Buying a used car is a great idea because it allows you to skip depreciation and get an amazing vehicle at a low price. Some of the best value cars currently on the market are the Toyota RAV4, the Audi A4, and the Hyundai Sonata. In this post, we’ll have a closer look at why these three cars are excellent choices for a wide range of drivers.
1. The Toyota RAV4
The RAV4 is one of the most popular cars in the US because it’s reliable, comfortable, and spacious enough to fit small and mid-sized families. After one year, this vehicle is still worth approximately 87% of the sticker price, and after five years, 70% of the value remains. This is unusual because most cars depreciate more quickly. At the five-year mark, the average vehicle has lost 50-60% of its value.
The reason why used RAV4s are so popular and valuable is that they will last for an exceptionally long time. On average, this car can go for 200,000 to 250,000 miles, but some drivers have reported a mileage of over 400,000. To make the most of your RAV4, you should keep up with your regular service appointments and have small issues fixed as soon as possible.
2. The Audi A4
If you’re looking for an upscale compact car that has a long history of success, the Audi A4 could be a great choice for you. This vehicle is best known for its luxurious styling and great ride quality. However, the price tag of a new A4 can be hefty, especially if you’re hoping to go for one of the higher trims. Getting this car used is a great option because it will last you a long time, and you can enjoy excellent quality at a more reasonable price.
The depreciation rate of the Audi A4 is even slower than that of the RAV4, at least initially. After two years, a car that has been driven for 24,000 miles is still worth around 87% of its original price. Even after 10 years, you can still get more than 33% for the car. Therefore, this is a great vehicle to buy slightly used and then sell to a third driver a few years later.
3. The Hyundai Sonata
Individuals or families who need a mid-sized car that can seat up to five people can’t go wrong with the Hyundai Sonata. This car features excellent fuel efficiency, so you won’t have to spend a lot on gas, even if prices continue to rise. What’s more, the cabin is comfortable, and the exterior is striking. The Hyundai Sonata depreciates very slowly in the first three years because its expected lifespan is long. After five years, it retains 65% of its value.
There are countless great cars on the market, and you can find many options at your local used car dealership. Some of the vehicles you should consider are the Toyota RAV4, the Audi A4, and the Hyundai Sonata. All three offer plenty of value, and they don’t depreciate as rapidly as other vehicles. Call or message us at Own a Car Fresno to learn more or arrange your test drive.