What Luxury Cars Have the Worst Resale Value?
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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, status, performance, and high-end features. However, long-term value is not something associated with this class of vehicle. In this article, we’ll cover the 9 luxury cars with the worst resale […]
Top SUVs That Hold Value Best
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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 50% of their initial value within the first three years, so if you’re not the type to drive a car until the wheels fall off, this is something you’ll want […]
Trucks that Depreciate the Fastest
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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 depreciation rates can vary a great deal from model to model. For example, sought-after off-roading favorites such as the Toyota Tacoma may only depreciate by 30% to 35% after five […]
What Luxury Vehicle Has the Best Resale Value?
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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.
Do Trucks Hold Value Better Than Cars?
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For every potential car owner, you must consider its depreciation rate. Here’s a question for aspiring truck buyers: Do trucks hold their value better than cars?
Trucks that Hold Value the Best in 2023
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Investing in a truck that holds its value well means that you’ll get a better price when you come to sell it. Let’s take a look at the trucks that hold value best in 2023.
EVs that Hold Value the Best
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For a long time, EVs have been notoriously some of the worst cars when it comes to holding value. But the market is changing, and some manufacturers have built models that hold their value better than others.
Today, we look at the top electric vehicles that hold their value the best in 2023 — and the reasons behind this.
10 Cars that Depreciate the Fastest in 2023
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Here’s some good news and bad news about buying a new car. The good news is that you can impress your friends and turn everyone’s heads. The bad news? That car may be a money pit, depreciating so much in value that you wish you never bought it.
In fact, some cars depreciate so quickly that you can hear money leaving your wallet. Therefore, before you contemplate putting money in that sedan or SUV, check out this list of 10 cars with the highest depreciation rates.
Top Tips to Turn Your Car into Cash
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We’ve pulled together a handy, simple guide to help you get more cash for your car. In this guide, we’ll tell you how to evaluate your car’s value, where to sell your car for the best price, plus more tips to sell your car for cash.
Pros & Cons of Selling Your Car to a Dealership
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When it comes to selling your used car, you have a few options available. This includes various online platforms, auctions, and the more traditional route — dealerships.
If you are asking yourself the question “Should I sell my car to a dealership?”, then this is the perfect blog article for you.