When you reside in a country where petrol is cheaper than the water they drink, fuel efficiency is removed as a factor to be considered when buying a car. One is left with other factors such as resale value of cars, availability and prices of spare parts to be considered.
Although industry experts said that most Saudis do not consider a car’s potential resale value as a criterion when buying a new car, an expatriate or visitor with only a short time to spend in Saudi definitely have to consider how much of the initial price of a car they can get when it’s time to leave.
Used cars are not commonly purchased by Saudi natives which has an impact in the way of calculating car values. The best way to go is to check the market rate and get an idea of a car’s starting price before delving into negotiation with a potential vendor. It might also be of advantage to an expat who does not speak Arabic to get assistance from an Arabic speaker and go with a trust-worthy mechanic who can ensure that the car is in good condition.
With all the peculiarities of buying and selling a used car in Saudi Arabia, here are some of the cars with the best resale value this year.
1. Toyota Camry
The Japanese brand has been firmly rooted in the Kingdom by the virtue of being the first to establish themselves in the oil-rich country. Toyota cars generally have good resale values due to the availability of spare parts and the fair prices the spare parts cost. The 2019 model is equipped with a 2.5 liter 4 Cylinder engine with a 178 horsepower and 231 Nm of torque. It is also a preferred choice among locals and expats due to its classy outlook and impressive features. It is 4.80 meters in length, 1.82 meters in width and 1.47 meters in height. The big car bellies a top speed of 194 km/h and moves from 0-100 km/h in 9.7 seconds. It is available in six different versions and costs from SAR 87,465 to SAR 133,035. A used one can be gotten for SAR 79,500 making it retain a considerable percentage of its initial value.
2. Honda Accord
Toyota’s greatest Japanese rival, Honda provides a bevy of cars which are mostly more affordable than Toyota’s. The Honda Accord has the best value of all the flavors the brand has to offer. It comes with a 2.4-liter 4 Cylinder engine with 185 horsepower and 245 Nm of torque. It has a top speed of 208 km/h and goes from 0-100 km/h in 9.6 seconds. The exterior is identified by a mass of 4.89 meters length, 1.85 meters width and 1.47 meters height. The sedan has three different versions of its 2019 model and they range from SAR 96,900 to SAR 141,900. A used one can be gotten for SAR 85,000 after a full year of use. The car has one of the best resale value due to his affordability, as well as the availability of spare parts in reasonable prices.
3. Ford Explorer
Ford Explorer is the classic Arabian car; exquisite, luxurious and rugged, the car is highly coveted and manages to retain a good value after years of use. It is equipped with a 6 speed automatic transmission engine producing 290 horsepower and 346 Nm of torque, which makes it possible to attain 100 km/h in 9.0 seconds. It has a dimension of 5.01 meters in length, 2.29 meters in width and 1.76 meters in height, making it suitable for traipsing in the sand. A new one cost between SAR 150,000 to SAR 238,000 and can be resold for SAR 110,000 after a full year of use.
4. Mercedes-Benz S-Class
The German brand holds its own against rivals from Japan and America. Mercedes-Benz S-Class has a good resale value with its 3.0-liter V6 engine producing 333 horsepower and 480 Nm of torque. Bearing dimensions of 5.25 meters length, 1.90 meters width, and 1.50 meters height, it fits into the classic Arabian style and sells well when new as well as used. It has a top speed of 240 km/h and moves to 100 km/h in 5.3 seconds. The vehicle costs between SAR 672,000 to 11,029,000. The 2018 model still costs up to SAR 390,000.
5. Toyota Corolla
The love for Toyota does not end with the Camry. Other models including Corolla also retain considerable amount of their values after a few years of use. The sedan is manufactured with 1.6-liter SE Automatic engine spurning 132 horsepower and 128 Nm of torque. A used Corolla can still go for SAR 55,135 after one year of use and a used 2019 model can cost as much as SAR 65,000.
6. Ford Taurus
Although the American brands have not always been a favorite compared to their Japanese counterparts, Ford still manage to hold so much value that their cars can be resold after a minimum use to regain a substantial percentage of their initial values. Ford Taurus is made with a 3.5-liter V6 engine that makes 288 horsepower and 345 Nm of torque. It has a top speed of 200 km/h and moves from 0-100 km/h in 7.6 seconds with the aid of a 6 Speed transmission. The sedan is monstrous with 5.15 meters length, 2.18 meters width and 1.54 meters height. A new one costs from SAR 115,500 to SAR 163,000 and holds onto its value as a used one can be sold for SAR 85,000 after two years.
7. Lexus LS
Lexus LS is another Japanese car model that is favored both new and used. The 4.6-liter V8 engine produces 390 horsepower and 500 Nm of torque. With a top speed of 220 km/h, it goes from 0-100 km/h in 5.4 seconds. A new one costs from SAR 478,500 to SAR 774,000 and retains most of its value after years of use.
8. Toyota Land Cruiser
This model of Toyota is preferred for its performance as well as its designs. With dimensions of 5.09 meters in length, 1.98 meters in width, and 1.93 meters in height, the Land Cruiser is a car that is adequately suitable for the terrains of Saudi Arabia and also fairs well in the deserts. Even after using it for a couple of years, you can still get an attractive figure for it. A new one costs from SAR 183,500 to SAR 328,200 while a 2018 model still goes for SAR 298,000.
9. Hyundai Sonata
The Korean representative is a common sight on the streets of Riyadh, the capital city of Saudi Arabia. It provides serious competition for rivals with its 2.4 liter 4 Cylinder engine, capable of producing 175 horsepower and 228 Nm of torque. It bears a top speed of 205 km/h and laps 0-100 km/h in just 9.9 seconds. Its presence is undeniable with dimensions of 4.86 meters length, 1.86 width and 1.48 meters height. The 2019 model is in three different versions whose costs range from SAR 73,499 to SAR 117,000. It can be resold for up to SAR 91,000.
10. Toyota Hilux
The SUV by the dominant brand is a favorite in Saudi Arabia where there is a great love for trucks. It is highly valued due to its capability to cater for all needs; commercial and leisure. The truck is powered by a 2.7-liter 4 Cylinder engine armed with 164 horsepower and 245 Nm of torque. It is the dream SUV with 5.33 meters in length, 1.80 meters in width, and 1.70 meters in height. The size does not deter it from having a top speed of 170 km/h. There are seventeen versions of the 2019 model and the cost ranges from SAR 53,400 to SAR 126,500.