Which Holds Its Value Better: Accord or Camry?

[DelCooper]

Based on current market vehicle ownership statistics, the Accord has a slightly higher number on the road compared to the Camry, resulting in a marginally better resale value for the Accord, though the difference is minimal. Here are factors affecting a car's resale value: 1. Body color: Vehicles with popular colors like white and black tend to have higher resale values. Bright colors such as green or yellow typically depreciate faster. 2. Brand: Luxury brands with strong market presence like Audi and BMW generally maintain higher resale values, while lesser-known brands depreciate more. 3. Market ownership volume: There are two main types - models with exceptionally high ownership (e.g., Golf, Fit) that benefit from good sales and reputation, and those with very low ownership that depreciate faster.