We’ll venture the bold assumption that you’ll want to sell your car for as much money as you can. You want to recover as much of the cost of the investment as you can because it was expensive. All cars lose value over time, but some do it more quickly than others.
IntelliChoice calculated the average retained values for a brand’s full model portfolio over a five-year period to find out. These estimates allow us to identify which manufacturers’ vehicles have better depreciation resistance. Let’s talk about the automobile brands that lose value more quickly now that we’ve determined which ones do so the best.
In This Article...
Mini: 50.4 Percent Retained Value
A fairly, well, small percentage of drivers are drawn to Mini automobiles because of its size, which lives up to its name. Models with charming aesthetics and nimble handling, like the retro Cooper, sporty Countryman crossover, or funky Clubman wagon, attract drivers with an eye for fashion and a sense of adventure but, more crucially, who can manage their diminutive dimensions. However, doubts about future worth may put buyers’ first enchantment to rest. The Countryman and Clubman receive a Poor five-year cost of ownership rating from IntelliChoice. Furthermore, we weren’t too impressed by the brand’s recent attempts at electrification. As joyful as Mini’s cars are to look at and drive, the brand’s market position is indicated by its value retention rate of 50.4%.
Mazda: 49.3 Percent Retained Value
Mazda doesn’t compare to other Japanese brands in terms of name recognition, lineup diversity, or value despite producing some of the best-looking and best-driving mainstream cars on the market. Even though the Mazda3 and Miata have sizable fan groups, those and other models may place a greater emphasis on driving characteristics than general utility. The Mazda6 lagged behind rival sedans until it was recently discontinued, while the CX-30 and CX-9 are less adaptable than rival crossovers. Although we usually love driving a Mazda, its value retention rate of 49.3 percent isn’t as high as that of its primary rivals. Possibly the brand’s next, higher-end vehicles will hold their value longer.
Kia: 47.7 Percent Retained Value
Kia has put a lot of effort into keeping up with its rivals in terms of quality, dynamics, and design. Want proof? The Sorento is back and even better than before, the Telluride won our competition for SUV of the Year, and the Optima’s makeover into the K5 gave this sedan new life. However, despite their appeal in other areas, Kia’s automobiles behind with an average value retention rate of 47.7% during a five-year period. Despite its extensive standard warranty and genuinely enticing options, that is the case. Even while we enjoy driving the Telluride and the sporty Stinger, Kia still needs to improve as evidenced by their respective Mediocre and Poor IntelliChoice scores.
Hyundai: 47.1 Percent Retained Value
Hyundai strives to match the reputation for quality and durability of Toyota and Honda, much like its corporate rival Kia. The long-term value proposition of Hyundai doesn’t appear to have been significantly impacted by a lengthy warranty or a group of very regarded experts. Models like the Sonata, Palisade, and Tucson serve as indicators of how far the brand’s products have come. However, Hyundai’s 47.1 retained value % suggests that it needs to do more to earn the trust of customers who value their money.
Volkswagen: 46.9 Percent Retained Value
Volkswagen’s image for quality suffered as a result of the Dieselgate incident, even though the company didn’t have a very strong one to begin with. Volkswagen lacks American and Asian rivals in mass-market appeal, even with more recent models like the Tiguan or Atlas, which only manage Average or Mediocre IntelliChoice value scores depending on trim. A shorter warranty is detrimental to its cause. Volkswagen is planning a number of electric vehicles, which might assist the company’s current 46.9% value retention percentage.
Nissan: 45.6 Percent Retained Value
Nissan has struggled to gain momentum and maintain its competitive position after a high-level organizational restructuring. It is currently working on refreshing its stale lineup. We were impressed by some of those efforts, like the Rogue and Sentra. Others, such as the legendary Z sports vehicle or the Pathfinder, stop at simply spiffing up antiquated platforms and engines. Despite the merits of Nissan’s engineering advancements, only a small percentage of its vehicles receive Good IntelliChoice value scores; the majority are ranked at Average, Mediocre, or Poor in terms of ownership costs. Nissan has a dismal 45.6 percent average value retention over a five-year period.
