Rolling investments Top 10 new vehicles with best anticipated resale value
WHILE monthly payments and fuel costs may concern new-car buyers, unless you’re the type of owner who drives a vehicle into the ground, what your vehicle is worth when it’s time to sell can either cost or save you thousands of dollars.
To help, U.S.-based Kelley Blue Book’s annual Best Resale Value Awards lists the vehicles priced under US$60,000 that are projected to retain the most value long after they’ve lost their new-car smell. Here are the Top 10 2016 vehicles (with base Canadian MSRPs) projected to retain an average of almost 55 per cent of their original prices after five years of typical ownership.
10: Subaru Forester
This is the second straight year KBB has awarded Japan’s Subaru as the best overall mainstream brand for resale value (Toyota’s Lexus won the luxury segment). The $25,995 2016 Forester all-wheeldrive, five-passenger, four-door compact crossover is the first of two Subaru models on this year’s Top 10. Since its debut in 1997, the Forester has been a resale-value winner, and the fourth-generation version that arrived in 2014 continues that tradition. Projected resale value at 36 months, 59.3 per cent; 60 months, 47.3 per cent.
9: GMC Sierra
With the majority of the KBB Top 10 Best Resale Value winners being trucks and SUVs, it’s no surprise to see the $28,500 2016 GMC Sierra make the list. Beating out its General Motors’ Chevrolet Silverado, the up-to-six-passenger, rear- or fourwheel-drive Sierra full-size pickup is the best of the domestic brands when it comes to keeping its value over time. Projected resale value at 36 months, 57 per cent; 60 months, 48 per cent.
8: Chevrolet Camaro
Of the two passenger cars on this year’s list, both the Chevrolet Camaro and Subaru WRX are targeted at driving enthusiasts, and both are projected to keep their value longer than any other 2016 passenger car. The rear-wheel-drive, four-passenger Camaro two-door coupe is all new for 2016, and is expected to start at a under-$30,000 price similar to the outgoing 2015 models. Projected resale value at 36 months, 61.0 per cent; 60 months, 49.0 per cent.
7: 2016 Subaru WRX
We thoroughly enjoyed our $29,995 2016 Subaru WRX during its 60-day stay in our hands. Its sports car performance, roomy and well-made interior and loads of available safety and luxury gear made the Subie a joy to drive. Buyers can now feel comforted that Subaru’s all-wheel-drive, five-passenger, fourdoor sports compact sedan is also a good value years after you drive it off your local dealer lot. Projected resale value at 36 months, 65.2 per cent; 60 months, 50.8 per cent.
In its 15-year history, Japan’s Toyota has never been able to break the stranglehold the Detroit Three have in the full-size truck market. But if you want a big truck with a big resale value, the up-to-six-passenger, rear- or four-wheel-drive $29,035 2016 Toyota Tundra (refreshed in 2014) is your best bet, according to KBB. Projected resale value at 36 months, 64.1 per cent; 60 months, 53.8 per cent.
5: Jeep Wrangler
It sucks gas, has a cramped interior and rides, well, like a Jeep. But when it comes time to resell, the $25,995 2016 Jeep Wrangler is a perennial KBB champ. It helps that Jeep’s four-wheel-drive, five-passenger, four-door mid-size SUV is unique in a market chock-o-block with car-based soft roaders, and is constantly in demand as a used vehicle. Projected resale value at 36 months, 65.6 per cent; 60 months, 54.9 per cent.
4: Chevrolet Colorado
Some industry types questioned the wisdom of GM re-entering the mid-size truck segment, but when it comes to resale value, the U.S. automaker’s new Chevrolet Colorado and GMC Canyon twins are winners. Now with available diesel power, the upto-five-passenger, rear- or four-wheel-drive $20,895 Colorado mid-size pickup is even more in demand. Projected resale value at 36 months, 70.0 per cent; 60 months, 58.6 per cent.
3: GMC Canyon
With both its full-size Sierra and mid-size Canyon earning KBB Best Resale Value Awards, GMC must be doing something right. Like its Chevrolet Colorado platform-mate, the up-to-five-passenger, rear- or four-wheel-drive $20,600 Canyon mid-size pickup truck is expected to keep a good chunk of its original price when it’s time to resell. Projected resale value at 36 months, 70.7 per cent; 60 months, 59.5 per cent.
2: Toyota 4Runner
Like the Jeep Wrangler, the traditional, bodyon-frame 4Runner is a unique proposition. It rides stiffly and doesn’t offer as much room as some of its crossover rivals, but with a reputation for durability and reliability, the up-to-five-passenger, rear- or four-wheel-drive $43,790 Toyota mid-size sport utility vehicle is a resale-value winner. Projected resale value at 36 months, 66.7 per cent; 60 months, 60.3 per cent.
1: Toyota Tacoma
Penny-pincher alert: If you want to keep the most hard-earned money on a new vehicle when it comes time to resell, the $27,995 2016 Toyota Tacoma is the best new vehicle to buy. Although the up-to-five-passenger, rear- or four-wheel-drive mid-size pickup has been thoroughly redesigned for 2016, KBB expects the Toyota truck to retain its predecessor’s industryleading resale value. Projected resale value at 36 months, 72.9 per cent; 60 months, 61.7 per cent.
According to Kelley Blue Book, the freshly redesigned 2016 Toyota Tacoma has the top projected resale value of any new vehicle priced less than $60,000.
2016 GMC Canyon.
2016 Jeep Wrangler.
2016 Subaru Forester.
2016 Chevrolet Camaro.