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Best Overall Auto Resale Values
  Make & Model Style 3 Year Resale Value
1. Toyota Tacoma 4WD Double Cab V-6 / manual transmission 61%
2. Subaru Impreza WRX STI Sedan 61%
3. Subaru Impreza WRX hatchback 60%
4. Mazda Mazdaspeed3 Touring / manual transmission 60%
5. Toyota Prius c One 59%
6. Nissan Versa S sedan / manual transmission 59%
7. Mini Cooper Hardtop coupe 59%
8. Toyota Tacoma 2WD Double Cab PreRunner / automatic transmission 58%
9. Mitsubishi Lancer SE / automatic 58%
10. Mini Cooper Clubman Coupe 58%
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In 2021, the average car cost was $42,258 with an average payment of $563 per month, according to data from Kelley Blue Book and LendingTree.
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Shopping for Your Next Car or Truck

Buying a new car or truck is a major decision for most consumers. A rule of thumb is to be cool-headed and not rush into it. Before you make an auto purchase there are major steps you should go through in order to make your car or truck buying a lot easier and more effective:

 

- Determine your budget, the amount of money you can spend for an auto. Don't let monthly payments solely determine the amount.

 

- It’s always a good idea to have a pre-approved car loan in place before you start shopping for a new auto.

 

- If you have a car to sell or trade, make sure you’re ready to complete a transaction. That means cleaning the vehicle up, knowing its value, and having all of its paperwork – including service records and its title.

 

- Decide whether you want a more expensive model with a newest year model or whether you prefer a used truck or car that was manufactured in a prior year.

 

- Choose the auto make and model you prefer best.

 

Some notes for auto buyers:

 

- Start choosing the car or truck according to its main characteristics (value, price range, and personal need)

 

- Compare the truck or car you want to buy with other brands and models from the same category.

 

- New, more expensive vehicles are not always better.

 

- If necessary, evaluate prices, values and reviews of the car or truck using Kelley Blue Book or other vehicle lookup tool. It's especially inportant to compare the retail and wholesale price of the auto you've interested in.

 

- Maintenance cost and availability of spare parts is one of the most important factors to consider when making a car or truck purchase. Fuel cost (miles per gallon), tires, scheduled maintenance, repairs, and financing costs (interest on your car loan) should be a consideration.

 

- The cost of insuring autos varies from model to model. Therefore, it's worthwhile and a great idea to compare the cost of insuring a vehicle prior to buying. For example, family-friendly minivans, typically driven by experienced, safety-oriented motorists, are cheaper to insure than high-end sports cars that are fast and expensive to repair, according to the Insurance Information Institute. Insurance rates also vary from location to location.

 

- According to AAA, state and local taxes, license, title and registration fees, and other fees averaged $665 a year nationally.

 

- The more value your car retains over time, the lower the total cost of ownership. Your car loses value from depreciation every day you own it. New cars can lose over 20% of their value in the first year, according to Edmunds.

Whether your budget for an auto is huge or lean, the ability to bargain is an essential factor.

 

Shopping on a weekday will offer a better chance of getting a deal, with average savings hovering around 8%. Shoppers that buy a car on Monday have saved as much as 8.1%, which is the best average savings among all days of the week.

 

If you wait until the end of May you can take advantage of some great deals. Memorial Day weekend and often the days before and after it is when automakers and dealers lay out big incentives. Many automakers and dealers also have big promotional events surrounding Columbus Day weekend and Halloween. In late November dealers have also got into the madness of Black Friday. As December rolls around, some dealers may start sweating their annual sales goals. If it doesn’t look like they’ll meet those numbers, you may be able to play this for a great deal.

 
Vehicle Makes and Models

Acura

Acura is Honda's luxury brand. Acura automobile models are the MDX, RDX, TLX, NSX, ILX, RLX, and ZDXRLX Sport Hybrid.

Ford

Ford models include the E-Series Wagon, Edge, Escape, Escape Hybrid, Fiesta, Flex, Focus, Fusion, Taurus, Shelby GT500 and Mustang.

Kia

Kia models include the Forte, Forte Koup, Optima, Optima Hybrid, Rio, Rio5, Sedona, Sorento, Soul and Sportage.

