October 20, 2024
Invest wisely with the top cars that hold their value best in 2024.
When buying a car, it’s not just about the initial price tag—resale value plays a crucial role in determining the total cost of ownership. Vehicles that hold their value well over time can save you thousands when it’s time to sell or trade in. Here’s a look at the top 10 cars with the best resale value for 2024 in the U.S., ensuring you make a smart investment that pays off down the road.
1. Toyota Tacoma
The Toyota Tacoma has consistently been a standout in the pickup truck segment for resale value. Thanks to its durability, reliability, and off-road capability, the Tacoma has a strong following, keeping demand high even for used models. Its tough build and reputation for lasting performance help it retain its value year after year.
- Notable for: Durability, off-road capability
2. Jeep Wrangler
Few vehicles are as iconic as the Jeep Wrangler, and its resale value is legendary. Known for its rugged design and superior off-road performance, the Wrangler maintains a loyal fan base, keeping used models in high demand. Its unique styling and ability to tackle tough terrain make it a top pick for resale value.
- Notable for: Iconic design, off-road prowess
3. Subaru Crosstrek
The Subaru Crosstrek offers a mix of practicality and adventure-ready capability, making it a favorite among those seeking versatility. Its all-wheel drive, combined with Subaru’s reputation for reliability, ensures that the Crosstrek holds its value well. Buyers are drawn to its durability and great fuel economy, which keeps used prices strong.
- Notable for: Versatility, all-wheel drive
4. Tesla Model 3
Electric vehicles are quickly gaining traction, and the Tesla Model 3 leads the pack in terms of resale value. Its cutting-edge technology, impressive range, and brand reputation for innovation make the Model 3 a desirable option in the used EV market. With increasing demand for electric cars, the Model 3 is poised to retain strong resale value well into the future.
- Notable for: Technology, electric range
5. Toyota 4Runner
The Toyota 4Runner is another SUV with a rock-solid reputation for resale value. This rugged vehicle offers impressive off-road capability while also providing ample cargo space and reliability. The 4Runner’s combination of long-lasting durability and strong brand loyalty make it a hot commodity on the used car market.
- Notable for: Reliability, off-road capability
6. Honda Civic
The Honda Civic continues to be a top performer in the compact car category, offering excellent resale value thanks to its reliability, fuel efficiency, and enduring popularity. The Civic’s reputation for low-cost maintenance and high build quality ensures it remains a go-to choice for buyers looking for a dependable used car.
- Notable for: Fuel efficiency, reliability
7. Chevrolet Silverado 1500
The Chevrolet Silverado 1500 stands out as one of the most popular full-size pickup trucks in America, and its resale value reflects that. With a reputation for strong towing capacity, a variety of powertrain options, and a comfortable interior, the Silverado maintains high demand, especially among those needing a durable work truck.
- Notable for: Towing capacity, durability
8. Ford Bronco
The return of the Ford Bronco has been met with high demand, making it a top contender in the resale value rankings. Its retro styling, off-road capabilities, and customizable features make it a highly sought-after SUV, particularly for adventure enthusiasts. The Bronco’s revival success means strong demand for used models in the years to come.
- Notable for: Off-road capabilities, customization
9. Porsche 911
In the luxury sports car market, the Porsche 911 is a standout for resale value. Known for its timeless design and exhilarating performance, the 911 has a dedicated fan base that helps keep demand high for used models. The 911’s combination of prestige and driving enjoyment ensures it retains value exceptionally well.
- Notable for: Prestige, performance
10. Honda CR-V
The Honda CR-V is one of the most popular compact SUVs in the U.S., and its resale value reflects its high demand. Known for its spacious interior, fuel efficiency, and reliability, the CR-V consistently performs well in the resale market. Its broad appeal makes it an easy choice for buyers looking for a used SUV with great value.
- Notable for: Spacious interior, reliability
Why Resale Value Matters
When purchasing a vehicle, it’s important to consider not only the initial cost but also how much of that cost you’ll be able to recoup when it’s time to sell. Choosing a car with strong resale value can significantly reduce your total cost of ownership, saving you money in the long run. The models on this list are proven to hold their value, ensuring you get the most out of your investment.
