Quote (Santara @ Sep 4 2017 08:58pm)
For least worst return, compare the estimated residual values from lease turn ins. Generally speaking, the more in-demand and reliable a car is, the better its lease turn in value will be, which is an excellent indicator of quality and market anticipation.
http://www.truecar.com/blog/2012/12/06/truecar-and-alg-reveal-new-car-residual-values/Suzuki is simply not sought-after, much less a notable nameplate for reliability, so it would be a poor "investment." Hondas generally earn top marks for both.
hey bud. here is what I can tell ya. my dad has been a new/used car dealer at major lots for over 10 years.
buy used, even if its under a year old. people buy new and decide they don't like it and trade it in for something else. you will save a few grand. if money is not an issue and you are looking for a car to baby for years to come; buy new.
when shopping for a used car, buy it either from a private party, after a mechanic you trust has checked it out. or find one at a major new/used car dealer that has been on their lot for over 90 days. once a car hits 90 days on a car lot the dealership will be willing to haggle over it. 90 days is the benchmark for when a dealer gets hella desperate to sell the car. most big/reputable dealerships will give you a carfax report, the report will show you when they first offered the car up for sale. 90 days after that date, they will be totally down to haggle and barter.
a tip: the carfax or autocheck report will allegedy show the cars history. they will claim to show any "accidents reported to them".... car insurance companies do not report to them. what shows up on carfax and autocheck reports is when a police officer is called to the scene of an accident. what im saying is the car may have a "clean" carfax or autocheck and still have an accident history, but if the police were not called the history will likely not have been reported to carfax or autocheck. I know that from experience.
please pardon any typos as I am on a new laptop and typing in the dark. if you have questions shoot me a pm. I do not check jsp regularly but I will gladly help in any way I can.
edit: when it simply comes to brand.... you cant go wrong with Toyota, Nissan, Honda.... and Ford is a very good company. when the auto industry died in the us, the only American company to NOT take a gov bailout was ford. stay away from german shit(other than super basic VW cars) because when the warranty runs out they can have annoying electrical issues. whatever you buy, see if you can extend the Manufacturer warranty. follow maint. schedules and pray for a good car.
This post was edited by PopLockin on Sep 10 2017 02:45am