Wednesday, February 2, 2011

What Will These New Rides Be Worth In 3 to 5 Years?


2011 Hyundai Equus MSRP: $58,000 - $64,500*

36-Month/ 60-Month

Hyundai Equus:  50%/ 34%

Hyundai Avg. 52%/ 36%

Premium Luxury Avg. Segment  46%/ 30%

At the end of three years, the Equus is expected to be worth 50 percent of its MSRP in 3 years and 34 percent of its MSRP in 5 years. The Equus is entering the luxury car segment, competing against the top-end Lexus and Mercedes.  Overall this vehicle will be worth more than its competitors after the third and fifth year.


2011 Ford Explorer MSRP: $28,190 -$39,190*

36-Month / 60-Month

Ford Explorer 47%/ 30%

Ford Avg. 47% /33%

Midsize SUV Avg. Segment  47%/ 34%

At the end of three years, the Ford Explorer is no longer a SUV, it is now based off a car platform -- also known as a crossover. The Explorer is expected to be worth 47 percent of its MSRP in 3 years and 30 percent of its MSRP in 5 years. In 5 years, the Explorer is expected to be slightly less than its competitors. This vehicle will be on par with other vehicles in this segment in three years, but be slightly less of other vehicles in this segment in 5 years.




2011 Chevy Cruze MSRP: $16,275- $21,975*

36-Month/ 60-Month
-
Chevrolet Cruze 50%/ 34%

Chevrolet Avg: 45%/ 32%

Mid Compact Car Avg Segment: 54% / 39%
At the end of three years, the Cruze is expected to be worth 50 percent of its MSRP in 3 years and 34 percent of its MSRP in 5 years. The Cruze competes against the Honda Civic and Toyota Corolla. The Cruze is estimated to be worth slightly less than other vehicles in this segment at the end of both three years and five years.


 


2011 Kia Optima MSRP: $18,995 - $25,995*36-Month/ 60-Month
-
Kia Optima: 52% /36%

Kia Avg:  48%/ 32%

Midsize Car Avg Segment :  52% /37%

At the end of three years, the sporty looking Optima is expected to be worth 52 percent of its MSRP in 3 years and 36 percent of its MSRP in 5 years. The new Optima is expected to go head-to-head with the Ford Fusion, the Honda Accord and the Toyota Camry. It is expected to be worth the same as other  midsize competitors in the next three to five years.



Sources: Automotive Lease Guide and JeffCars.com

* Pricing does not include options nor the destination charge.

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