The make, model and age of a car affect its price, but bear in mind that not all cars depreciate evenly. Some vehicles are cheap to purchase but expensive to repair and maintain. Used luxury vehicles depreciate quickly, but don’t be tempted by their low sticker prices. A foreign luxury car that’s just a few years old can quickly exceed its purchase price in repair fees and imported parts.
Things like factory certification can increase the value of a used car, particularly if you question the model’s reliability and want the protection of a factory warranty. Certified pre-owned (CPO) cars are more expensive but may come with added peace of mind.