7 Sports Cars That Last the Longest Over 5 Years
The used car resource iSeeCars has compiled a study analyzing depreciation rates of various vehicle types to determine which brands and models depreciate the slowest. GOBankingRates has identified seven sports cars that maintain their value over a five-year span.
1. Porsche 911
Average 5-year depreciation: 19.5% Loss of value vs. MSRP: $24,428
The Porsche 911 has the lowest depreciation rate over five years of any vehicle type on the market, making it a sound automotive investment. It can net a significant amount in the used car market if resold.
2. Porsche 718
Average 5-year depreciation: 21.8% Loss of value vs. MSRP: $15,851
The Porsche 718 also experiences slow depreciation due to its iconic brand, high performance, and advanced design.
3. Chevrolet Camaro
Average 5-year depreciation: 28% Loss of value vs. MSRP: $8,653
The Chevrolet Camaro holds its value well due to its popularity among car shoppers looking for sporty used rides.
4. Ford Mustang
Average 5-year depreciation: 29.2% Loss of value vs. MSRP: $9,325
The Ford Mustang’s value remains high due to its iconic status and reputation for reliability.
5. Porsche 718 Boxster
Average 5-year depreciation: 29.6% Loss of value vs. MSRP: $22,155
The Porsche 718 Boxster holds its value well, similar to other Porsche models, due to its design and performance.
6. Subaru BRZ
Average 5-year depreciation: 30.2% Loss of value vs. MSRP: $9,424
The Subaru BRZ retains its value due to its powerful motor, roomy interior, and smooth-running technology.
7. Chevrolet Corvette
Average 5-year depreciation: 33.7% Loss of value vs. MSRP: $25,343
The Chevrolet Corvette tends to depreciate slower than most sports cars and performs well in the resale market due to its iconic status.
These sports cars are likely to maintain their value over time, making them good investments for car enthusiasts.