5 Japanese Cars With the Highest Resale Value, According to Experts
It's safe to say most drivers want to get their money's worth out of their vehicle. After three years of ownership, the average car loses 39% of its value, according to Kelley Blue Book. By five years, it's lost more than half (55%) of its value.
Some Japanese cars retain their value far better than average however. If you want a car that retains its value well, try these Japanese superstars that keep punching long after other cars go out to pasture.
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Average depreciation after three years: 19%
Amazingly, the 2022 Toyota 4Runner has depreciated at half the pace of the average car.
'The 4Runner is unique,' explained Leon Huang, CEO of auto component manufacturer RapidDirect. 'It's one of the last body-on-frame SUVs in its class, which gives it rugged appeal and off-road credibility. Its mechanical simplicity and strong secondary market interest keep its value remarkably high.'
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Average depreciation after three years: 21%
The 4Runner isn't the only Toyota to dramatically outperform its peers on resale value.
Alex Black, chief marketing officer for EpicVIN, said there's no shortage of demand for the reliable pickup. 'Tacoma is especially a monster in the secondary market. It's a midsize pickup that folks know they can make last indefinitely and there's always someone who wants it.'
Average depreciation after three years: 22%
The Subaru Crosstrek similarly sells well as a used car.
Zander Cook co-founded Lease End, which helps car renters buy their leased cars. 'The most popular Japanese car for lessees to buy out is the Crosstrek.' And it shows in its high resale value.
Average depreciation after three years: 24%
For decades, the Honda Civic has retained its crown as one of the most popular cars in the U.S.
Americans love them — and not just when they're brand new. 'The Civic is one of the best vehicles for the money because of the low MSRP and the slow depreciation,' said Melanie Musson, automotive expert with AutoInsurance.org. 'It's extremely reliable and expected to reach higher miles than other comparable vehicles.'
Average depreciation after three years: 26%
Hondas in general retain their value well, because the company produces long-lasting cars.
'Compact SUVs are a high-demand segment and the CR-V leads with its fuel efficiency, low maintenance costs and bulletproof powertrain,' Huang added. 'It's a smart value buy and continues to command strong prices even after five to seven years of ownership.'
Whether you plan to drive a car for decades or trade up after a few years, you want a reliable car that retains its value. Other strong resale vehicles include the Honda Accord (26% depreciation after three years), Subaru Impreza (27%), Subaru Forester (28%) and Lexus RX 350 (29%).
Editor's note: Each vehicle's average depreciation was sourced from Kelley Blue Book.
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Sources
Leon Huang, RapidDirect
Alex Black, EpicVIN
Zander Cook, Lease End
Melanie Musson, AutoInsurance.org
This article originally appeared on GOBankingRates.com: 5 Japanese Cars With the Highest Resale Value, According to Experts
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