Feb 12 2009
2008 Top and Bottom 10 Cars For Retaining Their Value
Buying a new car—it might be good to buy one that’s expected to hold it’s value more than others. Here’s the Automotive Lease Guide’s (ALG) 2008 top ten and bottom ten value holders. The reason for the best value holders—reasonably priced and production is aligned with market demand. Makes sense to me.
The cars that lose that lose their value fastest—cars with real or perceived quality issues and those used most frequently as fleet vehicles for rental companies. Never would have thought of that but it does sound reasonable. I know when I bought a white Jeep Cherokee that soon I realized all the county and state workers with company cars were driving, I realized I might have made a mistake. I’m sure you’re much wiser than me.
Best value holders: Worst value holders:
1. Volkswagen R32 10. Hyundai Entourage
2. Jeep Wrangler 9. Chevrolet Malibu Classic
3. Mini-Cooper 8. Kia Optima
4. Scion XB 7. Suzuki Forenza
5. Honda CR-V 6. Hyundai Accent
6. Toyota RAV4 5. Kia Rio
7. Infiniti G35/G37 4. Suzuki Reno
8. Dodge Viper 3. Kia Spectra
9. BMW 1 Series 2. Chevrolet Uplander
10. Nissan Rogue 1. Lincoln Town Car