Beyond car features and specs, what matters the most is the vehicle’s depreciation rate and resale value. If you are not aware of this aspect when choosing a car, we can help you understand it and how it affects your vehicle’s resale value.
The Depreciation Rate
Once you drive your car out of the showroom, it begins to lose value over time. As a result, it’s best to sell your vehicle after the five-year warranty period. Fortunately, some car brands maintain their value better than others. Those seeking the best value for their money should consider purchasing a car with a high resale value in the UAE.
Furthermore, factors such as vehicle condition, age, and brand reputation also play a significant role in the resale value of your car. It’s essential to consider these factors when making a purchase.
Considering this, let’s take a look at the cars that retain the highest resale value over time. This information will help you make an informed decision when buying a car in the UAE.
Nissan Patrol
On top of our list is the Nissan Patrol, a legendary SUV in the UAE. It is said to be a rival of the Toyota Land Cruiser. It is an exemplary SUV that offers a perfect blend of comfort and reliability and features impressive interior amenities.
With a powerful V8, 5.6L engine producing 400 horsepower, the Patrol is the heart of UAE residents, especially for off-roading enthusiasts. Being an extraordinary car, it retains a maximum value of 80% on average compared to other high-end vehicles, taking a top spot in high resale value.
Honda Accord
Owning a Japanese car, the Honda Accord in the UAE will recover around 70% of its value within the first three years of ownership. It is a popular midsize sedan that offers a comfortable ride at an affordable price of 60,000 AED. It is powered by a 1.5-liter, 4-cylinder engine that produces 192 horsepower.
Honda car spare parts are readily available in the UAE because of the brand’s immense popularity. The Accord is an efficient car with a modern and sleek design, good resale value, and low cost of ownership.
Toyota Camry
Toyota Camry is another Japanese car that is an excellent choice for daily commute. It retains a decent resale value with a five-year warranty or if its spare parts are still in good working condition. The Toyota Camry is widely used as a taxi in the UAE due to its optimal reliability and efficiency.
Moreover, it is powered by a robust 2.5-liter four-cylinder engine that delivers 17 km/l to 22 km/l fuel economy. Hence, it is a wise investment for those looking for a practical sedan in the UAE market.
Ford Edge
Ford Edge is a midsize crossover that retains almost 69% of its new car value after three years. It is one of the most popular cars in the UAE, offering durability and reliability. This crossover is powered by a decent 2.0-liter four-cylinder engine generating 250 hp.
Its naturally aspirated inline-4 engine is its unique selling point, delivering a dynamic driving experience. Additionally, it is a family-friendly vehicle offering a roomy interior and extra luggage space. Offered at around 60,000 AED, it is an excellent investment for a family looking for a dependable car.
Nissan Altima
A sleek and stylish sedan, the Altima comes with a cluster of modern interior and safety features. It fulfills all modern tech needs of individuals, such as pro pilot assist, ABS, a Pedestrian Detection system, and power steering. With a starting price of AED 30,000, you can find a good-conditioned Altima in the UAE.
It is powered by a 2.5-liter gasoline engine, delivering a good fuel economy of 17 km/l. It has also become one of the best cars to invest in, with 50% retained value after five years. So, if you are looking for a car packed with functionalities and also providing a good resale value, then a Nissan Altima will be the one to choose.
Land Cruiser
The Toyota Land Cruiser is the most popular SUV in the UAE, and a large margin buys it. It is widely regarded as the best SUV with rugged tires for dune bashing and exceptional performance. While it might have a high price tag, it also retains a high resale value because of its brand value and unmatched performance. It is robustly built with a V8 engine and rugged tires to drive on all kinds of terrain.
From rough mountainous terrain to dunes and highway drives, the Toyota Land Cruiser delivers maximum performance. Therefore, its resale value is also strong, offering 74% of the car’s value being the car experts’ number one choice.
