                 |
Midsize Comparative Analysis
MSRP=2001 Resale=2004 Est.=estimated
|
Manufacturer |
Model |
Est.MSRP
2001 |
Est.Resale
Value
2004 |
Value
Retained
|
Value
Lost |
|
Toyota |
Prius |
20,495 |
14,291 |
69% |
6,204 |
|
Honda |
Accord(Sedan) |
16,060 |
11,070 |
68% |
4,990 |
|
Volkswagen |
Pssat |
27,140 |
18,150 |
66% |
8,990 |
|
Nissan |
Altima(4D XE) |
16,880 |
10,300 |
61% |
6,580 |
|
Toyota |
Camry(4D CE) |
18,700 |
11,434 |
61% |
7,266 |
|
Chevorlet |
Monte Carlo(2D Coupe) |
20,850 |
11,580 |
56% |
9,270 |
|
Lincoln |
LS (Sedan 4D) |
32,885 |
17,538 |
53% |
15,347 |
|
Chrysler |
Sebring(4D Sedan) |
21,119 |
10,659 |
51% |
10,460 |
|
Mitsubishi |
Gallant(DE) |
17,811 |
8,189 |
46% |
9,622 |
|
Buick |
Century(Sedan) |
20.335 |
9,230 |
45% |
11,105 |
|
Ford |
Taurus(LX) |
18,880 |
8,100 |
43% |
10,780 |
The figures are quite revealing. If you purchase the Toyota Prius your vehicle will have retained thirty per cent more value than the Ford Taurus;a difference of over $4000. The Lincoln loses
$15,000 over three years.!!
Don't forget that when you trade in the vehicle the dealers have access to this information. It does not make sense to purchase or lease a
vehicle with low resale value. When you trade in your vehicle you will
have less equity; if you sell it privately then there will be less interest in
a low value automobile. |