But what is interesting is that this front-runner also happens to be a hybrid. It doesn’t come as a surprise that another Toyota vehicle makes the 2018 top list. Toyota has also been recognized time and time again as the brand with the best resale value by Kelly Blue Book, so keep it in mind when you’re car shopping! Toyota Prius C - Best Sub-Compact Car Since 2016, the Camry has snagged the top spot in its category and the demand for used models only continues to grow. This is because of its long-standing reputation for both reliability and quality. You probably have at least one family member who’s owned a Camry at some point in their lives. Chevrolet Silverado HD - Best Full-Size Pick up.Chevrolet Tahoe - Best Full-Size Crossover/SUV.Here’s the six vehicles we selected each from a different category: We’ve done our research and put together a list of six cars with awesome resale value based off of the Canadian Black Book’s 2018 Best Retained Value Awards. But how do you ensure you’re not losing out on thousands of dollars? By purchasing a vehicle with a good resale value! The majority of us don’t drive our vehicle until the day it dies, meaning you’re probably going to want to drive something else within a few years. In fact, most vehicles lose 10% of their value within the first year. ![]() The moment you drive your new vehicle off the dealership lot, it begins to depreciate. Understanding your vehicle’s resale value prepares you to know whether trading it in or selling is the better option.Īccording to the Canadian Black Book (CBB), depreciation is typically the largest expense in a full buy-own-sell cycle. It’s a key component to making sure you get a better return on investment. One of the most overlooked costs that comes with buying a vehicle is the cost of depreciation.
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