Luxury Vehicle Segment's Lowest Priced, Typically-Equipped Vehicle Retains Highest Value After One Year
NADA Used Car Guide Perspective Report Observes Mercedes-Benz CLA 250 Retaining Stronger Value Over More Expensive Models
MCLEAN, Va., Nov. 26, 2014 /PRNewswire-USNewswire/ -- The NADA Used Car Guide published its November Perspective automotive industry report, providing a compelling group of figures on the one-year value retention of all-new or heavily revised luxury model vehicles within the U.S. market.
Of the 10 luxury vehicles making the report, the 2014 Mercedes-Benz CLA 250 had the lowest typically-equipped MSRP ($35,305). Surprisingly, the all-new CLA sedan bested others in one-year retention performance, as its average trade-in value ($28,733) was an outstanding 81.4 percent of its original MSRP.
Jonathan Banks, Executive Analyst at NADA Used Car Guide said, "Our analysts determined the value retention performance by taking data from September through November, and dividing it by a vehicle's commonly-equipped Manufacturer Suggested Retail Price."
The MSRP data Banks mentioned was sourced from ALG and the NADA Used Car Guide.
With a typically equipped MSRP of $61,950, BMW's much pricier SUV ― the 2014 X5 35i AWD ― closely followed the small CLA, retaining 80.8 percent of its value, or $50,042 on average trade-in value.
On the heels of its fellow SUV competition, the 2014 Acura MDX with Technology Package and 4WD trade-in value of $39,483 kept 79.8 percent of its $49,460 MSRP.
Other models from both Acura (2014 RLX with Technology Package) and BMW (2014 428i Coupe) were analyzed in the report, in addition to offerings from Cadillac, Infiniti, Jaguar and Lexus.
The full report listing all values, how the retention figures were calculated, and vehicle-specific information can be downloaded for free on the NADA Used Car Guide website.
December's Perspective report will complete the value retention performance picture, focusing on mainstream models.
About the NADA Used Car Guide
Since 1933, NADA Used Car Guide has earned its reputation as the leading provider of vehicle valuation products, services and information to businesses throughout the United States and worldwide. NADA's editorial team collects and analyzes over 1 million combined automotive and truck wholesale and retail transactions per month. Its guidebooks, auction data, analysis and data solutions offer automotive/truck, finance, insurance and government professionals the timely information and reliable solutions they need to make better business decisions. Visit nada.com/b2b to learn more.
About NADA
NADA represents nearly 16,000 new-car and -truck dealerships with more than 32,000 domestic and international franchises. For more information, visit www.nada.org.
Contact:
Ryan Morris
Sr. Manager, Public Relations
NADA Used Car Guide
(703) 821-7165
[email protected]
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SOURCE NADA
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