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Factors Contributing to Value Retention

Several factors influence a car's ability to retain its value. Reliability is paramount; vehicles with a reputation for longevity and minimal maintenance issues naturally attract higher resale prices. Consumer demand also plays a critical role. Cars that are popular in the market tend to have better resale values because they are easier to sell. Additionally, fuel efficiency and low ownership costs can make a vehicle more attractive to future buyers, further enhancing its resale value.