Top 19 New Cars with the Highest Resale Value for 2024
However, some cars shine brighter than others in terms of retaining value, and that’s where the Best Resale Value Awards come into play. These awards, presented by Kelley Blue Book, highlight the vehicles that are expected to retain the highest percentage of their original manufacturer’s suggested retail price (MSRP) over a five-year ownership cycle. In 2024, the competition was fierce, and the following vehicles emerged as the top contenders, each boasting impressive resale value statistics that could save their owners thousands in the long run.
1. **2024 Ford Bronco**: Leading the pack with an astonishing **66.7%** resale value, the Ford Bronco is more than just a rugged off-roader; it represents a lifestyle choice. With its unmistakable design and robust capabilities, this vehicle has garnered massive consumer interest, ensuring it commands a strong market presence even years down the line. For those who enjoy adventure, this SUV is not just about looks; it’s about maintaining that value for years to come.
2. **2024 Toyota Tacoma**: Known for its reliability and durability, the Toyota Tacoma isn’t just a midsize pickup; it’s a workhorse that holds **62.6%** of its value. This truck is designed for the long haul, and its strong resale value reflects its popularity among consumers who need a dependable vehicle that can tackle both daily tasks and outdoor adventures. The Tacoma’s reputation for longevity makes it a smart investment.
3. **2024 Mercedes-Benz G-Class**: This luxury SUV is synonymous with prestige and performance and is projected to retain **61.2%** of its original value. The Mercedes-Benz G-Class is not just a means of transportation; it’s a statement piece that combines ruggedness with luxury. Owning this vehicle is not only about enjoying its premium features but also about making a smart financial decision in terms of resale value.
4. **2024 Toyota Tundra**: As another Toyota player in the market, the Tundra is expected to retain **60.4%** of its MSRP. It’s built for power, reliability, and versatility, making it a favorite among truck enthusiasts and families alike. Its capacity to handle tough jobs while providing a comfortable ride ensures that it remains a sought-after model long after the initial purchase.
5. **2024 Chevrolet Corvette**: As a sports car icon, the Chevrolet Corvette is projected to hold **59.0%** of its value, making it a top choice for performance enthusiasts. The Corvette blends performance with style, resulting in a vehicle that not only satisfies the need for speed but also remains a desirable asset in the used car market. This combination makes it a compelling proposition for anyone looking to own a sports car that holds its value.
6. **2024 Toyota GR Supra**: With its dynamic styling and performance, the Toyota GR Supra is expected to retain **57.2%** of its original value. This sports coupe appeals to a younger demographic and car enthusiasts alike, making it a hot commodity in the market. Its exclusivity and performance metrics ensure that it remains in high demand long after the initial sale.
7. **2024 Toyota Prius**: The Toyota Prius has long been a leader in the hybrid market, and it’s projected to hold **55.3%** of its value. Known for its fuel efficiency and eco-friendly reputation, the Prius is a favorite among environmentally conscious consumers. Its strong demand in the used market ensures that owners benefit from a higher resale value, making it a wise choice for those looking to reduce their carbon footprint while saving money.
8. **2024 Toyota 4Runner**: A classic among SUVs, the Toyota 4Runner is expected to retain **54.6%** of its original MSRP. Known for its off-road capabilities and ruggedness, the 4Runner appeals to adventure seekers. Its reputation for reliability ensures that it remains a solid investment, providing peace of mind to its owners when it comes time to sell or trade in.
9. **2024 Porsche 718 Cayman**: This luxury sports car is projected to hold **54.2%** of its value. With its sleek design and exceptional performance, the Porsche 718 Cayman stands out as a top-tier vehicle that offers a thrilling driving experience. Its desirability in the marketplace ensures a strong resale value, making it a smart choice for luxury car buyers.
10. **2024 Ford Maverick**: Completing the list, the Ford Maverick is projected to retain **54.0%** of its MSRP. This compact pickup truck appeals to a wide range of consumers, thanks to its affordability and versatility. Its practicality, combined with a strong demand in the market, ensures that it holds its value well, making it a smart investment for those who appreciate functionality.
