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How to Maximize Your Investment: The Best Cars for Resale Value

Published on May 30, 2023 by Talia Mushinsky

When you're shopping for a new car at Kunes Auto Group, it's not just about the make, model, and color you choose. It's also about making a smart financial decision. One often-overlooked consideration when purchasing a vehicle is its resale value. This value significantly impacts your overall investment and future financial health. Let's dive into the top five vehicles renowned for their high resale value over a span of five years:

 

1. Subaru Crosstrek

Are you an outdoor enthusiast? If yes, then the Subaru Crosstrek, a compact crossover SUV, is the vehicle for you. Apart from its impressive fuel efficiency and all-wheel-drive capability, the 2021 Crosstrek boasts a 5-year resale value of approximately 56.7%, according to Kelley Blue Book.

 

2. Tesla Model X

With an increased focus on sustainability, the Tesla Model X, an all-electric luxury SUV, is becoming a popular choice among consumers. Packed with advanced technology and offering a phenomenal driving experience, the 2021 Model X has an estimated 5-year resale value of 54.6%, as per Kelley Blue Book's estimation.

 

3. Ford Bronco

Nothing screams adventure like the Ford Bronco. Recently re-introduced, this iconic SUV seamlessly blends a stylish design with modern tech features and robust off-road capability. Kelley Blue Book estimates that the 2021 Ford Bronco will retain about 52.9% of its value after five years.

 

4. Toyota Tundra

Toyota Tundra is a robust, reliable full-size pickup truck that holds its value exceptionally well. The 2021 Tundra, known for its durable build and superior towing capacity, estimates a 5-year resale value of 57.6%, according to Kelley Blue Book.

 

5. Jeep Wrangler

A beloved classic, the Jeep Wrangler is a timeless off-road SUV that's been a favorite of adventure seekers for generations. The 2021 Jeep Wrangler, recognized for its off-road ability, customizable design, and iconic style, estimates a 5-year resale value of 52.8%.

 

Honorable Mentions

Apart from these top five, several other brands also retain their value remarkably well, making them an excellent long-term investment:

  • Chevrolet: Known for their durability, vehicles like the 2021 Chevrolet Silverado offer an estimated 5-year resale value of 56.7%.
  • Honda: A testament to their reliability, the 2021 Honda Civic projects a 5-year resale value of 55.7%.
  • Hyundai: Reflecting Hyundai's commitment to quality, the 2021 Hyundai Tucson estimates a 5-year resale value of 53.6%.
  • Kia: Thanks to Kia's burgeoning reputation for quality, the 2021 Kia Sportage predicts a resale value of 53.1% after 5 years.
  • Lexus: Luxury brand Lexus' 2021 Lexus GX, predicts a 5-year resale value of 53%.
  • Volvo: With a focus on safety and luxury, the 2021 Volvo XC90 projects a 5-year resale value of 51.8%.

 

Taking into consideration these resale values can help ensure that your car not only fulfills your immediate needs but also provides long-term value. At Kunes Auto Group, we're here to help you navigate this critical decision and ensure you make the best possible investment for your future.



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