Top 10 cars with the best resale value

[andretti]

Top 10 cars with the best resale value

http://www.csmonitor.com/Business/20...post-promoLink

Resale Value, or perceived resale value has a huge influence on what vehicle many people choose to purchase, and what price they will pay.
A new car starts depreciating the minute it's driven off the lot. According to a 2008 Edmunds survey, the average vehicle loses a third of its value in two years. But these 10 models get high marks for retaining their worth, making Kelley Blue Book’s Top 10 list of 2013 models with the best resale value. Can you guess which auto came out on top?

Top 10 Totals by Mfgr.
BMW - 0
Chrysler/Jeep - 1
Ford/Lincoln - 0
GM - 0
Honda/Acura - 2
Hyundai/Kia - 0
Mercedes Benz - 0
Porche/Audi/VW -1
Toyota/Lexus/Scion - 6

[usa1]

Useless data. Using their methodology, a $10 shirt I buy at Walmart holds its value better than the same exact shirt sold at Macy's for $20 with a 50% coupon.

Comparing MSRP to residual value is only valid if everyone paid MSRP. Think 3 to 5 years ago and the amount of rebates certain makes (GM, Ford, etc.) were throwing on the hood to keep factories open. A much better and honest measurement would be to compare prices actually paid vs. residual value.

Sure GM, Ford, and others shoot them in the foot by setting their MSRP so high they need rebates, but they are much better than in the past. We are seeing the Japanese and European makes being much more aggressive with rebates than in the past.

[germeezy1]

Useless data. Using their methodology, a $10 shirt I buy at Walmart holds its value better than the same exact shirt sold at Macy's for $20 with a 50% coupon.

Comparing MSRP to residual value is only valid if everyone paid MSRP. Think 3 to 5 years ago and the amount of rebates certain makes (GM, Ford, etc.) were throwing on the hood to keep factories open. A much better and honest measurement would be to compare prices actually paid vs. residual value.

Sure GM, Ford, and others shoot them in the foot by setting their MSRP so high they need rebates, but they are much better than in the past. We are seeing the Japanese and European makes being much more aggressive with rebates than in the past.

Also this survey is beyond useless because it compares base MSRP to Kelly Blue Book GUIDE value. Kelly Blue Book is at best a guide, and in no way, shape, or form does it actually truly represent actual transaction prices or actual cash value.

[Neanderthal]

Isn't this a repost?
I recall seeing something similar a month or so ago. My comment then, and now (including agreeing with the above comments), is that assigning "good resale" to an entire car line vs. individual models is an exercise in futility. Not to mention inaccuracy.

[AMERICA 123]

Useless data. Using their methodology, a $10 shirt I buy at Walmart holds its value better than the same exact shirt sold at Macy's for $20 with a 50% coupon.

Comparing MSRP to residual value is only valid if everyone paid MSRP. Think 3 to 5 years ago and the amount of rebates certain makes (GM, Ford, etc.) were throwing on the hood to keep factories open. A much better and honest measurement would be to compare prices actually paid vs. residual value. -

Exactly.




Funny thing is.... when you actually try and account for real sales prices and therefore real depreciation, one of two things tend to happen at least a useable bit more often.

1. ) The heavily discounted @ purchase vehicle ends up cheaper.

2. ) They all tend to cluster around the same small range of numbers.

The other funny thing is - one heavy service bill, or medium small repair bill ends up being the decider anyway.

[scout62]

How is the current Camaro not on there?

[Canuck]

How is the current Camaro not on there?

The Camaro is made by GM and doesn't fit the 'journalist's' agenda.

[Jesda]

I'm in the car business. This list sounds right to me.

[AMERICA 123]

- and that's no surprise is it - given your brand favorites and preferences....


- seriously although nothing personal intended, you don't know much about the business you're in - or business in general, and two, your upward mobility prospects within are likely limited.


Lets start with one simple reality.

This will help you with life in general, btw.

Depreciation in this case is not a theoretical construct based on published MSRPs and resale numbers.

Rather, it is a real number calculated on using real and specific values to arrive at the difference between actual price paid and actual disposal value.


Since this Toyota advertorial source cannot access those kinds of numbers across the vehicle fleet spectrum, they like all others - by joyful necessity in many cases - present the fictitious as real ie that's all they have to work with since they don't have the data.

[Avalanche13]

Just using the methodology of compare MSRP to KBB value, my Avalanche's resale is better than most of the vehicles on that list.

[roy219]

Lets start with one simple reality.

This will help you with life in general, btw.

Depreciation in this case is not a theoretical construct based on published MSRPs and resale numbers.

Rather, it is a real number calculated on using real and specific values to arrive at the difference between actual price paid and actual disposal value.

Let's end with this simple reality: taking such "real and specific values" into account, depreciation costs for Toyota and Honda passenger cars and light trucks tend to be among the lowest, if not the lowest, in their respective classes.

Vehicle owners as well as those working in the automotive retailing and/or remarketing areas know this.

[ChevyRules]

How is the current Camaro not on there?

Or the G8. People have been getting close to if not more than what they paid when they bought it.....

[roy219]

I'm in the car business. This list sounds right to me.

Thanks for confirming, Jesda. My friend who works for ADESA in Indianapolis agrees as well.

[germeezy1]

Let's end with this simple reality: taking such "real and specific values" into account, depreciation costs for Toyota and Honda passenger cars and light trucks tend to be among the lowest, if not the lowest, in their respective classes.

Vehicle owners as well as those working in the automotive retailing and/or remarketing areas know this.

As someone who was actually responsible for appraising vehicle values I would suggest that the very premise of the article is wrong. Simply put anyone who can sell their way out of a wet paper bag in a hurricane knows that there is a huge difference between KBB GUIDE value, and true actual cash value.

This article is a fluff piece , and I stopped reading not long after it spoke of perceived resale value.

[andretti]

Resale value is the ultimate and final determinate of how good, reliable and desirable a vehicle is. Unfortunately resale values are GM's achilles heel. When vehicles start to depreciate even before being sold (high incentives) then everyone knows they will also lose value quickly after sold (depreciation). GM has got to get a handle on what makes vehicles hold their value in the market.

Because this article (though not anti GM) was not a glowing praise of GM with all 10 spots taken up by GM products, it brought out the GM "fanbois". Those that feel compelled to shill for GM will try to discredit anything that they see as not glorifying GM. You see that on this thread in droves.