Tuesday, June 8, 2010

New Designs, Increased Horsepower Drives Up Resale Values



2011 Jaguar XJ MSRP*: $71,650- $114,150
Category: 3-yr/5-yr Residual
  XJ's Average Residual: 53%/33% of MSRP
Jaguar's Average Residual : 48%/30% of MSRP
Premium Luxury Car Average Residual: 44%/28% of MSRP
2011 Highlight: new European limo-like design


2011 Infiniti M MSRP*: $45,800- $60,050
Category: 3-yr/5-yr Residual
M's Average Residual: 53%/37% of MSRP
Infiniti's Average Residual : 45%/28% of MSRP
Midsize Car Average Residual: 45%/29% of MSRP
2011 Highlights: new design, seven-speed transmission and more horses underneath the hood



2011 Hyundai Sonata MSRP*: $19,195- $25,295
Category: 3-yr/5-yr Residual
  Sonata's Average Residual: 53%/38% of MSRP
Hyundai's Average Residual : 47%/31% of MSRP
Midsize Car Average Residual: 46%/31% of MSRP
2011 Highlights: new design and available with only a 4-cylinder engine



2011 Ford Mustang/Convertible MSRP*: $22,145- $37,845
Category: 3-yr/5-yr Residual
Mustang's Average Residual: 57%/45% of MSRP
Ford's Average Residual : 42%/29% of MSRP
Sporty Car Average Residual: 50%/35% of MSRP
2011 Highlights: more horses underneath the hood to compete with the super popular Camaro; after five years of ownership, the Mustang is expected to retain 45 percent of the MSRP. That's impressive.


Here are four 2011 re-designed vehicles which are expected to have a higher resale value than other competing vehicles in its category over a 3-year and 5-year period. Residual value is based on the percentage of the MSRP a new-vehicle will retain after a period of time, which could be 2 years, 3 years, 4 years or 5 years. Typically, after 5 years, the value of your vehicle greatly diminishes. Resale value is important for two reasons: if you plan on trading in your vehicle within a specified period of time and if you plan on leasing a vehicle. In the case of leasing, higher residual values leads to lower car payments than traditional financing.

*MSRP (Manufacturer Suggested Retail Price) does not include destination fee or options.

Source: American Lease Guide and JeffCars.com

No comments:

'Auto Trends' Talks With The Black History Maker Steering The Lexus Brand

Dejuan Ross, Lexus U.S. general manager, is posing with the all-new GX. (Photo Credit: Toyota) When the Lexus brand was birthed by Toyota in...