Now Less Crushingly Boring
There’s a lot to be said for buying a car that retains its value over time, but if your most significant reaction to the car in your driveway is to stifle a yawn, maybe resale value isn’t all there is to owning a car. That was always the problem with the Kelly Blue Book list of cars with best resale values, which was updated this week at the LA Auto Show: It used to be filled with nothing but Camrys. Now it’s got at least a few interesting models to choose from.
Kelly Blue Book’s list is based on resale value after 36 and 60 months. Obviously, there’s a lot of prognostication going on to try and determine those numbers. KBB.com has 22 separate awards categories, but we’ll stick to the overall top 10:
10: 2014 Dodge Challenger
Kind of surprising that a Challenger that hasn’t changed a whole lot makes the list for 2014, but if you’ve been out looking for these things on the used market, you know that the V-8 models have consistently held their value since day one.
9: 2014 Chevy Silverado
After driving the updated GMC Sierra (seen here) based on the same GMT K2XX platform last week, it came as no surprise to us that this truck landed on Kelly’s Top 10 list. It’s a solid performer with major updates over the GMT 900. Looks are subjective, but from the driver’s seat, it’s a winner.
8: 2014 Honda CR-V
Here’s where the list starts to take a hard left to Snoozeville. With an all-new Subaru Forester in production, along with the Jeep Cherokee out this year, it’s surprising to see the Honda CR-V still retaining 63 percent of its resale value for the 2014 model year. A lot of people like vanilla, too.
7: 2014 Chevrolet Camaro
One of three Chevrolets in the Top 10 list this year – just behind four Toyotas (the top of which we question heartily). The Camaro’s styling improvements and the introduction of the breathtakingly fast Z/28 earn it a solid spot on the list this year, retaining 63.7 percent of its purchase price after 36 months.
6. 2014 Toyota Tundra
Here’s where the list starts going a little haywire. The Tundra might well have significantly high resale value, but KBB must have only been factoring resale for the F150 and the Silverado 1500/Sierra 1500 in its calculations. Anything over three-quarter ton from Ford or Chevy would push either of those brands higher than the Tundra.
5. 2014 Chevrolet Corvette
No surprises at all here: When dealers are ringing up surcharges to get an early 2014 Corvette, you know the resale values are going to remain high. Holding onto 67.5 percent of its value after 36 months, you’d almost be stupid not to buy a ‘Vette.
4. 2014 Toyota 4Runner
The 4Runner not only looks good, it’s got the off-road chops that make it a competitor to ultra-luxury off-roaders at twice the price. You simply can’t argue its appeal. Interestingly, it places 4th on the list, but its 36 month resale is actually lower than the #5 Corvette’s. It’s the 56.2 percent it retains after 60 months that give it the boost it needs to get a fourth place finish.
3: 2014 Jeep Wrangler
Having looked closely at the prices for used Jeep Wranglers, we can say that there’s almost no reason NOT to purchase a new one. Interestingly, if you steer clear of the options list and select the two-door model, the Wrangler is also one of the least expensive small SUVs you can purchase.
2: 2014 Toyota Tacoma
After all of Toyota’s rusty pickup frame woes over the last few years, it’s surprising to see that the Tacoma still retains 63.7 percent of its purchase price after three years. The bottom line is that Toyota still delivers what customers are looking for in a smaller truck.
1. 2014 Toyota FJ Cruiser
What? Aside from its rarity – selling only 13,000 or so units every year – it’s hard to understand how a fuel-hungry, visibility challenged, completely unrevised vehicle from 2006 manages to sit as high on the list as it does. KBB.com predicts that a 2014 FJ Cruiser will retain 81 percent of its value after 36 months. Not sure we’d want to place that wager.