Here Are the Slowest Depreciating Cars

2017 Toyota Tacoma

One of the biggest arguments against buying a new car is the fact that it becomes a used car as soon as you sign on the dotted line at the dealership.

So, in essence, new car buyers pay for the right to be the first owner of a used car. That right comes at a cost, as a car generally depreciates at a rate of 15-20 percent per year for the first three years.

Buy a $35,000 car and, just a few seconds later, it’s worth significantly less than what you just paid. That’s not the case with every new model, but the vast majority experience a significant decrease in value.

What cars can you purchase to keep as much value as possible? Continue reading >>>

Buying Used: Do You Go for Value or Brand?

Which will offer a better used value?

Which will offer a better used value?

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.

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