Depreciation Comparison – Top 5 Used Sedans
If you’re in the market for a family sedan, the top 5 choices for you are:
- Honda Accord
- Hyundai Sonata
- Kia Optima
- Nissan Altima
- Toyota Camry
These five vehicles are rated highest for most categories, unfortunately no US made vehicles made this top 5 list.
In this post, we will cover the depreciation of these 5 vehicles for 6 years in the future.
Since most used cars sold at a dealer’s lot are lease turn-ins, the subject of this review will be 2017 model vehicles.
Depreciation table for the top 5 used sedans sold in the US.
Year | Make | Model | Current Value | 12 Months | 24 Months | 36 Months | 48 Months | 60 Months | 72 Months | ||||||
2017 | Honda | Accord | $14,795 | $12696 | 86% | $11054 | 75% | $9407 | 64% | $8065 | 55% | $6789 | 46% | $5807 | 39% |
2017 | Hyundai | Sonata | $12,550 | $10502 | 84% | $8775 | 70% | $7140 | 56% | $5859 | 47% | $4697 | 37% | $3931 | 31% |
2017 | Kia | Optima | $12,834 | $10331 | 80% | $8587 | 67% | $7015 | 55% | $5821 | 45% | $4790 | 37% | $4081 | 32% |
2017 | Nissan | Altima | $10,475 | $9407 | 90% | $8232 | 79% | $6967 | 67% | $5982 | 56% | $5042 | 48% | $4357 | 42% |
2017 | Toyota | Camry | $13,994 | $11805 | 84% | $10422 | 74% | $8991 | 64% | $7847 | 56% | $6738 | 48% | $5844 | 42% |
As a percentage of its current value, the Toyota Camry ties with the Nissan Altima for having the highest residual value after 5 years. However, the Altima has a higher cost of ownership making the Toyota Camry the king of used sedans in the US.