Vehicles with the Highest Resale Value
There’s a lot to consider when purchasing a new car. Is it safe? Does it have enough space for your family? Is it efficient? Comfortable? Stylish? At Landers Toyota in Little Rock, Arkansas, we know the process can be a bit of a whirlwind. Not only do you have to balance all of these details, but you usually need a new set of wheels as soon as possible! In this often hectic process, many forget to consider one incredibly important factor: resale value.
Resale value determines how much you’ll earn when you sell or trade in your used vehicle, which in turn can determine your budget for a new vehicle. Choosing a vehicle with a high resale value can save you a surprising amount of money in the long run — there can be a stark difference in depreciation between varying makes and models. A vehicle with a high resale value also brings invaluable peace of mind, giving you confidence in your investment.
We want all of our customers to feel informed and stress-free when they purchase a new vehicle, which includes being satisfied with their vehicle’s potential resale value. For information on vehicles with the highest resale value in 2023, check out the following lists!
(Note: This data is based on projections by the Kelley Blue Book Official Residual Value Guide. The percentages indicate how much of the original value the vehicle will retain after five years. Click here for more information.)
Brands with the Highest Resale Value
Best Brand: Toyota (Toyota has won this award six times in the last seven years!)
Best Luxury Brand: Lexus
Top 10 Models with the Highest Resale Value
2023 Toyota Tundra (73.3%)
2023 Toyota Tacoma (66.0%)
2023 Tesla Model (66.0%)
2023 Ford Bronco (65.4%)
2023 Chevrolet Corvette (65.3%)
2023 Toyota 4Runner (64.4%)
2023 Honda Civic (62.5%)
2023 Ford Maverick (61.7%)
2023 Subaru Crosstrek (61.0%)
2023 Jeep Wrangler (61.0%)
Highest Resale Value by Category
Compact Car: Honda Civic (62.5%)
Midsize Car: Honda Accord (56.7%)
Luxury Compact Car: Genesis G70 (48.0%)
Luxury Midsize Car: Acura TLX (48.5%)
Luxury Full-Size Car: Lexus LS (44.0%)
Sports Car: Chevrolet Corvette (65.3%)
Hybrid Vehicle: Toyota RAV4 Prime (56.0%)
Electric Car: Chevrolet Bolt EV (41.6%)
Luxury Electric Car: Tesla Model S (57.0%)
Subcompact SUV: Subaru Crosstrek (61.0%)
Compact SUV: Subaru Forester (60.6%)
Midsize SUV – 2-Row: Subaru Outback (57.8%)
Midsize SUV – 3-Row: Hyundai Palisade (59.7%)
Full-Size SUV: GMC Yukon (49.3%)
Off-Road SUV: Ford Bronco (65.4%)
Electric SUV: Ford Mustang Mach-E (41.4)
Compact Pickup Truck: Ford Maverick (61.7%)
Midsize Pickup Truck: Toyota Tacoma (65.8%)
Full-Size Pickup Truck: Toyota Tundra (73.3%)
Full-Size Pickup Truck – Heavy-Duty: Chevrolet Silverado HD (60.1%)
Electric Truck: Ford F-150 Lightning (57.0%)
Minivan: Toyota Sienna (59.3%)
Find These Vehicles in Our Pre-Owned Inventory
Have more questions about the resale value of your vehicle? Use our online Value Your Trade tool, or contact our expert sales team at Landers Toyota in Little Rock, Arkansas! It would be our pleasure to make your trade-in experience as easy as possible!
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