Buying a car is a considerable investment. There are a number of things you need to consider, such as cost of maintenance, mileage, and resale value, to have a smooth experience from buying to selling your car. There are many options on the market when it comes to salvage cars for sale or online public car auctions, but make sure you go with a reputable dealer who won’t take you for a ride for easy money. Buying a car with a high resale value ensures that you’ll get enough cash back when you sell your car to buy your next set of wheels. These are best-in-class models with high resale values that you can easily find at public online and salvage auto auctions. Have a look.
Honda Fit: Subcompact Car
With an MSRP of $15,500, it has a three-year resale value of 61.6%. It offers a mileage in the city of 27 MPG and 33 MPG on the highway. It comes with a 1.5-liter four-cylinder engine. Equipped with 117 HP, this is the perfect economy car.
Honda Civic: Compact Car
With an MSRP of $18,200 it has a resale value of 62.3% after the first three years. It offers a mileage in the city of 28 MPG and 39 MPG on the highway. ECON button optimizes fuel efficiency. It comes with a 1.8-liter four-cylinder engine. The anti-lock braking system ensures the safety of the driver and passenger.
Honda Accord: midsize car
With an MSRP of $21,700 it has a resale value of 58.4% after the first three years. It offers a mileage in the city of 27 MPG and 36 MPG on the highway. A cross between a sporty and elegant sedan, the Accord comes with a 2.4-liter engine. This model comes with a rear view camera and an 8-inch screen that can display text messages and music information.
Hyundai Azera: Full-Size Car
With an MSRP of $32,250 it has a resale value of 54% in the first three years. It offers a mileage of 20 MPG in the city and 29 MPG on the highway. It comes with a 3.3-liter, six-cylinder engine that has 293 horsepower. The Azera is all about safety, coming with nine airbags and a centralized electronic stability control system. The high-end audio system ensures you get bang for your buck.
Conclusion
Buying a car should be a calculated step. Make sure you are well acquainted with insurance policies, hidden costs (if any). Make sure you are well acquainted with the manufacturer’s after-sales service and resale pricing patterns. Lastly, if you plan to buy the car at an online public auto auction, be sure to choose a reputable name in the business.
