When buyers are in the market for a new car, choosing a brand can be one of the most important considerations. Once a driver has secured a car loan, they want to be sure that their purchase will be reliable for years to come.
Kelley Blue Book, which provides values for used vehicles, recently released the results of a survey that detailed the car brands that many drivers gravitate towards. The company asked potential car buyers about which brands they were considering.
According to the results, Ford is the most considered car brand, with 29 percent of buyers considering the blue oval. Next up were Toyota, Honda and Chevy, with 22, 21 and 20 percent of buyers with the brands on their shopping lists respectively.
Perhaps the biggest surprise in the survey was South Korean automaker Hyundai, whose economic Kia and titular brands have sold well amid the downturn. Hyundai jumped past bigger rivals like Nissan and Chrylser to claim fifth place with 13 percent.
Knowing what other vehicles drivers are looking at and what types of vehicles are on the rise can be beneficial for car loan recipients who are deciding on a new vehicle.