Even before many of us purchase a vehicle, one of the first things we consider before signing on the dotted line is how well the specific model we have in mind will retain its value. After all, the moment it’s driven off the lot, a brand new car will lose a significant portion of its value, so you want to be sure that you won’t be left out to dry when it’s time to trade-in your current ride. Thankfully, you’ll be glad to learn that Acura vehicles lead the pack when it comes to resale value. Contact Pohanka Acura to learn more!
Though all cars decrease in value once they leave the sales lot, different brands devalue at different rates, meaning that while certain makes retain a high degree of their value, others may not be worth nearly as much once you’re ready to trade it in. Therefore, it’s important to be aware of about how much your vehicle will be worth when you’re ready to part with it. Of course, this depends on if you plan on being behind the wheel for five, ten, or even fifteen years, so be sure to account for your specific needs.
Some people might warn you against driving a luxury car, as many believe that these models have the worst value retention. In reality, this simply isn’t true! Edmunds recently released its 2018 Best Retained Value® Awards1, and Acura ranked well in several categories! Just to name a few, the 2018 ILX was an Honorable Mention in the Luxury Compact Car category, while the 2018 RDX also finished as an Honorable Mention in the Luxury Compact SUV group. Additionally, in 2016, Acura was ranked as the top luxury brand for value retention. It’s clear that by driving an Acura, you can expect to enjoy a competitive degree of value!
If you’ve already purchased an Acura vehicle and wish to learn about how you can maximize its value, we’re here to offer a few tips! First, be sure to take care of all the mechanical components by staying up-to-date on routine maintenance procedures. Also, try to keep the interior as clean as possible and minimize any damage to the upholstery. Finally, take great care in avoiding any chipped paint or dents, as this could lead to the rusting of the body structure, which severely hurts a vehicle’s value.
So, do Acura’s hold their value well? Now you know that, yes, they do! Compared to other vehicles, Acura vehicles offer exceptional value by retaining a greater percentage of their worth over the course of their time in your care. For more information, contact the staff at Pohanka Acura!
- Information taken from Edmunds website.