3 car brands that are long-term investments

Buying any car is, of course, a big investment that for most of us, ranks second in this regard only to buying a house. For this reason, many people look for cars that are going to give them the best return for their investment. In doing so, they will need to take account of such factors as reliability, endurance, and longevity.

There are a number of car brands that can fall into this category – but below, we have detailed three marques that are renowned as particularly sound long-term investments.

What is considered a long-term investment?

Every car will need to be repaired and serviced in its lifetime. Even those that represent the best investments will need love and care in order to last a long time.

However, the measure of a long-term investment is how long you can keep the given car on the road without major intervention. If you are going to obtain car finance in Essex or wherever you need it, then you will want to know it will be worthwhile.

It is almost expected these days that most cars can reach 100,000 miles. However, the real long-term investments can easily sail past 200,000 miles and still be dependable.

1. Toyota

Toyota has been a popular car brand for generations. The ubiquitous Japanese marque has developed a reputation for being highly dependable while having a diverse range of vehicles.

Unlike the situation with some other manufacturers, Toyota’s remarkable reliability spans its entire range of models, which means no matter what model you buy, you can be sure it will keep going.

One of the most reliable of the bunch is the Toyota Land Cruiser range, which has over 16% of its cars going over 200,000 miles.

• Honda

One of the only manufacturers with a minivan as one of its longest-serving vehicles, Honda has a reputation for safety and durability.

The Honda Odyssey is still going strong for many owners, with 1.6% of them sold in 2019 now having over 200,000 miles on the odometer.

Together with reliability, Honda also has some of the safest cars on the road, which makes this marque a popular choice for many families looking to make a long-term investment.

• Volvo

Volvo has long been associated with dependable and reliable cars. The Swedish manufacturer has also been at the forefront of safety, making many innovative designs and features before its competitors.

Models such as the Volvo S90 have not only banished Volvo’s previous reputation for being boring aesthetically, but have also helped the brand retain its association with impeccable reliability.

Older cars have been seen with well over 200,000 miles on them, and there are still many of them around.

Other cars of note

The above are just three car brands that we would consider to be particularly strong long-term investments. There are other brands that also merit a mention, such as:  

• Nissan – this manufacturer has had a long reputation for reliability and safety. It also regularly wins awards for quality.
• Subaru – with many of its cars sold in the past 10 years still on the road, the Subaru range is known for its dependability and safety – this is a brand that has strongly proved its credentials in rallying, after all.  

Conclusion

If you are looking to make a long-term investment with your next car, then a vehicle from one of the above brands is likely to be a sound choice. Apply for car finance through our own team today, and you could get that car for a very agreeable price, too.