According to a new study by Automotive Lease Guide, fuel prices play a huge role in how much your vehicle depreciates over time.No surprise there, but the specifics of the study are a little jarring all the same. USA Today reports that the study found that when gas costs increase by a single dollar, less efficient, large SUVs see their value stumble by a whopping 13 percent. On the other hand, that same rise in fuel prices will cause the value of more fuel efficient models to increase by 10 percent. Of course, as the report notes, those figures only hold true for vehicles on the polar ends of the fuel economy scale.

For full-size sedans and compact SUVs, fuel prices have effectively no impact on resale value whatsoever. ALG says it expects fuel prices to remain close to $3.65 per gallon throughout the remainder of this year. By 2016, however, the price may increase to $4.06 by 2016, just before more stringent fuel economy standards kick in for the first time. Head over to USA Today for a full look at how ALG says fuel prices impact vehicle resale values.


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  • 38 Comments
      Mike K
      • 3 Years Ago
      This really isn't news. I got over $4,000 off the used SUV I purchased back in 2008 when gas was over $4.00/gal.
      rex
      • 3 Years Ago
      Coming Soon!! Autoblog reports Sun rises in the East!!
      • 3 Years Ago
      [blocked]
      soundbargaming
      • 3 Years Ago
      Wait...people still buy those oversized pieces of crap?
        Mike K
        • 3 Years Ago
        @soundbargaming
        I'm sorry, but can your car tow 7000+ lbs, Fit a full sheet of plywood, drive through 18" of snow, and fit luggage and ski equipment for a family of 5?? Oh, and that's just the 2 MID-Size SUVs we have.
          emperor koku
          • 3 Years Ago
          @Mike K
          Gross. Do you like, own a log cabin in northern Canada or something? Geesh.
          Mike K
          • 3 Years Ago
          @Mike K
          Koku, I live in a suburban neighborhood in the Northeast USA. I travel to the mountains of PA and NY where my family owns property, I also tow a boat during the summer, as well as haul furniture and stuff when my brothers moves back and forth from college. We also get a good helping of snow during the winters.
          Bruce Lee
          • 3 Years Ago
          @Mike K
          And you do those things everyday? Sure, some small portion of people actually need those capabilities but most people can just rent when they need. I rented a silverado for 30 bucks a day when I needed a truck. Beats spending 100 bucks a week more on gas every week.
          Basil Exposition
          • 3 Years Ago
          @Mike K
          koku, it must be sad to live a life where your only use for a vehicle is commuting. Believe it or not, you don't need to live in northern Canada to do the kinds of things that require an SUV. Lots of families that lead full, active lives do this stuff all over the country and the world, and I sure don't see anything gross about that...
          cashsixeight
          • 3 Years Ago
          @Mike K
          Actually my 95 Audi S6 wagon does most of those. I tow my 400hp V8 jetboat with it, it hauls plywood, and fits luggage and ski equipment when I go out west. Oh, and it has 300hp, quattro, a 5spd manual, factory recaros, and is fun to drive. SUVs are ghey.
        Krishan Mistry
        • 3 Years Ago
        @soundbargaming
        How else will you tow your Nissan Leaf when you run out of electrons at 20 miles instead of 100 because you had the heater on in the winter? Yes I despise SUVs being driven where a wagon, crossover, minivan, or sedan would have sufficed, but if you really need a workhorse or a mountain goat (hauling $#!T and getting lost in a forest, usually), a pony will not suffice, neither will a pint sized dog in your man purse.
          Redline
          • 3 Years Ago
          @Krishan Mistry
          This. I know doctors that have F350's just because they want a big truck to look cool. If you need it then great, way too many people just want to have big SUV's because they have small pricks.
          seanleeforever
          • 3 Years Ago
          @Krishan Mistry
          technically speaking, you will never run out of 'electrons'
      RJC
      • 3 Years Ago
      No kidding. Remember the last gas price spike? Have we all forgotten the Autoblog stories from just a few years ago about dealers not wanting to take suvs in on trade? And having back lots full of them? How many times must this happen before people learn the lesson?
      Justin Wilkinson
      • 3 Years Ago
      This all makes sense for sure... I wish people would actually be honest with themselves when it comes to trying to sell their cars privately. There are too many people out there that think their gas guzzling SUV's are worth way more than what they actually are. For example, I was driving home yesterday and saw a 2004 Suburban with for sale written on the rear windows. It had 114,000k on it... And they wanted $16,000! Ridiculous!
      shelftickle
      • 3 Years Ago
      Although the article says the compact SUV and large sedan value is relatively unaffected, I'd argue that buyers (American buyers, at least) are already sacrificing utility for smaller, more efficient vehicles. I'm happy to say American automakers are well on their way to becoming a force in small car segment. We're all rootin for you guys, please make some bombproof cars!
      Dan
      • 3 Years Ago
      Yes, my FJ Cruiser gets terrible gas mileage, but after we got 3 feet of snow over night, I was still able to make it to my classes. And not surprisingly, the only vehicles that managed to get to school that day were all 4wd pickups and SUVS. I would rather pay more for gasoline with the knowledge that I can go practically anywhere at any time, than own a small fuel-sipper that can only be used 3 to 6 months of the year.
        cashsixeight
        • 3 Years Ago
        @Dan
        BS. SUVs have really high center of gravity, which makes them handle like crap in the snow. Also, the increased mass makes htem hard to stop, and change directions. With all seasons, they are terrible in the snow. I'd pass literally hundreds on my way to the ski hill (I was a ski instructor) in my low slung, AWD subaru SVX.
        Anthony Thomas
        • 3 Years Ago
        @Dan
        Please, terrible excuse, Subaru AWD would have gotten you through the snow. You just wanted a macho FJ Cruiser. That's fine, its not even that great of a off-road vehicle, its just okay, Jeep whoops its arse.
      REMUSRM
      • 3 Years Ago
      this is funny... you guys put all the conditions that you might need an suv, hmm... is the 365 days a year? I cross the rockies with a 2010 corolla auto and was fine with michellin harmony tires. buying bigger since you prepare for the worst not being a good drive is your problem. I also drove a mazda2 all over europe in 2009 winter and was fine.
      • 3 Years Ago
      [blocked]
      founerra
      • 3 Years Ago
      My CR-X does 50 mpg average, my Elantra around 45 mpg, and my F-150 does 20 mpg, so my total average is 38.3 mpg, greener than a Civic! :)
        StackedVinyl
        • 3 Years Ago
        @founerra
        That made me laugh, thanks. I love these mystical numbers, have you by chance stripped out seats & replaced the engines? Even a Bugatti Veyron can get 100mpg if towed :-P
      johny.mac
      • 3 Years Ago
      Last winter I drove my Prius through a lot of snow storms and all of the vehicles stuck in the snow banks were 4 wheel drive trucks and SUVs. All of the high millage cars that are not hybrid lack the storage capacity of the Prius. $5 a gallon gas anyone?
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