While many cars depreciate quickly, some truly stand out for their ability to hold onto their value, and that’s where the Best Resale Value Awards come in. Presented by Kelley Blue Book, these awards highlight vehicles expected to retain a significant portion of their original manufacturer’s suggested retail price (MSRP) over five years of ownership. In 2024, the competition was intense, leading to the emergence of top contenders that promise impressive resale values, potentially saving their owners thousands in the long run.
1. **2024 Ford Bronco**: Leading the pack with an astonishing **66.7%** resale value, the Ford Bronco is more than just a rugged off-roader; it embodies a lifestyle choice. Boasting an unmistakable design and robust capabilities, this vehicle has captured consumer interest, ensuring it maintains a strong presence in the market for years to come. For adventure lovers, this SUV is not just about style; it’s about making a smart investment that holds its value through time.
2. **2024 Toyota Tacoma**: Known for its reliability and durability, the Toyota Tacoma isn’t just a midsize pickup; it’s a workhorse that holds **62.6%** of its value. This truck is designed for the long haul, and its strong resale value reflects its popularity among consumers who need a dependable vehicle that can tackle both daily tasks and outdoor adventures. The Tacoma’s reputation for longevity makes it a smart investment.
3. **2024 Mercedes-Benz G-Class**: This luxury SUV is synonymous with prestige and performance and is projected to retain **61.2%** of its original value. The Mercedes-Benz G-Class is not just a means of transportation; it’s a statement piece that combines ruggedness with luxury. Owning this vehicle is not only about enjoying its premium features but also about making a smart financial decision in terms of resale value.
4. **2024 Toyota Tundra**: This Toyota powerhouse is projected to retain **60.4%** of its MSRP, showcasing its appeal in the truck arena. Built for power, reliability, and versatility, it has become a favorite among truck enthusiasts and families alike. Its ability to tackle tough jobs while offering a comfortable ride means that this model will remain highly sought after long after the initial purchase, ensuring a solid resale value.
5. **2024 Chevrolet Corvette**: As a sports car icon, the Chevrolet Corvette is projected to hold **59.0%** of its value, making it a top choice for performance enthusiasts. The Corvette blends performance with style, resulting in a vehicle that not only satisfies the need for speed but also remains a desirable asset in the used car market. This combination makes it a compelling proposition for anyone looking to own a sports car that holds its value.
6. **2024 Toyota GR Supra**: With its dynamic styling and performance, the Toyota GR Supra is expected to retain **57.2%** of its original value. This sports coupe appeals to a younger demographic and car enthusiasts alike, making it a hot commodity in the market. Its exclusivity and performance metrics ensure that it remains in high demand long after the initial sale.
7. **2024 Toyota Prius**: The Toyota Prius has long been a leader in the hybrid market, and it’s projected to hold **55.3%** of its value. Known for its fuel efficiency and eco-friendly reputation, the Prius is a favorite among environmentally conscious consumers. Its strong demand in the used market ensures that owners benefit from a higher resale value, making it a wise choice for those looking to reduce their carbon footprint while saving money.
8. **2024 Toyota 4Runner**: A beloved classic in the SUV segment, the Toyota 4Runner is expected to retain **54.6%** of its original MSRP. Renowned for its ruggedness and off-road capabilities, the 4Runner attracts adventure seekers who value reliability. Its longstanding reputation ensures it remains a wise investment, providing peace of mind to owners when considering resale or trade-in options down the road.
9. **2024 Porsche 718 Cayman**: This luxury sports car is projected to hold **54.2%** of its value. With its sleek design and exceptional performance, the Porsche 718 Cayman stands out as a top-tier vehicle that offers a thrilling driving experience. Its desirability in the marketplace ensures a strong resale value, making it a smart choice for luxury car buyers.
10. **2024 Ford Maverick**: Completing the list, the Ford Maverick is projected to retain **54.0%** of its MSRP. This compact pickup truck appeals to a wide range of consumers, thanks to its affordability and versatility. Its practicality, combined with a strong demand in the market, ensures that it holds its value well, making it a smart investment for those who appreciate functionality.
