Which used cars hold their value? Let's explore! We all know how reliable Toyota and Honda-branded vehicles are, so let's dive into their competitors. You might be surprised to know that there are plenty of other brands that offer similarly reliable lineups.
In fact, in the year 2018, it appears that trucks and SUVs are the driving forces in terms of insurance, fuel, and maintenance. Your goal should always be to buy a vehicle that holds its value, not only for resales but for peace of mind. If your vehicle holds even 35% of its original value after five years, you won. But how do we know?
Resale projections vary. They are partially pulled from historical date, economic factors, and market trends.
All of the data mentioned below was gathered by an article published on thestreet.com. Feel free to schedule a test drive at Twin City Used Car Sales and take one of these bad boys for a spin! Below we present percentages of estimated resale value after three years of ownership:
As you can see above, there are some super insane figures up there. For instance, Jeep Wranglers hold their value better than all of the SUVs, cars, and trucks listed. Why is that?
We did mention economic factors, but we didn't touch base on popularity. The original Wrangler models we designed as war vehicles but their popularity proliferated––so much so that it almost has a cult following today.
Jeeps hold their value not for their efficiency, as they still aren't the most fuel-efficient options, but for off-road performance and popularity. People like Jeeps. They look cool, they perform, and they have lots of cargo space.
In contrast, you can compare it to the Pilot, with its copious amounts of interior space and amazing EPA ratings, and you'll see why people flock to these models.
The best part about all of these models is that you can choose virtually any model from any generation and get quality. These particular models were just designed well, and it lasts between generations––hence why Jeeps have a 103% resale estimation.
If you're pumped about finding reliable used cars for sale, need to value your trade, or want to find used car financing, you're in the right place. We're here to help you find a used car that will last for ages.
If you need directions to Fort Payne Alabama dealerships like ours, you can contact us now. We have loads of used hatchbacks, used rental cars, and used trucks for sale. Need to find a used Chevrolet that will hold its value?
We've got your back! Contact us, and we'll have an expert show you how to test drive a used car like the Porsche Macan. See the innovation for yourself and test drive true reliability.