Model: 2014 Mercedes-Benz E-Class (German)
MSRP: $62,125
Used Car Value In 3 Years: 48% of MSRP ($29,820)
Used Car Value of Diesel In 2017: 51% of MSRP ($31,683.75)
Powertrain Choices: 4-cylinder diesel, 6-cylinder gasoline or 8-cylinder gasoline
Source: ALG
Model: 2014 Cadillac CTS (Domestic)
MSRP: $59,075
Used Car Value In 2017: 44% of MSRP ($25,993)
Used Car Value In 3 Years 2.0-liter AWD: 47% of MSRP ($27,765)
Powertrain Choices: 4-cylinder or 6-cylinder
Source: ALG
Model: 2015 Hyundai Genesis Sedan (Korean)
MSRP: $45,625
Used Car Value In 2017: 54% of MSRP ($24,637.50)
Powertrain Choices: 6-cylinder or 8-cylinder
Source: ALG
Source: ALG
Analysis:
If you plan on trading in a vehicle in 2017, this could help to sway your decision. Resale value is more important to you than those who drive their vehicles until the wheels fall off. We've highlighted three vehicles that have been significantly updated and/or restyled for the 2014 model year.
While the Mercedes-Benz E-Class has received cosmetics and interior updates, both the Cadillac CTS and the Hyundai Genesis have grown in size and adds a new level of sophistication due to their distinctive designs. All three vehicles play in the same segment. Surprisingly, the Hyundai is expected to be worth 54 percent of its MSRP in three years, which is higher than both the Mercedes-Benz and the Caddy. In the premium size segment, the average resale value on the used car market in three years is expected to be 46 percent of the MSRP. The rear wheel drive Caddy is the only vehicle that falls short. However, Caddy's all-wheel drive model carries a higher resale value than the average vehicle in the segment.
The value of the vehicle in three years also plays a huge part on residual value or the lease payment. The higher the residual value (or MSRP in three years) usually reflects in a lower lease car payment.
While the Mercedes-Benz E-Class has received cosmetics and interior updates, both the Cadillac CTS and the Hyundai Genesis have grown in size and adds a new level of sophistication due to their distinctive designs. All three vehicles play in the same segment. Surprisingly, the Hyundai is expected to be worth 54 percent of its MSRP in three years, which is higher than both the Mercedes-Benz and the Caddy. In the premium size segment, the average resale value on the used car market in three years is expected to be 46 percent of the MSRP. The rear wheel drive Caddy is the only vehicle that falls short. However, Caddy's all-wheel drive model carries a higher resale value than the average vehicle in the segment.
The value of the vehicle in three years also plays a huge part on residual value or the lease payment. The higher the residual value (or MSRP in three years) usually reflects in a lower lease car payment.
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