KBB Top 10 Used Cars

Due to the recent years of economic turbulence, more and more individuals are choosing to purchase a pre-owned car rather than a new one.

In light of this, TheStreet, a leading digital financial media company since 1996, recently asked the folks at Kelley Blue Book to see what decade-old models should factor into car buyers' decision-making this year.  Kelly Blue Book responded with a list of the top 10 used vehicles worth considering before buying new. 

The list focuses on model year 2003 used vehicles with a Kelley Blue Book Private Party Value of less than $10,000. The vehicles listed are assumed to be in good condition with approximately 118,000 miles, as per Kelley Blue Book's mileage depreciation schedules. The list was further reduced by focusing only on those vehicles KBB expects to require minimal maintenance based on their proven reputation for reliability.

In total, three Toyota vehicles, the Tacoma, Corolla, and Rav4, made the KBB top 10 list.  The Tacoma and Corolla finished #1 and #2, respectively.

Rating in at #4, the Toyota Rav4 scored very well thanks, in part, to the fact that this compact SUV was "packed with the features several families now take for granted."  This along with plenty of cargo room and great fuel economy help the 2003 Rav4 boast a retained value of 35.4% of its original MSRP.  

Completely redesigned in 2003, the Corolla became larger (trunk space at nearly 14 cubic feet), more powerful (130-hp 1.8-liter four-cylinder engine), and yet remained highly fuel-efficient (32-miles-per-gallon combined fuel efficiency).  In short, the Corolla "offers extraordinary value for its relatively scant asking price.  With an original MSRP of just over $14,000 the retained value of the 2003 Toyota Corolla is 39.5%.

The #1 ranking is nothing new for the Toyota Tacoma as it has taken Kelley Blue Book's best resale value awarded 10 times.  The Tacoma delivers superb durability to those who don't feel they need all the size and strength of larger trucks.  Even more impressive than receiving this award 10 times, is that the 2003 Tacoma has a retained value of nearly 44% of its original MSRP after a full decade.


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