All Entries Tagged With: "depreciation"
AutoTrader.com Reports 8% Increase in Used Tundra Values During Last Year
According to AutoTrader.com, the average asking price of a certified pre-owned Toyota Tundra increased 8% between March 2010 and March 2011, from $24,732 to $26,684. While AutoTrader.com says that the increase in pricing may be a result of speculation regarding a vehicle shortage, that seems a little unlikely. The market usually reacts to shortages rather than forecasts them.
Instead, this is probably just another sign that the Tundra’s resale value – and demand with consumers – is top-notch.
Tundra resale value is high because:
2011 Truck Depreciation Data and Resale Value Facts
Analysis Shows Tundra Biggest Winner, Titan Biggest Loser
Last week an automotive data company called VinCentric announced their 2011 Best Value awards. While Toyota was the big winner – Toyota models that won 9 segments – the Tundra was surprisingly shut out. Considering how well the Tundra has done in other value award competitions, this was a surprise.
VinCentric named the F150 the best full size pickup value, but when you read VinCentric’s explanation of the F150’s victory something seems wrong:
The victory was earned with low insurance costs, segment leading fuel economy, and the lowest depreciation rate in the segment
Lowest depreciation in the segment? That’s not right…is it? Here’s how we went about trying to prove VinCentric’s data: