In recent times, resale value of automobiles have been known to vary from vehicle to vehicle and also from class to class. We know that as soon as a cars leave the dealer’s parking lot, it starts to depreciate in value. This is now more true than ever. During the first five years of ownership, the depreciation on the car can sum up to about 50% of the original amount used to buy the car and the car also has a very big tendency of loosing two-thirds of its initial market value over the space of five years. It sucks, right? I know.
However, a very good way of reducing this depreciation has been found to be investing your money in previously owned cars instead of acquiring brand new ones. This way, you can minimize your losses over the long run. Naijauto have decided to compile a list of sedan/ saloon cars with the best resale value and, as we said earlier, they vary from class to class and also from vehicle to vehicle. So, let’s get right into it!
1. Honda Civic
The Honda Civic has made a name for itself because of its affordability rate. It is one of the most reliable saloon cars with very strong resale values. Its resale value currently estimates at 49.4% after 3 years and 33% after 5 years.
That’s something, isn’t it? Your best bet for smooth and reliable transportation is to purchase a certified pre-owned Honda Civic with very low-mileage because it ensures market fluidity and high performance. You can check Honda Civic prices in Nigeria here!
Getting this Honda Civic pre-owned on a low mileage is as good as buying brand new
>>> The 2019 line up of Honda models are in line with the 21st century's focus on high-efficiency and zero-emission vehicles. See the Compiled Honda 2019 lineup & their amazing achievements
2. The Nissan Maxima
During the period in 2016 when saloon cars sale went down, the Nissan Maxima experiences a spike in its sales. It has been rated in the Kelley Blue Book that the Maxima is the number 1 overall in the full-size class. It currently has a resale value of 42.8% after 3 years and 30.8% after 60 months.
The Nissan Maxima comes with great features such as the Apple CarPlay and the Android auto support, distinctive styling, solid handling, a 305-hp 3.5 liter V6 and the cockpit that comes with a zero gravity front bucket seats.
A lot of improvements on the Maxima model; little wonder its value still counts on resale
>>> If you want to buy brand new, here are Cheap sedans 2019, priced under N10 million
3. The Honda Accord Hybrid
With its resale value estimate at 42.7% after 3 years and 31.7% after 60 months, the Honda Accord Hybrid has been named number one in the hybrid/alternative energy class overall. The Honda Accord Hybrid not only has a high fuel efficiency, it also has a lot of room space, it is very comfortable and comes in a grand style.
All models of the Honda Accord Hybrid come with excellent feature such as the collision mitigation braking, adaptive cruise control, road departure mitigation and the lane keep assist. Let’s not forget the Apple CarPlay and Android auto support also.
The Honda Accord remains one of the best models on the resale market
>>> You may want to check:
- Honda Accord: Discussion Continues prices in Nigeria (Update in 2019)
- Used Honda Accord for sale in Nigeria
4. The Subaru Legacy
This has been rated by Kelley Blue as the number one car in the midsize category. It has a current resale value of 47.6% after 3 years and 33.2% after 5 years.
Although the Toyota Camry and the Honda Accord have proven to be better when it comes to strength in midsize resale values, they do not offer AWD. The Subaru Legacy comes with AWD that allows you go anywhere no matter how bad the road or weather condition.
Not a very popular household car name but worth its penny in resale value
>>> The Subaru Legacy is also listed among cars having best infotainment system: Top 5 cars with the best infotainment systems (From N6 million)
>>> Click to view Subaru Legacy for sale on Naijauto.com!
5. The Lexus GS
With the Lexus GS, we are offered a variety of choices like the GS, the GS F models and the GS Hybrid. The Lexus GS has the best overall resale value in the luxury class at a rate of 42% after 3 years and 31% after 5 years. The GS 340 comes with a 311ho 3.5 liter V6 and is very much available in all-wheel or rear-wheel drive. And the GS-F models can cover from 0-60 mph in just 4.5 seconds with a 467 hp 5.0 liter V8.
The Lexus GS has all its trims featuring in the best resale value line
These saloon cars have been known to have the best resale values in the market and so, if you’re looking to acquire a new car, think twice about how much you’d be losing due to depreciation value. Your best best is always a previously owned car with a very low mileage.
>>> Naijauto.com is always available for your consultation! Find here the best car buying & selling advice!