The Ford Maverick, Toyota Tacoma, and Tesla Model X are some of the best new cars for minimal depreciation, Kelley Blue Book says.
Ford
The average new car bought in 2023 will depreciate by more than half in five years, according to Kelley Blue Book.
But some cars hold their value much better than others, according to a new study from the research firm.
Toyota, Ford, and Tesla make some of the best cars for shoppers worried about depreciation.
A new car starts depreciating the second you drive it off the lot. But some models hold their value over time better than others.Borrowers with poor credit may qualify for a loan more easily through a captive lender.
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Kelley Blue Book on Sunday released its annual Best Resale Value Awards, recognizing the new cars, trucks, and SUVs that put the most money back in their owners' pockets after years on the road.Hyundai SUVs at a car dealership.
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The average new vehicle will only be worth 45% of its starting price five years down the line, the automotive research firm says.A Toyota dealership in Florida.
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But it projects that the 10 2023 models it chose for this year's top awards will fare better than 95% of the car market, retaining 65% of their value over the same period.A used car lot is shown Friday, June 10, 2022, in Salt Lake City.
![[EMBARGO 6/8/2021 6 AM ET DNP] 2022 Ford Maverick](https://i.insider.com/6406458b934c2c001802c9d2?format=jpeg)
