Kelley Blue Book is out with its list of 2019-model year vehicles with the best projected resale values. It�s a big consideration for many car shoppers and one Car Pro Show host Jerry Reynolds talks about often on the show when it comes to comparing vehicles.
KBB breaks it down to the best mainstream and luxury brands with the overall best resale values, along with the best model in each category and finally a list of the top 10 models with the best resale value (in alphabetical order.) Winners of the annual Best Resale Value Awards are vehicles with a projected retained value through the initial five-year ownership period.
"Shoppers can be confident a vehicle will retain its value well if you pick from our list of Best Resale Value Winners. At the brand level, Toyota and Porsche repeat their wins for top brand and luxury brand, respectively, with the highest average projected resale value among their full model lineups," said Eric Ibara, director of residual values for Kelley Blue Book. "Positioned among the Top 10 vehicles this year are all truck models. Despite the higher incentives available on trucks today, used-car buyers are willing to pay more for trucks, relative to the initial MSRP, than they are for sedans. Without the prospect of higher gas prices, this trend doesn't appear to be slowing."
2019 Best Resale ValueBrand: Toyota
Luxury Brand: Porsche
This is the fourth Best Resale Value brand win for Toyota, which previously won in 2014, 2017 and 2018. This year marks Porsche's third consecutive Best Resale Value luxury Brand win.
2019 Best Resale Value: by Vehicle CategoryCompact Car: Honda Civic
Midsize Car: Subaru Legacy
Full-Size Car: Dodge Charger
Entry-Level Luxury Car: Lexus RC
Luxury Car: Audi A7
High-End Luxury Car: Porsche Panamera
Sports Car: Ford Mustang Shelby GT350
Hybrid Car: Honda Insight
Electric Vehicle: Tesla Model 3
Subcompact SUV/Crossover: Honda HR-V
Compact SUV/Crossover: Subaru Crosstrek
Midsize SUV/Crossover (2-Row): Subaru Outback
Midsize SUV/Crossover (3-Row): Toyota Highlander
Full-Size SUV/Crossover: Chevrolet Tahoe
Luxury Subcompact SUV/Crossover: Lexus UX
Luxury Compact SUV/Crossover: Porsche Macan
Luxury Midsize SUV/Crossover (2-Row): Lexus RX
Luxury Midsize SUV/Crossover (3-row): Lexus GX
Luxury Full-Size SUV/Crossover: Lexus LX
Off-Road SUV/Crossover: Jeep Wrangler Unlimited
Midsize Pickup Truck: Toyota Tacoma
Full-Size Pickup Truck: Toyota Tundra
Full-Size Pickup Truck - Heavy-Duty: Chevrolet Silverado HD
Minivan: Honda Odyssey
2019 Best Resale Value: Top 10 VehiclesChevrolet Colorado
DepreciationA note about depreciation. It�s often the greatest expense incurred by drivers during the first five years of vehicle ownership. Kelley Blue Book calculates that an average 2019 model-year vehicle will only retain about 39 percent of its original value after a five-year ownership period, meaning that a $35,000 new car today will only be worth somewhere close to $13,650 after five years.
By comparison, all vehicles in Kelley Blue Book's Top 10 for Best Resale Value are projected to retain more than 50 percent of their MSRP with the top model, the Toyota Tacoma, expected to bring 62 percent of its MSRP after five years. Vehicles with average or below-average resale values are generally plentiful in the marketplace and easy to find. However, certain vehicles are projected to hold their value better than others. While much of a vehicle's resale value is based on supply and demand, as well as current and projected future market conditions, vehicles that retain their value best are typically discounted the least and tend to generate high levels of consumer interest.