When buying a new vehicle, there’s a lot to consider: reliability, fuel efficiency, overall cost, your budget, and auto insurance rate to name just a few. Another important factor to consider is the resale value, because one thing is for certain: at some point later down the road, you are going to sell your new car. When the time comes, how much it depreciates over the years is going to affect how much you get back for it.
Some vehicles however, depreciate less quickly than others, and each year CanadianBlackBook.com (CBB) releases their selections for the vehicles with the “Best Retained Value.” These vehicles have been recognized as holding the highest percentage value of their original MSRP, over a four-year period.
Best Retained Value Award Winners: Past and Present
Many of this year’s winners have also won in the past and included below are the winners from 2017 and 2016 for comparison.
|Type of vehicle||2018 Winners||2017 Winners||2016 Winners|
|Sub-compact car||Toyota Prius c||Toyota Prius c||Honda Fit|
|Compact car||Toyota Prius v||Subaru XV Crosstrek||Toyota Prius v|
|Mid-size car||Toyota Camry||Toyota Camry||Toyota Camry|
|Full-size car||Toyota Avalon||Toyota Avalon||Dodge Charger|
|Entry luxury car||Mercedes-Benz CLA-Class||Volvo XC70||Volvo XC70|
|Luxury car||Lexus GS Series||Audi A7||Audi A7|
|Premium luxury car||Porsche Panamera||Porsche Panamera||Porsche Panamera|
|Premium sports car||Chevrolet Corvette||Porsche Boxster||Porsche Cayman|
|Sports car||Dodge Challenger||Dodge Challenger||Dodge Challenger|
|Small pickup||Toyota Tacoma||Toyota Tacoma||Toyota Tacoma|
|Full-size pickup||Toyota Tundra||Toyota Tundra||Toyota Tundra|
|Minivan||Toyota Sienna||Honda Odyssey
|Full-size van||RAM ProMaster||Mercedes-Benz Sprinter||Nissan NV Van|
|Compact commercial van||RAM Van||Nissan NV200||Ford Transit Connect|
|Compact SUV||Jeep Wrangler||Jeep Wrangler||Jeep Wrangler|
|Mid-size SUV||Toyota FJ Cruiser||Toyota FJ Cruiser||Toyota FJ Cruiser|
|Full-size SUV||Chevrolet Tahoe||Toyota Sequoia||Toyota Sequoia|
|Compact luxury SUV||Mercedes-Benz GLK-Class||Audi Q5||Audi Q5|
|Mid-size luxury SUV||Porsche Cayenne||Porsche Cayenne||Porsche Cayenne|
|Full-size luxury SUV||Mercedes-Benz G-Class||Mercedes-Benz G-Class||Audi Q7|
Shopping for a new car? Shop for insurance too.
When buying a new car, knowing which vehicles depreciate the least is certainly one component of making an informed car buying decision.
Now, imagine buying a new car that depreciates quickly…and costs a lot to insure. Understanding how much that vehicle will cost you to insure, year after year is just as important as resale value. Buy your new car with confidence and compare auto insurance rates to see which cars will help you spend less on auto insurance.