Kelley Blue Book has unveiled the winners of the Best Resale Value Awards for 2019. Throughout the first five years of owning a vehicle, depreciation overall costs more than insurance, maintenance, and fuel combined. As such, it’s a good idea to opt for one of these vehicles, which can retain much of their value over time.
Trucks tend to hold their value well, which is why they account for many of the winners on the Best Resale Value Awards list. On average, the capable and powerful Ford F-Series models can retain 50.6 percent of their resale value after 60 months and 57.5 percent after 36 months.
Combining both truck and SUV features, the uniquely-designed Honda Ridgeline retains 51.3 percent of its resale value after 60 months and 63.2 percent after 36 months. After 60 months, the all-new 2019 Chevrolet Silverado holds 53.7 percent of its resale value. The strong GMC Sierra also has an impressive resale value, retaining 56.7 percent after 60 months.
The capable SUV
Made for both on and off-road adventures, the 2019 Jeep® Wrangler snagged the second-highest spot on the list. The SUV retains 58.3 percent of its resale value after 60 months and 66.5 percent after 36 months.
Toyota earned three of the sought-after spots on the list with the 4Runner, Tundra, and Tacoma. According to Kelley Blue Book, the Tacoma has the best resale value of any other 2019 model. The truck retains 62.2% after 60 months and 69.4% after 36 months.
If you’re interested in any of these vehicles, be sure to visit E-Z Way Auto Sales to check out our used vehicle inventory.