Resale value after 5 years Article

I came across an article today detailing the top 10 vehicles for resale value after 5 years. Toyota Tacoma came in #2 with nearly 62%. I thought I would share this link and information with you. Here is the link:

http://www.thestreet.com/story/1275...resale-value-after-5-years.html?kval=dontmiss

Very reassuring...

Rick

 

4 Toyota models in the top 10. Hmmm... somebody is doing something right.

 

Not surprising really, but I am surprised to see no Subaru? Traded my wife's 2011 Outback after 2 years of usage for a new 2013 and lost maybe $2K in two years. Then I bought a new 2013 Subaru WRX base in 2012. Drove that a year and barely 8K miles, sold it to CarMax which gave me $200 more than I paid new for it (And I paid sticker new for the car)

 

The print version of all cars on one page:

http://www.thestreet.com/print/story/12757242.html

 

62% after 5 years? That seems pretty low to me

 

I agree, I just sold my 07' for $20,000 with just over 100,000 miles on it. that was at well over 60 percent retained value and it was 7 years old.

 

it involves all Taco's presumably so all the 2wd 5 lug work trucks are included maybe that's why it seems a bit low.

 

Actually four of the top 6 are Toyota.

 

Toyota means you might as well buy new.
If you buy used you will almost pay new pricing.

wow

 

Great to hear. I got $22k for my 6 year old 2007 last year. Only paid $25k for it to begin with.

 

Generally the lower the spec the truck is, the higher the re-sale value. I had a 2007, 5-lug, reg cab, auto in white, I purchased new in 2006 for $15,800. Drove the truck 2 years and 48K miles. My first kid arrives, and I decide I want a crew cab truck to make life easier with a car seat. Double Cab Tacoma's were a lot more money than I wanted to spend, so I traded the '07 reg cab in for a new '08 Frontier, Crew Cab, V6, 4WD. In short I got a pretty loaded 4x4 Crew Cab Frontier for less money than a new PreRunner, Double Cab equivalent would have cost me. (Kick myself for trying to save a buck buying that Frontier hated ever second of owning that POS)

The Nissan dealer gave me $15,200 as a trade, and sold the new 4x4, Crew Cab Frontier that had an MSRP of $28,900 to me for $24,500.

Incidentally, drove that Frontier, two years, and barely got $18K for it (Doesn't hold value as well as a Tacoma)

One thing I wonder though, is that new 2014 Tacoma's decently equipped are $35K. I've seen "Limited Edition" long beds on Toyota lots for $39 I don't see these trucks still worth anywhere close to that in 5-7 years, but that's just me.

 

Glad to Toyota dominating this list. Go Tacoma and4Runner!

 

X2. By then, they'll have cars that drive themselves. I'll still keep my fingers crossed though.

 

That's a good point...

I take it back

 

Heep=loud,unrealiable,gas sucking gutless dump, but ken and Barbie would have nothing less. Hahahaha

 

Pretty good deal. I have both. Tacoma and FJC.
but...
Not for sale.

 

That Nissan dealer REALLY wanted my Tacoma badly, they kept shedding cash off the Frontier price it was crazy. In fact I thought I left something in it the next day, called the dealer to see if I could swing back by and check. They said it was sold a few hours ago.

 

Totally agree... my thoughts too.

I bought my 2006 in 2006 with 4000 miles on it for $24,000, I traded it in 2013 with 175,000 for $12,000.

 

2013 single cab. I paid $18,200 OTD. Blue book value $18,920

 

Article said it was 18k price (single cab likely) and i can believe 6x percent for that one; for a 30k+ vehicle can also believe 75 percent easy, esp with kept up maintenance records.