When purchasing a vehicle, one significant consideration is its resale value. Choosing a car that holds its value can save you money in the long run and make your investment more rewarding. Let’s look at the top 15 vehicles known for their exceptional secondhand values and why.

Jeep Grand Cherokee

The Jeep Grand Cherokee offers rugged off-road capabilities and luxury features. With a starting price of $40,000 for newer models, the Grand Cherokee is popular for its V6 and V8 engine choices, with the Uconnect infotainment system. A five-year-old used Grand Cherokee typically costs around $20,000.

Chevrolet Tahoe

This car combines ample space and a powerful V8 engine. It is a favorite among families and those requiring a heavy-duty vehicle. New units start at $55,000, and after five years, this vehicle retains about 51% of its value, so used models cost roughly $28,000.

Ford F-150

As America’s best-selling truck for long, it has been associated with ruggedness and the availability of multiple trims. Engine options include a fuel-efficient turbocharged engine and a high-powered V8. While prices start at around $34,000 for newer models, the prices come down to about $18,000 after five years.

Toyota Camry

Customers love the Toyota Camry because of its reliability and efficiency. Brand new pieces featuring Toyota’s Safety Sense cost around $27,000. Also, the car’s fuel efficiency averages 28-39 mpg, depending on the trim. After five years, the Camry will still retain about 53% of its original value.

Subaru Outback

New Subaru Outback cars are priced from $30,000 and come equipped with advanced safety systems like Subaru’s EyeSight technology. The Outback’s blend of reliability and versatility helps it maintain around 54% of its value, with used models from five years ago costing around $16,000.

Honda CR-V

This compact SUV is loved for its fuel efficiency. With a starting price of $32,000 for new models, it retains about 55% of its value after five years, with used models selling for $17,500. Its high resale value is due to its lower long-term maintenance costs. 

Toyota Highlander

The Toyota Highlander costs around $37,000 and includes a strong V6 engine, with options for a hybrid model. Safety features include lane-keeping assist and adaptive cruise control. After five years, used Highlanders are priced at around $20,000, retaining about 56% of their value.

GMC Sierra 1500

While base models of this vehicle cost $37,000, after five years, they still keep about 57% of this value. This full-size pickup truck has several powerful engine options, including a 355-horsepower 5.3-liter V8 that produces and a 420-horsepower 6.2-liter V8. Its high-end trims are valued for their ruggedness. 

Toyota 4Runner

Introduced in 1984, the Toyota 4Runner has a 270-horsepower 4.0-liter V6 engine and a five-speed automatic transmission. It features advanced multi-terrain select, a locking rear differential, and a high ground clearance. New releases cost around $40,000 and keep 58% of this cost after five years.

Porsche 911

Porsches are known for their high prices, but their high resale value makes buying them a good investment. Though brand-new Porsche 911 cars cost around $106,000, used ones cost about $62,500 after five years. This is complemented by the car’s incredible acceleration and luxurious cabin.

Chevrolet Corvette

With a mid-engine layout and a 495-horsepower 6.2-liter V8 engine, the Corvette achieves 0-60 mph in three seconds. A Magnetic Ride Control suspension system and driver-focused cockpit enhance its handling. Though new releases cost $60,000, Corvettes used for about five years will still cost $40,000. 

Toyota Tacoma

Most Toyotas, like the Toyota Tacoma, have impressive resale value. This model has a rugged off-road capability, evidenced by its TRD Pro trim. While you can purchase a new one for about $30,000, you’re sure to get about 62% of that value half a decade later.

Tesla Model 3

The Model 3 is a game-changer in the electric vehicle market. You can buy a new Model 3 for $40,000, which is affordable for a luxury electric car. Thanks to growing interest in EVs, a Model 3 used for five years will cost around 63% of its value. Notably, the latest Performance trim includes upgrades like sport-tuned suspension and enhanced brakes.

Jeep Wrangler

Jeeps have been around for a while, and their products only get better with time. The Wrangler is known for its rugged design, removable doors, four-wheel drive, and different engine options, including a plug-in hybrid. In addition to its affordability, the Wrangler offers approximately 64% of its original value five years later.

Toyota Land Cruiser

Featuring an ample 5.7-liter V8 engine, the Toyota Land Cruiser produces 381 horsepower. It combines traditional ruggedness with modern technology and comfort, suitable for off-road adventures and daily commuting. New units start at $85,000, and due to their scarcity and high demand, they can be resold half a decade later for around $55,000.