10 cars that retain their value best after the first 5 years of use
Used cars are holding their value better than in previous years, most of which are SUV and sedan models from American and Japanese brands.
In the context of new cars constantly facing shortages, the value of used cars is increasing. Recently, the market research and car buying consulting company iSeeCars, headquartered in Boston, USA, has just conducted surveys on the depreciation rate and the ability to retain the value of car models sold in the US after 5 years of use.
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On average, each car loses about 33.3% of its value after 5 years of use. |
Specifically, based on the analysis of sales data of more than 3 million cars sold in the US recently, iSeeCars has given the depreciation rate of car models after 5 years of operation. The survey and analysis results of iSeeCars show that on average, each car depreciates about 33.3% after 5 years of use. Compared to 2021, the average depreciation rate (depreciation) of each used car in the US after 5 years decreased by 17%. Mr. Karl Brauer - iSeeCars expert said:“The scarcity of used cars due to pandemic-related disruptions to new car production has helped used car prices hold their value better than in previous years.”.
Among the 10 cars that hold their value best after the first 5 years of use, Jeep takes the top two spots with the Jeep Wrangler and Wrangler Unlimited models. Specifically, according to iSeeCars, after the first 5 years of use, the Jeep Wrangler only depreciated 7.3%, equivalent to $2,361, compared to the original selling price. Meanwhile, the Jeep Wrangler Unlimited also depreciated only 8.7%, equivalent to $3,344.
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10 cars that retain their value best after the first 5 years of use. Source: iSeeCars |
With its rugged design, the Jeep Wrangler is becoming a timeless and increasingly popular model. Therefore, it is no surprise that these two Jeep models continue to hold the top two positions in the Top 10 cars that hold their value best after the first 5 years of use.
The next two positions belong to Porsche 911 and Toyota Tacoma, with depreciation rates of 14.6% and 14.9% respectively after the first 5 years of use. In particular, with Toyota Tacoma, the owner who bought the car new and used it for 5 years only spent about 5,926 USD on depreciation.
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Most of the car models that hold their value best are SUVs and sedans from brands from the US and Japan. |
Positions 5-7 on the chart belong to Honda Civic (16.3%), Subaru BRZ (18.2%) and Ford Mustang (19.4%).“Through the survey, we found that the value of car modelssportThey spiked after the lockdown began and are still the models that hold their value well in the used car market today.”. Karl Brauer shared. The remaining models on this list include the Toyota Corolla, Nissan Versa and Chevrolet Camaro.