11. **2024 Subaru Crosstrek**: This stylish subcompact SUV not only looks great but is also built to maintain a robust resale value of **52.6%**. With its all-wheel drive capabilities, the Subaru Crosstrek appeals to both adventure enthusiasts and daily commuters. Its versatility and dependable performance make it a favorite among buyers, ensuring it holds its value well over time. With an MSRP starting at **$26,540**, it perfectly blends affordability with functionality, creating a sound investment.
12. **2024 Honda CR-V**: The Honda CR-V continues to shine in the compact SUV market with a projected resale value of **52.8%**. Well-regarded for its spacious interior, smooth ride, and excellent fuel efficiency, this model meets the diverse needs of families. Starting at **$30,850**, the CR-V not only fulfills practical requirements but also assures long-term value, making it a popular choice in the used car market.
13. **2024 Hyundai Palisade**: Making waves in the midsize SUV category, the Hyundai Palisade boasts an impressive resale value of **52.6%**. With a starting price of **$38,045**, this SUV provides three rows of seating along with a wealth of family-friendly features. Its stylish design combined with commendable reliability enhances its appeal, ensuring it retains value exceptionally well throughout the years.
14. **2024 Toyota Sequoia**: As a full-size SUV, the Toyota Sequoia offers outstanding functionality with a resale value of **47.2%**. Priced at **$63,125**, it caters to those needing ample space and capability for family trips or heavy-duty tasks. Its solid reputation for reliability helps keep it in high demand within the resale market, making it a smart choice for buyers.
15. **2024 Lexus UX**: This subcompact luxury SUV provides a unique blend of style and performance, projected to retain **44.4%** of its value. Starting at **$36,690**, the Lexus UX is perfect for those who desire the luxury brand experience without compromising on efficiency. Its high resale value is a testament to Lexus’s reputation for quality and reliability.
16. **2024 Lexus NX**: Another impressive entry from Lexus, the NX is a compact luxury SUV with a projected resale value of **39.6%**. Starting at **$40,605**, its advanced technology features and comfortable interior have made it a favorite among discerning consumers. The NX’s strong brand reputation coupled with its desirability in the market ensures it remains a wise investment for those looking for quality and value in their purchase.
17. **2024 Lexus RX**: As a midsize luxury SUV, the Lexus RX upholds the brand’s standards with a resale value of **45.0%**. With a starting price of **$49,950**, this vehicle is designed for comfort and style, making it a popular choice for families and professionals alike. Its strong market presence contributes to its ability to retain value over time.
18. **2024 Mercedes-Benz G-Class**: This luxury full-size SUV holds a stellar resale value of **61.2%**. Starting at **$144,150**, the Mercedes-Benz G-Class is more than just a vehicle; it’s a status symbol. Its unique blend of luxury, ruggedness, and powerful performance ensures that it remains in high demand, preserving its value exceptionally well in the luxury vehicle market.
19. **2024 Ford Maverick**: This compact pickup truck is not just practical but is also expected to retain **54.0%** of its MSRP. With a starting price of **$25,410**, the Ford Maverick offers efficiency and versatility, appealing to a broad range of buyers. Its affordability and strong resale value make it an attractive option for those looking for a functional vehicle that won’t depreciate heavily.
Choosing a vehicle with high resale value is more than just a practical decision; it’s a smart financial strategy that can yield substantial savings over time. The cars highlighted here not only deliver quality and performance but also assure that their owners can recoup a larger percentage of their initial investment when it comes time to sell. By selecting from this impressive lineup, buyers can enjoy a luxurious driving experience while securing their financial future, proving that the right vehicle is truly an investment in both enjoyment and economic efficiency.
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2024 Best Resale Value Awards: Top Cars, Trucks, and SUVs
Kelley Blue Book Announces Winners of 2024 Best Resale Value Awards
The Vehicles With The Best Resale Values, According To Kelley Blue Book Predictions
