A new Kelley Blue Book report says the average vehicle will be worth 45% of its list price after five years, but that the Toyota Tundra will hold onto 73.3% of its value.
it projects will hold their value the best over five years, and the top two are from the Japanese brand.
The report says that the average mainstream vehicle will be worth 45% of its sale price after 60 months, but the top 10 retain an average of 65% of their value. The difference in value for a $35,000 vehicle would be $7,000, with resale values of $15,750 and $22,750, respectively.Number one on the list for the second year in a row is the new Toyota Tundra, which was redesigned for 2022 and is expected to retain 73.3% of its value over the period. The full-size pickup has starting prices ranging from $39,660 to $77,940, depending on the trim.The Tundra was followed by the midsize Tacoma pickup, which tied with the Tesla Model X at 66%.
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