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. So, it probably shouldn’t come as a surprise that SUVs and luxury cars have the highest depreciation rates over a 5-year span. These cars start out being priced high and […]
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 […]
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.
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?
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.
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.
Electric vehicles (EVs) are taking over the automotive industry. They still account for a very small sliver of the total market, but more and more buyers are considering an EV as an alternative. But while everyone loves the idea of saving on fuel costs, how much will you be able to sell your EV for in the future? How well do EVs hold their value, and should you invest in one? Join us as we take you through the electrifying world of car depreciation.
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.
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.
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.