Multiple news agencies have reported that consumers looking for new vehicles should take a special interest in the resale value of the models they are looking into purchasing before setting their minds on a specific model. If you have owned a lemon vehicle before, you may be wanting to look into buying a new car. This article could be useful.
The resale value is estimated by historical data regarding the vehicle and economic predictions and concern the price the dealer would pay for the vehicle once you trade it in when purchasing a new car.
The calculations also take into consideration the competition amongst models in each automotive segment and how popular the vehicle and the brand are. The vehicles with the highest resale value are selected as one of the top 25 in its category. As soon as experts have gathered data regarding the top 25 models in each segment, the model with the highest three-year resale value is picked from the best since they are eligible for the award.
According to the official listing, the Ford Focus S is the model with the highest resale value among vehicles that cost anywhere under $20,000. Reports indicate that the Ford Focus S has a resale value of 62% after three years and 45% after five years.
This model, reports show, is not only the vehicle with highest resale value in its category, it’s also one the Insurance Institute for Highway Safety Top Safety Picks of the year as well. The Mini Cooper Hardtop S has been picked as the vehicle with the highest resale value in the category of vehicles that are priced between $20,000 and $25,000.
According to experts, this model has a 68% resale value after three years and 53% resale value after five years. This model’s driving dynamics has a go-kart-like feel to it and its engine is capable of producing 181 horses of power. The Mini Cooper Coupe S has also made the top highest resale value models. It costs between $25,000 and $30,000 and it has a resale value of 68% after three years or 53% after five years.
This car’s style and design is appealing and although it shared the body of the Cooper Hardtop, its roofline is much sportier.
The Volvo S60 T5, Infiniti G37 Journey, Audi A7 3.0 Premium Plus, Ford Mustang V6 coupe, Ford C-Max SE, Honda Odyssey LX,Subaru Forester 2.5X, Lexus RX 350 and the Jeep Wrangler Sport have all been listed as some of the vehicles with the highest resale value.
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