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Car Buying Tips

Dec 1, 2008 - 9:18:34 PM
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Money-Saving Advice For Finding New Vehicles

Best Resale Value Vehicles

Money-Saving Advice For Finding New Vehicles With Minimal Depreciation Ahead

(NAPSI)-When searching for a new vehicle, car-shoppers often consider fuel-economy, exterior and interior features, and price. Shoppers should also consider something they won't find on any window sticker: resale value. Depreciation often is the greatest expense incurred by drivers during ownership, so knowing the vehicle brands and models with the best projected resale value can help new-car shoppers make a more informed purchase decision.

The leading provider of new- and used-vehicle information, Kelley Blue Book www.kbb.com, announced the all-new 2009 model-year vehicle winners of its annual Best Resale Value Awards, which recognize current and upcoming vehicles for their projected retained value five years from now (the average ownership period).

Vehicle shoppers should take several factors into consideration when buying a new car to ensure as much future value as possible. First, car-buyers should choose a popular exterior color such as silver or black. Then, car-buyers should choose optional equipment that is customary for the type of vehicle they are buying. Equipment and options that are popular with used-vehicle buyers include antilock brakes (ABS), alloy wheels, audio system with MP3/iPod compatibility, power-operated leather-covered seats, cruise control, remote locking and navigation system. Car-buyers should also recognize that the cost of some potentially expensive features like premium audio systems will be difficult to recover at trade-in or resale time.

"Especially in today's tough market and difficult economy, consumers really need to take a hard look at the projected resale value of a car when choosing their next new vehicle purchase," said Jack R. Nerad, executive editorial director and executive market analyst with Kelley Blue Book's kbb.com. "Choosing makes, models and options wisely now can help new-car shoppers keep additional money in their pocket down the road when they go to sell or trade in the vehicle used."

The 2009 Best Resale Value Awards list offers an array of vehicles to fit any lifestyle. For more information, visit www.kbb.com/BRVA09.


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