- Apr 4, 2012
- Kendall, FL
The Brand With the Worst Resale Value May Surprise You
Resale value is important when you plan to sell your vehicle in the future. Here are brands you may want to avoid that have the worst resale value.
According to this article...
"Recently, Car Edge studied and ranked today’s automotive brands and models in terms of resale value. Their analytics considered a host of factors, including today’s new car prices and original MSRP values. They looked at maintenance costs and estimates associated with predicted expenses.
Buick is the worst brand for retaining resale value. And the Car Edge team says Buick models “depreciate hard and fast.” Buick models only retain 63.15% of their original value at the five-year ownership mark. Specifically, this study points to the Buick Enclave and the Buick Encore as models that fall toward the bottom of the value retention list.
This brand is the runner-up worst in resale value
In this same study, another popular automotive brand comes in as a close second for being the worst at retaining value. Chrysler ranks next to the bottom of the list across three, five, and seven-year time periods, too. Your Chrysler will only retain 64.84% of its value at the five-year mark, less than a percentage point away from the worst-offending Buick brand. The Chrysler 300 is the worst offender and is only a bargain if you’re looking to buy older, used models or intend to use these cars in a fleet capacity."
I wonder how significant "market value adjustments" factor into this, as the article mentioned it in the first paragraph.