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Top Cars That Hold Their Value
August 6, 2015
Toyota and Acura took top honors in Edmunds.com's fifth annual Best Retained Value Awards.
The awards recognize brands and 2015 models that have the highest projected residual values after five years based on their True Market Value during their first five months on the market. Toyota was named the winner of the non-luxury division with a projected 52.4% residual value after five years, and Acura was named tops in the luxury division with a projected value of 46.9%.
Winners were also selected in 24 categories, ranging from compact cars to large commercial vans. Winners included the Subaru WRX, Acura ILX, Dodge Challenger, GMC Acadia, and Honda Fit. See below for the full list of winners.
And if you're considering adding any of these high-residual vehicles to your garage, I recommend you use TrueCar No Haggle and CarsDirect to see the lowest prices being offered in your local area.
Category | Vehicle | Avg. Retained Value After 5 Years |
---|---|---|
Compact Car | Subaru WRX | 53.2% |
Compact Crossover Suv | Honda CR-V | 55.2% |
Midsize Truck | Toyota Tacoma | 64.5% |
Entry Luxury Car | Acura ILX | 48.2% |
Entry Luxury SUV | Acura RDX | 47.8% |
Entry Sports Car | Dodge Challenger | 56.5% |
Large Car | Toyota Avalon | 44.8% |
Large Crossover SUV | GMC Acadia | 44.3% |
Heavy Duty Truck | Ford F-350 Super Duty | 58.5% |
Large Traditional SUV | GMC Yukon | 47.7% |
Large Truck | Toyota Tundra | 57.2% |
Midrange Luxury Car | Lexus GS 350 | 46.3% |
Midrange Luxury SUV | Lexus GX 460 | 49.9% |
Midrange Sports Car | Chevrolet Corvette | 52.2% |
Midsize Car | Subaru Legacy | 48.5% |
Midsize Crossover SUV | Toyota Highlander | 54.4% |
Midsize Traditional SUV | Jeep Wrangler | 62.4% |
Minivan | Honda Odyssey | 49.9% |
Premium Luxury Car | Porsche Panamera | 44.7% |
Premium Luxury SUV | Mercedes-Benz G-Class | 52.6% |
Premium Sports Car | Nissan GT-R | 50.6% |
Subcompact Car | Honda Fit | 54.5% |
Small Commercial Van | Ford Transit Connect | 47.0% |
Large Commercial Van | Ram Promaster Cargo Van | 44.1% |
3 Steps Every Car Buyer Needs to Take to Save Maximum Money
The key to getting the best deal is to gather price or lease bids from as many local dealers as possible. Then shop that best price around until no one can beat it. Here are the steps:Step 1 Get Prices From My Trusted Network
Select the vehicle you're interested in to see if there are local dealers in my network who will provide you with their best upfront price. You will get direct access to an internet sales manager who you can further negotiate with online (no need to visit dealership).Select Vehicle to Get Local Pricing
Step 2 Get Prices From TrueCar / CarsDirect
TrueCar, and CarsDirect are my top 2 online price quote recommendations. These services show you pre-negotiated prices from dealers closest to you - and the deals are usually pretty decent. But remember, you can still negotiate further.Step 3 Complete my Checklist
Follow this up with my checklist to make sure you squeeze out every last bit of savings.- Gregg Fidan
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