>? 25 cars and trucks with the highest resale values ?<
#1
>? 25 cars and trucks with the highest resale values ?<
25 cars and trucks with the highest resale values
By Jim Gorzelany 5 hours ago
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https://autos.yahoo.com/news/25-cars...010524534.html
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We’ve long preached the gospel of maximizing the value of one’s automotive investment by choosing a vehicle that inherently delivers the lowest long-term ownership costs, including fuel economy, insurance premiums, maintenance and repair costs and depreciation. The latter is an often overlooked, but especially significant factor, with even modest differences in many cases making a big impact at trade-in time.
According to Kelley Blue Book, the typical new vehicle tends to retain just 39.7 percent of its original value after five years, which means an average car that sells for $50,000 today would be worth around $19,850 at the end of 2019. By comparison, an otherwise comparable model that’s expected to retain an additional five percent of its original value after 60 months will put an extra $1,600 back into an owner’s pocket.
While a given model’s actual selling price on the used-car market will ultimately vary depending on its mechanical and cosmetic condition and the number of miles on the odometer, some cars and trucks are predicted to hold their value more tenaciously than others. Prognostications regarding a given model’s residual value are based on assorted economic factors, historical data including used-vehicle auction values and supply and demand projections. For example, slow-selling cars that are typically offered subject to hefty cash rebates usually suffer steeper declines in residual values than do vehicles that sell quickly and for closer to their sticker prices.
Generally, the more expensive the vehicle, the more important differences in depreciation become over time, simply because there’s more cash at stake. A $30,000 car that drops 40 percent of its original worth after three years loses $12,000 at trade-in time, while a vehicle priced at $100,000 with the same rate of depreciation will suffer a $40,000 hit in residual value after 36 months. (On the other hand, differences in resale values tend to narrow the longer one keeps a vehicle, and can become negligible among those who literally “run a car into the ground.”)
To help consumers find the best long-term values, the analytics experts at ALG in Santa Barbara, Calif. recently issued their 15th annual Residual Value Awards (listed below), that identify cars, trucks and SUVs in 26 different model segments that are predicted to depreciate the least over time. “Residual value is important for automakers and consumers because it’s a complete indicator of the vehicle’s future value, accounting for quality, durability and brand desirability among other factors,” says ALG president Larry Dominique. “The award recipients demonstrate strong forecasted returns on investments for their owners.”
Click for gallery: 25 cars and trucks with the highest resale values
[Related story: 15 New Cars To Avoid]
By Jim Gorzelany 5 hours ago
. View gallery
Click for gallery: 25 cars and trucks with the highest resale values
https://autos.yahoo.com/news/25-cars...010524534.html
MORE AT FORBES
- » 15 New Cars To Avoid
- » 20 Cars With The Best Fuel Economyy
- » 18 Hottest New Cars And Trucks For 2015 \
We’ve long preached the gospel of maximizing the value of one’s automotive investment by choosing a vehicle that inherently delivers the lowest long-term ownership costs, including fuel economy, insurance premiums, maintenance and repair costs and depreciation. The latter is an often overlooked, but especially significant factor, with even modest differences in many cases making a big impact at trade-in time.
According to Kelley Blue Book, the typical new vehicle tends to retain just 39.7 percent of its original value after five years, which means an average car that sells for $50,000 today would be worth around $19,850 at the end of 2019. By comparison, an otherwise comparable model that’s expected to retain an additional five percent of its original value after 60 months will put an extra $1,600 back into an owner’s pocket.
While a given model’s actual selling price on the used-car market will ultimately vary depending on its mechanical and cosmetic condition and the number of miles on the odometer, some cars and trucks are predicted to hold their value more tenaciously than others. Prognostications regarding a given model’s residual value are based on assorted economic factors, historical data including used-vehicle auction values and supply and demand projections. For example, slow-selling cars that are typically offered subject to hefty cash rebates usually suffer steeper declines in residual values than do vehicles that sell quickly and for closer to their sticker prices.
Generally, the more expensive the vehicle, the more important differences in depreciation become over time, simply because there’s more cash at stake. A $30,000 car that drops 40 percent of its original worth after three years loses $12,000 at trade-in time, while a vehicle priced at $100,000 with the same rate of depreciation will suffer a $40,000 hit in residual value after 36 months. (On the other hand, differences in resale values tend to narrow the longer one keeps a vehicle, and can become negligible among those who literally “run a car into the ground.”)
To help consumers find the best long-term values, the analytics experts at ALG in Santa Barbara, Calif. recently issued their 15th annual Residual Value Awards (listed below), that identify cars, trucks and SUVs in 26 different model segments that are predicted to depreciate the least over time. “Residual value is important for automakers and consumers because it’s a complete indicator of the vehicle’s future value, accounting for quality, durability and brand desirability among other factors,” says ALG president Larry Dominique. “The award recipients demonstrate strong forecasted returns on investments for their owners.”
Click for gallery: 25 cars and trucks with the highest resale values
[Related story: 15 New Cars To Avoid]
Last edited by Space; 12-05-2014 at 01:05 AM.
#3
It's in your driveway (lol)
`Zach, I was surprised at the vehicles that they selected. I think they have been smoking something
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