Top Reliable Used Cars That Hold Onto Their Values

The demand and sale of used cars in the US are rising. According to the data available, the sale of used vehicles was around 39.3 million units in 2020. While the sale of new cars and automobiles was only 14 million. 

That means if you are considering selling your car, you must proceed with the decision without any hesitation. It is also noteworthy that December and January, especially the days preceding Christmas and New Year, are among the best times to sell a used vehicle. As per the reports, you are approximately 18% more likely to get a good value for your vehicle. 

Even so, before you Google- where to sell my car and look for an offer, you must learn about reliable used vehicles. It will help you learn about the market and automobile valuation. 

So, let’s learn!

● BMW Series

BMW is one of the most reliable cars as it provides power and performance to the driver. Not only does this look classic, but it also ensures utmost comfort to the driver and passengers. It offers an all-wheel drive and a choice of an automatic and manual transmission. 

Generally, the value of second-hand or used luxury cars tends to drop significantly during the sale- roughly around 30 to 40%. But, that’s not the case with the BMW series. Even after 5 or 6 years, you can get adequate resale value for the vehicle. 

● Ford Mustang 

The rear-wheel-drive Mustang has a soft-top convertible and sleek fastback coupe. Its base engine is a 3.7-liter V-6, making around 300 horsepower. After the redesigning in 2015, the company added an independent rear suspension to facilitate ride and handling. 

It offers a unique blend of impressive design, speed, and daily civility. That’s why the value of the Ford Mustang, even when in used condition, is profitable. In fact, if the vehicle is not driven a lot; you can also ask for a higher price from the buyer. 

In simple terms, vehicles are generally driven 10,000 miles per year. If you are selling your 4 years old Mustang, which is driven only 5,000 miles, you can ask for a higher price while selling. 

● Honda Fit

The reliability rate of honda is 4.0 out of 5.0 and ranks number 1 out of 32 automobile brands. According to statistics, 

Honda Fit offers an enjoyable car ride along with great space for people and cargo. Especially after a full redesign in 2020 including a “magic” rear seat that flips up and folds flat to offer more space to the passengers.

Moreover, a vehicle with 130-hp 1.5 liters four-cylinder engine along with a six-speed manual transmission and CVT (continuously variable automatic) can easily offer you a great value over the sale. 

● Mitsubishi Pajero

Mitsubishi was among the car brands with the best resale value, according to a 2019 research by ISeeCars.com. The Pajero or Montero is in the top ten of Mitsubishi cars with the best resale value.

Regarded as a highly reliable car, the Mitsubishi Pajero offers diesel or petrol engines, automatic or manual transmission, and a spacious five-seat or sizable seven-seat configuration. Custom-fit auto accessories are also available to spruce up a worn interior to fetch a good price for a used Mitsubishi Pajero. 

To Sum It All Up!

These are some of the best valued and reliable used cars. So, if you own any of these and wish to upgrade to a new car, do not hesitate to sell your vehicle and get good deals for it. In fact, even if you do not have the brands mentioned above, you can contact a reliable company and negotiate a good deal.