If you read, maybe even follow Steve Lang’s advice on car buying, then you know how important and hard it is to fight the dreaded depreciation of your car. The minute you drive it off the dealer’s lot, it has lost a good chunk of its value. Some cars hold their value well, others not so much. Here are the best.
Edmunds has sifted through its data and publishes the truly most valuable players in the field. Edmunds Best Retained Value® Awards recognize the brands and models that have the highest projected residual value after five years.
Honda is a multiple winner. Honda won the 2012 brand award for non-luxury makes for the second consecutive year. Its luxo-division Acura took home the luxury brand award for the first time. Honda’s average projected retained value after five years is 47.9 percent, while Acura’s average projected retained value after five years is 44.6 percent.
If you want a car that holds its value best, buy a truck. A Toyota Tacoma to be exact. After 5 years, it is projected to be worth 57.30 percent of its new car price. The Tacoma is followed by another truck, the Honda CR-V SUV with 54.6 percent.
2012 Best Retained Value Award Winners
|Convertible $35K-$45K||2012||Lexus||IS 250 C||46.80%|
|Convertible Over $45K||2012||Ford||Shelby GT500||46.50%|
|Convertible Under $35,000||2012||MINI||Cooper||48.90%|
|Coupe $35K-$45K||2012||BMW||3 Series||44.00%|
|Coupe Over $45,000||2012||Ford||Shelby GT500||47.50%|
|Coupe Under $25,000||2012||MINI||Cooper||50.00%|
|Large Heavy Duty Truck||2012||Ford||F-350 Super Duty||48.60%|
|Large Light Duty Truck||2012||Ford||F-150||48.40%|
|Sedan $30K-$40K||2012||Lexus||IS 250||46.30%|
|Sedan Over $40K||2012||Cadillac||CTS||42.00%|
|Sedan Under $20,000||2012||Honda||Civic||50.00%|
|SUV Over $45,000||2012||Acura||MDX||44.20%|
|SUV Under $25,000||2012||Subaru||Forester||44.60%|
|Wagon $25K-$35K||2012||MINI||Cooper Countryman||48.50%|
|Wagon Over $35,000||2012||BMW||3 Series||42.70%|
|Wagon Under $25,000||2012||Scion||xB||47.30%|