Auto News | Consumer Reports Releases Depreciation Report
October 27th, 2006 by admin
“10 best and worst cars for depreciation”
From the article printed on the Consumer Reports site:
…affordably priced models–such as the Toyota Prius hybrid, Mini Cooper, and youth-oriented Scion models–hold their value better than higher-priced sports and luxury models.
And while all of the top 10 models have either Japanese or European nameplates, nine of the bottom 10 are domestic models. Contributing to their high depreciation is the fact that many are older models, commonly used by fleets and rental companies, and often heavily discounted.
Of particular note is that the number one car on the best list is the Toyota Prius Hybrid, while there are several domestic SUVs and minivans on the worst list.
See Also
- Get a Price Quote for an Extended Warranty on a Toyota Prius
Used or new, hybrid or traditonal, domestic or import, get your warranty price quote here.
Posted on Friday, October 27th, 2006 at 6:07 pm
In Auto Warranty