Photo: carbuzz.co.uk
Within its first year, a vehicle loses on average, around 30% of its value, and after two more years, some cars lose up to 50%, or more. However, investing in an all-electric Nissan Leaf is a safe bet, says the National Automobile Dealers Association (NADA) of the US.
According to them, the average trade-in value for a averagely-equipped Leaf is $23,975 (€19,100), which is 95% of its sticker price of $25,280 (€20,150) which is calculated by deducting the $7,500 (€5,980) federal tax credit from the car’s original price - an amazing feat, for a modern car.
Another car that will reportedly do very well come resale time is the Chevrolet Volt, with a projected value of $29,325 (€23,373), which represents 90% of its original value of $32,780 (€26,100), factoring in the $7,500 (€5,980) federal tax credit deduction from the car’s original price.
When compared to other ‘green’ offerings by other manufacturers, like the Toyota Prius which retains 88% of its value after the first year, or the Honda Civic hybrid which keeps a rather disappointing 76% of its original value. So if you want to invest your money in a car which isn’t a money pit, it’s easy, don’t buy an Alfa Romeo - or do.
Story via autonews.com
Another car that will reportedly do very well come resale time is the Chevrolet Volt, with a projected value of $29,325 (€23,373), which represents 90% of its original value of $32,780 (€26,100), factoring in the $7,500 (€5,980) federal tax credit deduction from the car’s original price.
When compared to other ‘green’ offerings by other manufacturers, like the Toyota Prius which retains 88% of its value after the first year, or the Honda Civic hybrid which keeps a rather disappointing 76% of its original value. So if you want to invest your money in a car which isn’t a money pit, it’s easy, don’t buy an Alfa Romeo - or do.
Story via autonews.com
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