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Pickups Best at Holding Resale Value, Finds New Study

Luxury models see sharpest decline in residuals.

by on Jun.09, 2014

The Ram 1500 tops the study of used car values.

Smart shoppers have learned that the price you pay at the dealership is only one of the factors to consider when it comes to your long-term ownership costs.  You also have to factor in such detail as insurance, fuel consumption, maintenance and residual values.

The latter is the industry’s fancy way of referring to your trade-in. There can be a huge gap between what two different models are likely to get on the used market – something a new study by CarGurus.com aimed to sort out.

A Great Value!

It found that pickup trucks, traditionally designed with durability in mind, are best at holding their value. Chrysler’s Ram 1500 was at the top of the list, followed by the Nissan Titan. In fact, pickups accounted for six of the top 10 models on the residual value list, along with three sport-utility vehicles. At the other end of the spectrum, luxury models such as the BMW 3-Series and Mercedes-Benz E-Class were among the biggest trade-in value losers.

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New Studies List Honda, Toyota and Audi as Best Brands for Holding Resale Value

by on Nov.18, 2013

Toyota's FJ Cruiser led KBB's list.

While a pair of new studies don’t always agree on the fine points, they do find that Honda and Toyota are generally the best brands for holding their resale values after several years in service.

Import brands, on the whole, dominated the two studies by ALG – formerly known as the Automotive Lease Guide – and KelleyBlueBook.com.

Resale values are a significant factor that many motorists have learned to take into consideration when shopping for a new vehicle because, in some cases, that can make a more expensive price tag up front prove to be a bargain, longer-term, when it comes time to trade in.

Always Valuable!

“Toyota, Audi and Honda captured the most segment honors due to the consistent high value of all their products,” said Larry Dominique, President of ALG. “Honda was named top Mainstream Brand due to their prudent use of (sales) incentives – $1,000 lower than the mainstream average – and low rental fleet penetration.”

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Subaru, Lexus Tops at Retaining Residual Value

Japanese lead the pack though Audi also comes on strong.

by on Nov.16, 2011

The 2012 Subaru Legacy tops the list among midsize models when it comes to anticipated residual value.

Japanese brands, though facing increased competition, continue to be best at holding onto their residual – or trade-in – values, according to a new study, with Subaru topping the list among mainstream manufacturers while Lexus led the line among luxury brands.

Japanese makers topped 10 of the 19 individual vehicle segments in the 13th Annual Residual Value Awards presented by ALG, long known as the Automotive Leasing Guide.  But Audi, which took the lead in three categories, had more individual segment wins than any other manufacturer.

In the Know!

The study is significant in that it suggests which automotive marques will do the best job of maintaining value when it’s time to trade in or to return a leased vehicle.

“Residual value is a great indicator of brand strength which in turn contributes to greater sales and profitability,” said Raj Sundaram for ALG. “We have seen a strong focus this year on producing high-quality products with great pricing and packaging delivering real value for vehicle buyers.”

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