Top five cars for holding value
Canadian Black Book residuals
http://www.leaderpost.com/Cars/five+...051/story.html
Every year, the Canadian Black Book tallies up which cars have the best residual value using data from four-year-old vehicles, for this year's list, using 2005 model-year cars.
All passenger cars and light trucks less than $70,000 are considered, and the residual value is based on the car's ability to retain value from its original manufacturer's suggested retail price.
No, this list isn't a sexy as the Top 5: Most expensive convertibles list, but a car's residual value affects how much it can be sold for in the future and is important to consider when buying a new car. Cars that don't depreciate in value as much ensure a buyer gets the most bang for their buck when it's time to make a trade.
The following are five cars from the CBB's list of 2005 model cars with the best future resale values.
1. Mazda3 With an MSRP in 2005 of about $13,680, the Mazda3 is a crowd favourite for its sporty ride and stylish exterior. Available as a four-door sedan and a five-door hatchback, Post Driving Motor Mouth David Booth said in a 2005 review that the Mazda3 "offer[s] more power, more room and more sophistication than its competitors."
2. Mini Cooper Always a top choice from autojournalists young and old, a cute base Mini Cooper in 2005 came with a MSRP of just less than $17,000. The Mini is always praised for its go-kart-like driving dynamics, its stellar fuel efficiency and, of course, its charming good looks.
3. Toyota Corolla Perhaps the most famous for holding its value, in 2005, the Corolla started at $13,780. A somewhat staid but solid choice, the Corolla has earned a reputation for affordability and reliability. In a 2005 review, Post Driving's Graeme Fletcher said the Corolla is "well suited to its role on the road [and] it has enjoyed a long life," adding that the Corolla is the top-selling automotive nameplate of all time for many good reasons.
4. Honda Civic Quoted as being the "gold standard" in its market by a Canwest auto reporter in 2005, the Civic started at an MRSP of $13,260. The Civic is reported to have high quality and reliability comparable the Corolla, but with more style and a sportier disposition.
5. Smart fortwo Starting in 2005 at $16,500, the micro-sized Smart fortwo also holds value well. A bit more quirky than the other offerings on this list, the Smart is a city runabout that sips fuel and is a real head-turner, which can't be said for the much more common Corolla or the Civic.
Other winners of CBB's residual value award for this year include the (2005 model) Dodge Sprinter, Toyota Tacoma, Toyota RAV4, Toyota Matrix and Toyota Echo.
© Copyright (c) Driving
Canadian Black Book residuals
http://www.leaderpost.com/Cars/five+...051/story.html
Every year, the Canadian Black Book tallies up which cars have the best residual value using data from four-year-old vehicles, for this year's list, using 2005 model-year cars.
All passenger cars and light trucks less than $70,000 are considered, and the residual value is based on the car's ability to retain value from its original manufacturer's suggested retail price.
No, this list isn't a sexy as the Top 5: Most expensive convertibles list, but a car's residual value affects how much it can be sold for in the future and is important to consider when buying a new car. Cars that don't depreciate in value as much ensure a buyer gets the most bang for their buck when it's time to make a trade.
The following are five cars from the CBB's list of 2005 model cars with the best future resale values.
1. Mazda3 With an MSRP in 2005 of about $13,680, the Mazda3 is a crowd favourite for its sporty ride and stylish exterior. Available as a four-door sedan and a five-door hatchback, Post Driving Motor Mouth David Booth said in a 2005 review that the Mazda3 "offer[s] more power, more room and more sophistication than its competitors."
2. Mini Cooper Always a top choice from autojournalists young and old, a cute base Mini Cooper in 2005 came with a MSRP of just less than $17,000. The Mini is always praised for its go-kart-like driving dynamics, its stellar fuel efficiency and, of course, its charming good looks.
3. Toyota Corolla Perhaps the most famous for holding its value, in 2005, the Corolla started at $13,780. A somewhat staid but solid choice, the Corolla has earned a reputation for affordability and reliability. In a 2005 review, Post Driving's Graeme Fletcher said the Corolla is "well suited to its role on the road [and] it has enjoyed a long life," adding that the Corolla is the top-selling automotive nameplate of all time for many good reasons.
4. Honda Civic Quoted as being the "gold standard" in its market by a Canwest auto reporter in 2005, the Civic started at an MRSP of $13,260. The Civic is reported to have high quality and reliability comparable the Corolla, but with more style and a sportier disposition.
5. Smart fortwo Starting in 2005 at $16,500, the micro-sized Smart fortwo also holds value well. A bit more quirky than the other offerings on this list, the Smart is a city runabout that sips fuel and is a real head-turner, which can't be said for the much more common Corolla or the Civic.
Other winners of CBB's residual value award for this year include the (2005 model) Dodge Sprinter, Toyota Tacoma, Toyota RAV4, Toyota Matrix and Toyota Echo.
© Copyright (c) Driving
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