Model: 2015 Honda Fit
MSRP: $18,800
Used Car Value In 3 Years: 60% of MSRP ($11,280)
Unique Options: leather, heated seats and moonroof
Source: ALG
Model: 2014 Mini Cooper Hardtop
MSRP: $24,450
Used Car Value In 3 Years: 58% of MSRP ($14,181)
New Standout Feature: Model stretched 4.5" and BMW iDrive Sysem
Source: ALG
Model: 2014 Ford Fiesta
MSRP: $18,750
Used Car Value In 3 Years: 48% of MSRP ($9,000)
Standout Features: Updated both visually and mechanically
Source: ALG
Analysis:
If you plan on trading in a vehicle in 2017, this could help to sway your decision. Resale value is more important to you than those who drive their vehicles until the wheels fall off. We've highlighted three vehicles that have been significantly updated and/or restyled for the 2014 model year. Both the Honda Fit and MINI Cooper carry significantly high resale values.
All three vehicles play in the same segment.The MINI is the only one that plays in the premium subcompact segment, since its a derivative of the BMW brand.
The value of the vehicle in three years also plays a huge part on residual value or the lease payment. The higher the residual value (or MSRP in three years) usually reflects in a lower lease car payment.
All three vehicles play in the same segment.The MINI is the only one that plays in the premium subcompact segment, since its a derivative of the BMW brand.
The value of the vehicle in three years also plays a huge part on residual value or the lease payment. The higher the residual value (or MSRP in three years) usually reflects in a lower lease car payment.
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