What part of owning a vehicle do you think costs the most? Fuel, taxes and fees? Car and Driver says what costs the most in owning a vehicle is actually when you sell it, when you take the depreciation hit. There are two ways to look at this: depreciation and retained value. Think of it as a glass half-empty or glass half-full scenario. For example, a vehicle that depreciates 35 percent retains 65 percent of its original value. Niche models may not make a ton of money for automakers, but they are often excellent opportunities for consumers if they scoop up the model just before it's canceled. The National Automobile Dealers Association tracks trade-in value to gauge which vehicles hold their value best. On average, vehicles lose almost half their original value within the first three years. But not all vehicles depreciate equally, so which ones hold their value, and which cars don't? The data below depicts retained values of three-year-old models.
Four Toyota models are among the top ten vehicles that hold their value best. At Gatorland Toyota, we stand by the Toyota name and are proud to offer our customers reliable and safe vehicles.
When your Toyota needs scheduled maintenance or repairs, look no further than Gatorland Toyota, where our technicians are highly trained to handle your service needs quickly and affordably seven days a week. We know your time is valuable, which is why our Express Service Maintenance program provides you with service that's precisely timed to fit within your busy schedule. Other perks our service customers enjoy include complimentary rental cars, free exterior car washes, online appointment scheduling and free iPads to keep you occupied while you wait. We've built an automotive service division that our customers consider second-to-none. Stop by and find out why our customers keep coming back to Gatorland Toyota for all their Toyota maintenance and repairs needs.
If you'd like to learn more about the resale value of your Toyota, drop by Gatorland Toyota at 2985 N. Main St., Gainesville, FL 32609. We look forward to serving our customers from Gainesville, FL, and throughout Ocala and Jacksonville, FL!