Buick: 42.3 Percent Retained Value
What does Buick mean today? Buick doesn’t seem to be confident in itself. Due to the brand’s current inventory consisting solely of SUVs, its tradition of opulent vintage sedans has come to an end. All of those models aren’t particularly terrible, but they don’t do much to change the outdated perception of Buick. Additionally, Buick’s uncertain positioning does not help. Does it aim for real luxury to compete with the best in the field, or does it aim for a premium experience at entry-level pricing? We believe Buick requires revival and a more focused course. If and when it occurs, it might improve the lineup’s average value retention, which is 42.3 percent.
Mitsubishi: 41.3 Percent Retained Value
Many of the Mitsubishi vehicles we’ve evaluated are affordable, but not just financially. We’ve encountered subpar engineering and craftsmanship in Mitsubishi cars, which leads to dull driving experiences. The Mirage and Eclipse Cross are among the least expensive options in their respective sectors, which is obvious from their flimsy construction and crude driving characteristics. Credit should be given for the previous Outlander’s available electric driving range, but the revamped three-row SUV fails to impress. Mitsubishi’s value retention rate of 41.3% is significantly lower than that of other brands. Every other Mitsubishi has a Mediocre or Poor IntelliChoice ownership rating, leaving just the outdated Outlander Hybrid.
Chrysler: 40.2 Percent Retained Value
Any carmaker would find it challenging to maintain a two-model lineup, especially if those options are designed to compete in some of the least-wanted segments of the market. But Chrysler is going in that direction. Despite having advantages of its own, the 300 sedan and Pacifica minivan just do not appeal to the tastes of contemporary drivers. Only a layer of gradual improvements can hide the 300’s deterioration. Considering that it is a minivan, the Pacifica (and its fleet-only Voyager counterpart) is actually rather decent. Although Chrysler’s future is uncertain, introducing models that are contemporary in design could increase the lineup’s average value retention rate of 40.2%.
Fiat: 39.5 Percent Retained Value
Fiat’s tiny, quirky cars briefly appeared ready to inject some Italian panache into the compact car market. But that period has passed, and it is now clear that Fiats are less attractive than they once were. The 500X subcompact crossover is the only vehicle currently offered by the brand. Its cute design and standard AWD can’t make up for its sloppy driving manners and shoddy construction. Fiat’s abysmal 39.5 percent retention rate is the weakest among major brands because the 500X symbolizes the complete lineup.
How can I determine my car’s market value?
Getting the best price for your car should be your top priority when it comes time to sell it. However, determining the best resale value can be a little intimidating. By using tools provided by various websites, there are some actions you may do to assist in determining a fair and realistic resale price for your used car.
Three of the most well-known websites offering tools to estimate resale value are Kelley Blue Book, Edmunds, and NADA Guides (also called residual value, retained value). Each website calculates your car’s appraised worth using its own set of criteria. You’ll have a better notion of the resale value of your car if you use all three tools.
In general, the following elements are taken into account when determining how much a buyer will pay for your used car:
- The predicted depreciation of a car over the next three, four, and five years is sometimes the most crucial factor to consider when making a purchase. Owners are occasionally shocked to see how much their vehicle has depreciated over the course of ownership upon selling it. The experts claim that after five years, the typical new car only retains roughly 35% of its original worth. However, some automobiles do noticeably better than others. The value of the resale will probably be higher if yours is one of them.
- market circumstances
- How is the market doing right now? Are there favorable financing options for used car buyers? What a private buyer is willing to pay you for your automobile may depend on how many vehicles similar to yours are leaving lease and being offered for sale on dealer lots. Same goes if you’re trying to trade in a car and want the dealer to pay you top dollar. What he will offer you as a trade-in price will be proportionately lowerpossibly a lot lowerthan you’d want if there are already dozens of vehicles similar to yours on his lot.
- brand impression
- Used car buyers want a winner, so they’re more likely to give you a better deal on a more prominent brand or one with a solid track record of dependability and quality than they are on a lesser-known or less well-known brand.
- economic prospects
- Selling your old car might be a little more challenging in a recession than it would be in a year with a favorable economic outlook. When the economy is bad, someone looking to buy a car might opt for a used one (like yours) rather than a new one, but you might still get less money for it.
- Demand and supply
- No matter how well you’ve maintained your car, you won’t likely get top cash if there are a lot of them on the market. Of course, you’ll get more money for it than you would for a comparable car that wasn’t maintained as well, but supply and demand always has an impact on how much your automobile is really worth when you want to sell it.
