Some quick answers to this question include Toyota Tacoma, Jeep Wrangler, Subaru WRX, Honda Civic, and Toyota 4Runner. Cars tend to depreciate quickly in the first few years after purchase, but certain models hold their value better over time. When considering a new or used car purchase, it’s wise to think about long-term value retention. Read on to learn more about specific car models that depreciate slowly.
Toyota Tacoma
The Toyota Tacoma pickup truck is renowned for retaining its value exceptionally well. Data from car research sites like iSeeCars.com consistently ranks the Tacoma at or near the top for value retention across multiple model years.
Here are some key reasons the Tacoma resists depreciation:
- Toyota’s reputation for reliability and build quality – Tacomas are very durable and owners keep them for many years/high miles.
- Strong demand – The Tacoma dominates the midsize truck market which keeps used prices high.
- Great resale value – Tacoma’s high resale value keeps trade-in and market values higher.
- Solid residual value – Toyota Tacomas tend to lease well due to excellent projected residual values.
According to data from Kelley Blue Book, the Tacoma only depreciated by 16% after 5 years during 2019-2021 model years. This makes it one of the slowest depreciating vehicles.
Tacoma Depreciation by Year
| Years Owned | Percent Depreciation |
|---|---|
| 1 Year | 11% |
| 2 Years | 15% |
| 3 Years | 16% |
| 5 Years | 16% |
As this table illustrates, the Tacoma only depreciates slightly year over year after the first 3 years of ownership. This makes it a great choice if you want to minimize depreciation costs.
Jeep Wrangler
The Jeep Wrangler is another iconic vehicle known for maintaining its value over time. Here are some of the reasons for the Wrangler’s impressive value retention:
- Strong brand cachet – The Wrangler is instantly recognizable and in-demand as a rugged offroad SUV.
- Great customization options – Owners like to customize their Wranglers with mods which adds resale value.
- Lasts forever – With proper maintenance, Wranglers easily reach 200,000+ miles of use.
- High resale demand – There is always strong interest in the used Jeep market from buyers.
According to iSeeCars data, the Wrangler loses just 22.7% of its value after 5 years. This is an incredible retention rate compared to most other vehicles.
Wrangler Depreciation by Year
| Years Owned | Percent Depreciation |
|---|---|
| 1 Year | 16.7% |
| 2 Years | 20.0% |
| 3 Years | 21.8% |
| 5 Years | 22.7% |
The Wrangler clearly holds exceptional value thanks to its iconic status and versatility as an SUV. It depreciates slowly after the initial first year drop.
Subaru WRX
The Subaru WRX sports sedan is another model that has carved out a reputation for minimizing depreciation. Here’s why the WRX retains value so well:
- Fun performance car – The turbocharged WRX is fun to drive and very popular with driving enthusiasts.
- Practicality – The WRX combines performance with everyday practicality like good fuel economy and cargo space.
- Reliability – Turbocharged engines can be less reliable, but the WRX has a reputation for dependable performance.
- Strong aftermarket – The WRX has many customization options available which adds value for owners.
According to CarEdge data, the WRX depreciates by 28% after 5 years which is very low for a performance car. The fun driving experience combined with Subaru’s reputation results in great retention.
WRX Depreciation by Year
| Years Owned | Percent Depreciation |
|---|---|
| 1 Year | 15% |
| 2 Years | 21% |
| 3 Years | 25% |
| 5 Years | 28% |
The WRX shows relatively steady and gradual depreciation year-over-year. This dynamic retention makes it a lower risk purchase for those worried about sharp drops in value.
Honda Civic
The Honda Civic compact car also deserves mention for its low depreciation rates. As one of the most popular vehicles worldwide, there are some clear reasons why the Civic retains value so well:
- Extremely reliable – The Civic is renowned for incredible mechanical and engine reliability.
- Great resale value – Civics have consistently high resale values across multiple generations.
- Good residual values – Due to its popularity, Civics tend to have higher residual values for leasing.
- Affordable to own – Civics are inexpensive to maintain and insure which enhances value.
According to CarEdge, the Civic depreciates by just 33% after 5 years. This is an impressively low amount for an economy compact car.
Civic Depreciation by Year
| Years Owned | Percent Depreciation |
|---|---|
| 1 Year | 15% |
| 2 Years | 22% |
| 3 Years | 27% |
| 5 Years | 33% |
The Civic shows gradual depreciation in line with its reputation as a highly dependable, economical car. This makes it an excellent choice for retaining value.
Toyota 4Runner
Toyota’s 4Runner midsize SUV is the final vehicle worth highlighting for exceptional value retention. It offers qualities like:
- Great build quality and durability – 4Runners are very capable vehicles for offroad and outdoor adventures.
- Excellent reliability and owner loyalty – Owners praise their 4Runners for dependability and keep them for years.
- Strong residual value – The 4Runner maintains higher used and residual values due to Toyota’s reputation.
- High safety marks – It earns top safety ratings which appeals to buyers even years later.
According to iSeeCars, the 4Runner retains 70% of its value after 5 years which is almost unheard of depreciation.
4Runner Depreciation by Year
| Years Owned | Percent Depreciation |
|---|---|
| 1 Year | 9.7% |
| 2 Years | 14.7% |
| 3 Years | 22% |
| 5 Years | 30% |
The 4Runner essentially levels off at 30% depreciation – an incredible rate for a vehicle purchased new. It’s a top choice for retaining value.
Conclusion
When shopping for vehicles, it’s always smart to consider depreciation costs. Toyota trucks like the Tacoma and 4Runner are consistent standouts when it comes to value retention thanks to brand reputation and proven reliability. The Wrangler and WRX also perform well due to fun driving experiences combined with dependability. For an economical choice, the Honda Civic cannot be beat for its gradual depreciation and stellar owner reputation over multiple decades. Focusing on low depreciation vehicles allows buyers to get more return when they eventually sell or trade-in.
