Tuesday, December 31, 2013

A Good Value is Always a Great Choice

When purchasing a used car, an often overlooked aspect just so happens to be among the most important-resale value. A new car will depreciate as soon as you drive it off the lot, while a used car holds the bulk of it's value well after you buy it. 

To get the best value for you, consider the price of your desired vehicle as well as your average wear and tear; how many miles will you be driving; do you plan on a lot of city driving, etc… Also consider the prices of commonly replaced parts; brakes, shocks, mufflers, starters, etc... And then look at the history of the vehicle you are buying; if it retains its value well, you will get back a good chunk of the funds you put into it. If it's a used car (think Plymouth Horizon, for historical perspective) that will be worth next to nothing in 3 or 4 years, chances are you will be throwing your money away.

There is a long list of used cars that hold their value well. The Toyota FJ Cruiser and Tacoma, the Honda Civic and CR-V unsurprisingly lead the pack in terms of resale value.

Chevrolet and GMC pickup trucks are not only long-lasting, but they will also retain their value quite well. The Chevrolet Camaro and Chevrolet Corvette, along with the Cadillac line, also have very respectable resale value.

Remember, the true value of the used car you are checking out on the lot encompasses more than just the purchase price. If you buy one of the used cars that hold their value, you'll be a very happy car buyer and get more out of every car you own.

Whiteside Chevrolet Buick Cadillac GMC has a huge inventory of used cars for you to choose from. We have a knowledgable staff that is happy to assist you when searching for your next automobile. You can check out our inventory online or stop by and see for yourself.