What year is best to buy a 2nd hand car?
How Age Affects Depreciation and Value. The sweet spot for used car buying is typically between 2-5 years old. During this period, cars have already undergone the sharpest depreciation (about 20-30% in the first year alone), making them significantly more affordable than a brand-new model. Cars are usually reliable for up to five years if they’ve been looked after. But a well-maintained 10-year-old car could be a better investment than a newer model that hasn’t been cared for as well. Budget is also a major factor. The older the model, the lower the cost.A car’s age matters as much as its mileage. Even a car with low mileage can have issues if it’s old. Over time, parts like rubber seals, belts, and electronics degrade, even if the car isn’t driven much. An older car may also lack modern safety features found in newer cars, which can affect its long-term usability.The “sweet spot” for purchasing a used car is between 2 to 5 years old. This is the age range where the car has already gone through the steepest part of its depreciation curve, but it’s still relatively new and in good condition.
What is the oldest second-hand car you should buy?
Cars are usually reliable for up to five years if they’ve been looked after. But a well-maintained 10-year-old car could be a better investment than a newer model that hasn’t been cared for as well. Budget is also a major factor. The older the model, the lower the cost. 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.Used cars are usually at their lowest prices from October through December, covering both late fall and early winter. This is a time when demand drops and dealerships aim to move vehicles off the lot.With all that extra stock, dealers often lower prices a bit to make space and shift older models. Cars with the “old” plate can also lose value more quickly, just because they feel less current. That’s why the best time to buy a used car is before these plate changes: so February and August are your sweet spots.
What is the most reliable car brand in Canada?
Consumer Reports places Subaru, Lexus, and Toyota among the top brands for overall reliability, particularly for hybrids and SUVs. Specific models like the Toyota RAV4, Corolla, and Camry repeatedly appear on Canada’s most reliable car lists for 2025. The most dependable models—such as those from Hyundai, Kia, Lexus, and Toyota—have received high reliability ratings in various categories. Notably, the Toyota Corolla Hybrid, Toyota RAV4 Hybrid, Hyundai Elantra Hybrid, and Lexus NX Hybrid rank among the most reliable vehicles in the 2025 Consumer Reports survey.Of 26 brands, Lexus and Toyota top the list with a commanding advantage over third-ranked Mazda. All three brands have consistently earned average or better reliability ratings over the years.Lexus ranks highest overall in vehicle dependability for a third consecutive year, with a score of 140 PP100. Among premium brands, Cadillac (169 PP100) ranks second and Porsche (186 PP100) ranks third. Buick ranks highest in the mass market segment, with a score of 143 PP100.
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.