The purchase of a car is a substantial financial investment that typically offers no high return. Unlike a house, cars lose their value the longer they sit (let alone operate) on the market, so you’re pretty much guaranteed to lose money on the resale of your vehicle.
Still, some vehicles promise a higher return than others. Factoring in the potential resale value can be a significant consideration when you buy a vehicle because you probably won’t drive the car into the ground.
Most people will keep their vehicle for 3 to 10 years and then sell it, and expect to use the money to obtain a newer model. According to Kelly Blue Book, “Over the first five years of new-car ownership, depreciation is a bigger expense than fuel, maintenance or insurance. Simply choosing a vehicle that has better resale value than the others on your shopping list is one of the easiest ways to save money when buying a new car.”
If you’re in search of a vehicle that has dependably solid resale value, you’ll probably want to investigate some of the following vehicles.