Top 9 cars with high resale values
The depreciation in the value of a car is inevitable. Yet, resale value is considered to be an important factor when purchasing as well as selling it. A car whose value depreciates faster than its competitors in the same category may cost a car owner more money in terms of trade-in value. Or one may end up owing more than the worth of the car if a long-term car loan is taken. This is because such loans are usually given on the basis of the resale value. While keeping these in perspective, choosing a vehicle with a good resale value for the long term is important. Here are some popular cars with a high five-year resale value, which is the percentage of the original value or the sale price after five years of use: 1. 2023 Toyota Tundra This full-sized pickup truck has one of the highest resale values, at around 73%. Thus, a Toyota Tundra owner can expect to get about 73% of the original price after five years of purchase. With the starting price being approximately $36,965, this vehicle is available in 5 trims: SR, SR5, Limited, Platinum, and the 1794 Edition. Each of these trims combines a rugged exterior with comfortable cabin interiors.
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