TOP 25 CARS AND TRUCKS TO BUY (AND AVOID) IN 2024 IF YOU CARE ABOUT YOUR MONEY

EV Channels Review

This video provides a comprehensive analysis of vehicle depreciation, focusing on which cars hold their value best and worst heading into 2024. The reviewer highlights that trucks, particularly the Toyota Tacoma and Tundra, and hybrids, especially the Toyota Prius and Prius Prime, offer the strongest residual values. Conversely, Electric Vehicles (EVs) are identified as the segment with the highest depreciation due to rapidly evolving technology and cooling market demand, with the Tesla Model 3 performing slightly better than the segment average but still depreciating faster than most other vehicle types. Luxury brands like Maserati, BMW, and certain large SUVs from Cadillac and Lincoln are strongly advised to be leased rather than purchased due to significant value loss. The review emphasizes that while objective data is crucial, personal preference and emotional decisions also play a role in car buying.