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Alternative Powertrains: Analysis of Recent Market Trends & Value Retention
The Toyota Prius has long been the darling of alternative powertrains, but despite its run as a posterchild for environment-friendly cars approaching the two decade mark, the history of alternative vehicles goes back even farther. Considering the length of time such cars have been available in the marketplace and the high amount of media coverage they’ve received, it may seem logical to assume alternative powertrains have gained significant traction among today’s consumers. Read More...
January NADA Perspective - 2016 Used Vehicle Retained Value Report: New and Redesigned 1-Year-Old Models
January’s edition of Perspective details the one-year-old (2015 model year) retention performance of all-new or heavily revised mainstream and luxury models. On average, these models typically experience higher retained values when compared to each previous generation. A number of factors help elevate retention for new or revised models, such as improved quality and dependability, higher fuel economy and performance, as well as improved vehicle design. Other important factors affecting value retention include new vehicle pricing, incentive levels and vehicle production volume, which we will not cover in this report. Read More...
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