One way to maintain your car’s value is to maintain it well, and Alabama Title Loans, Inc. can help if you find yourself facing a financial emergency. However, buying a model that keeps its value over time is better. You've come to the right place if you’re shopping around for new cars!

In this guide, you’ll discover the top 10 new cars that keep their value over time. Then, you’ll find a few quick and easy steps to help maximize your car’s value even more!

Top 10 New Cars In 2024 For Best Resale Value 

If you’re looking to buy a late-model vehicle that keeps its value, you’ll likely find it in one of the following:

1. Audi Q3

First on this list is one of the smaller models on the market. The luxurious 2024 Audi Q3 is tiny but in demand, helping to keep its resale value high. 

2. BMW 2 Series

Another one you should consider if you love smaller cars is the 2024 BMW 2 series. Thanks to its world-renowned German engineering and design, you can expect a reasonable price when selling it off or trading it in.

3. Porsche Macan

Suppose ‘small’ isn’t tiny enough for you. In that case, you’ll want a compact vehicle like the 2024 Porsche Macan. It’s fast, sleek, and retains its value better than many others.

4. Kia Sportage

Of course, you don’t necessarily have to go for a premium model to enjoy the same benefits. Kia’s 2024 Sportage is a more affordable compact SUV packed with features. More importantly, it holds its value as good as the rest of the cars on this list.

5. Cadillac CT5

For fans of the mid-sized vehicle, you can’t go wrong with the 2024 Cadillac CT5. You can fit plenty in this car comfortably, and rest assured that it’ll keep its value over time.

6. Chevrolet Camaro

Another familiar name in the mid-sized category that also does a fantastic job keeping its value is the 2024 Chevy Camaro.

7. Lexus RX

Some Japanese cars also do a fantastic job retaining their value. The 2024 Lexus RX is a perfect example, being a midsize luxury vehicle that’s in demand even as a second-hand vehicle.

8. Chevrolet Silverado 2500HD

What if you need a full-sized pickup to transport loads? In that case, check out the 2024 Chevrolet Silverado 2500HD. This workhorse will help you on the worksite and in your personal life.

Plus, you can expect a high resale value if you want to sell it.

9. Toyota Sequoia

The reliability that Toyota is known for is one reason why its models also have good resale values. The 2024 Toyota Sequoia, a large SUV, is a perfect example.

10. Toyota Tundra 2WD

Another Toyota worth considering for the same reason is the 2024 Tundra 2WD. That’s a light-duty pickup suitable for moving people and cargo around comfortably.

How Do You Maximize Your Car’s Value?

Some car models are better than others at retaining their value. However, most of that depends on how well you maintain the vehicle while you own it.

Here are three ways you can maximize your car’s value regardless of its make and model:

• Regular cleaning: Don’t underestimate the importance of regular cleaning. Washing your car and cleaning the interior reduces wear and keeps your vehicle looking its best.
• Regular servicing: Regular servicing also plays a significant role. Change your fluids and replace worn components to maximize their lifespan and value.
• Fix minor problems: Lastly, fix car problems while they’re small. Those problems worsen with time and undermine the vehicle’s value. Solving them early prevents that.

How Can An Alabama Loan Help With Emergency Car Costs?

These steps look easy to do at first glance. However, that’s quite challenging if you don’t have the money to stay on top of your car’s regular maintenance and emergency repairs.

One option is to borrow money in the short term to do so. For instance, you can get money through a title pawn or payday loan when your car needs urgent repairs.

These finance options are convenient because they only require a few items for you to start. They offer quick processing, so you don’t have to wait forever to get the money.

Here’s what sets them apart so you can choose what’s right for you:

• Title pawn: Depending on your car's value, you can qualify for up to $15,000 using this option. The car’s lien-free title will be collateral, so you can keep it after a quick physical inspection to assess its value.
• Payday loan: If you don’t want to provide collateral, you can choose this option to qualify for up to $500 in urgent cash.

Understanding these options will help you make the best decision for your circumstances if you ever need to borrow money.

Get Started Now With An Emergency Loan Today!

This guide has shown you 10 top new cars that are excellent at keeping their value. All are excellent vehicles, but remember that their value depends on how well you care for the one you have.

Remember to maintain your vehicle and solve its problems while it’s small. If you need help, contact Alabama Title Loans, Inc. to borrow money quickly and easily. Fill out the online form with your details; a representative will contact you soon!

 

Note: The content provided in this article is only for informational purposes, and you should contact your financial advisor about your specific financial situation.