There are plenty of benefits to buying a car that retains its value. For one, choosing a vehicle that boasts good resale value can save you money in the long run. Choosing a car with good resale value is also a good idea if you plan to sell your car one day.
That’s what makes perusing the ‘The Kelley Blue Book Best Resale Value Awards’ so interesting. These awards recognize 10 vehicles predicted to retain the highest percentage of their original price tag. Being included in Kelley Blue Book’s resale value awards is no easy feat either. As Kelley Blue Book explains, “While the average new vehicle will be worth about 36 percent of its original sticker price after 60 months, these 10 vehicles will return an average of about 56 percent to their owners’ pockets.”
These SUVs offer the best resale value for 2021
If you’re in the market for an SUV, Kelley Blue Book’s award winners offer up no shortage of choices. If it’s a subcompact SUVs that you fancy, Kelley Blue Book recommends looking no further than the 2021 Subaru Crosstrek, which offers the best resale value among subcompact SUVs. Kelley Blue Book also included the Subaru Forester, which offers the best resale value among compact SUVs, and the 2021 Subaru Outback, which offers the best resale value among two-row SUVs.
But those aren’t the only SUVs Kelley Blue Book included in its ‘Best Resale Value Awards.’ It also recognized the award-winning 2021 Kia Telluride for having the best resale value of three-row midsize SUVs. Meanwhile, the 2021 GMC Yukon was able to take the top spot among full-size SUVs. And if it’s an off-roader that you’re after? According to Kelley Blue Book, the Jeep Wrangler retains its value the best when it comes to off-roading SUVs.
Now, maybe you’re looking to treat yourself. If that’s the case, start with the 2021 Volvo XC40, which according to Kelley Blue Book, retains its value better than other subcompact luxury SUVs. As for which luxury SUV retains its value the best? That honor went to the 2021 Porsche Macan. Kelley Blue Book also recognized luxury SUVs such as the 2021 Range Rover Sport, BMW X7, and the 2021 Mercedes-Benz G-Class.
Kelley Blue Book says these 2021 cars have the best resale value
If you aren’t in the market for an SUV, there are other options to consider. In fact, according to Kelley Blue Book, several cars offer unbeatable resale value. Take, for instance, the 2021 Subaru Impreza or the 2021 Toyota Camry. And if you’d prefer a luxury car? According to Kelley Blue Book, the 2021 Lexus IS and Lexus LS both retain their value the best among luxury cars. Or maybe a sports car is more your style? Fortunately, you can count on the 2021 Chevrolet Corvette to retain its value over time.
Pickup trucks with the best resale value for 2021
There’s no denying that pickup trucks are a popular choice among new car shoppers. And why not? They’re capable of handling pretty much anything. Fortunately, according to Kelley Blue Book, there are a handful of trucks that offer the best resale value. Unsurprisingly, the 2021 Toyota Tacoma stole the show for having the best resale value among the midsize truck segment.
If you need a full-size truck, however, you might want to consider the 2021 Toyota Tundra. According to Kelley Blue Book, this year’s Tundra offers the best resale value among full-size trucks. For a heavy-duty pickup truck that offers the best resale value, check out the 2021 GMC Sierra HD.
Why your car’s worth is important
You’re buying a new car now but down the road? You might find yourself wanting to sell it. That’s where resale value comes into play. Fortunately, Kelley Blue Book has already done the heavy lifting. So if you’re in the market for a vehicle that’s known for retaining its value? Try taking a few of Kelley Blue Book’s award winners out for a test drive.