Here is one unfortunate fact: your car’s value starts depreciating immediately you take it from the dealer. After one year, a typical car will have lost up to 15 percent of its value.
The good news is, not all cars depreciate the same way. Some car models will retain their value for a long time compared to others. There are those cars whose value will even increase after some time. With these type of cars, you don’t have to worry about depreciation for a long time. Check out this list.
Its average price will decrease by 9% after owning it for one year
Honda has earned a lot of credits by making family-friendly cars and CV-R isn’t an exception. Buying CV-R offers, smaller and sleeker, but fully equipped package of Honda Pilot. Plus, its price will only decrease by 9 percent after owning it for one year.
7Toyota FJ Cruiser
Its average price decreases by 8.7 percent after one year of owning it.
Toyota had a plan of reviving the fame of FJ40 Land Rover Series and that is how FJ Cruiser got into the market. Known to perform best off-road; FJ40 Cruiser has a lot of features to like. But not only that. It is also one of the cars in this list with the slowest depreciating value.
Its average price drops by 8 percent after one year of owning it.
Riding in Mercedes G-Class is one of the amazing experiences any car fanatic could have. Compared to many vehicles in its category, it is quite spacious, strong and performs beyond expectations. G-class is almost like any Mercedes vehicle you will ever come across with a few minor changes, but the best to give a try.
Its average price decreases by 7.9 percent after owning it for one year
Compared to many light workloads on the markets, Nissan Frontier remains at the top as one of the most popular trucks with almost everything to like. It is not a full-sized pick-up, meaning it won’t wear out faster. Its value decreases slowly and at a constant rate of 7.9 percent after a year of purchase.
Its average price decreases by 7.1 percent after owning it for one year
Built to last, the Jeep Wrangler is one of the most popular off-road vehicles with a variety of classic features. It is also one of the sturdiest in its category decreasing at a rate of only 7.1 percent after one year. Jeep Wrangler is one car you would want to buy at first sight.
Its average price decreases by 6.9 percent after owning it for one year
Toyota hoped Tacoma would be an answer to many questions and it did not disappoint. Being one of the lightest trucks on the market, it offers you everything you would get from a full-sized truck. Build sturdily; it is one of the vehicles that will also last you a lifetime by losing only 6.9% of its value after one year.
Its average price decreases by 3 percent after owning it for one year
Subaru is one of the companies known to make high-end vehicles. By buying Impreza, you are signing up for another level of luxury. In addition to comfort and smooth ride, it is also one of the cars that top the slowest depreciating vehicles in America losing only 3 percent of its value after one year. Subaru Impreza is highly recommendable for a Subaru fanatic who wants to enjoy a smooth ride for an extended period.
1Land Rover Range Rover
Its average price increases by 3.3 percent after owning it for one year
If you are looking for a car that will earn you some profit in future, then Land Rover Range Rover is your answer. In fact, it is the only car here whose value will increase after some time of ownership. Being the G-Classes of Upper Middle-class America, they are durable and will offer you a smooth ride for a lifetime. Due to high demand, there are a several Land Rover Range owners who sell their vehicles at a price more than $5,000, according to some reports.