They purchase a car, drive it for a few years or until they reach a certain mileage threshold on their odometer, then trade it in and get a newer model.
If you are one of the many people who practice this, then it's in your best interest to know which cars have the highest resale values so you can get the biggest payout for your investment when you're ready to cash in.
Let's take a look at the top cars from various classes reported by KBB at the end of 2016.
1. Honda Fit (Subcompact Car)
- 36 months: 53.3%
- 60 months: 37.0%
One of the best commuter cars currently on the market, the Honda Fit shows its worth with great resale values. Whether you drive this car on highways or through city streets, you can look to receive half of its original worth when you sell it after three years.
View Honda Fits for sale in the Antelope Valley
2. Subaru Legacy (Mid-Size Car)
- 36 months: 54.3%
- 60 months: 39.3%
The Subaru brand is built on its extreme focus to safety. Driving a Legacy means you are driving a mid-size car crafted with the latest and greatest safety features. This fact paired with the notable reliability of the brand give the Subaru Legacy the best resale value in its class.
View Subarus for sale in the Antelope Valley
3. Chevrolet Camaro (Sports Car)
- 36 months: 61.0%
- 60 months: 49.0%
After the Camaro had made a rushing comeback in recent years, it hasn't seemed to slow down. The Chevrolet Camaro is an affordable, powerful, head-turning sports car. Due to its popularity and public favor, it boasts of astounding resale values for both the 36-month and 60-month marks considering its class.
View Chevrolet Camaros for sale in the Antelope Valley
4. Toyota 4Runner (Mid-Size SUV/Crossover)
- 36 months: 66.7%
- 60 months: 60.3%
Highly functional, spacious, and powerful are a few adjectives that describe the Toyota 4Runner. Used for off-highway travel and for taking the kids to school, this SUV/Crossover fits well in every facet of life. With resale values of over 60% at both benchmarks, you can afford to replace your old 4Runner with a new model every three to five years.
View Toyota 4Runners for sale in the Antelope Valley
5. Toyota Tacoma (Mid-Size Truck)
- 36 months: 72.9%
- 60 months: 61.7%
Trucks are the vehicle of choice for those who need to tow or haul a lot of weight. They must be powerful, practical, and come equipped with many standard features we would expect in most other cars. The Toyota Tacoma is the truck that can offer everything, including a 36-month resale value of over 70%.
View Toyota Tacomas for sale in the Antelope Valley
