A car is not only an important purchase, but also a serious investment. It is important to look for a model that will retain its value over time. Value for money is the key.
Drivers pay attention primarily to cars that are not too expensive and do not require constant repair costs. Of course, fuel economy plays an important role. Experts told us which affordable models will be a reliable investment.
GOBankingRates talked to industry experts to find out which brands are best to choose in 2024. Toyota Toyota is consistently a leader in the ranking of affordable and reliable cars. These models are traditionally at the top of the bestseller list.
"In general, Toyota is always the best choice for buyers looking for affordable cars. Firstly, the manufacturer offers the widest range of affordable cars on the market, and some are even equipped with very economical hybrid powertrains. The second advantage is Toyota's consistent record of reliability across several generations of different models, which minimizes maintenance costs," said Evaldas Zabitis, automotive expert at CarVertical.
Jamie Mitry, sales and service manager at Cumberland Hill Auto, added that spare parts for these cars are first-class and maintenance is affordable. Brian Moody, executive editor at Kelley Blue Book, recommended the Toyota Corolla, a longtime favorite among budget-conscious buyers. It is a top choice due to its impressive fuel efficiency and reliable performance.
Ford For decades, Ford has been known a.