McConnell Honda

Top 10 Cars With the Worst Residual Value for 2008
By Warren Clarke, Automotive Content Editor, Edmunds

Residual value is more important than most new-car shoppers realize. Higher residual values mean lower monthly payments if you opt to lease, and improved resale value if you decide to purchase your new ride. This list takes a look at the 2008 cars with the worst resale values; these vehicles are those likely to depreciate the most once you drive them off the lot. Our list includes the percentage of its original value that each vehicle is likely to retain after five years with an annual mileage of 15,000. The 10 worst models are:

1.Kia Rio                                 6.Grand Marquis
2.Kia Septra                             7.Kia Amaiti
3.Hyundai Accent                     8.Chevy Malibu
4.Suzuki Forenza                     9.Hyundai Sonata
5.Suzuki Reno                         10.Jaguar S-Type
From Edmunds, an independent auto research firm study of 2008 models

Who is the has the Best Resale Value?

Winner: Honda 2009 Best Resale Value Awards

Only two years removed from its last "Best Brand" title in our annual Best Resale Value Awards, Honda has again taken top honors. The importance of quality is magnified in the eyes of a used car buyer, and Honda's reputation for delivering well-built, reliable, dependable automobiles is well earned and well known. Fuel efficiency is another Honda hallmark, and another attribute likely to get greater attention from buyers seeking added value in the used car market. Sales leaders like the Accord and Civic might be the first vehicles that come to mind when thinking about Honda and resale values, but those industry stalwarts are backed by an entire fleet of vehicles that continually prove more resilient in regards to resale value than most-sometimes all-of their competitors. Information from Kelly Blue Book 2009