Technology
Cars, trucks with best resale value after 5 years: iSeeCars
- The automotive data and research site iSeeCars.com has compiled a list of the 10 cars that experience the lowest amount of depreciation over a five-year period.
- Six of the 10 spots on the list are occupied by pickup trucks, which depreciate less than any other segment, according to iSeeCars.
- Fiat Chrysler and Toyota each have three vehicles on the list, more than any other automakers.
When deciding to buy a car, one important factor to consider is how much that car will be worth if you decide to sell it. If you know that you sell your car every five years and buy a new one, for example, buying a car that will retain its value over those five years will help defray the cost of your new vehicle.
The automotive data and research site iSeeCars.com has compiled a list of the 10 cars that experience the lowest amount of depreciation over a five-year period. To create the list, the site examined over 4.3 million sales of vehicles from model year 2013 to determine which models lost the least amount of value five years after they were first sold.
“For consumers who buy new vehicles and sell them around the five-year mark, choosing a model that retains the most value is a smart economic decision,” iSeeCars CEO Phong Ly said in a release accompanying the study.
Six of the 10 spots on the list are occupied by pickup trucks, which depreciate less than any other segment, according to iSeeCars. On average, the pickup trucks included in the study depreciated by 41.3%, compared to 51.9% for SUVs and 54.1% for passenger cars.
“The lower depreciation for pickup trucks is likely because it is a growing vehicle segment and their popularity is keeping values high,” Ly said.
Fiat Chrysler and Toyota each have three vehicles on the list, more than any other automakers. Combined, they accounted for four of the top five spots.
These are the ten cars that experience the smallest amount of depreciation over five years.
-
Entertainment6 days ago
‘Only Murders in the Building’ Season 4 ending explained: Who killed Sazz and why?
-
Entertainment5 days ago
When will we have 2024 election results online?
-
Entertainment7 days ago
5 Dyson Supersonic dupes worth the hype in 2024
-
Entertainment4 days ago
Halloween 2024: Weekend debates, obscure memes, and a legacy of racism
-
Entertainment6 days ago
Social media drives toxic fandom. Is there a solution?
-
Entertainment4 days ago
Is ‘The Substance’ streaming? How to watch at home
-
Entertainment4 days ago
M4 MacBook Pro vs. M3 MacBook Pro: What are the differences?
-
Entertainment3 days ago
‘A Real Pain’ review: Jesse Eisenberg and Kieran Culkin charm as odd-couple cousins