Best Resale Value for Cars, SUVs, and Trucks in 2022

2022-05-29 14:19:28 By : Mr. Aries Gu

ALG, a division of J.D. Power, has announced its annual list of vehicles with the best resale value after three years of ownership. Additionally, Honda receives the best resale value award in the mass-market category, while Lexus is the highest-ranked brand in the premium category.

For the 2022 model year, ALG considered the brand outlook, product competitiveness, and used-vehicle market performance of 284 models across 29 vehicle segments. The results of the J.D. Power 2022 U.S. ALG Residual Value Awards are as follows.

There are 11 different cars with the best resale value in 2022, including one minivan. The most affordable is the Hyundai Accent subcompact sedan, while the most expensive is the Porsche 911 Carrera.

Here is the complete list of award winners in their respective segments:

When it comes to the most popular type of vehicle in America, ALG identifies 12 SUVs with the best resale value. The most affordable is the Hyundai Kona, while the most expensive is the Jeep Grand Wagoneer.

Here is the list of SUVs with the best resale value:

If you’re looking for trucks with the best resale value, ALG has identified the four models that are most likely to hold their value during the first three years of ownership. One is a commercial van, while the others are pickups in three different size and capability segments.

These are the winners for 2022:

The electric vehicle (EV) market remains a small portion of overall new-vehicle sales, but consumer interest and the number of available models increase each passing year. For now, ALG identifies two EV models that are likely to hold their value the best.

Electric vehicles with the best resale value are as follows:

According to J.D. Power and ALG, “value retention is a key variable in the lease cost of a vehicle” and “a vital component to vehicle shoppers as it helps forecast a vehicle’s resale value once they sell or trade in the vehicle for a new one.”

However, resale is just one factor to consider when choosing a new car, SUV, or truck. Learn more about the makes and models that consumers rate highly in J.D. Power studies.

Real insights from real owners

© 2022 J.D.Power. All rights reserved.

© 2019 J.D.Power. All rights reserved.