When it comes to buying and selling a car, the trade-in value is extremely important. A new car that loses value faster than its rivals could cost you money in a lower resale value or the ability to pay more than it could be worth in a long-term loan. Therefore, choosing a vehicle with a solid resale value can save you a lot more money in the long run. KBB’s annual Best Resale Value Awards make it easier to find real long-term value.
• 10 Best Total Resale Values of 2022
• 2022 Best Trade-In Value SUVs
• 2022 Best trade-in value cars
• 2022 Best Trade-In Value Trucks, EVs, Minivans
• 2022 Best Trade-In Value Brands
10 Best Total Resale Values of 2022
Kelley Blue Book’s annual Best Resale Value Awards recognize the 10 individual vehicles expected 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 hold their value better than 95% of all other models. While the average new vehicle will be worth about 40% of the original sticker price after 60 months, these 10 vehicles will return an average of more than 59% in the pockets of their owners. For a $35,000 vehicle, that’s a meaningful difference of about $6,650 over a 5-year buy-own-sell cycle. Therefore, choosing a car with a good resale value can often save you more money in the long run than chasing big discounts and other incentives. Here’s KBB’s list of the 10 best total resale values of 2022.
Best trade-in value top 10 for 2022
| rank | Fashion model | 5 year sales value |
|
1 |
2022 ToyotaTM, |
70.2% |
|
2 |
2022 GMC Sierra |
60.8% |
|
3 |
2022 Toyota Tacoma |
60.6% |
|
4 |
2022 Ford F, |
59.5% |
|
4 |
2022 Chevrolet Corvette (tie) |
59.5% |
|
6 |
2022 Toyota 4Runner |
58.6% |
|
7 |
2022 Tesla TSLA, |
57.6% |
|
8 |
2022 Ford F Series |
57.3% |
|
9 |
2022 Ford Ranger |
56.7% |
|
10 |
2022 Jeep Gladiator |
56.1% |
Best Trade-In Value 2022: SUVs
2022 Subaru Cross Trek
The Subaru Crosstrek
Subaru
Trade-in value: 52.3%
Type: Sub-compact SUV
Starting Price: $22,645
2022 Subaru Forester
Trade-in value: 47.2%
Type: compact SUV
Starting Price: $25,395
2022 Subaru Outback
Trade-in value: 45.2%
Type: 2-row mid-size 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
The Kia Telluride
kia
Trade-in value: 51.9%
Type: 3-row mid-size SUV
Starting Price: $33,090
2022 GMC Yukon
Trade-in value: 47.2%
Type: Full Size SUV
Starting Price: $52,100
2022 Toyota 4Runner
Trade-in value: 58.6%
Type: Off-road SUV
Starting Price: $37,605
2022 Volvo XC40
The Volvo XC40
Volvo
Trade-in value: 39.0%
Type: Sub-compact luxury SUV
Starting Price: $35,100
2022 Mercedes-Benz CAP
Trade-in value: 41.1%
Type: compact luxury SUV
Starting Price: $38,600
2022 Range Rover Velar
Trade-in value: 36.0%
Type: 2-row mid-size luxury SUV
Starting Price: $58,300
2022 Lincoln Kite
Trade-in value: 41.5%
Type: 3-row mid-size luxury SUV
Starting Price: $51,780
2022 Lexus LX
Trade-in value: 45.2%
Type: Full Size Luxury SUV
Starting price: $88,245
Do not miss: Eight top plug-in hybrids for $40,000 or less
Best trade-in value 2022: cars
2022 Honda Civic
The Honda Civic
Honda
Trade-in value: 49.8%
Type: compact car
Starting Price: $22,350
2022 Honda Accord
Trade-in value: 42.5%
Type: medium car
Starting Price: $26,120
2022 Chevrolet Corvette
The Chevrolet Corvette Z06 from 2023
Chevrolet
Trade-in value: 59.5%
Type: Sports car
Starting price: $60,900
2022 Lexus IS
Trade-in value: 39.0%
Type: entry-level luxury car
Starting price: $39,850
2022 Lexus LS
Trade-in value: 35.0%
Type: Luxury car
Starting Price: $77,075
Best trade-in value 2022: trucks, EVs, minivans
2022 Toyota RAV4 Hybrid
The Toyota Rav4 Hybrid
Toyota
Trade-in value: 50.1%
Type: hybrid car
Starting Price: $29,075
Checking out: The 2022 Hybrid Honda CR-V vs. the Hybrid Toyota RAV4 – Which Is Better?
2022 Ford Mustang Mach-E
The Ford Mustang Mach-E
Ford
Trade-in value: 37.9%
Type: Electric Vehicle
Starting Price: $43,895
2022 Tesla Model X
Trade-in value: 57.6%
Type: Electric Luxury Vehicle
Starting Price: $104.990
Also see: The pros and cons of electric cars
2022 Toyota Siena
Trade-in value: 50.3%
Type: Minibus
Starting Price: $34,710
2022 Ford Maverick
The Ford Maverick
Ford
Trade-in value: 59.5%
Type: compact pickup
Starting Price: $19.995
2022 Toyota Tacoma
Trade-in value: 61.7%
Type: Medium Pickup
Starting Price: $26,700
2022 Toyota Tundra
Trade-in value: 70.8%
Type: Full Size Pickup
Starting Price: $35,950
2022 GMC Sierra HD
Trade-in value: 63.0%
Type: Heavy Pickup
Starting price: $38,200
Best trade-in value 2022: 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 and wins this award for the seventh time.
Read† 10 top hybrids for under $30,000
What is resale value?
At some point, you may want to sell your car. The 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 forecasts from the Kelley Blue Book Official Residual Value Guide† Kelley Blue Book Residual values are determined by experienced automotive analysts who assess the output of statistical models based on millions of transactions. Vehicles with the highest 5-year residual value, expressed as a percentage of the manufacturer’s original MSRP, are selected for these prestigious awards. Small volume vehicles are excluded from price consideration, except in the electric, luxury and sports car categories.
Does resale value really matter?
Yes. If you choose the right model, you can be sure that you have made the right decision. If a vehicle has a high trade-in value, that means it will be worth more when it comes time to trade-in. This is a great way to lower your overall vehicle costs, 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 given to the brands and vehicles that do their best to maintain their value.
Kelley Blue Book’s trading stock is the valuation of vehicles. We have 95 years of experience in determining what cars are worth. With a comprehensive dataset of vehicle specifications, equipment, sales volume, economic conditions and auction results, Kelley Blue Book can predict and track vehicle depreciation. That information is free and is provided on our site as a helpful resource to help you choose the right vehicle to meet your wallet and transportation needs.
Our car values are also used by dealers, lenders and private parties in determining the trade-in amount, determining lease rates and purchase prices. Vehicles with the lowest depreciation rate, as determined by our valuation team, form the basis for the Best Resale Value Awards. This recognition goes to the products and brands that retain the highest value during the first 60 months of ownership.
This story originally ran KBB.com.
