New 2011 CTS Coupe Boosts Projected Resale
July/August estimates from ALG indicate that resale value for the Cadillac CTS will rise as the brand adds the 2011 CTS Coupe to its lineup. Coupe arrived this month at dealers and already projected to have a resale value of 59 percent of its initial price.
KBB Says More Buyers Opting for Used Vehicles, Paying Cash
Research from Kelley Blue Book shows more consumers are opting for used vehicles and paying cash. Basically, shoppers are looking at spending smaller amounts of money, and they may not be influenced by incentives.
Residual Losses Still Mounting
A CNW Market Research analysis, based on 36 and 42-month leases, indicates residual value losses between 2005 and 2010 will be greater than $10.4 billion. Lessors began pulling out of the lease market as early as 2000, knowing the meltdown was coming.
Fleets Buying Fewer, More Fuel-Efficient Trucks
Truck fleets have reduced pickup and van purchases less than 10% this year but heavier trucks 22.7% due to low business demand. The trucks they are buying are generally smaller and more fuel efficient.
