Connect with us

Misc

Ranked: Which Cars Have the Best Resale Value?

Published

5 months ago

on

A chart showing which cars have the best resale value based on the rate their value drops over five years. Spoiler: Porsche is King.

Ranked: Which Cars Have the Best Resale Value?

For three years now, the used-car market has been booming, after the pandemic disrupted new car supply chains, sending secondhand vehicle prices skyrocketing.

But which cars have the best resale value?

We visualize the top 10 vehicles with the lowest depreciation rates over five years, based on data from iSeeCars.

They analyzed over 1.1 million used cars from model year 2018, sold between November 2022 to October 2023. Models no longer in production as of the 2022 model year were excluded.

Porsche is Still (Almost) Perfect After Five Years

Heading the list, Porsche has two models with the best resale value after half a decade.

After five years, the 911 (Coupe) only loses 9% of its retail value in the used-car market on average. Porsche’s flagship costs anywhere between $90,000–$294,000 based on the horsepower (ranging from 200–700), along with other model specifications.

At second place, the Porsche 718 Cayman loses about one-fifth of its value. Two other Porsches—the Boxster, and the 911 convertible—also feature in ranks, at 12th and 15th respectively, both losing around 25% of their retail price tag.

Here’s a look at the full list of slowest depreciating cars in the United States:

RankModelAverage 5-Yr
Depreciation		Average Difference
from MSRP
1Porsche 911
(Coupe)		9%$18,094
2Porsche 718
Cayman		18%$13,372
3Toyota Tacoma20%$8,359
4Jeep Wrangler21%$8,951
5Honda Civic22%$5,817
6Subaru BRZ23%$8,114
7Chevrolet Camaro24%$10,161
8Toyota C-HR24%$6,692
9Subaru Crosstrek25%$7,214
10Toyota Corolla25%$5,800
11Ford Mustang25%$10,035
12Porsche 718
Boxster		25%$20,216
13Toyota Tundra25%$12,588
14Kia Rio 5-Door26%$5,006
15Porsche 911
(Convertible)		26%$42,227
16Honda HR-V26%$7,318
17Subaru Impreza
(Wagon)		26%$6,927
18Kia Rio26%$4,959
19Chevrolet Spark27%$4,784
20Toyota RAV427%$8,858
21Hyundai Accent27%$5,353
22Toyota 4Runner27%$13,147
23Chevrolet Corvette28%$22,712
24Nissan Kicks28%$6,560
25Subaru Impreza
(Sedan)		28%$7,158

Note: MSRP stands for Manufacturer Suggested Retail Price, the price recommended by a product’s producer to retailers. Furthermore, MSRPs from 2018 were inflation-adjusted to 2023 dollars.

The Toyota Tacoma, America’s fifth best-selling truck, comes in third, losing 20%.

The Jeep Wrangler (-21%) and the Honda Civic (-22%) round out the top five cars with the best resale value.

Two more sports cars (the Subaru BRZ and Chevrolet Camaro) feature in the top 10, indicating that these “fun” designer cars are valued for their status as well as functionality.

Aside from the sports category, Americans seem to rate Japanese automakers highly. Put together, Toyota, Subaru, Honda, and Nissan account for half of the cars with the best resale value.

Related Topics:
Click for Comments

Public Opinion

Charted: How Americans Feel About Federal Government Agencies

Fourteen of 16 federal government agencies garnered more favorable responses than unfavorable ones. But what were the outliers?

Published

16 hours ago

on

May 10, 2024

By

A cropped chart with the favorability ratings of 16 federal government agencies based on a March 2023 survey, conducted by Pew Research Center.

Chart: How Americans Rate 16 Federal Government Agencies

This was originally posted on our Voronoi app. Download the app for free on iOS or Android and discover incredible data-driven charts from a variety of trusted sources.

Come election time, America won’t hesitate to show its approval or disapproval of the country’s elected political representatives. That said, feelings about the federal bureaucracy and its associated agencies are a little harder to gauge.

We chart the results from an opinion poll conducted by Pew Research Center between March 13-19, 2023. In it, 10,701 adults—a representative of the U.S. adult population—were asked whether they felt favorably or unfavorably towards 16 different federal government agencies.

ℹ️ Access Pew Research’s methodology document to find out how they conducted their survey.

Americans Love the Park Service, Are Divided Over the IRS

Broadly speaking, 14 of the 16 federal government agencies garnered more favorable responses than unfavorable ones.

Of them, the Parks Service, Postal Service, and NASA all had the approval of more than 70% of the respondents.

AgencyFavorableUnfavorableNot sure
🏞️ National Park Service81%7%12%
📮 U.S. Postal Service77%20%3%
🚀 NASA74%9%17%
💼 Social Security
Administration		61%28%12%
🔬 CDC56%38%6%
🎖️ Veterans Affairs56%28%16%
🌿 EPA55%31%14%
💉 Health & Human
Services		55%30%15%
🕵️ FBI52%36%12%
🚗 Department of
Transportation		52%36%12%
🛡️ Department of
Homeland Security		51%35%13%
⚖️ Department
of Justice		49%41%10%
🕵️‍♂️ CIA46%33%21%
📚 Department
of Education		45%47%8%
💰 Federal Reserve43%37%20%
💼 IRS42%51%7%

Note: Figures are rounded. No answer responses are not shown.

Only the Department of Education and the IRS earned more unfavorable responses, and between them, only the IRS had a majority (51%) of unfavorable responses.

There are some caveats to remember with this data. Firstly, tax collection is a less-friendly activity than say, maintaining picturesque parks. Secondly, the survey was conducted a month before taxes were typically due, a peak time for experiencing filing woes.

Nevertheless, the IRS has come under fire in recent years. As per a New York Times article in 2019, eight years of budget cuts have stymied the agency’s ability to scrutinize tax filings from wealthier and more sophisticated filers.

At the same time poorer Americans are facing increasing audits on wage subsidies available to low income workers. According to a Transactional Records Access Clearinghouse report, this subset of filers was audited five-and-a-half more times the average American.

Continue Reading
Appian-Capital

Subscribe

Popular