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Anonymous
Lv 6
Anonymous asked in Cars & TransportationBuying & Selling · 4 days ago

Learned today that some luxury vehicles like Volvo, BMW, etc, have terrible resale value, might as well buy a cheaper Toyota, right?

Updated 4 days ago:

Toyota has good resale value.

4 Answers

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  • AlCapone
    Lv 7
    4 days ago
    Favorite Answer

    Right, you are correct.

  • Anonymous
    Lv 7
    4 days ago

    BMW isn't that bad. It's Volvo that really has bad resale value. If there is a luxury vehicle that really appeals to you and you want to spend the money for the driving dynamics and features, you buy it if you have the extra money to run it. 

  • Pearl
    Lv 7
    4 days ago

    thats up to you what you want to buy

  • Anonymous
    4 days ago

    Most buyers of luxury cars do NOT worry about resale value or say fuel economy.  They lease and tack it on as a business expense.  And they get a new car every three years or so.  Think like the rich.

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