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The cars, trucks and SUVs with the best trade-in value

The cars, trucks and SUVs with the best trade-in value

When it comes to buying and selling a car, the trade-in value is extremely important. A new car that loses value faster than its rivals can cost you money due to a lower resale value or the ability to pay more than what it could be worth in a long-term loan. Therefore, choosing a vehicle with a solid resale value can save you a lot more money in the long run. KBB’s annual Best Resale Value Awards make it easier to find real long-term value.

• 10 Best Total Resale Values ​​of 2022

• 2022 Best Trade-In Value SUVs

• 2022 Best trade-in value cars

• 2022 Best Trade-In Value Trucks, EVs, Minivans

• 2022 Best Trade-In Value Brands

10 Best Total Resale Values ​​of 2022

Kelley Blue Book’s annual Best Resale Value Awards recognize the 10 individual vehicles expected to retain the highest percentage of their original MSRP. This list represents the best of the best and the threshold for this honor is high.

These vehicles hold their value better than 95% of all other models. While the average new vehicle will be worth about 40% of the original sticker price after 60 months, these 10 vehicles will return an average of more than 59% in the pockets of their owners. For a $35,000 vehicle, that’s a meaningful difference of about $6,650 over a 5-year buy-own-sell cycle. Therefore, choosing a car with a good resale value can often save you more money in the long run than chasing big discounts and other incentives. Here’s KBB’s list of the 10 best total resale values ​​of 2022.

Best trade-in value top 10 for 2022
rank

Fashion model

5 year sales value

1

2022 ToyotaTM,
-1.95%
Tundra

70.2%

2

2022 GMC Sierra

60.8%

3

2022 Toyota Tacoma

60.6%

4

2022 Ford F,
-3.99%
Maverick (tie)

59.5%

4

2022 Chevrolet Corvette (tie)

59.5%

6

2022 Toyota 4Runner

58.6%

7

2022 Tesla TSLA,
-3.12%
Model X

57.6%

8

2022 Ford F Series

57.3%

9

2022 Ford Ranger

56.7%

10

2022 Jeep Gladiator

56.1%

Best Trade-In Value 2022: SUVs

2022 Subaru Cross Trek

The Subaru Crosstrek

Subaru

Trade-in value: 52.3%
Type: Sub-compact SUV
Starting Price: $22,645

2022 Subaru Forester

Trade-in value: 47.2%
Type: compact SUV
Starting Price: $25,395

2022 Subaru Outback

Trade-in value: 45.2%
Type: 2-row mid-size SUV
Starting Price: $27,145

Also see: The 2023 Subaru Solterra review: Rejoice Subaru fans, there’s now an electric compact SUV

