ALG does annual studies to recognize brands & individual models that best retain their value.
The awards were given out recently, and you'll never guess what's on the list.ALG’s 2020 Pre-Owned Value Awards [...] look at the lowest forecasted depreciation for vehicles that are now two to five years old, figuring out what they’ll be worth as used vehicles from 2019 to 2022.
OK, give up??
The Mitsubishi Mirage!
Of course, the writer couldn't resist injecting some all-too-common autojourno snark about the car:
Source: https://driving.ca/honda/features/fe...020-alg-reportBut wait, what’s this? The subcompact car least likely to depreciate over the next few years is the — Mitsubishi Mirage?
It starts just under $11,000 in Canada, and J.D. Power ranks it 13th among subcompacts, behind vehicles like the Chevy Sonic. But while there isn’t anyone in our newsroom who’d willingly take it over anything but a bus pass, Power also gives it a “Great” rating for its resale value, too. Who knew?
From the horse's mouth (ALG press release): https://www.alg.com/newsroom/Toyota-...ue-Awards.html