These are the 10 cars expected to have the best resale value 5 years after purchase
- Automotive research firm iSeeCars.com has created a list of the 10 cars with the lowest depreciation.
- The list is topped by the Jeep Wrangler Unlimited, which only loses 30%, about $12,188, of its value over five years.
- The list also includes Toyotas, Nissans, and a Porsche, Honda, Subaru, and another Jeep.
- Visit Business Insider's homepage for more stories.
The automotive research firm iSeeCars.com, has released a list of the 10 vehicles that lose the least amount of their value over time.
The average depreciation of cars over their first five years is 49.6%, according to the firm. However, the vehicles on this list - which include three Toyotas, two Nissans and Jeeps, and one Porsche, Honda, and Subaru - depreciate 19.4% to 39.5% less.
"Toyota and Honda are known for their reliability, and their reputation for dependable pickups helps aid their resale value," iSeeCars CEO Phong Ly said in a statement.
The Jeep Wrangler Unlimited tops the compilation. It lost just 30% of its value, about $12,188, in five years.
iSeeCars.com analyzed over 6.9 million new cars from the 2014 model year that were sold the same year. These prices were then compared against more than 800,000 used cars from the same model year sold between January to October 2019, adjusting the prior prices by 7.9% for inflation.
Keep scrolling to see how much resale value the 2014 model-year vehicles lost over a five-year period: