Google’s autonomous car program tends to get the lion’s share of attention when discussing the tech giant’s auto initiatives. But lurking in the background is a more immediate project that has the potential to finally “disrupt” (as Silicon Valley types are so fond of saying) online automotive sales.
Despite rising gasoline prices, America’s newfound appetite for new cars continues. Both J.D. Power and Kelley Blue Book predict very strong auto sales for the month of March. (Read More…)
Kelley Blue Book has released its annual resale value data, and according to the WSJ, Toyota, Honda and BMW remain the top brands in five-year residual value. Still, Toyota’s average residual value dropped from 42.7 percent to 38.8 percent, while Honda fell from 44.5 percent to 38 percent. Those drops mirror an industry-wide decline in residual values, which had hovered around 35 percent for some time, but have fallen to about 32.6 percent for 2010 models. But American brands have bucked that trend:
KBB estimates Ford’s 2010 models will keep 32.4% of their value after five years. That’s an improvement—for 2009, KBB put the residual value of Ford’s models at 31.7%. Likewise, GM’s 2010 five-year residual value is 31.3%, up from 29.5% a year earlier. Chrysler’s figures are 29.5% for 2010 models, compared with 29% for 2009 models.
KBB’s top ten models for five-year residual value after the jump.
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VenomV12 - Three Phantoms in my town, two are owned by very white older gentlemen. When I go out to Chicago and the suburbs of Chicago, almost 100% of the...
FuzzyPlushroom - The most powerful reason, honestly, that I’m glad my first few cars were RWD. FWD is fine and all, but it’s not the same.
jimbob457 - Took the wife’s 996 cabrio in for routine service yesterday and discovered that the little fellow is built like the proverbial brick shithouse....
raph - Same here but the Fisker deserves a nice over the top V12, a 10.5L 2 valve V12 making 700+ hp and to make the greenies happy they could add some sort...
Piston Slap Yo Mama - The 1st Contour SVT I find on CL has missing rocker caps: http://sanantonio.craigslist.o rg/cto/3740157683.html...
f2m - to see a unique analysis over the US car market: http://focus2move.com/itemlist /category/37-united-states-of- america
olddavid - CJ- Do you really believe that the only solutions lie in the extremes of both arguments? I’m retired, and even if I live to be 80, I will not be a...
porschespeed - Ever seen a caucasian (or whatever) non-pro-athlete in a current RR product? In the dozen+ I see every week, I haven’t. It is garish,...
FuzzyPlushroom - How ’bout having the car yell at you if it’s in gear, moving along at at least 5 MPH,...
Faisal Ali Khan - The comparison with 911 is obvious, the Porsche is the benchmark.