I just got done buying a used car, and it’s galvanized my dad to start looking at a change of cars for himself. He’s going about it a bit differently, and I’ve been learning a lot about how important the resale value of a vehicle is. I sold my old piece of junk to a private party get a little bit of cash to put towards my car, but my dad is trying to trade two of his vehicles in for one new one. We’ve both been disappointed at how little the dealerships offer, so he’s considering trying to sell his two cars to a private party, as I did. This is where the resale value is super important!
Cars all depreciate when you drive them off the lot, but the amount of depreciation varies for each make and model of car. The worst cars to own if you’re looking at resale are luxury vehicles. The BMW 7 series, Range Rovers, and Jaguars are the worst. The Jaguar XK loses over $28,000 in value in the first year alone! Jeepers!
The awesome folks at Hyundai of Athens have two Hyundais with the best resale value, year after year. I poked around and found out it’s totally true! Here’s the two vehicles you should totally buy this year if you want the best value for your money:
Recently listed by ALG – a company that provides information on future residual values of vehicles – on their top ten list, the Hyundai Accent is one of the smallest cars you can buy in the Hyundai lineup. Starting with an MSRP of $16,000 and 27 miles per gallon in the city or 38 MPG on the highway, this car will save you money no matter what you do with it!
This Mid-Sized Utility vehicle is a perfect family car, and when you’re ready to downsize, it won’t leave you underwater. Featured high up on the list of Forbes magazine’s “24 Best Cars Based on Resale Value,” this five-passenger crossover has style as well a room to spare!
If you’re like me, you don’t keep your cars very long. I’ve had the unfortunate experience of losing a lot of money for making bad choices about which car to buy in the past, but moving forward I’m totally into doing a bit more homework. If you’re looking for a new car, stop by Hyundai of Athens today and check out the 2015 Hyundai Accent and 2015 Hyundai Santa Fe Sport, they’ll definitely give you your money’s worth as two Hyundais with the best resale value around!