What Car Holds Its Value The Best

Had a double win. Simply choosing a vehicle that has better resale value than the others on your shopping list is one of the easiest ways to save money when buying a new car. At the brand level honda motor corp.

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Luxury cars also tend to lose more value at least initially than do mid market brands largely because theres more money to lose.

What car holds its value the best. About the best resale value awards. Americas sports car is a performance bargain when new which explains why the chevrolet corvette retains its value better than most other sports cars and all luxury cars. Over the first five years of new car ownership depreciation is a bigger expense than fuel maintenance or insurance. Honda won the mainstream award with an average projected retail value of 501 percent after five years and acura took the luxury title with a 454 percent value.

It seems like there are some suvs that hold their value much better than others managing to avoid the depreciation that plagues almost every new vehicle in the first few years after it rolls off the lot. So what kinds of cars retain their value the best. Toyota and its lexus division were named best brand and best luxury brand respectively for their ability to retain their cars value over the first five years of ownership. A dream car for many.

When considering which car to buy resale value may affect your decision.