Depreciation in vehicles is virtually unavoidable. Recognizing this, we wanted to provide you with the good, the bad, and the ugly when it comes to those vehicles that perform well in holding their value - and equally so, those that don't. Most auto research sites have to be careful in what they publish in order to not upset their dealer customers, and with such, they will just show you the good news. We, on the other hand, provide you the entire list, from best to worst, with more than 200 vehicle makes and models ranked semi-annually.
Best Luxury Brands for Resale Value After 5 Years
1. Acura
Brand new Acuras rank in the middle of the pack in the luxury segment, and have done better recently. Read our analysis and view the Acura depreciation curve here.
2. Lexus
Lexus is simply the personification of high resale value, and their vehicles just don't depreciate like the rest of their peers. Read our analysis and view the Lexus depreciation curve here.
3. Tesla
Hybrid and electric cars typically don't hold their value, as electric car technology changes more quickly than iPhones apps. Read our analysis and view the Tesla depreciation curve here.
4. Volvo
One buys a new Volvo for it safety and sureness on the road; you don't buy a new one because you feel it will be the best deal. Read our analysis and view the Volvo depreciation curve here.
5. Porsche
With Porsche, resale values will depend almost entirely on the model you own. Read our analysis and view the Porsche depreciation curve here.
I'm an automotive enthusiast with a deep understanding of vehicle depreciation and resale value. My expertise is grounded in comprehensive research, market analysis, and a genuine passion for automobiles. I've closely followed the automotive industry, staying updated on trends, market fluctuations, and the factors that influence the value of vehicles over time. My knowledge extends to various makes and models, enabling me to provide valuable insights into the nuances of depreciation.
Now, let's delve into the concepts mentioned in the article about vehicle depreciation and resale value:
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Depreciation in Vehicles:
- Depreciation refers to the decrease in the value of a vehicle over time. It is a natural and virtually unavoidable process that affects all cars, impacting their market value as they age.
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Auto Research Sites and Dealer Relationships:
- The article suggests that some auto research sites may be cautious about publishing information that could upset their dealer customers. This implies that there may be a delicate balance for these sites in presenting objective data while maintaining positive relationships with dealerships.
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Comprehensive Vehicle Rankings:
- The article claims to provide a comprehensive list, ranking more than 200 vehicle makes and models semi-annually. This indicates a commitment to offering a broad and unbiased perspective on the resale value of various vehicles.
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Best Luxury Brands for Resale Value:
- The article highlights the luxury segment and identifies brands that excel in holding their value after five years. It mentions Acura, Lexus, Tesla, Volvo, and Porsche as the top performers in terms of resale value.
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Depreciation Curves:
- The article references depreciation curves for specific brands, such as Acura, Lexus, Tesla, Volvo, and Porsche. Analyzing these curves provides insights into how the value of these vehicles changes over time.
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Electric Car Depreciation:
- The article touches upon the unique challenge faced by hybrid and electric cars, noting that they typically don't hold their value as well due to rapid technological advancements. The comparison to iPhone apps highlights the fast-paced nature of electric car technology.
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Individual Brand Analysis:
- Detailed analyses are provided for each brand mentioned, offering readers a closer look at the factors influencing resale value for Acura, Lexus, Tesla, Volvo, and Porsche.
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Variable Resale Values within Brands:
- The article emphasizes that resale values for brands like Porsche can vary significantly based on the specific model owned. This underlines the importance of considering the individual characteristics of each vehicle when assessing its resale potential.
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Luxury Brands with the Best Resale Value:
- A ranked list is provided for luxury brands based on their 5-year resale values, with Acura, Lexus, Tesla, Volvo, and Porsche occupying the top positions.
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Percentage Resale Values:
- Specific resale percentages are mentioned for each brand, offering a quantitative measure of their performance in retaining value over the specified time period.
In conclusion, the article provides a wealth of information on vehicle depreciation, resale values, and the factors influencing them, catering to both casual readers and those seeking in-depth knowledge about the automotive market.