If you buy cars and then drive them until the wheels practically fall off–as I usually do–then you don’t need to worry much about “retained value.” You can take pride in squeezing all the value out of your vehicle before it’s hauled off to the dump. If you plan to trade in a car at some point, though, it can make sense to pay attention to how well the value of that make and model holds up over time.
Edmunds.com just released its 2012 Best Retained Value Awards, to single out the cars that depreciate less over time. Honda and Acura are the top brands, while Ford had the most model-level awards. You can see the complete list, complete with runners-up, here.
- The best used cars, from Edmunds.com If you're in the market to replace a vehicle, check out Edmunds.com's list of 2012 Used Car Best Bets, which include:
Compact Sedan: […]
- Friday’s need-to-know money news The best way to invest your first $1000, the pros and cons of living on cash, and what's covered by identity theft insurance.
How to […]
- Money rules of thumb: car edition Today for public radio’s Marketplace Money we talked to a guy who has a $600 a month car payment. It turns out he bought a car worth more […]
- Moonjar winners: check your email! All 12 winners of the Moonjar Money Boxes have been notified, but I've only heard back from 8 of you. If I don't hear back from the other […]