Cars are one of the common ways of showing-off wealth anywhere in the world, and part of the wealth of the Middle East countries gotten from oil, is justifiably spent on cars. Kuwait, as with most other countries in the region, has an infinite love and appreciation for cars which has led to the increasing use of cars in the country. While some cars serve as a means to show-off wealth without uttering a word, some simply serve as a necessity.
Throughout the year, several notable brands such as Toyota, Nissan, and Honda have been competing against one another as the most preferred car brand in the country. However, it does not end when they are new; some of these cars still retain enviable part of their initial value after usage for a number of years.
With the unflinching love of cars, it comes as no surprise that some people prefer to get acquainted with every new car(s) from their favorite brand the moment such car hits the market. In other to do this, they sometimes have to let go of the old model to acquire the new one which prompts them to seek out cars with good resale value. Across the world, and especially in the United Arab Emirates, Japanese brands such as Toyota, Nissan, Honda, Mitsubishi and others have been taking the lead in cars with the best resale value.
Hence, we shall be going through the top 10 cars with the best resale value in Kuwait in 2020.
1. Toyota Camry
Although, a lot of Japanese brands have found comfortable markets in Kuwait, Toyota monopolizes the market with its cars breaking records made by them. The surge in the use of the car can be attributed to the comfort it provides as well as the luxury it exudes. The Toyota Camry has a 2.5-litre four-cylinder engine with 203 horsepower and 184 lb-ft of torque. The top speed is 133 mph and it runs from 0-60 mph in 7 seconds. It is lauded as one of the best cars for daily commute as it retains 72% of its value after a year of use and holds on to 45% after five full years of use.
2. Nissan Patrol
One would have easily guessed this car would make the list. With a resale value of 88%, the Nissan Patrol is one of Kuwait’s favorite models generally, causing it to have huge resale value. Nissan is a huge rival to Toyota, providing luxury where Toyota does while also offering standard vehicles and trucks. The Patrol is a beloved model, selling out both the new versions and used ones in quick succession. It is engineered with a 4.0-litre V6 engine that gives 275 horsepower and 394 Nm of torque. The top speed is 155 mph while moving from 0-60 mph takes it 6.2 seconds.
3. Lexus IS
Lexus IS took the leading position in the list of favorite cars in Kuwait at some point in the year but didn’t spend much with the crown as it was swiftly dethroned by other competitors. With the reputation Lexus has been able to build over the years, the tenacity of the Lexus IS to remain on the list of cars with the best resale value comes as no surprise. The car is made with a 3.5 V6 RWD engine which produces 312 horsepower and 375 lb-ft of torque. The top speed is 229 kph and takes 5.8 seconds to move from 0-100 kph. With this, Lexus IS still retains 80% of its value after a year of use.
4. Toyota Land Cruiser
The Toyota Land Cruiser could as well land the top spot on this list if we were to go by how much of value a new one has. Toyota Land Cruiser landed a spot as the top car in the second quarter of 2019. A used one, however, is not as beloved as some of the other cars that have managed to snag the top position. In terms of performance, it comes with a 5.7-litre V8 engine which produces 381 horsepower and 401 lb-ft of torque. The Land Cruiser retains 74% of its value after one year of use.
5. Nissan Sentra
After the Toyota comes the Nissan, again. The two brands continue to battle for the attention of consumers in Kuwait as the mid-size sedan from Nissan boasts of a 71% value retention. The Sentra comes with a 1.8-litre inline-4 engine that generates 124 horsepower and 125 lb-ft of torque. It has a top speed of 120 mph with an acceleration of 0-60 mph in 10 seconds.
6. Honda Accord
Honda is another Japanese brand taking the world by storm. The cars from Honda provide an affordable alternative to their brethren from the same country. The Honda Accord might not top the list of best cars or most sold cars in Kuwait but, the ability of the cars to retain much of their values have made most people succumb to their allure with something very close to 85% resale value on its first full year of use. This allure comes in form of a 1.5-litre four-cylinder engine that produces 192 horsepower and 192 lb-ft of torque. The top speed is 155 mph and it moves from 0-60 mph in 6.7 seconds.
7. Ford Edge
The American brand might have been the car with the best resale value in its homeland but the narrative changes when it gets to Kuwait as it still manages to get a 4-star resale value rating. Ford manages to land a spot with the help of the monstrous Ford Edge with is fashioned with a turbocharged 2.0-litre four-cylinder engine which generates 250 horsepower and 280 lb-ft torque. The top speed is 130 mph and it accelerates from 0-60 mph in 5.2 seconds.
8. Nissan Altima
The Nissan Altima is sleek sedan with a 2.5-litre four-cylinder engine that gives 188 horsepower and 244 Nm of torque. The top speed is 220 kph and it moves from 0-60 kph in 8 seconds. The car has close to a 5-star resale value rating in the country which still makes it a force to reckon with on this list.
9. Nissan Sunny
The compact Nissan Sunny is beloved enough to retain 80% of its initial value after a year of use. The small sedan is made with a 1.5 I4 FWD engine that produces 99 horsepower and 134 Nm of torque. Nissan Sunny has a top speed of 110 mph and moves from 0-60 mph in 15.5 seconds.
10. Kia Sportage
Kia from South Korea is also of great value, most of which they retain even after years of use. The Kia Sportage comes with a 2.0-litre inline four-cylinder engine with 130 horsepower and 192 Nm of torque. The top speed is 113 mph and it runs from 0-60 mph in 11.1 seconds. Kia Sportage aptly retains 68.2% of its value after a full year of use.