With the number of new vehicle models out in the automotive market today, why are pre-owned cars still selling like pancakes? It seems that even if we’ve gravitated towards the purchase of new, high-tech gadgets such as smartphones and tablets, buying secondhand cars is still the practical thing to do nowadays. The most in-demand used cars are models released as early as last year. Prices significantly lower than when they were first bought, these cars have left the pain of depreciation behind them, to the delight of their buyers. Let’s take a look at what’s hot in the used-car arena. A good tip when looking for used cars to buy is to do some research on the long-term value of vehicles. Some vehicles have a great value due to long-term dependability; these are the cars we have listed for you. Toyota Yaris – Sold as the Vitz in Japan and in other markets, the Yaris is a line of three- and five-door hatchbacks. Its compact and aerodynamic size gives it great mileage on the highway, and it’s packed with several safety features not found in other models in its class. It has a better than average reliability according to Consumer Reports, and has a relatively low maintenance and repair cost over a five-year period. The fuel efficiency and reliability are added bonuses to its already being an affordable used car to buy. Toyota Corolla – The world’s bestselling car is also one of the most in-demand used cars! The Corolla is the world’s go-to vehicle when one wants unsurpassed reliability and a no-frills driving experience. The Corolla is probably the most popular vehicle on the planet. It probably helps that it’s very easy to maintain and repair, and replacement parts are easier to come by. It’s like if mobile technology has the Android operating system, the automotive industry has the Corolla. It’s very affordable too: a Consumer Reports study shows that you will only have to spend a little less than three thousand US dollars for the Corolla’s maintenance and repairs over a five-year ownership period. Fuel economy is good at 29 mpg in the city and 35 on the highway—not that stellar, but considering the other factors, the Corolla is a sure win. Nissan Altima – The Altima is usually overlooked, especially if you consider the number of Hondas and Mazdas in the secondhand market, but what makes it one of the most in-demand used cars is its price (definitely lower than Honda) and safety. This sedan is equipped with six airbags and was designed to protect its passengers in all emergency situations, making it a great family car. It has received above-the-board ratings in crash tests, and it accelerates pretty quickly too—zero to sixty mph in just 7 seconds. Toyota Prius – For the environmentally-conscious, you can save more resources (the earth’s and yours!) when you opt to buy Toyota’s flagship hybrid. It has the highest mileage rating of course, which saves on fuel expenses, and still it is a very functional car, with lots of leg and luggage room. Hybrids are all the rage nowadays, so it’s no wonder that the Prius is among the most in-demand used cars in the world today. If you want one too, have a look at tradecarview’s stock and get the best deals on pre-owned cars for sale.
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