2012 Models with the Highest Resale Values
The most expensive part of owning a car is this depreciation cost. Most vehicles lose half their value in only 3 years, which means on a $30,000 purchase you'll lose about $400 per month in depreciation - ouch!
To help you select a vehicle with good resale value, you should check out the results from the just-released "2012 Best Resale Value Awards" from Kelly Blue Book, one of the leading car pricing guides.
The results show that Toyota and Lexus as a whole produce cars that retain their value the best.
It also shows that the SUVs and trucks tend to hold their value a little better than passenger vehicles.
Here are the top 10 cars with the best resale value according to KBB:
|Rank||Model||36 months||60 months|
|1||2012 Jeep Wrangler||68.0%||55.0%|
|2||2012 Toyota FJ Cruiser||67.0%||50.0%|
|3||2012 Toyota Tacoma||64.0%||49.0%|
|4||2012 Hyundai Tucson||64.3%||45.3%|
|5||2012 Audi Q7||63.3%||44.3%|
|6||2012 Infiniti FX||58.0%||44.0%|
|7||2012 Honda CR-V||60.3%||43.5%|
|8||2012 Lexus RX||64.0%||43.0%|
|9||2012 Nissan Frontier||56.2%||42.8%|
|10||2012 Chevrolet Camaro||57.0%||42.2%|
My Recommendation for Car ShoppersTrueCar No-Haggle, CarsDirect, and Ryde Shopper 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.
- 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