5 Cars with the best car value after 5 years
Most people look at the performance and appearance of a vehicle when buying a new car. But choosing a model that retains its resale value will help you recoup more of your investment when it comes time to trade in or sell your vehicle. Here are the five best cars that retain their value after five years.
1. Toyota FJ Cruiser
Many people may be surprised to find Toyota’s amphibious mid-size SUV on this list, but the FJ Cruiser retains a whopping 70% of its value after five years. With a 4-wheel drive system, V6 engine, water-resistant features and a towing capacity of 5,000 pounds, the FJ Cruiser was designed for off-roading.
MSRP for the Toyota FJ Cruiser: $27,680
2. Toyota Tacoma
The Toyota Tacoma is just like The Little Engine That Could – no matter how hard you pound on it, it will keep on trucking. So it’s no surprise that it comes in at number two on this list. Even after five years, the Tacoma will retain 61.9% of its value.
Unlike other trucks in its category, the Tacoma is easy to handle and offers flexible cargo options. It’s a truck that appeals to the everyday driver and still manages to get a very respectable 23 miles per gallon.
MSRP for the Toyota Tacoma: $18,125
3. Jeep Wrangler
Jeep Wranglers are not the most reliable cars. They don’t get great gas mileage, and they don’t offer a whole lot in terms of storage. But they definitely retain their value. After five years, Wranglers still retain 59.1% of their value.
Wranglers are known for their unique look and affinity for off-roading. With four-wheel drive and excellent ground clearance, these are great vehicles for harsh winter weather, and the open-air ride is fantastic in the summer.
MSRP for the Jeep Wrangler: $22,395
4. Toyota 4Runner
The third Toyota on our list, the 4Runner is a reliable car that retains 56.2% of its value after five years.
The 4Runner appeals to families of all sizes because it offers plenty of space for the kids and anything you need to cart around. These SUVs come with 90 square feet of space for cargo and an optional sliding deck to store more cargo. The sliding deck can support up to 400 pounds of food and drink, which makes the 4Runner the ultimate tailgating SUV.
MSRP for the Toyota 4Runner: $32,820
5. Chevrolet Corvette
Who wouldn’t want to drive around in a brand new Corvette? If you love sports and luxury cars, you can feel a little bit better about buying a Corvette because it retains 53.5% of its value after five years.
It had been a while since Chevrolet produced a Stingray version of the Corvette, but the company brought back the vehicle’s iconic design in 2014. Since then, its resale value has skyrocketed. With a 6.2-liter V8 engine and 455 horsepower, the Corvette is a force to be reckoned with and one of the most popular sports cars.
MSRP for the Chevrolet Corvette: $53,000
Other notable vehicles that retain their value after five years are the Toyota Tundra, Chevrolet Camaro, Honda CR-V, Chevrolet Silverado and the Dodge Challenger. As you can see, the majority of the vehicles that retain their value are either SUVs or sports/performance vehicles.
The next time you’re in the market for a new car, choose one of these five vehicles that retain much of their resale value after five years. Not surprisingly Toyota takes the cake with three vehicles on our list, but Jeep isn’t too far behind with the FJ Cruiser (number one on our list) and the Jeep Wrangler (number three on our list).