https://www.iseecars.com/cars-low-high-depreciation-2018-study
edited to change “residual” to resale value
https://www.iseecars.com/cars-low-high-depreciation-2018-study
edited to change “residual” to resale value
LOL you have to love Chevy’s optimism with the residuals they set on the Volt vs reality.
That link is more about resale value vs residuals. Even still, an abnormally high residual or low money factor (or both) can make a lease defy the logic of that article.
I somewhat cheap sold my 2017 Volt 16 months into a 36 month lease (a couple of months ago) and walked away with $600 positive equity. Ironically, a new 2018 like mine could have been bought or leased for my payoff. Who would want a 1 year old Volt with 16,000 miles on it for the same price as a good deal on a new one? The reality is the used car market for Volts is way too high right now.
TAcomas have some of the most rediculously high residuals ever. And they’re not fabricated. A 2015 Tacoma that was 40k msrp is still worth like 32k used. It’s insane. That’s why I’m able to get get a 38k Tacoma sport for $260/mo sign and drive!
Don’t Mazda’s have great residuals?
damn i miss when the F10 5-series had a 10/36 67% residual
THAT was when america was truly great.
Or when the v6 base Ftype had a 71% 10k/36…
Besides the new generation CX9, I don’t think there’s a single Mazda with good residuals. Maybe the Miata.
Do we think their %s are based upon MSRP or based on some average reported sale price?
Tundra has 75% 36/12 RV via SETF on 4x4 SR5 Crewmax this month.