The average resale value of General Motors vehicles climbed to 44 percent last year, matching that of Chrysler and sitting one percent less than Ford, but still 7.5 percent less than Honda. It's a welcome increase from the post-bankruptcy days of 2009 when 36.5 percent was number upon which lease rates were based. According to Bloomberg, even though that puts GM in line with the overall market rate of 46.5 percent, the company figures it can save from $150 million to $200 million if it can increase its vehicles' end-of-lease value because it won't have to put so much cash on the table to entice lessees.

It won't be a quick fix, GM's North American CFO saying "The key will be great products and pricing and incentive discipline," as well as limiting how many vehicles get sold into rental fleets. It also wants the hot-off-the-line 2014 Chevrolet Impala to be part of the charge, planning to invert its sales chart so that 70 percent of deliveries go to retail customers instead of 30 percent.


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  • 36 Comments
      Master Austin
      • 1 Year Ago
      They have designed some much better models, but I've heard this rhetoric before, it's like peer pressure. It will be very hard for them to do when they see others doing it and are trying to clear their products. Just look at all the "top sellers' to rental fleets and GM and Hyundai are on the top on each segment. It's a very hard habit to break.
        l9t8z
        • 1 Year Ago
        @Master Austin
        Im in and out of rental agencies pretty frequently, and over the past couple years I think trends have shifted. Actually the most prevalent cars I see being used for midsize or large outside of the current Impala are not GM or even american. Its the Camry and Altima.
          icemilkcoffee
          • 1 Year Ago
          @l9t8z
          which rental company do you use? There is a big difference between high end companies like Hertz, and bottom feeders like Enterprise or National. I notice quite a few Nissans and Mazdas for the latter. So it\'s not just domestic cars as is commonly believed.
      express2day
      • 1 Year Ago
      Perhaps if GM brought back old names like Biscayne or Bel Air for fleet use ONLY, it could protect the "Impala" brand and therefore resale values a bit more on the retail side. They could also use mostly last generation models (like they're doing with the Impala Limited) for fleet use too which would protect resales of current gen models.
      jtav2002
      • 1 Year Ago
      Resale can't be any worse than this outgoing Impala. I leased a 2007 SS several years ago. Sticker price on that car was $32k and after 2 years it was worth $15.5k.
        Jay-Zeus
        • 1 Year Ago
        @jtav2002
        That's good news for someone looking for a used car. Too bad the SS and its GXP cousin had a glass transmission... way too many failures.
          Jerry
          • 1 Year Ago
          @Jay-Zeus
          They kind of mates too much engine to that trans... It will last a really long time with a 3400 or 3800.
      GasMan
      • 1 Year Ago
      Wow, you know your resale is bad if you have to improve to match Chrysler!
      • 1 Year Ago
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      nsxrules
      • 1 Year Ago
      Bravo GM. Glad to see they have finally realized that spending a little more to make their cars better DOES pay off in the end. I am not a GM fan but a lot of their newer products, including the Impala in the pics and the new CTS, are much better than the cars they replace.
      M-M
      • 1 Year Ago
      Why does GM have such a hard time designing steering wheels?
        Jay-Zeus
        • 1 Year Ago
        @M-M
        The best steering wheels they got from Opel and Holden. The Cruze has a really good wheel and I don't understand how they could botch this one.
          Jerry
          • 1 Year Ago
          @Jay-Zeus
          Who made the 3 spoke one in the old Malibu and Cobalt? It had a good feel and looked inoffensive .
      • 1 Year Ago
      [blocked]
        • 1 Year Ago
        [blocked]
      mbukukanyau
      • 1 Year Ago
      Everyone and their mother always thinks they can run GM better than GM executives. Comparing Honda which is like a small division of GM to GM is not exactly a apples to apples comparison.
        Jerry
        • 1 Year Ago
        @mbukukanyau
        Dude, Dan Akerson = 2013 Malibu. Enough said...
      whofan
      • 1 Year Ago
      I love the looks of this car. Finally a car that deserves to wear the Impala name.
      Scott Cole
      • 1 Year Ago
      Geez I see the front is last gen Camryesque, the side profile reminds me of the new Fusions, and the tail light.....look like Chevys version of the Hyundai Sonata's tail lamps....but then again mazda did the same thing with the 6es tail lights. at least the redesigned Ford Taurus (before the hyundaiesque grill) aside from the profile being like the Chrysler 300 was original.
      Jmaister
      • 1 Year Ago
      right, boosted resale value. Still not getting a GM.. 'less Camaro
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