Which car will have the best resale value by 2020?
If I were to buy (cash not finance) one of the following:
2013 Scion FR-S (great mpg, a bit higher insurance)
2009 Honda Civic Si (good mpg, good insurance)
2007 Lexus is250 (eh mpg, good insurance)
The fr-s has 37,000 miles
The civic has 75,000 miles
Lexus has 85,000 miles
So by 2020 we're talking at 12k/yr. (6k in 2014)
Fr-s = 103,000
Civic si = 141,000
Lexus = 151,000
Which car will have better resale? The fr-s will cost more insurance wise and is a bit more initially but the mpg and good reliability may pay for itself… After all its a Toyota (Lexus is too but I think parts are a bit more expensive right?)
Well I can't say for sure but my guess is the Civic Si. The Si has street cred within the street racing community. The FR-S could become a little outdated when the newer models come out. However the Lexus is probably the most expensive out of the three so it should be work the most later. Also with gas prices and advanced technology people may not want to by the Lexus when newer green + economical cars are on the market also with lower prices, just like Mercedes and Audi are doing with the CLA and S3.
Might be the parts of fr-s become quite economical because the technology is changing day by day and 2020 is quite far. While your car would not run too much so in my point of view, fr-s is going to pay you more in 2020.
Civic will have the best resale.
You should NEVER buy a car based on resale value. By the time you are done driving a car, if you are smart, resale won't matter. If you drive at all the next 6 years, the last two will be well over 100K.
- Will a car dealership work with me if I'm gonna lease a new car, while trading in the car I have, which has an outstanding loan against it? The car I have now has a loan against it which is worth more than the trade in value of the car by about $5000. If me and a family member were BOTH looking to lease a new car (so 2 new cars), does anyone know if a dealership will be working to work with me in any way? Also the cars looking to be leased are not high end or luxury cars, they d be coming from a dealership like Honda, Toyota, or Subaru.
- What is the resale price of Honda Unicorn? I need to sell my Honda Unicorn bike in Bangalore. It is 2010 made but done only 10,000 kms. I have all the papers and the bike is in excellent condition. Also to sell my bike what procedure do i need to follow?
- Can i have yamaha fz doom in Hero Honda Glamour? Or which is the best suitable doom for this? Also crash & handle bars, painting & stickers ideas. If possible please update some modification glamour bikes photos.
- Hyundai Low resale value? Why do Hyundai/Kia have such low resale value? They have nice warranties from what I can see and the reliability has gotten a whole lot better compared to 10 or so years ago. (A little better under Toyota and Honda better) I can find a 2011 Hyundai Sonata GLS in my area for less than $9,000! Do people still think these cars are poorly made still?