When it comes to buying and selling a car, resale value is hugely important. A new car that loses its value faster than its rivals can cost you money in lower trade-in value or the possibility of owing more than what it may be worth in a long-term loan. That’s why choosing a vehicle with solid resale value can save you much more money in the long run. KBB’s annual Best Resale value Awards make it easier to find true long-term value.
The awards:
• 10 Best Overall Resale values of 2022
• 2022 Best Resale value SUVs
• 2022 Best Resale value Cars
• 2022 Best Resale value Trucks, EVs, Minivan
• 2022 Best Resale value Brands
10 best overall resale values of 2022
Kelley Blue Book’s annual Best Resale value Awards recognizes the 10 individual vehicles that are projected 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 retain their value better than 95% of all other models. While the average new vehicle will be worth about 40% of its original sticker price after 60 months, these 10 vehicles will return an average of more than 59% to their owners’ pockets. For a $35,000 vehicle that works out to a meaningful difference of about $6,650 over a 5-year buy-own-sell ownership cycle. That’s why choosing a car with good resale value can often save you more money in the long run than chasing big rebates and other incentives. Here is KBB’s list of the 10 best overall resale values of 2022.
Best resale value top 10 for 2022
| Rank |
Model |
5-year resale value |
| 1 |
2022 Toyota TM, -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% |
2022 best resale value: SUVs
2022 Subaru Crosstrek
The Subaru Crosstrek
Subaru
Resale value: 52.3%
Type: Subcompact SUV
Starting price: $22,645
2022 Subaru Forester
Resale value: 47.2%
Type: Compact SUV
Starting price: $25,395
2022 Subaru Outback
Resale value: 45.2%
Type: 2-Row Midsize 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
Resale value: 51.9%
Type: 3-Row Midsize SUV
Starting price: $33,090
2022 GMC Yukon
Resale value: 47.2%
Type: Full-Size SUV
Starting price: $52,100
2022 Toyota 4Runner
Resale value: 58.6%
Type: Off-Road SUV
Starting price: $37,605
2022 Volvo XC40
Resale value: 39.0%
Type: Subcompact Luxury SUV
Starting price: $35,100
2022 Mercedes-Benz GLB
Resale value: 41.1%
Type: Compact Luxury SUV
Starting price: $38,600
2022 Range Rover Velar
Resale value: 36.0%
Type: 2-Row Midsize Luxury SUV
Starting price: $58,300
2022 Lincoln Aviator
Resale value: 41.5%
Type: 3-Row Midsize Luxury SUV
Starting price: $51,780
2022 Lexus LX
Resale value: 45.2%
Type: Full-Size Luxury SUV
Starting price: $88,245
Don’t miss:
The Honda Civic
Honda
Resale value: 49.8%
Type: Compact Car
Starting price: $22,350
2022 Honda Accord
Resale value: 42.5%
Type: Midsize Car
Starting price: $26,120
2022 Chevrolet Corvette
The 2023 Chevrolet Corvette Z06
Chevrolet
Resale value: 59.5%
Type: Sports Car
Starting price: $60,900
2022 Lexus IS
Resale value: 39.0%
Type: Entry-Level Luxury Car
Starting price: $39,850
2022 Lexus LS
Resale value: 35.0%
Type: Luxury Car
Starting price: $77,075
2022 best resale value: trucks, EVs, minivan
2022 Toyota RAV4 Hybrid
The Toyota Rav4 hybrid
Toyota
Resale value: 50.1%
Type: Hybrid Car
Starting price: $29,075
Check out:
The Ford Mustang Mach-E
Ford
Resale value: 37.9%
Type: Electric Vehicle
Starting price: $43,895
2022 Tesla Model X
Resale value: 57.6%
Type: Electric Luxury Vehicle
Starting price: $104,990
Also see:
2022 Toyota Sienna
Resale value: 50.3%
Type: Minivan
Starting price: $34,710
2022 Ford Maverick
Resale value: 59.5%
Type: Compact Pickup Truck
Starting price: $19,995
2022 Toyota Tacoma
Resale value: 61.7%
Type: Midsize Pickup Truck
Starting price: $26,700
2022 Toyota Tundra
Resale value: 70.8%
Type: Full-Size Pickup Truck
Starting price: $35,950
2022 GMC Sierra HD
Resale value: 63.0%
Type: Heavy-Duty Pickup Truck
Starting price: $38,200
2022 best resale value: 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, earning this award for the seventh time.
Read: 10 top hybrids for less than $30,000
What is resale value?
At some point, you may want to sell your car. 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 projections from the Kelley Blue Book Official Residual value Guide. Kelley Blue Book Residual values are established by experienced automotive analysts that review the output from statistical models built upon millions of transactions. Vehicles that earn the highest 5-year residual values, expressed as a percentage of their original Manufacturer’s Suggested Retail price, are selected for these prestigious awards. Low-volume vehicles are excluded from award consideration, except in the electric, luxury, and sports car categories.
Does resale value really matter?
Yes. Choosing the right model brings peace of mind that you’ve made the right decision. If a vehicle has a strong resale value, that ensures that it will be worth more when it comes time to trade. This is a great way to reduce your overall vehicle expenses, 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 that go to the brands and vehicles that do the best job in retaining value.
Kelley Blue Book’s stock-in-trade is vehicle valuation. We have 95 years of experience in determining what cars are worth. With a comprehensive data set that includes vehicle specifications, trims, sales volume, economic conditions, and auction results, Kelley Blue Book can predict and track vehicle depreciation. That information is free, and offering it on our site as a useful tool in helping you decide on the right vehicle to meet your pocketbook and transportation needs.
Our car values are also relied upon by dealers, lenders, and private parties when determining how much to take in trade, set lease rates, and purchase prices. Vehicles with the lowest depreciation rate as determined by our valuation team underpins the Best Resale value Awards. This recognition goes to the products and brands demonstrating the highest retained value during the first 60 months of ownership.
This story originally ran on KBB.com.
