Vehicles That Depreciate the Least
Top 10 Vehicles With the Lowest Depreciation - iSeeCars Study | ||
---|---|---|
Rank | Model | Average 5-Year Depreciation |
1 | Jeep Wrangler | 9.2% |
2 | Jeep Wrangler Unlimited | 10.5% |
3 | Porsche 911 | 12.8% |
- Which car brand holds its value best?
- Which car loses its value fastest?
- Why do Hyundais depreciate so much?
- Does Kia Optima hold its value?
- Why do Kia depreciate so much?
- How well do Hondas hold their value?
- Why do luxury cars depreciate so fast?
- Is Kia better than Toyota?
Which car brand holds its value best?
Plus, the Prius hybrid remains the go-to for drivers who want to save at the pump. These models and others combine to make Toyota the best retained value brand of any automaker, holding 58.6 percent of their value on average over five years.
Which car loses its value fastest?
The top car with the fastest deprecation is the BMW 7 Series. This car has an average deprecation of 72.6% over the course of five years, representing an average value reduction of nearly $74,000. The second is the BMW 5 Series, which has a five-year depreciate rate of 70.1%, or over $47,000 in value.
Why do Hyundais depreciate so much?
It's because their styling is very edgy. Look at a Sonata from 3 years ago and it looks like a 10 year old car. Do the same with an Accord. It's also because of the discounts, perceived reliability, etc.
Does Kia Optima hold its value?
The Kia Optima holds its value well, with very little depreciation during the first three years of ownership. This model also has one of the highest private-party sales value of any car in its class, especially if it has been driven less than 15K miles per year.
Why do Kia depreciate so much?
a Kia, and Toyota cars have a good reputation as used vehicles. With more people interested in buying them the demand is higher and the resale value will be higher. The Kia with less demand for them tends to be lower.
How well do Hondas hold their value?
After the first five years of ownership, a new vehicle typically retains about 35 percent of its original manufacturer suggested retail price (MSRP). Meanwhile, Honda holds over 50 percent of its value over the same period of time, making their vehicles a great investment.
Why do luxury cars depreciate so fast?
Luxury cars have steep depreciation because owners likely trade them in when they become outdated and used car buyers don't want to pay a high premium on a dated model. Additionally, they are expensive to maintain and the high cost of ownership impacts resale value.
Is Kia better than Toyota?
A 2019 study done by J.D. Power found Kia is highest in U.S. initial quality in the non-premium category. J.D. Power also ranked the 2016 Kia Soul, as well as the 2016 Toyota Corolla, Prius, and Prius V among the most dependable cars on the road.