Virtually every asset other than homes, land, and collectibles loses value over time. This is known as depreciation. Many new car buyers are shocked to find the value of a car worth substantially less than what they paid for it. Cars tend to depreciate more quickly than most assets, losing up to half their value in the first five years of ownership.
You can save money in the long run by purchasing vehicles with higher resale values. Market research shows that the following vehicles have some of the highest resale values of all American cars.
2015 Nissan Frontier
Since 1997, the Nissan Frontier has been one of America’s favorite mid-size pickup trucks. In 2015, new models ran anywhere from $17,990 to $35,260. On average, the