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Top Grossing Resale Value Cars

Cash-for-cars

Cash For Cars: Let’s Talk Resale Values

Let’s be honest – your top of the line car won’t stay that way for very long. Soon enough you’ll want to trade it in for a newer, faster and better model. The problem is getting the right amount of cash for your car. More often than not, the value of a vehicle depreciates over time. Your car that cost you an arm, a leg, and maybe even a kidney, now won’t buy back half of that in a few years time. This is why, when buying a car, you need to take into account which vehicles have a higher resale value (basically, which vehicles get the most money if you have to resell it).

A new car is a big investment, but, unlike the horse races, you want it to be a sound bet. You never want a vehicle that rapidly depreciates in value and is only worth a quarter of its original price when you finally decide to upgrade. There’s nothing that hurts more than losing money, and losing a large amount dents not only your budget but your available opportunities to get a newer, better, and/or larger vehicle (especially if your family is expanding).

According to the Kelley Blue Book, trucks and SUV’s dominate the charts in terms of higher resale value.

Here’s their list of the 10 cars with a top grossing retail value for 2015:

1. Toyota Tacoma

  • Resale value after:
    – 3 years: approximately 75%
    – 5 years: approximately 60%

2. Jeep Wrangler

  • Resale value after:
    – 3 years: approximately 70%
    – 5 years: approximately 59%

3. Toyota Tundra

  • Resale value after:
    – 3 years: approximately 68%
    – 5 years: approximately 58%

4. Chevrolet Colorado

  • Resale value after:
    – 3 years: approximately 68%
    – 5 years: approximately 58%

5. GMC Canyon

  • Resale value after:
    – 3 years: approximately 66%
    – 5 years: approximately 58%

6. GMC Sierra

  • Resale value after:
    – 3 years: approximately 64%
    – 5 years: approximately 56%

7. Chevrolet Silverado

  • Resale value after:
    – 3 years: approximately 63%
    – 5 years: approximately 55%

8. Toyota 4Runner

  • Resale value after:
    – 3 years: approximately 63%
    – 5 years: approximately 54%

9. Ford F-150

  • Resale value after:
    – 3 years: approximately 66%
    – 5 years: approximately 52%

10. Honda CR-V

  • Resale value after:
    – 3 years: approximately 65%
    – 5 years: approximately 51%

Just remember however, the resale value might differ from these estimations because it depends on the mechanical condition of the car as well as the aesthetic condition, mileage, and the number of previous owners. This value can also be affected by any repairs or upgrades you may have done (especially if you do any drastic aesthetic changes – the new owner might not be as into huge spoilers or fluffy pink upholstery as you were).

If you are eager to sell your car online quickly, considering selling it via the Cars for Cash Store today, we will ensure you receive a quick turnover on your vehicle without the extended wait that comes along with private sales.


 

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