Fuel Economy and Supply-Demand Trends Help Strengthen Residual Values
Eric Lyman VP, Editorial and Partner Development ALG Residual values are seeing a strong forecast from ALG – an increase of 0.5 percentage points (ppts) on average in the 36-month term. Segments with stronger fuel economy are marginally more positive. Demand is raising residuals across segments while industry-level supply is very negative; segment level supply […]
Dealers Sold Less Used Retail in February, but Franchised Saw Prices Go Up
Art Spinella President CNW Research Dealers saw mixed results in February used retail sales. Total used sales came in at 2.055M units, down 1.3% from year ago’s 2.082M and more than 12% behind January. Franchised dealers were down 2.46% and Independents down 2.15% from year ago. Value of the vehicles sold went up 6.1% compared […]
New Cars That Retain Their Value
With used-car values beginning to drop for the first time in years — on average falling by 3.5 percent in October, the largest such dip in two years according to the National Automobile Dealers Association in McLean, Va., picking a new vehicle that holds onto its value steadfastly is particularly crucial.
Generally, the more costly the vehicle, the more important differences in projected resale values become, simply because there’s more money at stake. Last year the average new car was predicted to retain about 38.2 percent of its original value after five years, meaning that a $50,000 model will only be worth nearly $19,100 at trade-in time. Pick a comparable model that’s estimated to hold 5 percent more of its value than average and it will return an extra $2,650.
Propane Will Power 1,000 UPS Delivery Fleet Trucks
UPS has one of the largest private alternative fuel fleets in the nation with more than 3,150 alternative fuel and advanced technology vehicles. This includes all-electric, hybrid electric, hydraulic hybrid, CNG, LNG, propane, biomethane, and light-weight fuel-saving composite body vehicles.
“The UPS alternative fuel strategy is to invest in the most environmentally friendly and economical energy sources,” said David Abney, UPS chief operating officer.
UPS plans to purchase 1,000 propane package delivery trucks and install an initial 50 fueling stations at UPS locations. The investment in propane vehicles and infrastructure is approximately $70 million.
New 2015 Ford F-Series Super Duty – More Than Great Trucks
The New 2015 Ford F-Series Super Duty strengthens the heavy-duty pickup truck market with engine and chassis upgrades for 2015 that together deliver best-in-class horsepower, torque and towing capacity.
“Our chassis people work in unison with our powertrain people to develop more than a great truck, it’s a machine engineered for work,” said Doug Scott, Ford Truck group marketing manager. “We’re the only manufacturer that develops and builds our own powertrains in this class and when you combine that with a chassis that’s purpose-built for best-in-class power and torque, you can feel the result in the way it drives, especially when towing big loads.”
