Which Car Options are Worth Having?
Some manufacturers such as Honda keep things simple, while others give you a plethora of options and packages to choose from. If you intend to sell your car after a few years, it's important to choose options that will retain their value well and avoid frivolous options that will eat up your money.
According to ALG, a company that predicts the future value of vehicles, the following options are well-worth their price.
This is an option that most drivers tend to use at some point and many used car buyers value very highly. These days, most new cars already come standard with cruise control, but if yours doesn't and it's available as an option, it's money well spent.
Power Windows and Locks
Most new cars come standard with power windows and door locks, but you'll find this missing on the lower trim models - especially on the compact and sub-compact cars. This option is well worth having when it comes to selling the car down the road.
When it comes time to sell your car, if it's missing air conditioning, you're going to have a much tougher time selling it - especially if you're in one of the warmer regions of the country. Don't skimp on this option.
Power seats tend to hold their value well, especially in situations where more than one person will be driving the vehicle.
The overwhelming majority of drivers prefer automatic transmissions. This option will hold its value well when it comes time to sell.
I'm on the fence when it comes to leather seats. They tend to hold their value about as well as the overall vehicle, which means you should expect a 50% depreciation after only 3 years.
3 Steps Every Car Buyer Needs to Take to Save Maximum MoneyThe key to getting the best deal is to gather price or lease bids from as many local dealers as possible. Then shop that best price around until no one can beat it. Here are the steps:
Step 1 Get Prices From My Trusted NetworkSelect the vehicle you're interested in to see if there are local dealers in my network who will provide you with their best upfront price. You will get direct access to an internet sales manager who you can further negotiate with online (no need to visit dealership).
Step 2 Get Prices From TrueCar / CarsDirectTrueCar, and CarsDirect are my top 2 online price quote recommendations. These services show you pre-negotiated prices from dealers closest to you - and the deals are usually pretty decent. But remember, you can still negotiate further.
Step 3 Complete my ChecklistFollow this up with my checklist to make sure you squeeze out every last bit of savings.
- Gregg Fidan
Each week, I'll keep you up-to-date on the latest car deals and news that might affect your purchase. This includes...
- Best Rebates, Incentives, and Lease Deals
- Latest Car Buying Scams and Tricks
- The Best & Worst Time to Buy a Car
- Which Cars You Should Avoid