Even with parental assistance buying your first can be daunting. One way to help cut costs and improve value is to consider quality used cars rather than buying a new car.
Next Tesla Subaru and Lexus repeated as the top brands in the Kelley Blue Book rankings released today for cars with the estimated highest resale values. However, among individual models, General Motors GM had four of the top 10 vehicles. Subaru, the best mainstream brand, had winners in four of the 22 categories Kelley uses.
Toyota's TM Lexus, the best luxury brand for the fifth year in a row, has six category winners. Kelley analysts remind car shoppers that in addition to a vehicle's price and gas mileage, they should look at how well particular models hold their value. They note that depreciation often is the greatest expense drivers incur in their first five years of vehicle ownership.
The average car will be worth only about 35 percent of its original value when it's 5 years old, according to Kelley calculations. However, the top 10 vehicles on Kelley Blue Book's list are estimated to retain from 47 percent to 62 percent of their original cost.
Within those national averages, resale value can vary by regions. Click ahead for a closer look at the top 10, in order of resale value.
Among reviewers surveyed by U. Newsthe Tacoma tied for second among all compact pickups.
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Test drivers praised its strong brakes and responsive steering. The optional V-6 is rated 19 city, 24 highway. Test drivers praise the 4Runner for its off-road prowess but say several competitors are more comfortable on the highway.
The four-wheel-drive 4Runner with a V-6 engine is rated for 17 MPG in city driving and 21 on the road.
News, the Canyon is tied for No. Test drivers said the Canyon rides comfortably and maneuvers smoothly through corners. Reviewers ranked the Colorado No. Test drivers praise it for powerful engines, a smooth ride and a comfortable cabin. As expected of a Jeep, the Wrangler shines in off-road performance.
But it's less comfortable on the road than competing small SUVs. The Jeep comes with a six-cylinder engine rated for 17 MPG in the city and 21 on the highway. Test drivers praise the Tundra for its off-road abilities but say the highway ride is a bit stiff.
Unusual even for a pickup nowadays, the Tundra has a standard 4.
An even bigger, optional 5. Test drivers praise its sporty handling and standard all-wheel drive providing superior traction. And they love the acceleration from its four-cylinder turbocharged engine, which is rated for 20 MPG city, 27 highway with the often-selected manual transmission.
With an automatic, that rating is 18 highway, 24 city. Reviewers surveyed by U.Nov 19, · Value-based pricing is a price-setting strategy where prices are set primarily on a consumers' perceived value of the product or service.
By contrast, cost-plus . Best Cars for Price, Cost2Own & Drivers: Honda, Hyundai, Toyota, Chevy, Jeep, Lexus, Porsche, Jaguar, Audi & Ford Posted on February 11, by Lynn Walford Automotive publications and media outlets make all kinds of awards that can help buyers make automotive purchase decisions.
Cost-driven business models minimize costs wherever possible, often through a low price Value Propositions, maximum automation, and extensive outsourcing. Value-driven Designer clothes, luxury hotels and asset management fall into this category. Aug 01, · Toyota Highlander.
and by the top of the lineup, both the Highlander and the Pilot cost roughly the same. As a result, we think the Honda is the best value for drivers interested in getting the most they can at the lowest possible price, while the two SUVs are fairly even for shoppers who want to add equipment and options.
Jul 03, · Cost of Ownership; More Research Tools NASCAR Drivers Toyota Camry Customs: SEMA The excellent V6 is matched by solid handling for the class. The hybrid is a winner, too, if you value. You're drawn to the Toyota Highlander for its functional, family-friendly nature, frugal gas mileage, consistently good reliability, high resale value.