Lexi Webster
When it comes to buying a car, one of the most important considerations is its resale value. In Australia, some cars are known for consistently offering better resale value, making them a smart investment for those looking to maximise their return when it's time to sell. So, which cars have the best resale value in Australia?
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What You'll Learn
- Toyota models, including the Corolla, Camry, and Land Cruiser, are renowned for their durability and reliability
- Honda CR-V is a popular choice for families and urban drivers, offering practicality and performance
- Mitsubishi Mirage and Outlander are affordable and have high resale values
- Nissan Leaf electric car and small SUV have excellent value retention
- Subaru Outback is a versatile and reliable SUV, ideal for families and outdoor enthusiasts
Toyota models, including the Corolla, Camry, and Land Cruiser, are renowned for their durability and reliability
The Toyota Corolla, one of the world's best-selling cars, has been a fixture on Australian roads since the 1960s. Its popularity is attributed to its reliability, fuel efficiency, and low running costs. The Corolla offers a surprisingly roomy interior for a small car, providing ample space for both passengers and cargo. With a predicted reliability score of 79 out of 100, the Corolla is a practical and dependable choice for many Australians.
The Toyota Camry, a spacious midsize sedan, offers a comfortable driving experience with plenty of standard features. The 2025 model has been redesigned with updated technology and new powertrain options, showcasing Toyota's commitment to innovation and improvement. While the Camry provides a pleasant driving experience, some adults may desire more headroom in the rear seats. Nonetheless, the Camry stands out for its spacious interior, solid build quality, and pleasant design.
The Toyota Land Cruiser is recognised for its durability, reliability, and off-road capability. The Land Cruiser's reputation for being a reliable workhorse makes it highly sought-after, especially among those seeking adventure. The Land Cruiser's exceptional durability and reliability are, in part, due to its robustly engineered engine, ensuring that it retains its value exceptionally well in the used car market.
Toyota's commitment to quality and innovation is evident across these models, solidifying their reputation for producing durable and reliable vehicles. The Corolla, Camry, and Land Cruiser offer a range of features that cater to diverse consumer needs, from fuel efficiency to spacious interiors and off-road capabilities. With their strong resale value, these Toyota models are a wise choice for those seeking a dependable and financially prudent investment in the Australian market.
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Honda CR-V is a popular choice for families and urban drivers, offering practicality and performance
When it comes to the best resale value in Australia, small and affordable vehicles tend to top the list. While Toyotas are known for their high resale value, other vehicles like the Mitsubishi Mirage and Outlander are also strong contenders. For those seeking an electric car, Nissan's Leaf offers excellent value retention.
The Honda CR-V is a popular choice for families and urban drivers, offering practicality and performance. It is a compact SUV known for its spacious interior, comfort, and Honda's strong brand image for engineering prowess. The CR-V is well-loved for its blend of convenience and performance, making it a smart financial decision for those seeking a reliable vehicle with strong resale value.
The CR-V's practicality extends to its fuel efficiency and well-equipped interior, making it a favourite among Australian families. It offers a stylish design, fuel efficiency, and a spacious interior, ensuring broad appeal across various buyer profiles. This versatility contributes to its strong resale value, as it caters to a diverse range of needs and preferences.
The Honda CR-V's reputation for reliability further enhances its resale value. Buyers seeking a dependable vehicle are drawn to the CR-V, recognising Honda's engineering expertise and the CR-V's consistent performance. This trust in the brand and model ensures that the CR-V holds its value well in the used car market, making it a smart investment for those who plan to resell in the future.
Additionally, the Honda CR-V's blend of performance and comfort adds to its resale value proposition. It offers a refined driving experience, striking a perfect balance with its practicality. This combination appeals to a wide range of drivers, from those seeking a comfortable family vehicle to those needing an efficient urban commute. As a result, the Honda CR-V remains in high demand, even as a used car, reflecting its strong performance in the resale market.
Overall, the Honda CR-V is a versatile and reliable vehicle that caters to the needs of families and urban drivers alike. Its combination of practicality, performance, and brand reputation contributes to its strong resale value in Australia, making it a smart choice for those seeking both functionality and financial retention.
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Mitsubishi Mirage and Outlander are affordable and have high resale values
When it comes to the best resale value for cars in Australia, small and affordable vehicles tend to top the list. The Mitsubishi Mirage, a long-running model, boasts the highest retained value on average. It's a great choice if you're looking for a reliable and affordable car with excellent resale potential.
The Mitsubishi Mirage has been a popular option for Australian drivers, offering a comfortable and efficient driving experience. With its compact size, it's easy to manoeuvre and perfect for navigating through city streets or tight parking spots. Under the hood, the Mirage delivers good fuel efficiency, making it economical for daily commutes.
