The vehicles of 2022 with the best resale values

2022 Toyota Tundra TRD Pro nose

According to the Kelley Blue Book, no vehicle holds its value more than the 2022 Toyota Tundra.

With the cost of new cars, trucks, minivans and SUVs averaging $47,148 as of May 2022, consumers cannot be blamed for wanting a vehicle that retains its value more than others, especially for those who own their vehicle usually trade in every few years.

If you’re looking for vehicles that have a superior residual value, Kelley Blue Book’s 20th Annual Best Resale Value Awards is a good place to start. KBB is one of the automotive industry’s used car valuation leaders and has published its list of new cars, trucks, minivans and SUVs that are expected to retain the highest percentage of their original price as used cars.

Some brands have better resales than others

But not all brands are the same.

Both Lexus and Toyota are considered the brands with the highest resale value.

“New car buyers who buy from Toyota or its sibling from the luxury brand Lexus – our winners of Best Resale Value Brand 2022 – can be assured that their vehicle will hold its value quite well over time,” said Janice Yoell, Sr Manager of Valuations for Kelley Blue Book. “Toyota and Lexus are each the best vehicle and luxury brands for 2022 in terms of highest average projected resale value across their entire lineup.”

For Toyota, 2022 marks the sixth year for Best Resale Value: Brand and the third for Lexus for Best Resale Value: Luxury Brand.

However, of the top 10 vehicles retained, Ford tied with Toyota with three vehicles each in the top 10. General Motors has two, Stellantis and Tesla each have one.

Why it matters

new cars
Which vehicle you choose can make a big financial difference when trading in?

The value of your vehicle counts at the time of the trade-in. Overall, KBB says that after five years with 75,000 miles on the clock and in average condition, the average 2022 model year vehicle will retain 43% of its original value.

That means your new $45,000 car is worth $19,350 after five years. If you choose one of the vehicles in KBB’s top 10 that are likely to have a residual value of 56% or more, you’ll end up with a vehicle worth between $25,200 and $31,500 or more.

Remember that market conditions affect resale value as prices fluctuate with market demand. These values ​​are therefore guidelines at best. But which vehicles are resale stars? Just look.

2022 Top 10 vehicles with the best resale value

2022 Ford Maverick - in the grass
The 2022 Ford Maverick starts at under $20,000 and goes for around $38,000.

1. Toyota Tundra – 70.2% ($38,950 to $74,320)

2. GMC Sierra – 60.8% ($36,295 to $80,395)

3. Toyota Tacoma – 60.6% ($27,150 – $46,585)

4.Ford Maverick (tie) — 59.5% ($19,995 to $25,860)

4. Chevrolet Corvette (tie) — 59.5% ($60,900-$72,850)

6. Toyota 4Runner – 58.6% ($38,105 – $52,920)

7. Tesla Model X – 57.6% ($104-900-126,490)

8. Ford F-Series – 57.3% ($38,545-$80,050)

9. Ford Ranger – 56.7% ($27,900-$39,465)

10. Jeep Gladiator – 56.1% ($36,085 – $53,170)

Best resale value: SUVs

2022 Kia Telluride
The 2022 Kia Telluride retains 51.9% of its value after five years.

Subcompact SUV: Subaru Crosstrek – 52.3% ($23,145 – $36,345)

Compact SUV: Subaru Forester – 47.2% ($25,895-$35,995)

Midsize SUV (2-row): Subaru Outback – 45.2% ($27,645-$40,645)

Midsize SUV (3-row): Kia Telluride – 51.9% ($33,390-$45,190)

Full-Size SUV: GMC Yukon – 47.2% ($51,600-$72,500)

Off-Road SUV: Toyota 4Runner – 58.6% ($38,105-$52,920)

Best Resale Value: Luxury SUVs

The received value of the 2022 Lincoln Aviator is the best among three-row mid-size SUVs.

Luxury subcompact SUV: Volvo XC40 – 39% ($34,100-$41,850)

Luxury Compact SUV: Mercedes-Benz GLB – 41.1% ($38,600-$49,950)

Mid-size luxury SUV (double-row): Land Rover Range Rover Velar – 36% ($57,200-$77,300)

Midsize Luxury SUV (3-row): Lincoln Aviator – 41.5% ($51,780-$88,780)

Full-size luxury SUV: Lexus LX – 45.2% ($86,930 – $91,930)

Best Resale Value: pickups, minivans

The 2022 Toyota Sienna retains the greatest value in its class.

Compact Pickup: Ford Maverick – 59.5% ($19,995-$25,860)

Midsize Pickup: Toyota Tacoma – 61.7% ($27,150-$46,585)

Full-Size Pickup: Toyota Tundra – 70.2% ($38,950 – $74,320)

Full-size heavy-duty pickup: GMC Sierra 2500 HD – 63% ($42,295 – $67,195)

Minivan: Toyota Sienna – 50.3% ($35,285-$50,725)

Best resale value: electric vehicles

Hybrid Vehicle: Toyota RAV4 Hybrid – 50.1% ($29,575-$40,300)

Driving a 2022 Honda Civic Si
The Honda Civic 2022 is the compact car with the best value retention.

Electric Vehicle: Ford Mustang Mach-E – 37.9% ($43,895-$61,995)

Luxury Electric Vehicle: Tesla Model X – 57.6% ($104,990-$126,490)

Best resale value: cars

Economy: Honda Civic – 49.8% ($22,550-$29,150)

Midsize Car: Honda Accord – 42.5% ($26,520-$38,450)

Sports Cars: Chevrolet Corvette – 59.5% ($60,900-$72,850)

Entry-level luxury car: Lexus IS – 39% ($39,125-$41,125)

Luxury Car: Lexus LS – 35% ($76,100 to $82,950)

#vehicles #resale #values

Be the first to comment

Leave a Reply

Your email address will not be published.


*