Best Vehicle Value For the Money

Depending on where you live, a car is not a luxury, it is a necessity. You need your vehicle every day for work, chauffeuring the kids, and regular recreational use. We even use our cars for business and personal trips. The bottom line is we need our cars for basic transportation. Our cars are a more convenient means of transportation in comparison to other means, such as the bus or the train. For this reason, it is very important that we purchase a vehicle that is reliable, durable, and will give us the best value for our money. There are a number of ways to determine if a car is right for you, which includes:

  • Word of mouth – getting the opinions of a friend on a car you are interested in can give you an idea if a particular car is right for you. Furthermore, asking the opinion of a reputable mechanic can also be the determining factor in purchasing a car.

  • Online research – comparing different models of vehicles online is an excellent way to determine which car is right for you. You can compare price, features, cost of ownership and maintenance requirements.

  • Price comparison – this is an excellent way to determine what you can afford. It doesn’t matter how much you like a car. If it doesn’t fit within your budget, then it doesn’t make sense to purchase it.

  • Maintaining a car – the maintenance of a car can be quite expensive depending on the model. You need to determine how you’re going to store the car. Are you going to park your car in your garage or will the car be stored outside for long periods of time? For instance, if you do not have a garage to put your new Jeep Wrangler in, you might want to consider a Jeep Wrangler cover for your vehicle.

Best value for the money

With the large variety of cars available on the market, it is easy to get lost in the shuffle. Do you want an SUV? Are you interested in a minivan? Would you prefer a sedan or a hatchback? Before you begin your selection process, you have to determine what type of car you want. More importantly, you need to determine the brand you want. There are certain models of cars that have a great resale value. In choosing a car, you definitely want to choose a car that holds its value over time.

The selection

The decision to choose a car can be quite daunting. Because of the investment required to purchase a car, it is best to choose a vehicle that has a good resale value. There are a variety of cars that maintain an average of 30% to 65% of their value over time. That list includes:

  • Porsche Macan – this automobile retains 50% to 65% of its value over 60 months. Much of this is attributed to the demand for the vehicle and the quality of the brand.

  • Ford F-Series – this truck retains up to 57.5% of its resale value up to 60 months and is considered the best selling vehicle in the United States.

  • Chevrolet Colorado – this smaller-sized pickup will retain up to 59.9% of its value up to 60 months.

The trucks are good, but what about the cars?

Even though trucks are popular vehicles, there is a list of cars that have great resale value as well. According to Edmunds, this list includes:

  • Honda Accord – this popular mid-size brand has been known to provide reliability and longevity. The 2020 model has not yet been rated in terms of resale value; however, the brand Honda is synonymous with high-quality and high-value so stay tuned.

  • Subaru Impreza – with an Edmunds review of 7.4, this cost-efficient automobile has a wide variety of safety features and an upgraded sound system. This car is definitely worth looking at if you’re looking for cost savings.

  • Mercedes-Benz CLA-class – this brand is synonymous with luxury, style, and class. Priced to attract new buyers, this vehicle has a wide variety of upgrade options. If you’re in the market for an entry-level luxury sedan, you should definitely take a look at this vehicle.

  • Lexus ES 350 – this compact luxury automobile has an upscale interior and an excellent ride quality. The brand is synonymous with luxury and style and is priced to attract buyers with a discerning budget.

These are just a few vehicles with great resale value. When making a decision to purchase a new vehicle, it is always important to determine how that vehicle will fit into your budget. More importantly, you want to determine what that vehicle will be worth when you want to sell it or trade it in. We hope this helps you in your auto buying decision.

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