The experts at Kelley Blue Book have crunched the data and have released the list of the 2019 best cars for resale value. This annual list is a good reference for new car buyers who want to get the most return for their purchase.
The annual list takes a hard look at depreciation, the single largest expense on a new vehicle costing owners more than fuel, maintenance and insurance combined, to compile a handy reference list.
KBB says “the average new vehicle will be worth about 39 percent of its original sticker price after 60 months, these 10 vehicles will return an average of about 55 percent to their owners’ pockets. For a $35,000 vehicle that works out to a meaningful difference of about $5,700 over a 5-year buy-own-sell ownership cycle. That’s why choosing a car with good resale value can often save you more money in the long run than chasing big rebates and other incentives.”
The survey takes into account factors like “current vehicle specification and trim levels, sales data, market conditions, competition within individual segments, future economic factors and the combined experience of our team of market and pricing analysts.” Researches then take this data and determine the best resale value.
New for this year is the complete absence of cars on the list. For the first time, the list is only made up of pickups and SUVs aligning with the shift in consumer buying habits over the past decade.
Without further ado, here is the top 10 best 2019 pickups and SUVs for resale value.
It is no surprise to many the Toyota Tacoma tops the list of best resale value. The mid-size pickup has been at the top of the list for the past 5 years and used Tacoma buyers know how hard it is to find a good deal on a used model.
While buying a new pickup or SUV is often considered a poor financial decision, there is nothing like having a new vehicle and buying a vehicle with a high resale value can lessen the financial sting of buying a new vehicle.