The resale value for the 2015 Ford F-150 is expected to be even higher than the 2014 model. This comes despite the potential for higher repair costs for the aluminum body because of the the new truck's fuel savings.
"Residual value is important for automakers and consumers because it's a complete indicator of the vehicle's future value." – Larry Dominique
I can't tell you how many times I've been driving with friends or family in a decidedly nice Korean press car, only to have a passenger notice the logo on the steering wheel and exclaim, "Wait... this is a Kia?" For every time I roll my eyes at a story with a lede about how Hyundai "is really gaining momentum these days," I get equally annoyed when people comment on how Kia is finally starting to make decent cars. This is hardly news. The brand has been pumping out really solid stuff for a while
Is the US plug-in vehicle market going to be derailed by a vicious cycle of lower sales and their impact on residual vehicle values? That's one question that may be worth asking after ALG Inc. reduced residual values – the valuation of vehicles that are returned after leases end – for plug-ins and hybrids.
For car shoppers doing their math on lifecycle ownership costs, hybrid electric vehicles always present the challenge of being more expensive – maybe $5,000 more – than comparable non-hybrid models. High gasoline prices can help tip the scale in favor of gas-electrics, as do great loan and lease deals. Resale value is another factor in the equation, and several hybrid models, including a plug-in hybrid version, have been on the market long enough to show their long-term value.
Drive a new car off the lot and, boom, it's used and not worth nearly what you own on it. But to help buyers counter this to the best of their abilities, ALG has released its 14th annual list of best bets for retained value.
ALG reports both Ford and Hyundai have seen substantial jumps in their respective perceived quality, with the Blue Oval enjoying a 37 percent jump since 2008. Hyundai, meanwhile, has seen its figures increase by 25 percent over the same five years. For industry watchers, the news should offer no real shock. Both manufacturers have been on a new-product warpath, offering models laden with fresh design, efficient drivetrain options and plenty of technology while steadily increasing quality. The in
ALG has released its annual Resale Value Awards. For 2012, Subaru took home the home the honor of being the top mainstream brand, while Lexus nabbed the top luxury automaker designation. ALG says that once again, Japanese automakers have performed better than their American and European counterparts when it comes to resale. Of the 21 total ALG awards, 11 went to Japanese manufacturers, though Audi bucked that trend by being the single automaker to take home the most awards. Domestic manufacturer
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 perc