Top 10 Cars with the Best Resale Values
The average car loses about 50% of its value after only 3 years.
This isn't a problem if you intend to keep your car until the wheels fall off, but for those who like to trade up every 3 to 6 years, this can result in big losses.
But you can hedge your losses by purchasing a car that holds its value better than similar cars in its class.
Especially if you plan to sell after 2-3 years.
The following list comprises the top ten car models that retain their value best over the long haul.
Note that most of these vehicles rarely see rebates, nor do they end up as rental vehicles - which helps fend off depreciation.
- 2011 Toyota Prius
- 2011 Honda CR-V
- 2011 Lexus RX 350
- 2011 Nissan Maxima
- 2011 Acura TL
- 2011 Honda Fit
- 2011 MINI Cooper
- 2011 Subaru Legacy
- 2011 Honda Odyssey
- 2011 Hyundai Elantra
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