TRUCKS

The 2023 Toyota Tundra Reigns Supreme with Unmatched Resale Value

While resale value may not be a top priority for all shoppers, it is something worth considering before deciding on a new car, or SUV. The 2023 Toyota Tundra took first place in Kelley Blue Book’s Best Resale Value 2023 Awards. It had several options in the top ten, but the full-size truck was more than seven percent ahead of the rest.

The 2023 Toyota Tundra is a better value than any other car

2023 Toyota Tundra | Amanda Klein, Motor Biscuit

Collects all vehicles that offer the best resale value each year. The 2023 Toyota Tundra offered the best resale value of the year, at 73.3% over five years. After five years, the average new car has kept about 45% of its original MSRP, but the cars on the Kelley Blue Book list go off just as easily.

It is no stranger to this award, known as one of the class-leading trucks for reliability and resale value. For this year, the Tundra’s base model still starts at under $36,565 and comes well-equipped.

More options from the brand have joined the 2023 Toyota Tundra

At the top of the 2023 Toyota Tundra list, the automaker also saw the 2023 Tesla Model X tie for second place with 66.0%. The 2023 Toyota 4Runner landed in sixth place, capturing 64.4% of its value over five years.

Ford also topped the list with the 2023 Bronco and the new 2023 Maverick truck. The list below shows the cars, trucks, and SUVs with the best gross resale values ​​for 2023.

rank model Resale value for five years
1 2023 Toyota Tundra 73.3%
2 2023 Toyota Tacoma (Tie) 66.0%
2 2023 Tesla Model X (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 2023 Subaru Crosstrek (Tie) 61.0%
9 2023 Jeep Gladiator (Tie) 61.0%
2023 Kelly Blue Book Award Winners for Best Resale Value | KBB

After last year’s redesign, the Tundra appears to have maintained and increased its reputation for reliability and resale value as well. For the 2022 Best Resale Value awards, the 2022 Toyota Tundra ranked first with 70.2% of its value over five years.

Toyota and Lexus were the top Kelley Blue Book brands for resale value

Related

Brands like Toyota and Lexus aren’t new to good value prizes, and both options had plenty of cars on the list. Besides the aforementioned Toyota vehicles, Kelley Blue Book found the 2023 Lexus LS to offer customers good value.

Either way, the 2023 Toyota Tundra proves to be a better value pack than any other option on the market for this year. While a full-size truck like the Tundra may not be the vehicle for everyone, Toyota has enough options for customers in all segments.

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