All of the SUVs With the Best Resale Value for 2023, According to Kelley Blue Book
Considering the resale value of any new car, or truck before signing on the dotted line is a good idea. These SUVs with the best resale value for 2023 top the Kelley Blue Book list and have a lot to offer. Following brands like Ford, Subaru and can help save money in the long run while maintaining value during the first few years of ownership.
Kelley Blue Book SUVs with the best resale value for 2023
knows a thing or two about good value for money. There were plenty of SUVs to choose from for the 2023 Best Resale Value awards. The table below shows all the best resale value SUVs for 2023, according to KBB experts.
, retaining 65.4% of its value over the first five years of ownership. For 2023, the Bronco started at $34,095 and was fully customizable from the factory. It follows the 2023 Subaru Crosstrek, which holds 61.0% of its value over five years. Subaru also made the 2023 Forester on this list, retaining 60.6% of its value. Starting at just $23,645, the Outback is a subcompact SUV that fits many budgets and holds 57.8 percent of the value.
SUV make and model | resale value |
2023 Subaru Crosstrek | 61.0% |
Subaru Forestry from 2023 | 60.6% |
2023 Subaru Outback | 57.8% |
2023 Hyundai hoarding | 59.7% |
2023 GMC Yukon | 49.3% |
2023 Ford Bronco | 65.4% |
2023 Volvo XC40 | 49.0% |
2023 Toyota 4Runner | 64.4% |
Porsche Cayenne from 2023 | 46.5% |
2023 Lincoln Aviator | 46.5% |
2023 Lexus LX | 50.0% |
Any new vehicle loses value as soon as it goes off the market, but these SUVs held value for the first five years.
All the cars, trucks and SUVs with the best resale value for 2023
Kelley Blue Book also listed the best vehicles that kept the top amount of the original MSRP. Some of the previously mentioned SUVs made the list, like the 2023 Ford Bronco and the . KBB noted that the vehicles in the top 10 are better value than 95% of other models available in 2023. The average new car will keep about 45% of the original sticker price, but the options below will return about 65%.
Rank | Model | Five year resale value |
1 | 2023 Toyota Tundra | 73.3% |
2 | Toyota Tacoma 2023 (tie) | 66.0% |
2 | Tesla Model X 2023 (tie) | 66.0% |
4 | 2023 Ford Bronco | 65.4% |
5 | 2023 Chevrolet Corvette | 65.3% |
6 | 2023 Toyota 4Runner | 64.4% |
7 | 2023 Honda Civic | 62.5% |
8 | 2023 Ford Maverick | 61.7% |
9 | Subaru Crosstrek 2023 (tie) | 61.0% |
9 | 2023 Jeep Gladiator (tie) | 61.0% |
According to research by Kelley Blue Book, a $35,000 vehicle loses about $7,000 during the average five-year buyback ownership cycle. Choosing an SUV with the best resale value for 2023 can help you save money in the long run.
Kelley Blue Book’s top resale value brands were Toyota and Lexus
Topping Kelley Blue Book’s 2023 Best Resale Value Awards, he came in first. This truck held 73.3% of its value in its first five years. Toyota had plenty of options in the top 10, but the 2023 full-size Tundra pickup was ahead of the others by more than seven percent. Other Toyota vehicles on the list include the Tacoma and 4Runner.
Brands like Toyota and Lexus aren’t new to good-value premiums, and both options had plenty of vehicles on the list. Along with the Toyota cars mentioned above, Kelley Blue Book found that the 2023 Lexus LX and 2023 Lexus LS offered good value for customers.
At the end of the day, these SUVs with the best resale value for 2023 offer drivers some peace of mind. Selecting a new car, truck or SUV can be stressful, but some of these options might make the process a little easier.