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2014 Best & Worse Resale Values
November 21, 2013
Chances are if you're in the market for purchasing a brand-new 2014 vehicle, you're not really thinking about what it might be worth if and when you decide to one day sell it or trade it in.
However, let's face facts -- once you drive that brand-new car off the dealer lot, the resale value automatically starts to plummet. So knowing that if one day you do decide to sell this car to purchase another new one, it's good to know what experts are predicting the resale value will be.
Over at Cars.com, they've recently compiled list of 2014 vehicles with the best and worst expected resale values.
At the top of the best list is the 2014 Toyota Tacoma, which industry experts expect will retain 63% of its residual value after 36 months. That's closely followed by the 2014 Toyota FJ Cruise with 62% and 2014 Toyota 4Runer at 60%.
On the flipside, the top of the worst list was claimed by the 2014 Chevrolet Captiva Sport, which is expected to only retain 38% of its value after 36 months. In second place is the 2014 Ram Cargo Van at 40%, and third is the 2014 Chevrolet Impala Limited also at 40%.
Cars.com also put together a list of the top 2014 Residual Value Award Winners by segment, through information provided by lease value forcasting company ALG. The overall winner for Mainstream Brand was Honda, and for Premium Brand Mercedes-Benz.
2014 Residual Value Award Winners
Category | Winner |
---|---|
Mainstream Brand | Honda |
Premium Brand | Mercedes-Benz |
Subcompact Car | Hyundai Accent |
Compact Car | Mazda3 |
Midsize Car | Honda Accord |
Full-Size Car | Toyota Avalon |
Sports Car | Chevrolet Camaro |
Alt-Fuel Vehicle | Toyota Prius c |
Minivan | Honda Odyssey |
Subcompact Utility Vehicle | Kia Soul |
Compact Utility Vehicle | Honda CR-V |
Midsize Utility Vehicle – 2-Row | Hyundai Santa Fe Sport |
Midsize Utility Vehicle – 3-Row | Toyota Highlander |
Full-Size Utility Vehicle | Toyota Sequoia |
Off-Road Utility Vehicle | Toyota FJ Cruiser |
Midsize Pickup | Toyota Tacoma |
Full-Size Pickup | Toyota Tundra |
Premium Compact Car | Mercedes-Benz CLA-Class |
Premium Midsize Car | Audi A5 |
Premium Full-Size Car | Audi A6 |
Premium Executive Car | Porsche Panamera |
Premium Sports Car | Chevrolet Corvette |
Premium Compact Utility Vehicle | Acura RDX |
Premium Midsize Utility Vehicle – 2-Row | Land Rover Range Rover Sport |
Premium Midsize Utility Vehicle – 3-Row | Audi Q7 |
Premium Full-Size Utility Vehicle | Toyota Land Cruiser |
Best Resale Values
Vehicle | Expected Residual Value After 36 Months |
---|---|
2014 Toyota Tacoma | 63% |
2014 Toyota FJ Cruiser | 62% |
2014 Toyota 4Runner | 60% |
2014 Honda CR-V | 60% |
2014 Honda Ridgeline | 59% |
2014 Toyota Land Cruiser | 58% |
2014 Mazda Mazda3 | 58% |
2014 Subaru Impreza | 58% |
2014 Audi Q7 | 57% |
2014 Kia Soul | 57% |
Worst Resale Values
Vehicle | Expected Residual Value After 36 Months |
---|---|
2014 Chevrolet Captiva Sport | 38% |
2014 Ram Cargo Van | 40% |
2014 Chevrolet Impala Legend | 40% |
2014 Nissan Titan | 41% |
201 Lincoln MKS | 42% |
2014 Dodge Avenger | 42% |
2014 Jaguar XJ | 42% |
2014 Volkswagen Touareg | 42% |
2014 Mercedes-Benz CL-Class | 42% |
2014 Kia Sedona | 42% |
3 Steps Every Car Buyer Needs to Take to Save Maximum Money
The key to getting the best deal is to gather price or lease bids from as many local dealers as possible. Then shop that best price around until no one can beat it. Here are the steps:Step 1 Get Prices From My Trusted Network
Select the vehicle you're interested in to see if there are local dealers in my network who will provide you with their best upfront price. You will get direct access to an internet sales manager who you can further negotiate with online (no need to visit dealership).Select Vehicle to Get Local Pricing
Step 2 Get Prices From TrueCar / CarsDirect
TrueCar, and CarsDirect are my top 2 online price quote recommendations. These services show you pre-negotiated prices from dealers closest to you - and the deals are usually pretty decent. But remember, you can still negotiate further.Step 3 Complete my Checklist
Follow this up with my checklist to make sure you squeeze out every last bit of savings.- Gregg Fidan
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