It’s a great time to buy a used car in 2019. Despite the high demand for trucks and SUVs, the overall market is down this year. That means it’s a buyer’s market out there, which creates some amazing deals for both new and used cars in hollywood fl.
While a new car will lose a significant chunk of its value the moment it leaves the dealership, a used car can hold its value well—from the moment you buy it until the day you sell it. Used car dealers will do what they can to make their money on a down market, such as offering overpriced dealer warranties, but finding your own extended car warranty can be cheaper than what the dealer offers and add more value to the car itself.
Before investing in a used vehicle, these are some of the best values available on the market:
Get used to seeing Toyota a lot in this list because it’s the most valuable brand in 2019, according to Kelley Blue Book. Toyota trucks, SUVs, and cars hold their value incredibly well and prove to be a good investment even for people who buy them new. This is both a blessing and a curse—a used Toyota will cost you more upfront but will also pay more when the day comes to sell it.
And leading the most valuable brand is Toyota Tacoma. It rules the mid-size truck segment and can hold more than 60 percent of its value 60 months after its first purchase. The Tacoma is legendary for its reliability with owners boasting theirs as 200k, 300k, or even 400k miles.
As outdoor recreation grows more popular, the most popular go-anywhere vehicle sells more each year. The Wrangler sold more than 240,000 units in 2018; that’s 50,000 more than the year before. Bad news for shoppers looking for deals on a 2019 model, but great news as used Wranglers coming off their leases enter the market at record numbers.
While the Jeep isn’t known for reliability or longevity like the Tacoma, there’s nothing like them in the market so keep your eyes open for a new jeep for sale. This keeps their value high over the years.
The 4Runner isn’t the most modern SUV on the market. In fact, it’s purposefully mechanical and old school by design. Adventurers and enthusiasts love the 4Runner for its old, reliable 4.0L engine, manual transfer case lever, and another 20th-century tech that carries Toyota’s reliability. Everything that makes the Tacoma a great, valuable truck holds true for the 4Runner in the SUV segment.
The F-150 is the best-selling full-size truck in the United States and holds its reputation as the true American pickup. Ford trucks are a lot like Jeep Wranglers in that they’re in such high demand as new vehicles that they eventually over-saturated the used market.
Toyota may be revered for reliability but people love Ford trucks for their cutting-edge transmissions and high-mileage 3.5L EcoBoost engines. No one else is offering a drivetrain quite like Ford right now and that makes the F-150 both a fantastic workhorse and economic daily driver.
Surprised to see a luxury brand on the list? While the Porsche Mecan starts at just under $50,000, it still holds more than half its value after 60 months. That means it’s possible to drive off the lot in a luxury crossover for $25k knowing its value won’t plummet in a few years.
Honda, also known for its reliability like Toyota, combines the best of both worlds in the HR-V. It’s one of the most affordable new crossovers at $20,000 and it holds its value after purchase. And unlike some of the more ancient tech found in the Tacoma and 4Runner, Honda is faster to new features like Apple CarPlay and driving/safety assist. It’s no Porsche, but the HR-V is an incredible deal in that budget.
Adventurers who don’t have the budget for a Wrangler or 4Runner but still want to explore the dirt trails will find a good buy in the Subaru Crosstrek. It doesn’t pack a ton of power in its 4-cylinder engine but it’s more than capable to explore most forest roads. Its hatchback design also makes it perfect for packing camping gear for the weekend.
The list for valuable used vehicles goes on but the best choice for you depends on your budget up-front, how long you intend to keep the car, and the return you want when it sells.