Compacts Top Residual Value Survey

Edward Niedermeyer
by Edward Niedermeyer
compacts top residual value survey

The Automotive Lease Guide has released its projections for the vehicles most likely to retain their value three years from now, and they’ve awarded the top honors to three compact(ish) cars, the Scion xB, the Honda Fit and BMW’s MINI. The MINI took the overall prize, with ALG predicting that a new Cooper will retain 64.5 percent of its retail value after the average 36-month lease. The xB won the mid-compact category with a projected retention of 63 percent of its new value, while the Fit topped the compact class with a residual value estimated at 59.8 percent. ALG president John Blair tells Automotive News [sub] that price, design, new-vehicle incentives and fleet sales all went into the projections, with special consideration paid this year to Detroit’s woes. “The public needs to have confidence that the companies are solid and they’re going to be around to service the vehicles and provide a pathway for warranty work,” Blair said, by way of explaining why US firms ranked so low in the rankings.Cadillac ranked the lowest of all luxury brands in projected resale value, expected to retain only 36.9 percent of its value in a segment that averages only 44.3 percent value retention. Meanwhile Honda/Acura had the highest combined residual prices by brand, with 54.8 percent average projected for Hondas and 50.1 percent for Acura, which topped all luxury brands. But all the news wasn’t horrible for Detroit. Ford’s F150 had the highest resale expectations of all light trucks, with a big 40.7 percent, while Jeep’s Wrangler tied the Subaru Forester for best projected residuals for compact SUVs. On the car front though, things were not so good. The best US car brands in the survey were Saturn and Pontiac, each of which squeaked over the industry average of 45.7 percent by .1 percent. And the worst residuals of all in the non-luxury segments was GMC, with an average value retention of only 38.8 percent.

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  • RedStapler RedStapler on Nov 20, 2008

    Its ironic that the Jeep Wrangler and Subaru Forester tie for top spot SUVs. You could not have more of a contrast between their interpretation of the genre. Given the talk in the off-road press I suspect that the current JK Wrangler will be less popular used with the enthusiast crown that the TJ model it replaced given it weaker engine and more complex electrical system.

  • Nevets248 Nevets248 on Nov 20, 2008

    WOW! with a residual that high for PONTIAC (Peel Off Nameplate This Is A Chevrolet), I'd better order that G3 right away!!!

  • Bullnuke Well, production cuts may be due to transport-to-market issues. The MV Fremantle Highway is in a Rotterdam shipyard undergoing repairs from the last shipment of VW products (along with BMW and others) and to adequately fireproof it. The word in the shipping community is that insurance necessary for ships moving EVs is under serious review.
  • Frank Wait until the gov't subsidies end, you aint seen nothing yet. Ive been "on the floor" when they pulled them for fuel efficient vehicles back during/after the recession and the sales of those cars stopped dead in their tracks
  • Vulpine The issue is really stupidly simple; both names can be taken the wrong way by those who enjoy abusing language. Implying a certain piece of anatomy is a sign of juvenile idiocy which is what triggered the original name-change. The problem was not caused by the company but rather by those who continuously ridiculed the original name for the purpose of VERY low-brow humor.
  • Sgeffe There's someone around where I live who has a recent WRX-STi, but the few times I've been behind this guy, he's always driving right at the underposted arbitrary numbers that some politician pulled out of their backside and slapped on a sign! With no gendarmes or schoolkids present! Haven't been behind this driver on the freeway, but my guess is that he does the left lane police thing with the best of 'em!What's the point of buying such a vehicle if you're never going to exceed a speed limit? (And I've pondered that whilst in line in the left lane at 63mph behind a couple of Accord V6s, as well as an AMG E-Klasse!)
  • Mebgardner I'm not the market for a malleable Tuner / Track model, so I dont know: If you are considering a purchase of one of these, do you consider the Insurance Cost Of Ownership aspect? Or just screw it, I'm gonna buy it no matter.The WRX is at the top of the Insurance Cost pole for tuner models, is why I ask.