Five Used Cars That Retain Their Resale Value
Depreciation is inevitable and hits every car as soon as you drive it off of the lot. If you are like most people who buy a car with the intent to resell or trade in for a deal on their new vehicle, here are a couple selections from Mac James Motors lots that do pretty well for holding a better percentage of their retail value.
2009 Ford F-150
Right now we are looking at a ten year old vehicle that is still pushing a $20,000 value. The F-150 has the most demand than any other vehicle classification and has been the number one selling truck for most of–if not your entire–life. Whether it’s work or play this well-equipped powerhouse truck is ready to serve. Reading online reviews of the ‘09 show that the people have spoken it’s the truck of the working Albertan. Most have decided to keep theirs forever, driving it in any way possible. It’s great for city or highway driving and is a real joy to take off-road.
2010 Jeep Wrangler Sport
A most iconic looking vehicle, it was dubbed the car that won the war. From the Sahara to the Rubicon you can always tell if that’s a Jeep driving by. It’s the vehicle that goes places where other SUVs would break. It’s 3.8 L V6 engine was introduced in the JK series back 2007 and is surprisingly quiet. For the slight aerodynamic adjustments made it’s still really raw around the edges, which is why people have come to love the Wrangler. It may only be a two door but the storage inside is huge, making it great for the backroads and off trail camping. Treat it with enough respect though, and an enthusiast will take it off your hands at a great price.
2016 Toyota Corolla LE
One of the most reliable cars on the market tied only with the Toyota Camry. Seriously tough to kill and it boasts great style and comfort. Retains a great resale value, but you probably won’t want to get rid of it once purchased. The steering wheel mounted controls help reduce “hands-off-the-wheel” and in-dash screen houses the “infotainment” and phone functions. It’s 1.8 litre 4 four cylinder engine purrs under the hood while you lounge in heated seats next to it’s automatic transmission. At only 58,232 km it has a long stretch of road ahead of it. And to sweeten the deal it still has its manufacturer’s warranty.
2010 Chevrolet Colorado
Great for businesses or contractors looking for a small work truck, with it’s hitch it can tow up to 6000 lbs and its solid fuel economy doesn’t hurt the bank either. 2010 is the year that chevrolet made the head curtain airbags standard on all their models. THe colorado handles like a car but works like a truck and can really plow through some serious snow with its 4-wheel drive and traction control making it a dream for the later winter months.
Nissan Altima
It’s been a few years now since the Altima was fully redesigned, and you can really tell when it comes to the look and feel of its interior. For 2017, the Altima carried last year’s minor update with new safety features such as forward collision warning, automatic emergency braking and adaptive cruise control.The Altima’s engine lineup remains the same, which is great because the Altima offers some of the highest fuel efficiency in its classification. The safety rating are through the roof on this car too. 5 star on front and side collisions and 4 stars on rollover protection.