Top 5: The car with the highest resale value
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Find your cosmetic Unboxing Persona 5 Take your car makes and models for core 2008 Five years s good news for car manufacturers from Germany and Japan, and more bad news for Detroit Summarize Just as you can enjoy a stock market down if you have the courage to buy cheap, you can enjoy by adapting your car buying habits.
Here is what I do in different? D scenarios, based on the rankings KBB represented at the end of the column.
It helps if you are not married to a single brand; and you need to consider the American cars that are reliable and get better all the time, if they're not quite turners header as the sexiest models from Germany and Japan Also Korean cars keep in mind, especially Hyundais.
I want a car with current technology Go ahead and do not worry too much criticism of the resale value said cars with a lot of technology aren t reliable, that ill-tech stuff resale value, blah blah blah While some individual technology components can be frustrating to use, the most likely vehicle manufacturers to be in the PC TechnoRide Digital Drive magazine prices are more likely to be classified in the top of the resale value and you will probably happier in a car with a killer sound system that plays your iPod seamlessly, or navigation.
However, fast technological change duh, so a lease could be the way forward and yes, technology options outside the mainstream such as premium audio depreciate more strongly But then, what is worth 3 years now TomTom portable GPS.
I rent cars This one is obvious; look at the top brands on the survey of the resale value KBB VW, BMW, Acura, Honda, Porsche, Subaru, Lexus, Infiniti, Audi and Toyota A lease, remember, is a loan for the difference between what the car is new and it is worth will be in three to five years and you pay a lot of added costs that the dealer Don t pop when you are buying new, but we digress.
Take, for example, a value of 50 percent of its initial value of 20,000 car after 5 years and 20 000 car worth 30 percent after 5 years If you have a five-year lease, it is more likely to three or four, but the numbers work the same, in case you are leasing loan 10,000 for five years, and in the other, you are borrowing 14,000 to bridge the gap between, say, high resale value to Honda Civic and Ford focus Ford lovely but not if a value has to start money help to no good hire for the price Ford or the Ford accounting actions must project an incredibly resale value rose they focus not worth thinking that accounting automaker never have done this, and if they're wrong, that's the next issue of CEO in addition, your focus in 2008 will be the super Bluetooth synchronization and audio system Honda missing.
I rent and would consider a buyback Some people buy their cars when the lease ends this repurchase its lease If your car prove to be a dog on the resale value, but you like otherwise, do your homework and make the dealer an offer that saves you both your money eg 20,000 rental cars should be worth $ 9,000 after five years, and the lease of the redemption price is 9000, but it is really worth 7000 Maybe actuaries company car were too optimistic mad would you buy for 9000 If you offer 7000, the dealer can not say somewhere between the two, however, he'll probably say yes or convince the finance company to take your offer.
I buy used car If you buy used and keep the car a long time, get to the bottom of the ranking of the resale value KBB and work your way up until you find a brand that you can live with Remember, the least reliable car is now better than the first Lexuses the early 1990s that everyone thought were paragons of reliability in other words, you almost can not go wrong with most cars.
You will probably find a lot of American cars this way and there is nothing wrong with using, midsize Buick or Ford manufacturer certified used cars are kind of bargain because they have an extended warranty Basically a car certified opportunity costs from 1000 to 2000 over a similar car certified, but the cost of certification warranty may be half of the total.
Buy new and Commerce every two years with the same lease, you probably want a car near the top of the ranking KBB The cash-back incentives that you get to buy the car probably aren t equal to the loss in value resale on the back end but this is the way to go if you want to have current technology in cars and do not want to rent; For example, if you are a tall driver miles Know that things like navigation systems donation value t hold as much as the car does.
I buy again and keep the car once loooong You decide if you keep the car ten years, that basically all his life art to the extent that the value is the average car is scrapped after a dozen years one hand, you can find the lowest prices among cars that you would be willing to drive, meaning one that has more incentives today against, you only live time, unless you're a cat, and life can be too short to own a car you do not really for the next decade.
If the car is a long-time guardian, I would be the burden on options such as heated seats, navigation, premium audio, leather upholstery lasts longer than the fabric if maintained, because 1,750 for navigation amortized over 10 years is not that bad and if the navigation system dies sixth year, well, then the best mounting unit in the dashboard will be 200 you do not have to worry about how much a technological option you devalues know if the next owner is the salvage yard, and depreciation is 100 percent.
About KBB survey Each year, Kelley Blue Book predicts the resale value of the cars five years The report, based on the KBB guide from November to December, reports the best and worst brands and individual models The best vehicles retain half of their value after five years; the worst, about a quarter of the rate KBB each of the three dozen automakers doing business in the United States but for some reason it does not have the number of niche players within four models such as Mini and Scion, overall in the car brand, although these brands had actually superior ratings overall resale of about 50 percent.
Here are the winners and losers KBB It is projected retained value after five years for a car model 2008 based on the KBB guide from November to December.
Best Resale Value Individual models in alphabetical order.
Why resale values are Kinder to Japanese cars, German, resale values, the German cars.