- Popularity
- Let’s say your car is a highly coveted crossover SUV, like the Honda CR-V. You’ll probably obtain a better price from a potential buyer if the used automobile market for this particular vehicle is competitive. The price you receive, though, will likely be lower than you’d want if the automobile you’re selling was never a huge seller.
- Color
- Used automobile buyers typically prefer vehicles in hues that correspond to their level of consumer appeal. Silver, white, and black are some examples. Buyers are less likely to be interested in your car if it is an uncommon or garish hue, or they may offer a price that is lower than you want.
- Options
- Offering prospective buyers what they want to possess is essential when selling a used car. Usually, this entails a car with common extras like antilock brakes (ABS), alloy wheels, leather seats, navigation systems, parking sensors, and backup cameras.
- Condition
- Your car is rated as “excellent” in resale value calculators if it is in good condition. Additionally, there are “outstanding, “clean, “average, “rough,” and “damaged on Edmunds in addition to “very good, “good,” and “fair” (on Kelley Blue Book), “rough trade-in,” average trade-in,” clean retail (what a dealer sells it for), and “clean trade-in.”
- Mileage
- All things considered, a buyer is likely to be willing to pay more for your car if it is five years old and has fewer than 20,000 miles on it than if it has 50,000 or more. In fact, in order to calculate resale value, every calculator asks you to enter miles in one of the data fields (or True Market Value, retained value, residual value).
Are Kias a good investment?
Kia had a reputation for producing inexpensive, subpar cars in the early 2000s. Since then, Kia’s reputation for dependability has significantly increased, and it is now one of the most dependable models and a superb choice for drivers searching for a low-maintenance vehicle.
We’ll discuss Kia reliability information in this evaluation, including typical annual repair costs and typical breakdowns. In order to preserve your Kia in excellent condition for as long as you intend to own it, we also offer guidance on extended warranty protection.
At the end of this post, we’ll introduce you to our two top suggestions after our research team has studied the leading extended vehicle warranty providers. Click below to request free, no-obligation estimates and to start comparing warranty costs right away.
Is the current Kelley Blue Book data accurate?
The Kelley Blue Book, which was literally a blue book, was originally released in 1926. Les Kelley had developed it at the time as a resource for the cars he wished to buy and sell. The Kelley wealth increased during the ensuing decades, KBB subscriptions shot through the roof, and the KBB rose to the top of the list of resources for information on buying and selling cars.
The KBB is still regarded as one of the most reliable sources in the used automobile market today. In order to produce the most precise price estimate possible, KBB uses a vast data bank and advanced computing techniques.
Do Kias have many issues?
bulletins for numerous vehicles that have had engine issues. among the most
Owners and tenants frequently report the following Kia engine issues:
- power loss or stalling
- A knocking noise
- Seizing
- Overheating
- Leaks
- Non-collision flames
- Unpredictable engine failure [1]
Which vehicle maintains its worth the longest?
You could require a new car, but you’re unsure of which model is best for you. You can make the appropriate decisions by being aware of the brands that retain their value the best. then, choose the size or body type that appeals to you the best.
Which automaker’s stock has the best value? We collaborated with IntelliChoice to acquire the five-year average retained value for all of the model lineups from automakers in order to answer this question. All automobiles lose value over time, however some brands’ automobiles do so more slowly than others. Continue reading to learn which brands hold their value the best.
Honda: 52.5 Percent Retained Value
Honda automobiles have excellent quality and dependability, which means they are less prone to depreciation than some other models. Those looking to purchase a used Honda may be sure that whatever vehicle they choose will continue to run for a very long time. Hondas are likely to remain popular even as consumer preferences shift because the brand offers a wide variety of cars and SUVs. Many drivers automatically choose certain of those models, such as the Civic, Accord, Odyssey, or Pilot, only based on brand recognition. They are often pleasant to drive. All of this aids Honda in maintaining a 52.5% value across its lineup. That is, however, the least of all the automakers on this list.
Chevrolet: 52.5 Percent Retained Value
We’ve all witnessed the dependability of Chevrolet cars and trucksjust think of the used SUV, sedan, or truck you’ve seen on the road. Whether they are ferrying the family around or working hard on a jobsite, these cars continue to run smoothly after years of service. Within their respective segments, Chevrolets like the Silverado, Malibu, or Traverse are well-liked vehicles. The Camaro and Corvette are more examples of American performance icons. These have a definite appeal as collectibles and resist devaluation as a result. They have an impact on the 52.5 percent value retention of Chevrolets over that time.
