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Tag Archives: residual values
Lease Vehicles at Record High in First Half of 2016
More new vehicles were leased in the first half of 2016 than during the first half of any other year in U.S. history. Continue reading
Stronger New Vehicle Sales to Weaken Used Prices?
The continued recovery of new US vehicle sales might result in some price cuts in used rides for the first time since 2008 when the Bush Administration’s Great Recession took hold. The economy is still hurting and the US labor force participation rate and long term unemployment are disgraceful, no matter what the ‘no jobs’ Obama Administration claims. Continue reading
Posted in aftermarket, news analysis
Tagged alg, autoinformed, autoinformed.com, Ken Zino, Larry Dominique, residual values, used vehicle prices
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Resale Value of Smaller Vehicles Goes Up with Gas Prices
As fuel prices rise so does the trade-in value of smaller vehicles. Most of this is common sense, but it is backed by historical data. The consultancy ALG has modeled the effect of a 1$ per gallon change in regular gas price on 36-month resale/residual values. Continue reading
Hyundai Adds Guaranteed Trade-In Value to Assurance Plan
This latest marketing push is made possible by newly found strength in Hyundai residual values, now among the highest in the auto industry, as Hyundai newest generation of vehicles have increased in sophistication and quality compared to previous models. Continue reading
Japan Earthquake Aftershocks – U.S. Car Prices Could Rise 9%
None of this is good news for beleaguered consumers who are now facing the highest gasoline prices in almost three years, as automakers such as Ford quietly raise prices because of increased commodity and energy costs. Continue reading
