There are a lot of blogs out there that happily tell their readers what new cars hold the best resale value.
That’s important information to know and can lead to a wise financial decision when buying a new car. Well, at least for the guy or gal who buys the new car. But is buying one of those cars used, say 5 years later, still a good financial choice?
A Toyota Tacoma that holds 60 percent of its value after 5 years is great for the person who bought it new. But for the person shopping for a used pickup, there might be much better values to be had.