A good way to realize that the conomy is rebounding is when you start seeing more positive articles about car ownership again. Let's face it. Car sales are a major driving force in the economy, perhaps even moreso than home sales. Well, if that's true then there's good news coming.
The folks who determine automotive resale values have released a new list of the best car resale values by class. These cars and trucks are the ones predicted by the experts to be able to get the best resale value later, which can make them a good buy right now. The list is compiled by Automotive Lease Guide and here are the winners.
Compact car: Honda Fit
Mid compact car: Scion xB
Midsize car: Honda Accord
Fullsize car: Nissan Maxima
Sporty car: Mini cooper
Near luxury car: BMW 1 Series
Luxury car: Lexus LS 460
Luxury sports car: Nissan GT-R
Compact utility vehicle: Jeep Wrangler ties with Subaru Forester
Midsize utility vehicle: Nissan Murano
Large utility vehicle: Toyota Sequoia
Near luxury utility vehicle: Land Rover LR2
Luxury utility veicle: Land Rover Range Rover Sport
Compact midsize pickup: Toyota Tacoma
Minivan: Toyota Sienna
Hybrid: Toyota Prius
Full size pickup: Ford F150
Commercial van: Dodge Sprinter
If you're looking for what car can give you the best return on your money, one of these is probably it. The only sad part is how few of Detroit's models made the list. That's something they still have to work on.
ABOUT THE AUTHOR
Known nationwide as a leading Lemon Law attorney, Ronald L. Burdge has represented literally thousands of consumers in "lemon" lawsuits and actively co-counsels and coaches other Consumer Law attorneys. From 2005 through 2018, attorney Ronald L. Burdge has been named as the only Lemon Law Ohio Super Lawyer by Law and Politics magazine and Thomson Reuters Corp., Professional Division. Burdge restricts his practice to Lemon Law and Consumer Law cases. The Ohio Super Lawyer results are published annually in the January issue of Cincinnati Magazine. Ronald L. Burdge was named Consumer Law Trial Lawyer of the Year 2004 by the National Association of Consumer Advocates, the nation's largest organization of consumer law private and government attorneys. "Your impact on the auto industry has been magnified many times over because of the trail you blazed for others," stated NACA's Executive Director, Will Ogburn. Burdge has represented thousands of consumers in Ohio, Kentucky and elsewhere since 1978 and is a frequent lecturer to national, state and local Bar Associations and Judicial organizations. Burdge is admitted to Ohio's state and federal courts, Kentucky's state courts, and Indiana's federal courts. Other court admissions are on a "pro hac" temporary, case by cases basis.