Lexus and Honda topped the U.S. ALG (Automotive Lease Guide) Residual Value Awards again this year. While consumers may not want to dig into the details of what makes for a high residual value, dealers can use the information to…

For almost a decade, I held research analyst positions in various investment firms, mostly in Toronto. In the summer of 2021, I left the city and moved into a yurt I built in the boreal forest, approximately 100km away from…

Key takeaways Diminished value is the difference between your car’s value before an accident and after, even if it’s repaired. Filing for a diminished claim may help you earn back some of your car’s lost market value after an accident….

The used-car market has faced unprecedented upheaval in recent years. From 2014 to 2024, prices increased by an average of 3 percent per year. The beginning of the COVID-19 crisis, followed by the supply shock, sent used-car prices soaring, rising…

One of the most prominent hidden costs when buying a new vehicle is depreciation. This is particularly true of SUVs, which generally depreciate faster than regular cars. Knowing how much you’re going to get back on your investment when you…

‘Property List No. 2’ Prices of Used Electric Vehicles Plummet There’s a degree to which it’s less valuable. It’s too much of a “do” to treat you like a fish you’ve caught. Used Car Value-EV ‘Tuk’ and HEV ‘Suk’ 사진…

사진 확대 Benz EQE SUV, an electric SUV, and Kia Sorento hybrid, which is popular in the used car market. [Photo source = Benz, Kia/Editing = Reporter Choi Ki-sung Maekyung] The value of used cars in Tesla and Benz electric…

Stellantis / © 2023 Stellantis If you’re in the market for a new car as we prepare to head into 2025, you’re probably looking at the purchase price and maybe the long-term ownership costs. But are you also looking at…

Fitch Ratings looked at electric vehicles through the prism of auto asset-backed securities (ABS) transactions. Analysts believe softening EV demand and corresponding price reduction strategies will constrain EV residual values and recoveries. “Ratings are not affected given the limited concentration…

MEDINA, Ohio – Following the passage of the 7.5 mill levy last fall, officials within Medina City Schools have vowed to closely watch the district’s budget by reducing expenditures and looking for alternative sources of income. Treasurer David Chambers recently…