A little patience can pay off in a big way when you’re shopping for a car. While new cars definitely have the shine and allure to draw buyers, and a warranty that gives you a great deal of peace of mind, they also come with a big hit to the value in the form of depreciation. Some models lose up to 25 percent of their value as soon as you drive off the lot. One way to get the best of both worlds is to look for a vehicle from the last model year. Here are three great choices from the 2018 lineup.
2018 Toyota Corolla
For a student or a young adult just starting out, a new car probably isn’t in the budget. However, if you do your homework and research carefully, you’ll find some good options to fit even a small budget. The 2018 Toyota Corolla is a compact sedan that might just fit that sweet spot for you. CarGurus named it a winner in its segment in the 2018 Best Used Car Awards, estimating that the Corolla holds its value 29 percent better than competitors. The Toyota name itself is synonymous with quality and reliability so you can buy with confidence.
2018 Chrysler 300
For a family or a professional who needs to be able to transport clients, a car larger than the Corolla might be in order. A full-size sedan like the 2018 Chrysler 300 may suit those needs nicely. This highly rated model earns positive reviews from current owners; they rank it higher than other similar cars more than half the time. The Chrysler 300 retains its value better than 7.9 percent of other large cars on the market. Another bonus is the availability of the 300. They’re plentiful on the lots, so you have more to choose from.
2018 Ford Explorer
Since 1991, the Ford Explorer has been a favorite in the full-size SUV/crossover market. It appeals to soccer moms, road warriors, and anyone else who needs room to carry cargo and people. All the things that make the Explorer the best selling new vehicle in its class year after year also make it a darling in the pre-owned car market. The 2018 Ford Explorer retains its value 23 percent better than its competitors, an impressive figure for this highly competitive segment. As the most plentiful SUV on the pre-owned lot, you’ll have lots of colors and options to choose from when you go shopping.
Pre-owned Saves You Money
Smart buyers know that you can save money and avoid the depreciation associated with a new car without giving up the advantage of the manufacturer’s warranty by buying a one-year-old pre-owned ride. Do your research and know what you’re looking for in terms of features and colors before you start to check out the lots. The friendly professionals at Rath Auto Fort Smith will be glad to help you find just the right 2018 model to match your needs. Visit today and start your search.
Image via Flickr by truckhardware
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