Nissan Truck

Truck models include the Frontier, Titan, Titan XD, Armada, Pathfinder, and NV lineup.

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Audi

Audi models include the A3, A4, A5, A6, A7, A8, Q5, Q7, R8, S4, S5, S6, S8, RS 4, TT and TTS.

Ford Truck

Truck models include the F-150, F-250, F-350, F-450, Ranger, Ford Transit and Explorer.

Land Rover

Models include the LR2, LR3, LR4, Discovery 4, Freelander 2, Range Rover and Range Rover Evoque.

Porsche

Models include the 911 GT2, 911 GT3 Cup, 911 GT3 R, 911 GT3 R Hybrid, 911 GT3 RS and 911 Sport Classic.

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BMW

Models include the 325xi, 535xi, 335xi, 530xi, 330xi, X3, X5, X6 and Z4.

GMC

Models include the Yukon and Yukon Hybrid, Sierra, Acadia, Terrain, Canyon, Savana.

Lexus

Models include the ES, GS, GS Hybrid, RX, GX, IS, LS, LX, RX Hybrid and SC.

Saab

Saab car models are the 9-3 Sport Sedan, 9-3 SportCombi, 9-3 Convertible, 9-3X, 9-4X and 9-5 Sedan.

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Buick

Buick automobile models are the Enclave, LaCrosse, Lucerne and Regal.

Honda

Honda models include the CR-V, Civic, Civic Hybrid, Fit, Odyssey, Pilot, S2000, Ridgeline and Accord.

Lincoln

Lincoln vehicle models are the MKS, MKT, MKX, MKZ, MKZ Hybrid, Navigator and Navigator L.

Subaru

Subaru models are the Legacy, Forester, Impreza, Impreza WRX, Outback and Tribeca.

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Cadillac

Models include the DTS, CTS, Escalade Hybrid, SportWagon and SRX Crossover.

Hummer

Models are the H2, H3, H3T and H3 SUV. Hummers with diesel engines get far better fuel mileage.

Mazda

Models include the MAZDA3, MAZDA6, CX-7, CX-9, Tribute and RX-8.

Toyota

Toyota car models include the Avalon, Camry, Camry Hybrid, Corolla, Matrix, Prius Hybrid, Sienna and Yaris.

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Chevrolet

Models include the Chevrolet Volt, Avalanche, Agile, Aveo, Camaro, Cobalt, Corvette, Equinox, Impala, Malibu, Sonic and Traverse.

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Hyundai

Hyundai cars and trucks are the Santa Fe, Azera, Accent, Elantra, Elantra Touring, Sonata, Sonata Hybrid, Genesis and Veloster.

Mercedes-Benz

Models include the CL-Class, CLS-Class, E-Class, GLK-Class, M-Class, SL-Class, SLK-Class and S-Class.

Toyota Truck

Models include the Tacoma, Tundra, Land Cruiser, 4Runner, FJ Cruiser, Highlander, RAV4 and Sequoia.

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Chevrolet Truck

Models include the Tahoe, Avalanche, Colorado, Silverado and Suburban.

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Infiniti

Models are the Q50, Q60, QX55, QX60, QX80,

MINI

Models are the MINI Cooper, Cooper S, Clubman, John Cooper Works, Countryman and Cooper Roadster.

Volkswagen

Models include the Beetle, CC, Eos, Golf, GTI, Jetta, Jetta SportWagon, Passat, Routan, Touareg, and Tiguan.

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Chrysler

Models include the Chrysler 200 Convertible, 200 LX, 300 and Town & Country.

Jaguar

Jaguar automobile models are the XF, XJ and XK. The XK comes in both a convertible and coupe.

Mitsubishi

Mitsubishi models are the Eclipse, Galant, Endeavor, Lancer and Outlander.

Volvo

Volvo models include the XC40, XC60, XC90, and the XC90 XC90 Recharge plug-in hybrid.

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Dodge

Models include the Avenger, Caliber, Caravan, Challenger, Charger, Grand Journey, Magnum and Durango.

Jeep

Models offered are the Wrangler, Grand Cherokee, Cherokee, Compass, Renegade, and Gladiator.

Nissan

Models include the Leaf, Versa, Sentra, Altima, Maxima, 400Z, and the GTR.

 
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