Most people looking to buy a new vehicle are concerned only with the sticker price.  While this is an important number to consider, another number is just as important: the resale value.  During the initial five years of ownership, depreciation is the biggest expense that drivers will incur.

Most cars will only retain just over 30 percent of the original sticker price after five years.  For instance, if a vehicle sold for $20, 000 it would only be worth $7,000 five years later.

However, certain vehicles will hold onto their value much better than others.  A lot of a car’s resale value is determined by supply and demand, and also how the market is projected to be.  Also important is the quality of a vehicle.  Cars sell better if they were built well.

There are a few factors that new car shoppers should take into account in order to ensure that the value of their car holds as much as possible.  First of all, it is important to purchase a car with a popular exterior color.  These include white, black, gray and silver.  Secondly, a vehicle that has a classic, traditional style will have a higher resale value than something trendy.

When purchasing a new vehicle, stick with a well-built, classic car.  This will keep you from losing money in the long run.  Also, to hold onto your money, purchase new car warranties that will keep you from shelling out money for costly repairs.  An auto warranty is your best insurance.