Is resale value even a consideration for you when buying a new automobile? The average American probably shouldn't think so. They keep their cars on average 8 years. After 8 years does it really even matter? I suppose it does to some degree, but I'd say resale value is a pretty low priority in the thought process of buying a new vehicle unless you are the type that likes to get something new every 3-5 years. In that case, this list is for you.
You probably aren't the type to ask: "what is term life insurance?" because you probably wouldn't ever buy something that didn't have an end date right? For these vehicles you might have a short time frame in mind and knowing this is beneficial in this regard.
For the full list of vehicles and brands click here. Here's the top 10 vehicles for 2011 resale value (alphabetical):
-Audi A5
-BMW X5
-BMW X6
-Honda CR-V
-Jeep Wrangler
-Lexus GX
-Lexus RX
-Subaru Outback
-Toyota FJ Cruiser
-Toyota Tacoma
Showing posts with label kelley blue book. Show all posts
Showing posts with label kelley blue book. Show all posts
Thursday, December 23, 2010
Tuesday, October 26, 2010
Autotrader.com To Buy Kelly Blue Book
IF you hadn't realzied how big the internet was and how much money you can make on it yet, here is a nice example of how being the best at what you do pays off. This isn't a deal you are gonna make with payday advance loans.
AutoTrader announces that it has signed a definitive agreement to acquire Kelley Blue Book, one of the most recognized and influential brands in the automotive industry. As part of the deal, AutoTrader.com will also acquire Kelley Blue Book's sister companies CDMdata and CDM Dealer Services.
Details of the transaction are not being disclosed. Kelley Blue Book will operate as a subsidiary of AutoTrader.com and continue to be headquartered in Irvine, CA. The deal is expected to close by the end of the year. J.P. Morgan acted as Kelley Blue Book's exclusive financial advisor through this process. Goldman, Sachs & Co. acted as financial advisor to AutoTrader.com.
"AutoTrader.com is excited about becoming the new owner of Kelley Blue Book because we believe the company has a great future," said AutoTrader.com President and CEO, Chip Perry. "Kelley Blue Book has a wonderful history as an iconic brand and trusted provider of vehicle information to generations of car buyers and sellers, and as we look into the future we believe together we can bring a host of new technologies and tools to market that will significantly improve the car shopping process for consumers, and help auto dealers and manufacturers better capitalize on the fundamental efficiency advantages of the Internet."
AutoTrader announces that it has signed a definitive agreement to acquire Kelley Blue Book, one of the most recognized and influential brands in the automotive industry. As part of the deal, AutoTrader.com will also acquire Kelley Blue Book's sister companies CDMdata and CDM Dealer Services.
Details of the transaction are not being disclosed. Kelley Blue Book will operate as a subsidiary of AutoTrader.com and continue to be headquartered in Irvine, CA. The deal is expected to close by the end of the year. J.P. Morgan acted as Kelley Blue Book's exclusive financial advisor through this process. Goldman, Sachs & Co. acted as financial advisor to AutoTrader.com.
"AutoTrader.com is excited about becoming the new owner of Kelley Blue Book because we believe the company has a great future," said AutoTrader.com President and CEO, Chip Perry. "Kelley Blue Book has a wonderful history as an iconic brand and trusted provider of vehicle information to generations of car buyers and sellers, and as we look into the future we believe together we can bring a host of new technologies and tools to market that will significantly improve the car shopping process for consumers, and help auto dealers and manufacturers better capitalize on the fundamental efficiency advantages of the Internet."
Monday, October 12, 2009
Blue Book Report: Compacts on the Rise, Stabilization Years Away
According to the Kelley Blue Book website, the small car market is seeing a bit of a rise in value, after it using the best fat burner on values when the gas prices stabilized. They also took a look at what the whole "Cash For Clunkers" program did to auto prices recently.
"Several cars that might have been traded in were scrapped in the last few months through the 'Cash for Clunkers' program and new-car inventories are just as low, helping to drive used-vehicle values up," said Alec Gutierrez, senior market analyst, Kelley Blue Book. "The compact market may have actually gotten too low this year due to irrational behavior and the overcorrection of the economy and gas prices."
The 'Cash for Clunkers' program concluded on August 24, yet its effects are still rippling through the automotive industry. While new-vehicle sales for July and August outpaced any other month this year, September sales have shown that the lift to new-car sales was only temporary.
"Many manufacturers increased production levels in August as it became clear that the 'Cash for Clunkers' program was moving metal and shrinking inventories," said Gutierrez. "With that increased production call taking place in August, those new inventories should be hitting showrooms in the next 30 days; however, it remains to be seen if demand will be sufficient to support the increased levels of inventory coming into the market."
"Several cars that might have been traded in were scrapped in the last few months through the 'Cash for Clunkers' program and new-car inventories are just as low, helping to drive used-vehicle values up," said Alec Gutierrez, senior market analyst, Kelley Blue Book. "The compact market may have actually gotten too low this year due to irrational behavior and the overcorrection of the economy and gas prices."
The 'Cash for Clunkers' program concluded on August 24, yet its effects are still rippling through the automotive industry. While new-vehicle sales for July and August outpaced any other month this year, September sales have shown that the lift to new-car sales was only temporary.
"Many manufacturers increased production levels in August as it became clear that the 'Cash for Clunkers' program was moving metal and shrinking inventories," said Gutierrez. "With that increased production call taking place in August, those new inventories should be hitting showrooms in the next 30 days; however, it remains to be seen if demand will be sufficient to support the increased levels of inventory coming into the market."
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