best Retained Value Awards, Jeep and Acura took top honors when it comes to resale value, .
The awards recognizes the brands and new car models that have the highest projected residual values after five years based on their average True Market Value (TMV) price when sold new.
Jeep won in the non-luxury division with a projected 50.6% residual value after five years, while Acura won in the luxury division with a projected five-year residual value of 45.1%. Additionally, Edmunds.com also gives out model-level awards in 22 different categories. For those, Ford and Toyota tied for the most awards with four each.
The following is a full list of the 22 model-level winners and their projected five-year retained value. Considering purchasing one of these vehicles? Don't forget to use use the free CarWoo Deal Finder to get the biggest discounts.
|Category||Make||Model||Projected Retained Value|
|Convertible Under $35,000||Ford||Mustang||48.3%|
|Convertible Over $45K||Ford||Shelby GT500||48.4%|
|Coupe Under $25,000||Honda||Civic||49.9%|
|Coupe $35K-$45K||BMW||3 Series||45.2%|
|Coupe Over $45,000||Chevrolet||Corvette||49.6%|
|Large Light Duty Truck||Chevrolet||Silverado 1500||54.5%|
|Large Heavy Duty Truck||GMC||Sierra 3500HD||52.7%|
|Sedan Under $20,000||Ford||Focus||54.4%|
|Sedan Over $40K||Porsche||Panamera||43.6%|
|SUV Under $25,000||Nissan||Rogue||48.2%|
|SUV Over $45,000||Lexus||LX 570||50.5%|
|Wagon Under $35,000||Toyota||Venza||48.9%|
|Wagon Over $35,000||Ford||Flex||43.4%|
My Recommendation for Car ShoppersTrueCar, Edmunds, and 1-800 Car Show are the quickest way to see the lowest car prices in your area. These sites show you no-haggle prices from dealers closest to you - and the deals are usually really good. This should be the first step you take when negotiating your car price. Follow this up with my checklist to make sure you squeeze out every last bit of savings.
New York Tri-State Residents - Important:There is a new car leasing service called Carvoy, available to NY tri-state area residents, which I recommend you try - especially if you hate the stress of haggling with car dealerships. Carvoy provides pre-negotiated lease deals, calculated with taxes and all fees incuded so you know exactly what it will cost. Here is my list of Best Carvoy deals, updated each month.
- Gregg Fidan
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About: Gregg Fidan
Gregg Fidan + is the founder of RealCarTips. After being ripped off on his first car purchase, he devoted several years to figuring out the best ways to avoid scams and negotiate the best car deals. He has written hundreds of articles on the subject of car buying and taught thousands of car shoppers how to get the best deals.
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