What’s the best age to buy a used car?
For most buyers, the sweet spot for a used car tends to be around three to five years old and here’s why: Depreciation Slows Down – The biggest drop in value has has already happened, meaning your car’s likely to hold its price while you own it. Depreciation. Due to the faster depreciation rate of luxury cars, buying a used Mercedes can be more attractive than you think. The value of a Mercedes will see the biggest hit within the first 5 years of its life, this makes the initial purchase price less of a concern if you are looking at a vehicle 5+ years old.Luxury cars tend to depreciate faster, with some models losing around 50% of their original value in the first 3 years. Regular cars, on the other hand, lose around 30%-35% in the first three years.
What is the #1 selling car in Canada?
The Ford F-150 No surprise here. The Ford F-150 is not only the best-selling truck in Canada but also the most sold car in Canada overall. For a jaw-dropping 59 consecutive years, it has been the nation’s top-selling pickup. Ford F-Series. Whether it’s a bare-bones work truck, a near-luxury pickup with leather, gadgets, and tons of chrome, or virtually anything in between, the F-150 lineup has it covered. Offering a version for virtually any truck buyer, it’s no wonder the Ford F-150 is the best-selling vehicle in the U. S.