Compacts Top Residual Value Survey

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!!!

  • FreedMike $27,000 adjusted and the heater was optional? Wow, how things have changed...
  • Zang I’m sorry but does anyone desire GMC products? Looks are subjective but across the board GMC kinda makes a case for taking home the ugly trophy. Their full size trucks look like a parody of full size trucks- like they couldn’t figure out anything original so they came up with… that. I get they’re playing for an upscale image but cmon son, with the Terrain and Acadia on the lot we all know you ended up here after the Lincoln/Cadillac/Toyota dealer encouraged you head to their pre-owned section. Combined with the zero credibility they have with the off road / overlanding crowd (you dont take the current Canyon off road unless you want a quick way to empty your engine of oil), GM’s reputation for building crappy vehicles, and the fact even their white trash customer base prefers RAM … who is this for?
  • FreedMike This car looks terrific from the front. Then we have the back end...I don't think the "very expensive halo car" approach is a bad one at all (though I'd price this a LOT lower than $300,000), but the "ugly $300,000 halo car" approach is going to fail. And I think the Lyriq - which has the same horrid rear-end treatment - is going to fail too. Is it too late to restyle this car? God, I hope not.
  • Corey Lewis This is a great idea, and I like it on the regular Bronco.Don't care about it on the Bronco Sp, where it's very fake.
  • FreedMike By the time you add in the inevitable dealer markup, you might as well find a nice old-school Bronco, like this one.