When you’re purchasing a new car, you may be so focused on what you want that you don’t think about the car’s resell value. While this shouldn’t be the most important factor in what car you buy, it is important enough to put it into consideration. Buying a new car is already expensive, but you get some of that money back when you sell it. It’s common knowledge that some cars sell better than others because they hold their value the best. If you want a great car that is going to work well and sell well, you should check out the list below.
Believe it or not, one of the best cars that holds its value is a Honda. The Honda Fit is a very small compact car that is perfect for commuting. It won’t hold a family, but it has five seats and four doors. If you have a long commute or need a car that has great gas mileage, the Honda Fit might be the perfect car for you. It starts out at just $16,000, and you can get up to 40 miles per gallon.
Subaru cars have a great resale value, but the one that trumps the rest is the Legacy model. The Subaru Legacy is a midsize car with five seats. It’s a very spacious model that can easily fit one or two children’s car seats in the back. This car is also great for those who are tall or just want a bit more room than with a smaller compact car. You’ll spend a bit more than the Honda because this car starts at $22,000. However, the space and design of the Subaru is by far worth the cost.
Everyone loves to have a Jeep, but nothing sells better than the Wrangler. The Wrangler can easily fit a family in the five seats, but it is also the perfect car for a single person or student. This Jeep looks great, drives great, and handles perfectly while off-roading or in the snow. It does suffer with gas mileage at just 21 miles per gallon on the highway, but it is a great car for those who want an SUV that can tow. Prices start out at $24,000, but you can find yourself spending up to $50,000 for one of these models.
There’s no surprise that a minivan is going to resell well. Families everywhere are choosing minivans for their ease of fitting children and luxurious space. The Toyota Sienna is no different. This car comes with a ton of room between all three rows, and the trunk space is sufficient enough to fit all of your children’s belongings. Minivans might not be your dream car, but this is one that is going to sell well when the time comes.
Trucks hold their value really well because they can last forever. The diesel models are especially great at putting on the miles without difficulty. The Chevy Silverado starts out at just $28,000, and it is one of the nicest trucks out there. With 24 miles per gallon on the highway, you don’t have to sacrifice good gas mileage for having a truck. This truck is packed with 285 to 420 horsepower. In addition to that, it can tow up to 9,400 pounds. If you work a lot with heavy materials, this truck is going to serve you well for as long as you need it.
This luxury 2 door vehicle is packed with over 400 horsepower and gets 32 miles per gallon on the highway. If you have some extra cash to spend, this car holds its value great. It starts at $40,000, but you can expect to get two thirds of that a few years down the road. Lexus knew what they were doing when creating this.
Have you driven any of these cars? Which ones do you think hold their value the longest?