For most when they are buying a vehicle, they have a lot to think about. One thing that may not come to mind is the resale value of the vehicle they are thinking about buying. At the time it doesn’t seem pertinent to think about selling the car when one is just buying it. There does come a time though when the resale value becomes a priority. Then many wish they had thought about that when making the purchase.

It is not likely a car purchaser is going to base their sole decision of the vehicle purchase on one factor. Like whether they are going to buy only based on its resale value. But, it is something that should be kept in mind. Especially if the decision is coming down to a few different models that one is considering. The resale value could be the final deciding factor.

Best Cars With Resale Value

cars

Toyota Prius C

There are a lot of people that want to invest in a good quality passenger vehicle. For a lot of reasons, many are turning to the subcompact cars. Some of the reasons are because of the cost of fuel in Canada right now has risen dramatically. Individuals get concerned about the cost and the environment as well. This is leading a lot of people to look at the hybrids. But, for many, this is still a new concept. The Prius C by Toyota has a lot of important factors to it that are positive ones for those purchasing a vehicle. For both 2017 and now for 2018 it has received the best-retained value award. There are a lot of factors that have put it into this category.

What many like about this vehicle is how spacious the interior is for a compact car model. It helps to lend to its resale value. Yet, this extra space has not compromised the cargo space. For those that are new to hybrids, the Toyota Prius C is a good introduction to it. With the added benefit of knowing that it is going to have a decent resale value, it can work as an incentive. For the car purchaser to invest in this particular make and model.

Toyota Avalon

The Toyota Avalon has made it into the top category for resale value in Canada. Also, it has placed in the same position for the Kelly blue book. This is a vehicle that has placed well in the resale value category for several years. The Toyota Avalon has a lot of good features about it. It is a full-size sedan, so it works well for the average family. What many like about this vehicle is that it’s versatile. It is decent on fuel economy so it works well for those using the vehicle for commuting. It is roomy and comfortable. So that road trips are pleasant when this vehicle is the source of transportation. It comes with a lot of standard features. Which play an important role when it comes to resale value. There is also the option to get the Touring trim. Which can serve as an extra advantage for resale. With its larger wheels and the suspension being tighter.

There are also some additional options:

  • Honda Fit
  •  Kia Soul
  •  Scion xD
  • Subaru Impreza
  • Acura CSX
  • Subaru Outback.
  • Kia Optima
  • Honda Accord

Best SUVS With Resale Values

SUVS

Jeep Wrangler

When it comes to the SUVs the Jeep Wrangler is well known for being one of those vehicles that have an excellent resale value. All one has to do is look at the components that this vehicle possesses to understand why. One of the best features about the Jeep Wrangler is that it is always able to keep its modern look. It seems to fit into any timeframe. When it comes to liability, this vehicle has built its reputation on this. It’s known for its performance. Both on and off road, so it fits into the category of what many purchasers are looking for

Another great feature about the Jeep Wrangler is that it seems to suit all family members. It has that rugged appeal to it, yet it has an aura of sophistication when it comes to comfort and style. Many are looking for a vehicle that’s classed as affordable. This makes the Jeep Wrangler another great choice is a resale vehicle.

Chevrolet Tahoe

For the larger family that wants a full-size SUV one that often draws attention is the Chevrolet Tahoe. It also comes with the extra benefit of having a good resale value to it. This is a vehicle that has been built for durability and longevity. Two important factors when it comes to those that are shopping for a used vehicle.

Chevrolet Tahoe owners are not going to have difficulty in selling this vehicle. There are many potential buyers that are keen on owning this type of vehicle.

There are also some more choices such as:

  • Honda CR-V
  • Subaru Forester
  • Toyota 4Runner
  • Toyota FJ Cruiser
  • Toyota Highlander
  • Toyota Sequoia
  • Dodge Durango
  • Nissan Armada

Best Minivan Resale Values

mini van

Toyota Sienna

Many individuals are asked which would be their minivan of choice. More often than not the response will be the Toyota Sienna. One of the biggest factors about this minivan is that it’s known to be a hassle-free vehicle to use. It’s noted for its durability and for its ability to suit the family needs. The design is not overly flashy. But, it is one that gets appreciated. Especially when it’s lined up with all the features that this minivan has. All this works towards making it a top choice for resale factors.

Honda Odyssey

There are many that believe that the Honda Odyssey is on par with the Toyota Sienna. For many, they set their preference on the look of a minivan. There are several that prefer the Honda Odyssey over the Sienna. When it comes to comfort and versatility, this vehicle is definitely on par. With Toyota’s version of the minivan. It too comes with a decent resale value and is one that those that invest in will not be disappointed with.

With there being some great choices in vehicles resale value it means that car buyers have some great options. Ones that they can use to save themselves some money. What they make on their resale can be used for their next purchase.

Another option is the Nissan Quest.

Resources

https://www.autoloansolutions.ca/blog/cars-with-best-resale-value-in-canada/
https://www.canadianblackbook.com/2017awardwinners.html
http://www.canadianblackbook.com/cbb-awards.html
https://www.firstpost.com/investing/heres-why-resale-value-is-the-most-important-criteria-for-car-purchase-969181.html
https://www.caranddriver.com/news/weighing-your-options-how-equipment-choices-affect-a-cars-resale-value
https://www.theglobeandmail.com/globe-drive/in-photos-canadian-cars-with-the-best-retained-value/article34020892/
http://driving.ca/toyota/4runner/auto-news/news/gallery-list-of-vehicles-with-the-best-resale-value-unveiled