Ranked

Ranked: These are the best vehicles to buy new (versus used)

The Model 3 depreciates little when it leaves the boutique lot.

Photo courtesy of Tesla

The latest survey from iSeeCars.com indicates that vehicles that are one year old cost 20.1 percent less on average than new models. Some models fare better, depreciating as little as 5.2 percent while others fare far worse losing 43.4 percent of their value after 365 days.

iSeeCars.com analyzed prices from over 6 million new and used cars sold from August 2019 to January 2020 to determine which cars were best to buy new and which were best to buy used. It identified the top ten cars that have the lowest price differences from their one-year-old used versions of the same vehicle and the cars with the greatest price differences.

No. 5 - Honda Fit

Photo courtesy of American Honda Motor Co., Inc

The small Honda Fit depreciates just $2,111 or 12.5 percent.

No. 4 - Honda Civic Hatchback

Photo courtesy of American Honda Motor Co., Inc

Honda's second car on the list is sold as a sedan and hatchback. The one-year old Civic hatchback model is priced just 11.9 percent less than a new one, discounted just $2,704.

No. 3 - Chevrolet Traverse

Photo courtesy of Chevrolet

Chevy's three-row crossover is discounted $4,198 when purchased with the wear and tear of a year-old vehicle. That's just an 11.7 percent discount.

No. 2 - Ford Ranger

Photo courtesy of Ford Motor Company

The Ford Ranger is in demand and its price decreases little when purchased. A one-year old model is $3,716 less than a new Ranger, 11.4 percent less.

No. 1 - Tesla Model 3

2020 Tesla Model 3

Photo courtesy of Tesla

The Model 3 depreciates half as quickly as the Ranger, with just a 5.5 percent difference in cost between a new model and a year-old one. That's just $2,529.

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Toyota is mobilizing, putting its money where its mouth is to help Texas affected by severe winter weather.

Photo courtesy of Toyota Motor Sales U.S.A. Inc.

Winter Storm Uri impacted nearly every single one of Texas's 254 counties. North Texas-based Toyota Motor North America (TMNA) has pledged $1 million in relief for those affected by the storm. The aid is slated to serve both Toyota and Lexus customers and a variety of Texas-based non-profit organizations.

Over 60 Texas counties were part of the Federal Emergency Management Agency's (FEMA) recent Texas Severe Winter Storms (DR-4586-TX). It is currently categorized as an active disaster.

"We take our role as community leaders seriously, so when winter storms affected millions right in our back yard, our top priority became helping Texas get back on its feet after this ordeal," said Sean Suggs, group vice president of Social Innovation, TMNA. "Texans have supported our company in myriad ways, and we want to help our neighbors emerge from this storm stronger than ever."

The $1 million relief effort includes:

North Texas/DFW Metroplex

  • United Way of Metropolitan Dallas, in support of North Texas Cares and West Dallas nonprofits to quickly distribute funds to grassroots organizations: $450,000
  • North Texas Food Bank: $100,000
  • The Family Place and Genesis Women's Shelter to fund hotel rooms, food, and transportation for their clients: $30,000
  • Toyota employees will be able to support the needs of four North Texas community partners significantly impacted by the storms by purchasing items from their Amazon Wish Lists.

San Antonio

  • SAWS Community Pipe Repair Fund, through the San Antonio Area Foundation to assist individuals and families stay in their homes safely with funds for plumbing repairs: $100,000
  • Let's Help SA Fund to provide food, water and shelter: $200,000

Houston

  • United Way of Greater Houston to support the Greater Houston 2021 Winter Storm Relief Fund that supports local home repairs: $50,000
  • Houston Food Bank: $50,000
  • CrowdSource Rescue to provide food, water and fuel: $20,000

Additionally, Toyota will match up to $10,000 in individual employee contributions to nonprofit organizations recovering from the storm.

Toyota and Lexus Financial Services customers who are looking for loan and lease payment relief, and were impacted by the storm, may be able to receive assistance under a new Toyota program that has a variety of options for clients.

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Vonlane typically runs luxury bus service to multiple high-priority locations in Texas and beyond.

Photo courtesy of Vonlane

Texas-based luxury bus company Vonlane is back on the road following the winter storm, offering limited routes to travelers among Houston, Dallas, and Austin.

"Upon conducting road tests around the state, we are confident that we can now deliver our normal exceptional travel experience," the Dallas-based company said in a February 19 email to customers.

A quick check of the schedule online shows it's possible to book one-way and roundtrip travel from the Houston Downtown Hyatt Regency to Dallas Doubletree at Love Field or the Austin Hyatt Regency, beginning Friday, February 19.

Rates are $105 each way.

Routes to and from Fort Worth, San Antonio, and Oklahoma City are not yet available.

Vonlane buses are operating with a number of COVID-19 protocols, including blocked seats for social distancing. Face masks and temperature checks are required.

Vonlane launched its high-end bus service in 2014 to cater to business travelers. Each bus, which holds fewer than two dozen passengers, features amenities like WiFi, satellite TV and radio, snack and drink service, and leather seats.

Reservations can be booked online, and may be canceled and fully refunded up to 24 hours before departure.


The original version of this story can be found on AutomotiveMap's sister site, CultureMap.

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