Motobyo Blog
Toyota Vs Chevy 2023, A Detailed brand comparison
Owning an electric vehicle (EV) comes with many benefits, including a reduced cost to maintain and lower cost to change vs. refueling a gas powered vehicle. Unfortunately, resale value is not one of those benefits, especially when compared to your traditional gas-powered vehicles.
Of course, that doesn’t mean that EVs may not eventually amass a comparable resale value to their gas-powered counterparts. For now, though, it’s important for car buyers and sellers alike to understand what factors into the resale value of these vehicles to help make better purchase decisions.
In this article, we’ll explain the EV vs gas resale value phenomenon so you can get a better understanding of the reasoning behind the EVs poor depreciation.
Keep reading to learn more.
Detailed brand comparison of Kia Vs Toyota
Owning an electric vehicle (EV) comes with many benefits, including a reduced cost to maintain and lower cost to change vs. refueling a gas powered vehicle. Unfortunately, resale value is not one of those benefits, especially when compared to your traditional gas-powered vehicles.
Of course, that doesn’t mean that EVs may not eventually amass a comparable resale value to their gas-powered counterparts. For now, though, it’s important for car buyers and sellers alike to understand what factors into the resale value of these vehicles to help make better purchase decisions.
In this article, we’ll explain the EV vs gas resale value phenomenon so you can get a better understanding of the reasoning behind the EVs poor depreciation.
Keep reading to learn more.
What Luxury Cars Have the Worst Resale Value?
You would think that of all the cars out there, luxury cars would retain the most value over time. After all, they’re associated with opulence,
SUVs that Depreciate the Fastest
Vehicles with the most expensive MSRP when new typically depreciate the fastest. The sale prices start so high that there’s nowhere to go but down.
Top SUVs That Hold Value Best
If there’s one common mistake many new vehicle buyers make, it’s overlooking the resale value of their potential new ride. SUVs will lose up to
Trucks that Depreciate the Fastest
As a rule, trucks hold their value better than most cars. This makes them a sound investment when buying a new vehicle. That said, truck
What Luxury Vehicle Has the Best Resale Value?
Luxury cars are notorious for their poor resale value compared to other types of vehicles. While the average new vehicle can retain 45% of its value or more after five years of ownership, this kind of retention rate is a best-case scenario for most luxury cars.
That said, some luxury vehicles hold their value better than others. Let’s take a closer look at luxury car depreciation and discover the luxury cars with the best resale values.
What Depreciates a Car the Most?
There are several specific factors that cause a car to depreciate. Here are the 10 biggest car depreciation factors that affect resale value.
Motobyo Blog
What Paperwork Do I Need to Sell My Car?
Don’t stress over the paperwork, let Motobyo help! This article will tell you the exact paperwork you need to sell your car!
Used Car Inspection Checklist
If you’re shopping for a used car this used car inspection checklist will help you find a quality used car while avoiding the lemons!
Buying a New vs Used Jeep
There’s no car that quite compares to a Jeep Wrangler. This well-built American-made icon gives you a taste of true offroad power. The Jeep is built to stand the test of time. So, how does a new vs used Jeep Wrangler compare?
When is the Best Time to Sell My Used Car?
The used car market is constantly in flux, and can feel like a roller coaster ride. So, “when” you sell your used car is more important than you might think. Keep reading to learn the best time to sell your used car!
2023’s Best Used Electric Vehicles
Want to buy an electric car, but don’t want to pay new car prices?
No matter what you want, there’s a used electric vehicle for you!
If you’ve been contemplating buying a used EV and reduce your carbon footprint, check out this list of 2022’s best used electric cars.
SUVs with the Best Gas Mileage
Fuel-efficient SUVs are now available to buy in both the new and used market. The trick is finding a used SUV with the best gas mileage that also checks all of your boxes in terms of style, size, and other features that suit your needs.
Used Ford F-150 vs Used Ram 1500
Whenever you think of a pick-up truck, your mind will generally go to one of two vehicles: the Ford F-150 or the Ram 1500. These iconic pick-ups have been constant in the brand’s lineups for decades and, unsurprisingly, they’re a hit on the used car market as well. These vehicles have been built to handle anything life can throw at them, so even when you’re buying a 20-year-old model, there’s still plenty of life left in it.
8 Best Used Family Cars
We’ve put together this list of the best used family car models in America to help you narrow down your options when you’re searching through all of the used cars for sale that you come across. From spacious SUVs to fuel-efficient sedans and hatchbacks, there is a reliable used car for every family on this list!