When purchasing a car, be it new or second-hand, odds are the last thing on your mind is the moment when youll inevitably part with it; but it is actually the key to shopping smart.Research has shown us that there exists a key core of car makes and models that best retain their resale value while buying within this demographic may prove more expensive in the short term (when buying new or second hand); the retention of value is vital to not only the resale value and monetary compensation youll earn back when selling the vehicle but also to the demand for the make and model youre selling. Cars that retain a higher resale value are popular among savvy buyers and will make selling your second hand vehicle a breeze.
Let us here at WP Motors help you choose wisely:
1. Category One: Subcompact cars The Honda Fit/Jazz*
This one is a no-brainer for those in the know not only does Honda have an excellent reputation for reliability; but the Jazz (marketed as the Fit in the Americas) has its own stellar reputation that it ceaselessly upholds. The Jazz has versatile folding seats and an engine that gets better fuel economy than even the Toyota Yaris!
2. Category Two: Midsize cars The Subaru Legacy*
This category had some stiff competition with the Honda Accord and the Toyota Camry also proving to have excellent resale value. Ultimately the Legacy won due to its all-wheel-drive capabilities; making it a desirable car to drive in more mountainous regions and regions with severe winter weather.
3. Category Three: Large cars The Toyota Avalon*
While there are a number of large sedans that retain excellent resale value, The Toyota Avalon is a cut above the rest. Not only does the car have a sleek and stylish design with a high-end interior but its backed by Toyotas stellar reputation for reliability. This trusty vehicle is raking in big money on the used car market, and is always in demand!
*Research originally conducted by Collin Woodard for Cheatsheet.com
