No accountant will ever tell you that buying a car is a good investment. Instant depreciation is the price we pay for that ‘new car smell’.
On the other hand, classic and vintage models from luxury and sports car brands continue to clock in record prices at auction. Most recently, a 1962 Ferrari GTO sold for a whopping $48.4 million at Pebble Beach. Maybe accountants need to take notice!

Resale values and depreciation rates are important to saavy car buyers and established brands continue to be the best buy for these considerations. Our friends at AbsoluteReg created this handy infographic that simplifies the mystery behind auto depreciation rates and confirms that top luxury brands make the most financial sense when it comes to resale and trade in values:

By Doron Levy Graphic courtesy AbsoluteReg
The post Top car brands still command the best resale values appeared first on TheTopTier.

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