Everyone who purchases a car, truck or SUV knows that it loses a huge chunk of its value the minute it rolls off the lot, but that does not mean you do not want to get the most out of your ride when the time comes to sell. To achieve that goal, you need to know what aftermarket buyers are looking for in vehicles. Reliability is always a must, and not surprisingly many models from Toyota show up on this list. The list also includes a lot of trucks and SUVs. You will be surprised, however, to find some sexier options out there, especially on the car market.
Toyota FJ Cruiser
Meant to be a modernised version of the older Toyota Land Cruisers, the FJ retains a lot of value while also bringing a lot of faults with it. It is basically an off-road vehicle, but Toyota focused on styling it more than Jeep did with the Wrangler. While technically an SUV, the lack of cargo space means the term utility ought to be used lightly here. The FJ, however, has its strict adherents who adore its almost mountain goat tenacity in off-road settings, and that means the three-year resale value for some FJs goes as high as 91% of the original sticker price.
It is a vehicle with a very narrow purpose, however, and that makes it terrible for almost any other setting. For example, it has notoriously narrow windows and massive blind spots that will infuriate daily commuters who need to see around an expressway. Do not worry about that factor. The truth is the fuel economy is so bad no one would ever commute in an FJ, but a lot of off-roaders will pay top dollar to acquire one used.
It is increasingly hard to find a proper small pick-up truck these days, and that fact alone keeps a lot of folks looking around for the Tacoma in the aftermarket. The Tacoma is an impressively well-balanced truck that makes the most of utility, fuel economy and off-road capabilities. It is good in nearly all settings, so long as you do not try to kill it by asking it to handle a bigger rig’s job. The Tacoma is known to retain around 75% of its original value at the time of resale.
The restyling of the 2016 may hurt the near-term value of older models, since they will now start to look a bit older. The Tacoma, however, remains a very practical option for folks who are looking for reliability, efficiency and utility. That means the older models are likely to be good contenders when it comes time to measure their 10-year resale value too, and the Toyota brand name never hurts in the aftermarket.
It is easy to think of sub-compact cars as cheap, and in the strictest sense the Honda Fit does have a low sticker price. You might be surprised, however, to discover that it holds on to more than 61% of its initial sale price at the three-year mark. That makes it easily the best in its class for resale value.
The Fit includes a number of versatile seating and storage options, allowing it to accommodate up to five passengers or haul more than 20 cubic feet of cargo. For budget conscious drivers, it has an astonishing amount of appeal, and its relatively high city fuel economy of 27 mpg does not hurt either. Acceleration is quick, and the 117 horsepower motor is plenty of muscle to pull along a smaller frame.
Some brands run deep with their customer bases, and few can compete with the long-term, multi-generational commitment of the average Jeep buyer. The Wrangler is a no fuss off-road beast whose reputation easily precedes it.
It does not include a lot of sexy luxury options, unless you consider the ability to remove the top a luxury. That combination of brand loyalty and off-road capability allows the Wrangler to retain an impressive 64% of its initial sale value after three years.
The Wrangler is also a popular first purchase for younger buyers who want that type of off-road capability. The look of the Wrangler does not change much between model years, and that makes it a very tolerable vehicle to buy and drive without worrying about what people will think about your ride. It does not have great hauling or towing capacity, but like the FJ Cruiser, it is built to do one thing very well.
One of the biggest features that sustains the value of all Subaru models is the company’s commitment to all-wheel drive in every vehicle. They have a reputation for decent fuel economy and absolute indefatigability in the face of everything from rain to snow. That means the brand always attracts a legion of buyers who live in the country and many folks who have to deal with rough winters in the mountains and northern areas.
The WRX, however, attracts what seems at first blush to be a strange mix of aftermarket buyers. The reliability and all-wheel drive capability makes it a popular choice for the soccer mom set, but it also brings street racers into the mix. The Subaru AWDs are popular choices thanks to their turbochargers to be retrofitted with high-performance gear systems for racing. That broad base of prospective buyers allows the WRX to hold onto more than 65% of its initial value after three years.
Aftermarket buyers love Toyotas and full-size pick-up trucks, so you can easily do the math and deduce that the Tundra is a vehicle that holds onto a great deal of its initial price. Its three-year resale value lands at a solid 64%. With excellent hauling capability, power and four-wheel drive capacity, the Tundra ticks off a lot of the boxes that used truck buyers are considering.
It speaks to the long-term durability that the Tundra, while not a big seller in the primary market, does much better in secondary sales. New truck buyers often go straight for the big American names, but the used buyers are often looking at different criteria. They typically want to know that a truck is going to make it to 200 000 miles (321 868km) without incurring massive repair bills, and that makes the Tundra a more appealing option to them.
Some vehicles retain their resale value because of their pure sex appeal. The Camaro has always been a popular option with young guys looking to buy that first brand new muscle car, and it is not an accident that lots of these seem to get sold as young men grab their bonuses on the way out of the military. When the lustre of that sexy new car wears off, it is time for someone in the aftermarket to put down some cash and buy a little bit of that appeal.
There is one word of warning about the Camaro though. Its three-year resale value holds up at a very respectable 61%, but by the six-year mark it drops below 49%. The emphasis on aesthetics means that there is limited long-term value attached to the Camaro compared to other vehicles on this list. — carophile.
The days when SUV manufacturers built vehicles based off their existing truck models is pretty much over. As tends to be the case when the primary market doesn’t produce a lot of a particular type of ride any more, the 4Runner does very well with used vehicle buyers. By most measures, the 4Runner holds onto between 66 and 72 percent of its initial sale price if sold after three years of ownership.
It’s actually a cousin of the Toyota Hilux Surf, which you may recall from TV footage of such third-world hells as Somalia and Afghanistan. Toyota simply put a different fiberglass shell on the Hilux, and away the 4Runner went.
That said, the 4Runner’s pedigree means that it’s tough, powerful and durable. It lacks the ideal fuel economy of other Toyota models, but its four-wheel drive capacity is awesome.
A proper small truck is hard to come by in the American market, and that leads buyers to often purchase the next closest option. In the case of GMC loyalists, that means buying the Canyon. It pulls down an impressive 70-percent of its initial sale price when sold at the three-year mark.
GMC tries to market the Canyon as its small option, but we’re talking about a mid-size four-wheel drive that can run a Duramax diesel engine. It also comes in a crew cab model. Let’s be realistic. That’s not a small pick-up in the world of anyone who doesn’t speak fluent marketing talk.
The Canyon is meant largely for on-road hauling, and it doesn’t deliver the fuel economy you’d expect compared to bigger pick-ups. The low air dam makes it borderline useless for off-road purposes. Its gorgeous interior, however, will make it a superb choice for guys whose truck is also their office.
Full-size cars never retain the same type of long-term resale value that other vehicles do, so go ahead and take a deep breath and lower your expectations. That said, the Azera still holds onto 54-percent of its sticker price when sold after three years of ownership. It’s six-cylinder, 3.3 liter beast that has 293 horsepower. It includes lots of interior styling and technology options too.
It’s also known for its safety record. It comes with parking assist capabilities and brake assist features that will have the commuter and soccer mom crowds feeling a bit better about it. It has also won numerous awards within the full-size sedan market. If you’re looking for a car and want one that looks the part of something more luxurious, it’s hard to go wrong with the Azera. – carophile.