Why Used Honda and Toyota Vehicles Hold the Best Resale Value
Are you shopping for a new or used car, truck or SUV? If so, you may be concerned about: buying a vehicle that will outlast the duration of auto loan payments; is dependable; or maybe you are simply looking for the most economical car at the best price.
With an unpredictable economy, many Americans are searching for ways to cut costs and get the most for their money. In the 1970’s, it wasn’t uncommon for families to have only one American made car, which was usually very large. With the way the current job market in the United States has been portraying itself and other economic setbacks, one car families may become more common again in the near future.
Since Japan began manufacturing and selling cars in America, many things have changed. First of all, our country has taken a huge hit in the automotive manufacturing business. In addition to American consumers purchasing mostly products made in China from discount stores like Wal-Mart, they have also become partial to buying Japanese made vehicles, such as Toyota and Honda.
Why have the American people become so smitten by Japanese vehicles? The most obvious reason is Toyota and Honda's track records forconsistently producing reliable vehicles, which generally outlast the financed payments. It is not uncommon for a Toyota or Honda car or truck to continue running with limited repairs and maintenance for more than 200,000 miles. Toyota pickup trucks and SUVs have received a reputation as being extremely reliable and some of the most valuable used SUVs and trucks to buy.
Japanese cars and trucks are more expensive, but the cost is not that much more than an American made vehicle. When your used Toyota or Hondavehicle outlasts an American made car, truck or SUV, the initial higher cost not only levels itself out over time, but the owner of a Toyota or Honda will also save money because you will not be spending as much on maintenance. Used Hondas and Toyotas require far less trips to the auto shop than used American vehicles.
Why do used Japanese trucks and cars perform so much better than Ford, Chevrolet and Chrysler? Obviously, it stems from each product's engineering system, which clearly begins with the manufacturer and the engineering teams responsible for building the vehicles and tasks such as purchasing parts and building effective relationships with suppliers also play a key role instead of trying to get the cheapest parts for building vehicles.
Toyota and Honda have been known to negotiate effectively with suppliers to get the highest quality parts at the best price. Therefore, these manufacturers tend to build a better product. In other words, it's better to pay a little more to build a high quality vehicle with high quality parts than to try to cut corners. The end result is providing a better vehicle with the ability to run for over 200,000 miles with more satisfied customers. This is why Toyota and Honda have an excellent reputation as two of the world's most reliable vehicle manufacturers and best used cars and trucks.
If you have a used Honda or Toyota for sale and want to sell it quickly, submit a Sell My Car quote or simply call us by phone at 800-640-3236. Mills Motors buys used Toyotas, Hondas and any other type of vehicle throughout the United States. We also buy wrecked vehicles and offer free towing for our customers. It's fast and easy.