5 Vehicles that Retain Their Value for the Long Haul
5 Vehicles that Retain Their Value for the Long Haul
While there are several factors that need to be considered when purchasing a car, how long that particular vehicle will retain its value is one of the most important. Whether a person is searching for used cars for sale or new car deals, it’s necessary to find a car that holds its value. The following are five vehicles that retain their value for the long haul.
1. Lexus
Lexus produces stylish, elegant cars and SUVs that boast an incredible resale value. CBS Money Watch lists Lexus as one of the top cars that retains its value. They reported that Lexus was a top brand in the rankings kept in the Kelley Blue Book. All of the automobiles built by Lexus are known for excellent workmanship and how slowly they depreciate. It’s not unusual to find a Lexus running smoothly that has well over 100,000 miles.
Finding a car that holds its value is part of the car buying process.
2. Toyota Tacoma
The Toyota Tacoma is a compact pickup truck that not only provides great value when it is new, but retains its value even when the mileage begins to build. After three years the Tacoma still retains slightly over 80 percent of the purchased price. Besides its great value, the Tacoma is considered a good off-road vehicle and has received high safety ratings. Of all the compact trucks to choose from, this particular pickup is definitely one of the best.
3. Chevrolet Colorado
The Chevrolet Colorado has been improved in recent years making it one of the top vehicles to stand the test of time. Mainstreet.com states that a few years ago General Motors gave it a motor that improved fuel efficiency. They also changed the appearance slightly to make it look more like the Sierra. When looking for a good truck to invest in, it’s hard to go wrong with the Chevrolet Colorado.
Finding a car that retains its value means saving money in the long run.
4. BMW M3
When conducting a car search it’s hard to beat the BMW M3 for glamour, styling, and durability. According to Boston.com, this BMW luxury car retained slightly over 50 percent of its value after five years. Those looking for luxury and incredible value would definitely want to consider a BMW M3.
5. Honda Fit
In the compact car division the Honda Fit is one of the top vehicles that retains its value. This hatchback not only provides a good long-term value but gets great fuel efficiency. The Fit has achieved as high as 35 mpg on the highway. The car also has a solid build and fairly good cargo space for a smaller car.
Cars are an investment and finding one that holds its value for several years is an important aspect of shopping for a vehicle. Each of these five vehicles are fantastic choices when looking for a vehicle that will do well retaining its value. When looking for the best deals on a variety of cars, trucks, and SUVs make sure to use theautosheet.com. Subscribe to get alerts on vehicles in your area.