2022 Kia Telluride

The Kia Telluride

kia

Trade-in value: 51.9%
Type: 3-row mid-size SUV
Starting Price: $33,090

2022 GMC Yukon

Trade-in value: 47.2%
Type: Full Size SUV
Starting Price: $52,100

2022 Toyota 4Runner

Trade-in value: 58.6%
Type: Off-road SUV
Starting Price: $37,605

2022 Volvo XC40

The Volvo XC40

Volvo

Trade-in value: 39.0%
Type: Sub-compact luxury SUV
Starting Price: $35,100

2022 Mercedes-Benz CAP

Trade-in value: 41.1%
Type: compact luxury SUV
Starting Price: $38,600

2022 Range Rover Velar

Trade-in value: 36.0%
Type: 2-row mid-size luxury SUV
Starting Price: $58,300

2022 Lincoln Kite

Trade-in value: 41.5%
Type: 3-row mid-size luxury SUV
Starting Price: $51,780

2022 Lexus LX

Trade-in value: 45.2%
Type: Full Size Luxury SUV
Starting price: $88,245

Do not miss: Eight top plug-in hybrids for $40,000 or less

Best trade-in value 2022: cars

2022 Honda Civic

The Honda Civic

Honda

Trade-in value: 49.8%
Type: compact car
Starting Price: $22,350

2022 Honda Accord

Trade-in value: 42.5%
Type: medium car
Starting Price: $26,120

2022 Chevrolet Corvette

The Chevrolet Corvette Z06 from 2023

Chevrolet

Trade-in value: 59.5%
Type: Sports car
Starting price: $60,900

2022 Lexus IS

Trade-in value: 39.0%
Type: entry-level luxury car
Starting price: $39,850

2022 Lexus LS

Trade-in value: 35.0%
Type: Luxury car
Starting Price: $77,075

Best trade-in value 2022: trucks, EVs, minivans

2022 Toyota RAV4 Hybrid

The Toyota Rav4 Hybrid

Toyota

Trade-in value: 50.1%
Type: hybrid car
Starting Price: $29,075

Checking out: The 2022 Hybrid Honda CR-V vs. the Hybrid Toyota RAV4 – Which Is Better?

2022 Ford Mustang Mach-E

The Ford Mustang Mach-E

Ford

Trade-in value: 37.9%
Type: Electric Vehicle
Starting Price: $43,895

2022 Tesla Model X

Trade-in value: 57.6%
Type: Electric Luxury Vehicle
Starting Price: $104.990

Also see: The pros and cons of electric cars

2022 Toyota Siena

Trade-in value: 50.3%
Type: Minibus
Starting Price: $34,710

2022 Ford Maverick

The Ford Maverick

Ford

Trade-in value: 59.5%
Type: compact pickup
Starting Price: $19.995

2022 Toyota Tacoma

Trade-in value: 61.7%
Type: Medium Pickup
Starting Price: $26,700

2022 Toyota Tundra

Trade-in value: 70.8%
Type: Full Size Pickup
Starting Price: $35,950

2022 GMC Sierra HD

Trade-in value: 63.0%
Type: Heavy Pickup
Starting price: $38,200

Best trade-in value 2022: brands

Best brand: Toyota

Toyota takes the title for the fifth time in six years with five category wins.

Best Luxury Brand: Lexus

Lexus returns to the podium and wins this award for the seventh time.

Read10 top hybrids for under $30,000

What is resale value?

At some point, you may want to sell your car. The resale value is the predicted market value of your car, truck or SUV when it comes time to sell.

How does Kelley Blue Book determine which cars have the best resale value?

Kelley Blue Book’s Best Resale Value Awards are based on forecasts from the Kelley Blue Book Official Residual Value Guide† Kelley Blue Book Residual values ​​are determined by experienced automotive analysts who assess the output of statistical models based on millions of transactions. Vehicles with the highest 5-year residual value, expressed as a percentage of the manufacturer’s original MSRP, are selected for these prestigious awards. Small volume vehicles are excluded from price consideration, except in the electric, luxury and sports car categories.

Does resale value really matter?

Yes. If you choose the right model, you can be sure that you have made the right decision. If a vehicle has a high trade-in value, that means it will be worth more when it comes time to trade-in. This is a great way to lower your overall vehicle costs, something we can all use in these uncertain times.

About the Best Resale Value Awards

Kelley Blue Book’s Best Resale Value Awards are annual recognitions given to the brands and vehicles that do their best to maintain their value.

Kelley Blue Book’s trading stock is the valuation of vehicles. We have 95 years of experience in determining what cars are worth. With a comprehensive dataset of vehicle specifications, equipment, sales volume, economic conditions and auction results, Kelley Blue Book can predict and track vehicle depreciation. That information is free and is provided on our site as a helpful resource to help you choose the right vehicle to meet your wallet and transportation needs.

Our car values ​​are also used by dealers, lenders and private parties in determining the trade-in amount, determining lease rates and purchase prices. Vehicles with the lowest depreciation rate, as determined by our valuation team, are the basis for the Best Resale Value Awards. This recognition goes to the products and brands that retain the highest value during the first 60 months of ownership.

This story originally ran KBB.com.