Unless you’re the proud owner of a desirable antique car, there’s a hard truth that almost all car owners must face—your car’s value will depreciate. It’s unfortunate, but true. It’s a disappointing realization when you’re thinking of selling your car; you’re better off to think about it from the beginning, so that you can plan in advance. Whether you’re thinking of buying a car or have just bought a car there are ways you can prevent depreciation so that when the time is right to sell you will get the most value out of your sale.
Our vehicles are often among our most valuable assets. However, a vehicle typically is not an investment, with the exception of some classic cars. Almost every car depreciates over time, even up to $5,000 in the first year. Depreciation is not entirely avoidable, new vehicles will depreciate as soon as you drive off the lot. However, you can get a car that will hold its value better than others. Choosing a car with a high resale value means that you can build equity, and get the most return when you’re ready to sell.
According to the KBB, the vehicles below are among the top choices for the best resale value.
Craigslist is great for a lot of things – you can buy and sell almost anything and you can typically get a great price. Sellers get more than they would if they took their items to a pawn shop or dealership and buyers pay far less than they would at those same places. Unfortunately, you do have to be alert and aware of potential scams, therein is the downfall of Craigslist. This post focuses on the buyer’s guide to Craigslist safety.
These sellers all have three things in common: they’re selling cars (well, they’re [kinda] trying anyway), they’re honest, and they’re funny.
Craigslist can be a great place to publicize items that you’d like to sell. You can rid your home of things you no longer want for, while making a few extra bucks. The one major downfall of Craigslist, of course, is the associated crime so it’s important to take extra measures to ensure your safety.