It's no secret that cars depreciate as soon as you drive them off the forecourt. And many understand that they can lose up to a whopping 60% of their value during the first five years of life. However, some car values don't depreciate as much as others.

Whether you're looking to purchase a car that retains its value well or you want to see if your current vehicle has earned a place on the top five list, you're in the right place; that's exactly what we're covering here.

Top 5 Cars That Hold The Most Value

1. Volkswagen Transporter

Retained value percentage: 84%. Volkswagen always represents best-in-class for reliability. As such, they sell for incredibly high values across all their ranges, even when they're aged five years and older. Compared to other brands, they're affordable to maintain and repair, making them even more desirable among those without super-high incomes. 

Ultimately, the Transporter's ranking solidifies a trend often seen in the industry — vehicles that can be utilized for trade, particularly with low mileage, are in high demand. Thus, they fetch higher prices when sold in fair condition, regardless of their age. 

2. Land Rover Defender

Retained value percentage: 74.97%. The brand took a long time to bring out the new Defender, and the market was more than ready for it in 2020. Today, it's the slowest depreciating car in the market, thanks to the still-thriving demand and the iconic name.

Data shows you can buy a new Defender and it will still be worth 74.97% of what you bought it for in a few years — even if you use it every single day! Despite the 110 models driving the highest numbers, you can still purchase a Defender 90 and retain 70.9% of its value after the same usage period.

3. Porsche Macan

Retained value percentage: 70.49%. Unlike other Porsche cars, the Macan is a small SUV that isn't a limited edition. Sitting at a relatively affordable figure by Porsche standards, it retains its value exceptionally well, thanks to the popularity of compact SUVs and the manufacturer's skill in crafting a car of this ilk. If you can afford it, buying one is certainly a good investment.

4. MG4 EV

Retained value percentage: 66.49%. MG has found a new lease of life as a budget brand with a focus on electric vehicles. While it's found some success, the MG4 hatchback is the car to skyrocket into a whole new world of desirability. It's well-built and roomy, retaining a whopping 66% of its value and making it the best-performing car of its price point and size.

5. Ford Ranger

Retained value percentage: 60%. It's a pick-up truck. And as previously mentioned, they tend to fetch higher rates than standard cars. Thus, you may be surprised by how much you can sell your Ford Ranger for in today's market!

How Your Car Value Can Help You Borrow Money

Whether you have one of the cars with the slowest depreciation or not, you can use your car value to borrow money to fund emergencies like veterinary fees, unexpected home repairs, or medical bills. This type of loan is called a title loan and uses your lien-free vehicle title as collateral, allowing you to borrow cash without having a great credit score. Here's how to get title loans from us at Fast Auto Loans, Inc.:

1. Complete the online form on this website.
2. We'll give you a call to discuss the requirements, ensure you understand the process, set up a meeting location, and answer any questions. We can conduct the in-person portion of the process at your home, workplace, or local Fast Auto Loans, Inc. branch.
3. Regardless of where you meet us, make sure you bring everything you need to qualify for our title loans. This includes your driver's license or another form of state-issued identification, your vehicle (i.e., your truck, car, or van), and your lien-free title. 
4. When you arrive, we'll go over the documents and conduct a quick five-minute examination to determine how much you can borrow. As previously mentioned, this is based on your car value. 
5. If you are happy with the amount we can lend you, sign the paperwork. We'll tell you exactly where to sign your name.
6. Finally, you'll receive the money you need on the same or the following bank business day.

Depending on your car value, you can borrow between $300 and $15,000.

Get Title Loans From Fast Auto Loans, Inc. Today!

The Volkswagen Transporter, Land Rover Defender, Porsche Macan, MG4 EV, and Ford Ranger are the top five cars that retain their value. Even if you don't own one of these, you can still use your car value to borrow money through title loans from us at Fast Auto Loans, Inc. Just complete our online inquiry form and we'll be in touch to guide you through the rest of the process. It isn't as stressful as you might think!

Note: The content provided in this article is only for informational purposes, and you should contact your financial advisor about your specific financial situation.