How well does your car retain its value?

By on January 6, 2014 at 8:55 AM

Posted in: Odds & Ends

Car interiorIt’s common knowledge (and a little disheartening) that as soon as you purchase a new car it depreciates by thousands of dollars as soon as you drive it off the dealership lot. But which cars depreciate the least?

For 50 years, ALG has been the industry benchmark for calculating residual values on vehicles. ALG recently published its 2014 results, and they show Honda and Mercedes-Benz won the prize for best mainstream brands – but that doesn’t necessarily apply to YOUR Honda or Mercedes. To learn more and see the entire list from 2014 and previous years, check out the full article on GEICO Now.