Cars With the Highest Resale Value
July 25, 2013
Let's face it -- when you're buying a new car, the last thing you're thinking about is whether the resale value of the car is going to hold up if you decide to sell it in a few years.
However, a car is an asset and you want it to retain its value so if you do decide to sell t in a few years, you don't feel like you got short changed. BankRate.com recently put together a list of the top six vehicles with the highest resale value. On their list are the Honda Fit, Hyundai Azera, and Toyota FJ Cruiser.
Thinking of buying one of these vehicles? Make sure to use the free CarWoo Deal Finder to get the biggest discounts.
Top 6 Cars With Best Resale Value After 3 Years
| Vehicle | MSRP | KBB Resale Value | ALG Resale Value |
|---|---|---|---|
| Honda Fit | $15,425 | 61.5% | 56.4% |
| Honda Civic | $18,165 | 62.3% | 58.7% |
| Honda Accord | $21,680 | 58.4% | 56.6% |
| Toyota FJ Cruiser | $27,030 | 76.0% | 61.8% |
| Hyundai Azera | $32,250 | N/A | 54.0% |
| Lexus GS 350 | $47,250 | 63.0% | 52.4% |
My Recommendation for Car Shoppers
TrueCar, Edmunds, and 1-800 Car Show are the quickest way to see the lowest car prices in your area. These sites show you no-haggle prices from dealers closest to you - and the deals are usually really good. This should be the first step you take when negotiating your car price. Follow this up with my checklist to make sure you squeeze out every last bit of savings.New York Tri-State Residents - Important:
There is a new car leasing service called Carvoy, available to NY tri-state area residents, which I recommend you try - especially if you hate the stress of haggling with car dealerships. Carvoy provides pre-negotiated lease deals, calculated with taxes and all fees incuded so you know exactly what it will cost. Here is my list of Best Carvoy deals, updated each month.- Gregg Fidan
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About: Gregg Fidan
Gregg Fidan + is the founder of RealCarTips. After being ripped off on his first car purchase, he devoted several years to figuring out the best ways to avoid scams and negotiate the best car deals. He has written hundreds of articles on the subject of car buying and taught thousands of car shoppers how to get the best deals.
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