10 Vehicles With the Worst Resale Value
When I first purchased my brand new Jeep Liberty back in the summer of 2007, I had no idea that not even a year later, the United States would be in the middle of a gas crisis. I even tried to sell it back, but despite the fact that it was still brand-spanking new (well-gently used let’s say), no one would touch it with a ten foot pole! My vehicle had officially been branded a “gas guzzler” and no one was looking for a vehicle that sucked up as much gas as mine did while gas prices were continuing to rise.
Despite the fact that I made a poor decision when it came time to purchase my first vehicle, I am not alone. There are hundreds upon thousands of people out there who make poor vehicle choices either because they’re misinformed or because they didn’t do enough research prior to their purchase. Had I had the foresight to thoroughly research the vehicles out there to find out which ones got the best gas mileage as well as which vehicles had the best resale value, I would be in a better financial position now.
Cars With Poor Resale Value
Like so many new car buyers, researching which vehicles had the best resale value was NOT on my mind; however, it is something that any person who is a buying a new vehicle should know. According to car.com, the following vehicles were listed as having the worse resale value for 2008:
- Mazda B2300
- Ford Ranger
- Suzuki Forenza
- Chevrolet Colorado
- Mitsubishi Endeavor
- Suzuki Reno
- Dodge Ram
- Dodge Durango
- GMC Canyon
- Kia Rio
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[…] you are thinking of purchasing a car, make sure you know which vehicles have the worst resale value. There are too many people out there who do not know, aren’t aware or simply […]