11. **2024 Subaru Crosstrek**: This subcompact SUV isn’t just about good looks; it’s also built to provide a solid resale value of **52.6%**. Known for its all-wheel drive capability, the Subaru Crosstrek appeals to adventure seekers and daily commuters alike. Its versatility and reliability make it a popular choice among buyers, ensuring that it holds its value well over time. With an MSRP starting at **$26,540**, it combines affordability with functionality, making it a smart investment.
12. **2024 Honda CR-V**: The Honda CR-V continues to dominate the compact SUV market with a projected resale value of **52.8%**. This model is renowned for its spacious interior, smooth ride, and impressive fuel efficiency. With a starting price of **$30,850**, the CR-V not only meets the needs of families but also delivers long-term value, ensuring that it remains a sought-after option in the used car market.
13. **2024 Hyundai Palisade**: Entering the midsize SUV realm, the Hyundai Palisade boasts a strong resale value of **52.6%**. Priced starting at **$38,045**, this SUV offers three rows of seating and a plethora of features that cater to family needs. Its stylish design and commendable reliability contribute to its enduring popularity, helping it retain value exceptionally well over the years.
14. **2024 Toyota Sequoia**: As a full-size SUV, the Toyota Sequoia offers impressive functionality with a resale value of **47.2%**. With a starting price of **$63,125**, it is built for those who need space and capability, whether for family trips or heavy-duty tasks. Its strong reputation for reliability ensures that it stays in high demand in the resale market.
15. **2024 Lexus UX**: This subcompact luxury SUV provides a unique blend of style and performance, projected to retain **44.4%** of its value. Starting at **$36,690**, the Lexus UX is perfect for those who desire the luxury brand experience without compromising on efficiency. Its high resale value is a testament to Lexus’s reputation for quality and reliability.
16. **2024 Lexus NX**: Another impressive entry from Lexus, the NX is a compact luxury SUV with a projected resale value of **39.6%**. Priced starting at **$40,605**, its advanced technology features and comfortable interior make it a favorite among consumers. The NX’s strong brand reputation and desirability in the market ensure it remains a wise investment.
17. **2024 Lexus RX**: As a midsize luxury SUV, the Lexus RX upholds the brand’s standards with a resale value of **45.0%**. With a starting price of **$49,950**, this vehicle is designed for comfort and style, making it a popular choice for families and professionals alike. Its strong market presence contributes to its ability to retain value over time.
18. **2024 Mercedes-Benz G-Class**: This luxury full-size SUV holds a stellar resale value of **61.2%**. Starting at **$144,150**, the Mercedes-Benz G-Class is more than just a vehicle; it’s a status symbol. Its unique blend of luxury, ruggedness, and powerful performance ensures that it remains in high demand, preserving its value exceptionally well in the luxury vehicle market.
19. **2024 Ford Maverick**: This compact pickup truck is not just practical but is also expected to retain **54.0%** of its MSRP. With a starting price of **$25,410**, the Ford Maverick offers efficiency and versatility, appealing to a broad range of buyers. Its affordability and strong resale value make it an attractive option for those looking for a functional vehicle that won’t depreciate heavily.
Selecting a vehicle with a high resale value is not merely a practical decision; it’s a financial strategy that can lead to significant savings over time. The cars listed here not only offer quality and performance but also ensure that owners can recoup a larger percentage of their initial investment. By choosing from this impressive lineup, buyers can enjoy a luxurious driving experience while keeping their financial future secure. The right vehicle is an investment in both enjoyment and economic efficiency, making it a win-win for drivers everywhere.
Related posts:
2024 Best Resale Value Awards: Top Cars, Trucks, and SUVs
Kelley Blue Book Announces Winners of 2024 Best Resale Value Awards
The Vehicles With The Best Resale Values, According To Kelley Blue Book Predictions
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