Cars and trucks with best resale value according to Kelley Blue Book - Business InsiderBuying a new car or truck is one of the most important financial decisions we make. It's a big ticket item that affects multiple facets of our daily lives. For most of us, the price tag remains the top dog when it comes to car buying decisions. But, it would be a mistake to overlook the importance of a car's resale value. After all, owning a car that retains its value could save you thousands of dollars in the long run. Which is why Kelley Blue Book compiled a list of the 10 vehicles with the best resale value on sale in the US. Incredibly, seven of the 10 vehicles on the list are pickup trucks.
Smart Buys: These 10 New Vehicles Hold Their Value the Best!
These 10 vehicles have the best resale value
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Also, full-size trucks are more popular than they have been for over a decade, and the new Chevrolet Silverado, GMC Sierra and Ram pickups helped drive prices up. The shift away from passenger cars also is ongoing, and these buyers are either moving up to small utility segments or looking at used vehicles instead. While Cox Automotive expects new-car sales to slow in , the good news for the industry is transaction prices remain strong without help from huge incentives. Transaction Price Avg. January Transaction Price Avg. Hyundai - Kia.
"Blue Book pricing!" "We're selling below Blue Book!" "Get true Blue Book value for your trade-in!" Whether you're buying or selling a car, truck or SUV, you can't.
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What's my car worth? How much should I pay for that used car?
That is the main question on your mind right? - Are you looking to sell your vehicle or trade it in? Black Book is what dealers usually refer to when trying to figure out how much a used vehicle or trade in is worth.
This page is for personal, non-commercial use. At one time the Blue Book value was a used car insider's term like 'cream puff' or 'cherry', but today the phrase is, uh, all over the lot. The Kelley Blue Book has become one of the major merchandising devices of modern vehicle selling. From used car lots to new car dealers , they all claim to sell cars at or below Blue Book while buying your trade-in well above Blue Book! What, actually, is a Blue Book?
Using detailed data and Hagerty expertise, our valuation tools are designed to empower the classic car enthusiast. You will gain a better understanding of changes in the marketplace and how these changes apply to classic car values. Looking for classic truck values or classic motorcycle values? We have those, too. What's This? View Index Details.
According to data compiled by Business Insider and Kelley Blue Book, the automotive research company, more than 8. Of the top cars sold so far this year, 14 of them have positive sales growth numbers compared to their statistics. Crossover SUVs are clearly the vehicles Americans want. According to Kelley Blue Book, over 2. In the top 20 rankings alone, half were crossover SUVs, with 10 models listed.