Top 10 Cars That Are The Best at Holding Their Value
Automaker supply chain problems caused by pandemic-related issues have drastically affected the car-buying experience. In fact, the pricing of new and used vehicles have also affected how certain models retain their value over time. Based on data analyzed by iSeeCars, cars have been retaining more value over the course of three to five years at greater amounts than they ever have before.
After analyzing over 3 million three-year-old and five-year-old pre-owned cars sold in 2022, the data shows that the average five-year-old car depreciated in value of its MSRP by only 33.3%. When compared to 2021, that is a 17% decrease in its depreciation.
|Top 10 Vehicles with the Lowest Five-Year Depreciation – iSeeCars Study|
|Rank||Model||Average 5-Year Depreciation||Avg $ Difference from MSRP|
|2||Jeep Wrangler Unlimited||8.7%||$3,344|
However, some models fared better in retaining than others in the same time frame, and the Jeep Wrangler seized the top spot with an average depreciation loss of 7.3% after five years, resulting in a difference in MSRP by $2,361. Its four-door cousin, the Jeep Wrangler Unlimited, came in right behind it with a depreciation value of 8.7%.
“The Jeep Wrangler continues to embody the ultimate off-road companion, with timeless styling that keeps it popular long after it has left the new-car showroom,” says iSeeCars Executive Analyst Karl Brauer. “Based on historical data, it’s no surprise these two Jeeps were the best resale value winners in 2021 as well. The Wrangler is essentially the poster child for ‘ Best Resale Value Awards ’.”