If you’ve been following the auto industry at all this year, then you know that the used car market has never been hotter. There’s a limited supply of new vehicles on dealership lots due to the infamous chip shortage. Now add an increasing demand from consumers after enduring the shut-in lifestyle from COVID. Dealers are currently paying a premium to keep a steady stream of vehicles on their lots. Consumers can currently fetch a far higher resale price for their older vehicles and leverage themselves into newer models that might be financially unachievable under different circumstances. If you’ve been eyeing that new SUV or sports car for a while now, here are the top 2021 vehicles that are predicted to have the highest resale value.
2021 Toyota Camry
Estimated resale value for five-year-old model: 40.9%
While most sedans won’t carry the same resale premium when compared to bulkier car bodies, the Camry is an exception. Why is that? The model is synonymous with reliability. Its lengthy lifespan makes it a safe bet for most buyers. You can potentially get even more bang for your buck if your model is a V6 with all-wheel drive.
2021 Porsche Macan
Estimated resale value for five-year-old model: 42%
When it comes to combining performance with utility, few do it better than the Porsche Macan. The model has won over the support of loyalists for carrying over several styling details found in their iconic 911 model and fusing that with the utilitarian function of an SUV. The turbo V6 gets 434 hp and goes 0-60 in 4.3 seconds, giving its owners the feel of a sports car without the limited functionality. With SUVs becoming more and more valuable, the Macan is becoming a prized resale commodity.
2021 Tesla Model X
Estimated resale value for five-year-old model: 47.3%
Electric vehicles are going to continue taking up a bigger portion of the car market, and no one can deny that Tesla has been one of the market’s trendsetters. The Model X’s 360-mile range per charge and ability to seat up to seven people makes it a highly sought-after vehicle for those looking to make the switch.
2021 Mercedes Benz G-Class
Estimated resale value for five-year-old model: 48%
The G-Class models from Mercedes are a status symbol favorite. With them being a potential tax credit for business owners, it makes them extremely valuable in the used car market. Its 6,000-pound frame can take an off-road beating while also being an efficient highway cruiser. If you’re wanting to trade in, expect great things.
2021 Toyota RAV4 Hybrid
Estimated resale value for five-year-old model: 48.6%
If you’re on the road a lot, then you should know that hybrids are an absolute lifesaver when it comes to maximizing your gas mileage. The RAV4 is one of the best for this. For such practicality, anyone looking to resell will be more than happy with this compact SUV.
2021 Chevrolet Corvette
Estimated resale value for five-year-old model: 49.5%
A Chevrolet Corvette has always been a prestigious model since its inception, but its exclusivity has only grown as of late. With its pricing being around half what you’d expect to pay for a Porsche 911, many see the Corvette as a fantastic entry point into the high-end sports car market. You can bet someone else will be willing to pay top dollar in a resale for the timeless and striking design that the Corvette offers.
2021 Subaru Crosstrek
Estimated resale value for five-year-old model: 50.4%
The Subaru Crosstrek has remained a consistent mainstay when it comes to holding its value. What sets it apart is its pure versatility. Standard all-wheel-drive makes it just as good off the road as it is on. Its infotainment and safety features also ensure that drivers will have plenty of luxury at a competitive price. If you own one of these models yourself, it can go a long way.
2021 Jeep Wrangler 4-Door
Estimated resale value for five-year-old model: 55.8%
If you’ve read our article on what vehicles have consistently held their value, then you already know the Jeep Wrangler is one of the safest bets on the used car market. The near-indestructible model ensures the buyer that they’re getting legendary off-road capabilities. The 4-door variant is especially popular, as it allows for more gear and passengers. Its heritage alone makes it a worthwhile investment.
2021 GMC Sierra
Estimated resale value for five-year-old model: 56.8%
GMC’s signature pickup truck is known for being a refined workhorse. The Sierra 1500’s 9,500-pound towing potential, and independent front suspension, make for a quieter and smoother ride. It also gives this rugged monster a sense of luxury that’s difficult to find in the truck market. Anyone looking for a truck that’s both comfortable and a heavy-duty tower would be wise to consider the Sierra when looking to resell.
2021 Toyota Tundra
Estimated resale value for five-year-old model: 59%
What can’t the Toyota Tundra do? The hauler can tow 10,000 pounds, contain a family of five, possess a state-of-the-art infotainment system, and is engineered with critical safety features. It’s also the only half-ton vehicle with a V8 offered standard. This well-rounded machine can meet the niche of any driver’s lifestyle, making it the most sought-after on the resale market for 2021 vehicles.
A new vehicle is an investment. If you’re looking for a new vehicle that is going to meet your day-to-day needs AND still be worth something when you’re ready to upgrade down the line, these are the new models for you. Click here to start shopping!