RESIDUAL VALUES: WHAT YOUR CAR IS WORTH AND WHY - AUTOLINE THIS WEEK 1738

EV Channels Review

This episode of Autoline This Week delves into the crucial topic of residual values, featuring insights from Larry Dominique of ALG (Automotive Lease Guide). The discussion highlights how ALG determines a vehicle's worth over time, with a focus on their annual residual value awards. Key takeaways include Honda's consistent performance in the mainstream brand category and Mercedes' win for luxury brands. The panelists explore the factors influencing residuals, such as manufacturer discipline regarding incentives and fleet sales, and the impact of new technologies like advanced infotainment systems. A significant portion of the conversation addresses the challenges faced by electric vehicles (EVs) in the used market, attributing their devaluation to price cuts, the pass-through of government credits to used car prices, and consumer apprehension about battery longevity. The episode also touches upon the end-of-year luxury sales race and optimal times for buying and selling vehicles.