Top 2021 Cars With the Best Resale Value
The average car loses about 60% of its value after five years of purchase, but some specific models can keep nearly half or more of their original market value. 2021 cars with the highest resale value are not just limited to exotic or sports models; plenty of standard vehicles preserve their value too, making them excellent options to sell in the 2024 market.
At Ken Ganley Buying Center, you can sell your 2021 car online for cash in Cleveland, Youngstown, and Chillicothe, Ohio. After an inspection of your vehicle and some straightforward paperwork, you’ll receive a check on the spot.
Why Your Car’s Resale Value Matters
Choosing a car with a higher expected resale value is a good investment. Because car payments depend on the item’s expected depreciation, a vehicle with a higher resale value will be cheaper in the long term. The following 2021 used cars are considered to have the best resale value, staying higher even after a five-year ownership term and giving you the best chance for a rewarding upgrade:
Best Resale Value Cars of 2021
According to Kelley Blue Book, a trusted resource for car valuations and automotive research, these are the best 2021 cars for resale in each category:
- Compact Car: Subaru Impreza (43.1% retained value)
- Midsize Car: Toyota Camry (40.9% retained value)
- Hybrid Vehicle: Toyota RAV4 Hybrid (48.6% retained value)
- Subcompact SUV: Subaru Crosstrek (50.4% retained value)
- Compact SUV: Subaru Forester (45% retained value)
- Midsize SUV (2-row): Subaru Outback (41.3% retained value)
- Midsize SUV (3-row): Kia Telluride (46% retained value)
- Full-Size SUV: GMC Yukon (46.4% retained value)
- Off-Road SUV: Jeep Wrangler (55.8% retained value)
- Midsize Pickup Truck: Toyota Tacoma (55.8% retained value)
- Full-Size Pickup Truck: Toyota Tundra (59% retained value)
- Full-Size Pickup Truck (Heavy Duty): GMC Sierra 2500 (56.8% retained value)
- Minivan: Toyota Sienna (44.7% retained value)
Overall, SUVs and pickup trucks are the best cars for resale. They retain value more than compact and midsize cars. However, it’s good to note that these cars often have a higher initial price.
Sell Your Car for Cash in Ohio with Ken Ganley
Ken Ganley’s method is a simple and stress-free system:
- Enter your VIN or license plate number.
- Schedule an inspection where we’ll assess your car’s condition.
- Complete our streamlined paperwork to comply with the regulations. This formality won’t take long.
- Prepare to get paid on the spot. We’ll cut you a check as soon as the paperwork is done.
We pay in cash what your car is truly worth, allowing you to maximize your budget. Forget about haggling with private buyers or unprofessional dealerships. If you want a higher return on your investment, resell your 2021 vehicle in 2024 to Ken Ganley.