In America, significant purchases include homes, education, and vehicles. While home values have risen over 25% in recent years and college degrees enhance earning potential significantly, cars generally depreciate, losing more than 50% of their value within five years. A study from Kelley Blue Book reveals the average new vehicle is typically worth just 44.6% of its initial price after this period. However, certain car models can maintain higher resale values, presenting a less financially burdensome option for owners. The article highlights the best vehicles for resale based on this five-year depreciation data.
According to a recent study conducted by Kelley Blue Book, the average new vehicle is projected to be worth only 44.6% of its sticker price after five years.
Not all makes and models depreciate at the same rate, and vehicles that retain more of their value can save their owners a lot of money when it comes time to sell or trade them in.
The 25 vehicles on this list are manufactured by nine automakers. Only five of these vehicles are made by American companies.
Homes have surged in value by over 25% in the last half decade, and a four-year college education can increase lifetime earning potential by well over 60%.
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