Dodge: 53.3 Percent Retained Value
Dodge cars have strengthnot only horsepower, but also endurance. The company is well-known for its Hemi V-8 engines, which give its cars the ability to burn rubber as well as generate sales among lovers of muscle cars. The Challenger and Charger are mainstays in their respective markets thanks to their ample interior capacity, appealing features, and appealing appearance. That also applies to the Durango, which stands out among three-row SUVs for its raucous personality. Even Dodge cars with V-6 engines, which are more logical, have the same shine as their powerful rivals. It all contributes to Dodges, on average, keeping 53.3 percent of their value.
GMC: 54.6 Percent Retained Value
Drivers turn to GMC when Chevrolets aren’t quite nice enough. All of these General Motors brands produce vehicles that are relatively similar to one another, however GMCs tend to have more premium aims. Some of GMC’s most well-known vehicles include the Yukon full-size three-row SUV, Terrain compact SUV, and Sierra medium pickup truck. Each can be had in Denali trim, which includes additional high-end features and aesthetic elements. The desirable durability and adaptability of GMC cars, in any trim level, contribute to their 54.6 percent value retention over five years.
Ford: 55.1 Percent Retained Value
Ford, one of the industry’s pioneering automakers, has found out how to create cars that are both interesting to drive and reliable for a long period. Ford offers some of the most well-known nameplates in the business, including the Explorer, Escape, Mustang, and F-150. With multiple trim options, engines, and specifications available inside each model, the Blue Oval has a Ford to suit almost every taste. Some drivers won’t settle for anything other than a Ford because of the brand’s rich history and American heritage. All of this results in an average value retention throughout the whole Ford lineup of 55.1 percent.
Subaru: 57.0 Percent Retained Value
Subaru vehicles are versatile, balancing all-wheel drive capability with practicality for daily driving. While the Legacy and Impreza offer comfort and affordability for sedan consumers, crossovers like the Outback and Crosstrek cater to those with an appetite for adventure. For families, the Ascent three-row SUV has grown in popularity. The rally-inspired WRX and STI from Subaru continue to set the bar for fast small vehicles. Regardless of model, Subaru’s 57.0 percent retention over five years may be attributed to feature content, performance, cheap cost of ownership, and safety.
Ram: 58.1 Percent Retained Value
Ram is a manufacturer of pickup trucks with a history of winning Truck of the Year awards for their reliability, capability, technology, and affordability. The larger 2500 and 3500 heavy-duty vehicles, as well as the midsize 1500 truck, all contain segment-leading features and abilities. Whether on a road, off a road, or when towing a huge load, good driving behavior always prevails. The ProMaster vans broaden Ram’s selection of commercial vehicles. Whatever the case, the brand’s well-designed automobiles contribute to its position as a leader, in addition to its remarkable 58.1 percent value retention average across its array.
Jeep: 58.4 Percent Retained Value
Few vehicles can withstand depreciation like the storied Wrangler, making it one of the finest investments in the whole industry. It contributes significantly to the brand’s strong average value retention. The Gladiator, a pickup-based alternative to the Wrangler, doesn’t deviate much from its starting price over time either. Each and every Jeep, from the smaller Renegade to the bigger Grand Cherokee, is designed for off-road capability. The popularity of Jeep is maintained by this as well as its design, feature set, and adaptability. Drivers are thus willing to pay for used cars, as seen by Jeep’s 58.4% value retention.
Toyota: 58.6 Percent Retained Value
Value is a distinguishing feature of Toyota automobiles, regardless of whether they are brand new on a dealer lot or have a six-digit odometer. They are also furnished with features and technology to meet the requirements of modern drivers, in addition to being inexpensive, dependable, and efficient. The Corolla and Camry continue to be popular choices even though consumer demand for sedans is declining in favor of SUVs. There are plenty of SUV alternatives from Toyota, including the RAV4, Highlander, and 4Runner. The value of Toyota’s trucks, the Tacoma and Tundra, is also very high. In addition, drivers who want to save money at the pump continue to favor the Prius hybrid. Together with other models, Toyota has the best brand retention of any automaker, holding 58.6% of its value on average over a five-year period.