Cash for Salvage Cars: Five Cars That Hold Value Remarkably Well
If you are planning to get cash for salvage cars, you may not be expecting much money in return. However, some vehicles hold their value better than others, and could yield a higher price than you might expect. So, what automobiles hold their value better than the rest of the pack? Although the answer changes as new vehicles are released and old ones retired, below is a list of automobiles that currently hold their value particularly well as pre-owned vehicles.
Scion Tc
The Scion Tc retails for around $20,000, an attractive price for a vehicle with a large back seat that gets a combined 27 miles per gallon. After five years on the road, the Scion Tc retains 46.5% of its original value. If you have a scion Tc that is totaled, it will be worth less. However, selling a used but drivable Scion Tc to a junkyard that offers cash for salvage cars can net a nice return.
Honda Civic
It may come as no surprise that the civic holds value better than most cars; the Honda brand is synonymous with reliability. A new Civic retails for just over $18,000 and retains 46.9% of its value after five years of use. In addition to being valuable as used vehicles, Civics are sought after as junk vehicles. People drive them for a long time and often buy salvage parts to make repairs.
Lexus LX
The Lexus LX is the epitome of a luxury SUV, which explains its high-end retail price of just over $80,000. However, the car can be more than just a luxury splurge. When you're ready to buy a new SUV, you can sell the LX for a handsome price. The vehicle retains 47% of its value after five years on the road. For more people, getting $40,000 for a used car is an awesome deal.
Porsche Cayenne
When Porsche entered the SUV market with the Cayenne, some people thought the famous automaker was extending its brand a bit too far, but history has so far proved the skeptics wrong. For a Porsche product, the SUV is nicely priced at just above $46,000. Even more impressive is that the automobile retains 47.3% of its value after five years of exciting driving.
Conclusion
The vehicles above aren't the only ones that retain their value well. However, like all cars that retain a significant portion of their value, these automobiles have the propensity to yield a nice return when you sell them to a junkyard that offers cash for salvage cars and used vehicles that still operate. If you have an automobile that you would like to sell to a junkyard that pays cash for salvage cars, call a junkyard in your area today to learn about the elements of the transaction.
Scion Tc
The Scion Tc retails for around $20,000, an attractive price for a vehicle with a large back seat that gets a combined 27 miles per gallon. After five years on the road, the Scion Tc retains 46.5% of its original value. If you have a scion Tc that is totaled, it will be worth less. However, selling a used but drivable Scion Tc to a junkyard that offers cash for salvage cars can net a nice return.
Honda Civic
It may come as no surprise that the civic holds value better than most cars; the Honda brand is synonymous with reliability. A new Civic retails for just over $18,000 and retains 46.9% of its value after five years of use. In addition to being valuable as used vehicles, Civics are sought after as junk vehicles. People drive them for a long time and often buy salvage parts to make repairs.
Lexus LX
The Lexus LX is the epitome of a luxury SUV, which explains its high-end retail price of just over $80,000. However, the car can be more than just a luxury splurge. When you're ready to buy a new SUV, you can sell the LX for a handsome price. The vehicle retains 47% of its value after five years on the road. For more people, getting $40,000 for a used car is an awesome deal.
Porsche Cayenne
When Porsche entered the SUV market with the Cayenne, some people thought the famous automaker was extending its brand a bit too far, but history has so far proved the skeptics wrong. For a Porsche product, the SUV is nicely priced at just above $46,000. Even more impressive is that the automobile retains 47.3% of its value after five years of exciting driving.
Conclusion
The vehicles above aren't the only ones that retain their value well. However, like all cars that retain a significant portion of their value, these automobiles have the propensity to yield a nice return when you sell them to a junkyard that offers cash for salvage cars and used vehicles that still operate. If you have an automobile that you would like to sell to a junkyard that pays cash for salvage cars, call a junkyard in your area today to learn about the elements of the transaction.
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