When it comes to buying a car, one of the key factors to consider is its resale value. A car with high resale value means you’ll get a better return on your investment when it’s time to sell or trade in your vehicle. Here are seven cars with the highest resale value that stand out in 2024:
1. Toyota Tacoma
The Toyota Tacoma continues to dominate the midsize pickup truck market with its exceptional reliability and strong resale value. Known for its durability and off-road capabilities, the Tacoma remains a favorite among truck enthusiasts.
What We Liked
- Excellent off-road capability
- Advanced safety features
- Durable and reliable
What We Disliked
- Lazy acceleration
- Weird infotainment technology
Review
2. Jeep Wrangler
Renowned for its rugged design and off-road prowess, the Jeep Wrangler holds its value exceptionally well. Its timeless appeal and strong fan base contribute to its high resale value, making it a smart investment for adventure seekers.
What We Liked
- Classic design
- Open-air driving option
What We Disliked
- Poor fuel economy
- Limited cargo space
Review
3. Subaru Outback
The Subaru Outback’s combination of versatility, reliability, and safety features ensures it retains its value over the years. This popular crossover is well-loved for its all-wheel-drive capability and comfortable ride.
What We Liked
- Excellent standard features
- High safety ratings
- Fuel efficient
What We Disliked
- Mediocre performance
- Noisy ride
Review
4. Honda Civic
A staple in the compact car segment, the Honda Civic boasts excellent fuel efficiency, reliability, and a strong resale value. Its reputation for quality and dependability makes it a consistent top choice among buyers.
What We Liked
- Excellent fuel economy
- Spacious and comfortable
- Top notch warranty
What We Disliked
- Limited rear visibility
- Slow infotainment technology
Review
5. Toyota 4Runner
With its robust build and impressive off-road capabilities, the Toyota 4Runner is another SUV that maintains a high resale value. Its long-lasting performance and strong resale value make it a great choice for those seeking a reliable and rugged vehicle.
What We Liked
- Durable and reliable
- Strong towing capacity
- Top notch build
What We Disliked
- Meh exterior
- Poor fuel economy
Review
6. Porsche 911
The Porsche 911 is not just a high-performance sports car; it’s also an excellent investment. Its iconic design, exceptional driving experience, and brand prestige contribute to its strong resale value, making it a desirable option for car enthusiasts.
What We Liked
- Superb performance
- Advanced technology
- Top notch warranty
What We Disliked
- Will burn your pockets
- Limited back seat space
Review
7. Tesla Model 3
The Tesla Model 3 has rapidly gained a reputation for its innovative technology and electric efficiency. As demand for electric vehicles continues to rise, the Model 3’s strong resale value reflects its popularity and the growing market for sustainable transportation.
What We Liked
- Impressive electric range
- Full self-driving option
- Top notch warranty
What We Disliked
- Tight interior space
- High initial cost
Review
Choosing a car with a high resale value can significantly impact your long-term ownership costs. These seven vehicles stand out in 2024 for their ability to retain value, ensuring you get the most out of your investment when it’s time to sell or trade in.
