5 Vehicles With the Best 5 Year Resale Value
Purchasing a car is a significant financial investment that requires careful consideration. Aside from the fundamental aspects such as safety, performance, and esthetics, it is also important to take into account its current resale value. You may want to upgrade to a newer model in a few years, so being aware of its depreciation cost is crucial. This article discusses 5 best options to look for in the market that have an average resale value. Subaru Crosstrek According to some experts, the Subaru Crosstrek’s resale value is 61 percent. It is a subcompact SUV, and the starting price for this car is $23,645. This pricing is for the base model, which comes with a manual transmission, while the Premium model starts at $24,795. If you prefer a CVT automatic transmission, you can upgrade by paying an additional $1,350. There are other models in the Crosstrek series, like the Special Edition, which starts from $26,745; the Sport model at $27,995; and the Limited trim, which starts at $29,495. If you are looking for a hybrid option, they have the Crosstrek Hybrid, which starts from $36,845. It’s important to note that there are some tax incentives available for choosing a hybrid option because it benefits the environment and is supported by the government. Also, be sure that these prices are the manufacturer’s suggested retail price and they do not include the destination fee or what is popularly known as the factory-to-dealer delivery fee. Tesla Model X The resale value of this car is estimated to be around 66 percent. This all-electric Tesla Model X is a large luxury SUV and the pricing for the same starts from $98,490. This is a seven-seater car that boasts of high performance and design, and it also has received a 5-star score from the National Highway Traffic Safety Administration, making it a safe car to travel in.