When you buy a new car, it begins to lose value the second you leave the dealer lot. According to an iSeeCars.com study, the average five-year depreciation rate for a new car is 49.1 percent. But not all vehicles depreciate equally. For some, particularly luxury sedans, depreciation can be sudden and substantial; for others, like some of our favorite off-roaders, the process can be glacial.
These, according to iSeeCars.com, are the 10 cars that hold their value the best over five years. Usual suspects like the Jeep Wrangler and Toyota Tacoma leading the way should surprise no one. (The Gladiator, we should note, has not been around long enough to make the study, but may be up near the top of the list when it does.) Some of the midsize trucks that snuck in at the bottom may be unexpected, however.
Check out the full list below.
Average 5-Year Depreciation: 30.9%
$ Drop Over 5 Years: $12,168
Average 5-Year Depreciation: 32.4%
$ Drop Over 5 Years: $10,496
Average 5-Year Depreciation: 32.8%
$ Drop Over 5 Years: $10,824
Average Five-Year Depreciation: 36.0%
$ Difference: $56,133
Average 5-Year Depreciation: 37.0%
$ Drop Over 5 Years: $17,020
Kelley Blue Book released their best cars to buy awards for 2020. The results may surprise you.
Average 5-Year Depreciation: 38.5%
$ Drop Over 5 Years: $16,325
Average 5-Year Depreciation: 39.8%
$ Drop Over 5 Years: $14,192
Average 5-Year Depreciation: 40.6%
$ Drop Over 5 Years: $16,303
Average 5-Year Depreciation: 41.2%
$ Drop Over 5 Years: $16,115
Average 5-Year Depreciation: 43.5%
$ Drop Over 5 Years: $12,823
We picked the best tires to help you stay mobile through the winter months.