5 Cars With the Best Resale Value
The standard wisdom is that your car depreciates in value as soon as it leaves the lot. Its value doesn't completely fall off a cliff, however, unless you decide to run it into the ground or buy a model not known for its longevity. The folks at auto pricing and valuation site Kelley Blue Book note that depreciation costs a car owner more than gas, maintenance or insurance during the first five years of new-car ownership.
Kelley Blue Book has been publishing its residual value guide since 1981 and knows a thing or two about resale value. That "blue book" value used car buyers talk about when pricing a vehicle? Yeah, they're the same guys, and they've been handing out their Best Resale Value Awards since 2003.
The 2013 model year's entries are going to make Toyota
There are only a handful of cars that give owners a big portion of their investment back five years later. According to Kelley Blue Book, the following vehicles are a car buyer's best chance of getting half of their money back or more once it's time to sell: