Depreciation is one of the largest long-term car expenses, yet it’s often the most overlooked. While many buyers will seek out a model that has incrementally better fuel economy than another to save a few bucks at the gas station, choose one that has a higher resale value, and you can realize even richer gains.
“Getting the most for your money means knowing what your car will be worth when you sell it, not just what it’s worth when you buy it,” says Jack Nerad, executive editorial director and executive market analyst for Kelley Blue Book (kbb.com) in Irvine, Calif.
Here’s a list of the 10 models (in alphabetical order) KBB predicts will retain the highest percentage of their original purchase price after five years.
• Honda Civic
• Honda CR-V
• Jeep Wrangler
• Lexus LX
• Porsche Cayenne
• Scion tC
• Toyota 4Runner
• Toyota FJ Cruiser
• Toyota Land Cruiser
• Toyota Tacoma