If you’re in the market for a new car, chances are you’re facing a common dilemma. Buy used cars or new? There are a ton of factors that affect this decision, some personal, others factual. This article discusses one of the non-personal factors: which vehicles will retain their value five years down the road?
This information can help you, whether you decide to buy new or used. If you decide to buy new, knowing which vehicles will retain their value can help you decide where to start your search. If you decide to buy used, knowing which vehicles still have a decent value can give you an idea of what to look for when you start visiting the businesses in your area where you can Buy Used Cars. Heritage Motors has a wide selection of quality pre-owned cars, so you should stop by today and take a look!
Take a look at the top ten vehicles expected to retain their value over the next five years, and specifically at what makes them retain their value.
1. Toyota Scion TC – Its features include low price, reliability, two door design combined with a decently sized backseat, and a sporty look.
2. Honda Civic – Positive features for this car are fuel efficiency, seating for five, and reliability.
3. Lexus LX – This vehicle offers reliability, good towing capacity, large engine, and luxurious interior.
4. Porsche Cayenne – People love this vehicle for its high horsepower combined with decent fuel efficiency for a vehicle this size (plus, it’s a
Porsche).
5. Toyota Land Cruiser – This SUV presents body style with lots of space and 4 wheel drive functionality.
6. Toyota 4Runner – This choice also offers style, passenger space, and 4 wheel drive.
7. Honda CR-V – Its pros include lots of cargo room, fuel efficiency, and reliability.
8. Jeep Wrangler – For those who enjoy off road capability, this option offers plenty of clearance and four wheel drive.
9. Toyota Tacoma – Provides durability combined with the power and towing and hauling benefits of a midsized truck.
10. Toyota FJ Cruiser – Offers high horsepower, big engine, good towing capacity, durability and reliability.
After five years, these vehicles still have between 46.5% to 63% of their original retail value. How is this helpful to you? The biggest reason is that if you decide to Buy Used Cars, and see these models on the lot, you know why they are still priced so high even though they are used. This also answers why they are well worth the price and will continue to hold their value once you purchase them.