Additionally, the Mitsubishi Outlander is another affordable option that holds its value well in the Australian market. This SUV has been tailored to suit Australian tastes, making it a compelling mid-size SUV choice. It offers excellent value for money, with spacious seating for up to seven people and a range of features that enhance its practicality and comfort.
The Outlander is a versatile vehicle, offering both two-wheel drive and four-wheel drive options, making it capable on various terrains. Its sleek design and ample features, such as climate control, rear air conditioning, a rear vision camera, and Bluetooth connectivity, make it a desirable option for those seeking a modern and well-equipped SUV.
Both the Mitsubishi Mirage and the Outlander are excellent choices for those seeking affordable vehicles with high resale values in Australia. Their popularity and strong value retention make them smart options for cost-conscious buyers who want to make a sound investment when purchasing a car.
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Nissan Leaf electric car and small SUV have excellent value retention
When it comes to the best resale value for cars in Australia, small, affordable vehicles tend to top the list. While Toyota models are known for their high resale value, Nissan's electric car, the Leaf, and its small SUV also exhibit excellent value retention.
The Nissan Leaf, Nissan's only electric car offering in Australia, has shown impressive value retention of 81.4% on average. Specifically, the entry-level grade retains 81.4% of its value after three years, while the pricier Leaf e+ variant is close behind at 81.3% resale value over the same period. This is especially notable given that the Leaf is one of the oldest electric cars available in Australia, with the current model launched in 2017 and the original version dating back to 2010.
The Leaf's strong resale value can be attributed to its durability and longevity. According to Nissan's National Manager for Electrification and Mobility, Ben Warren, the majority of first-generation Leaf models that arrived in Australia over a decade ago are still running on their original batteries. This testament to the Leaf's reliability contributes to its attractive resale value proposition.
In addition to the Nissan Leaf's impressive performance, Nissan's small SUV also demonstrates solid resale value. On average, the SUV retains 78.9% of its value after three years. The ST-L variant, which is one step down from the top of the range, showcases even better value retention at 80.6%.
Nissan has been proactive in pricing its electric vehicles competitively in Australia. The 2024 Nissan Leaf hatchback, for instance, had its price slashed by up to $21,000, making it the second-cheapest electric vehicle in the country at the time. This pricing strategy, combined with the Leaf's proven durability, contributes to its strong value retention.
In summary, the Nissan Leaf electric car and Nissan's small SUV offer excellent value retention in Australia. With impressive resale values, durability, and competitive pricing, these Nissan models are attractive options for those seeking vehicles that hold their value well.
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Subaru Outback is a versatile and reliable SUV, ideal for families and outdoor enthusiasts
If you're in the market for a versatile and reliable SUV that's ideal for families and outdoor enthusiasts, the Subaru Outback could be the perfect choice for you. With its spacious interior and expandable cargo space, this mid-size SUV can comfortably accommodate a family of five, making it a great option for those busy schedules filled with morning commutes, school drop-offs, and family outings.
The Outback has built a strong reputation for its reliability and durability, ensuring it holds its value well in the used car market. In fact, according to Consumer Reports, 96% of Subaru Outback vehicles sold in the last 10 years are still on the road today, outperforming competitors like the Honda CR-V, Toyota RAV4, and Hyundai Santa Fe. This impressive statistic speaks to the longevity and dependability that Outback owners can expect.
When it comes to performance, the Outback delivers an exceptional combination of adventurous capability and safety features. With standard all-wheel drive, up to 9.5 inches of ground clearance, and selectable variable-terrain drive modes, the Outback is a capable light-duty off-roader that can handle a variety of terrain. Its advanced safety features, such as EyeSight Driver Assist Technology and the DriverFocus Distraction Mitigation System, provide peace of mind on every drive.
The 2026 Subaru Outback has been entirely redesigned, offering a fresh new look and enhanced features. While it retains its standard all-wheel drive and flat-four-cylinder engine, the new model adopts a mid-size SUV body style, providing more interior space for passengers and cargo. The interior has also been updated with contemporary styling and improved infotainment technology, ensuring a more modern and comfortable driving experience.
With its versatility, reliability, and strong resale value, the Subaru Outback is an excellent choice for families and outdoor enthusiasts seeking a dependable and capable SUV that can keep up with their active lifestyles.
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Frequently asked questions
The Toyota Corolla is the best car to purchase in Australia if you want it to retain its value. In fact, it tends to increase in value over time, at an average of 17% more than its original price.
The Mitsubishi Mirage has the highest average retained value. The Jeep Grand Cherokee, Nissan Leaf, and Nissan X-Trail are also strong performers on the used-car market.
The Subaru Outback is a versatile SUV with a strong resale value. The Toyota RAV4 is another SUV with a high resale value due to its popularity and reputation for durability.
Toyota and Honda lead the way for car brands holding their value. This is due to factors like reliability, brand perception, and resale demand.
