Considering the resale value of any new car, truck, or SUV before signing on the dotted line is a good idea. These SUVs with the best resale value for 2023 topped the Kelley Blue Book’s list and have plenty to offer. The sport utility vehicles below from brands like Ford, Subaru, and Toyota can help save money in the long run by holding onto value over the first few years of ownership.
Kelley Blue Book knows a thing or two about good value. There were many SUVs to choose from on the 2023 Best Resale Value awards. The table below shows all of the SUVs with the best resale value for 2023, according to the experts at KBB.
At the top of that list is the 2023 Ford Bronco, retaining 65.4% of its value over the first five years of ownership. For 2023, the Bronco started at $34,095 and was entirely customizable from the factory. That’s followed by the 2023 Subaru Crosstrek, holding 61.0% of its value over five years. Subaru also had the 2023 Forester make this list, holding onto 60.6% of its value. Starting at only $23,645, the Outback is a subcompact SUV that fits into many budgets and holds 57.8% of the value.
SUVs with the best resale value for 2023 | Kelley Blue Book
Any new vehicle loses value as soon as it drives off the list, but these sport utility vehicles retained value over the first five years.
Kelley Blue Book also listed the best vehicles that retained the highest amount of the original MSRP. Some of the SUVs previously mentioned made the list, such as the 2023 Ford Bronco and the 2023 Lexus LX. KBB noted that the vehicles in the top 10 held value better than 95% of other models available in 2023. The average new car will hold about 45% of the original sticker price, but the options below will return around 65%.