With the new year comes a new fleet of car models to tempt the buying public, but the previous year’s models don’t simply vanish when the new year arrives. Typically, car companies only do a complete redesign of a popular model every few years, so the changes between years tend to be incremental updates. This means you can often get a good value by buying the previous year’s model after their price drops, giving you most of the same features as the newest model for a significantly better price.
Cars from Japanese makers like Honda, Toyota and Nissan have long had a reputation for strong resale value, so it’s no surprise to find that many of their cars made it onto the list with familiar names like Camry, Corolla, Altima, Civic, and Accord. However, Ford’s Fusion makes the cut thanks to its strong consumer rating. Only one sports utility vehicle makes this year’s list, with the Honda CR-V earning a place alongside the company’s sedans. American trucks top the list with Ford, Chevy, and Dodge all bringing strong competitors featuring powerful V6 motors to clench the top three spots.
