Originally Posted By: bubbatime
You get more bang for your buck, and likely a newer, better condition car by buying cars that have low residual retained value. A used Honda or Toyota holds its value more than a Chevy, Chrysler, Ford, Kia, so dollar for dollar, you can get a much newer, better condition car by buying this way.
Case in point, my Chrysler was a top of the line, $45k model when new. Used, with 25K miles, it was $12500. A similar condition Toyota or Honda minivan would have been twice that. Its been a great car. Yes, I know its a Chrysler, but I paid much less for a much better optioned, and better condition, and newer car, for the same money, then had I gone with Toyota or Honda.
This was my point. Much better buys on used cars can be found in things other than Hondas, Toys and Subarus.
This also holds true for new vehicles. A bottom basement deal on a '17 Accord might be around 20K while the same in a Fusion would be closer to 16K. Is the Accord a better car? Could be but maybe not 4K better.
If buyers would open their minds a bit they'd discover a world of better buys than a used Honda or Toyota.