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NADA Guide predicts year-old Leaf will retain 95% of value

Automotive News -- The NADA Official Used Car Guide has added average trade-in values for 1-year-old Chevrolet Volt and Nissan Leaf sedans to its used-vehicle value listings. Both cars plug in.

In its June edition, the NADA Guide will project the average trade-in value for a typically equipped 2011 Leaf SV electric car at $23,975 -- 95 percent of its sticker price of $25,280, after the $7,500 federal tax credit available to buyers who purchase the vehicle new.

The projected trade-in value of the 2011 Volt, which runs on electricity and gasoline, was said to be...

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Submitted May 30, 2012 By: StanleyCup

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big_mac64 Champion Author Tennessee Posts:10,593 Points:1,485,690 Joined:May 2005	Message Posted: May 30, 2012 6:41:18 PM Ignore big_mac64 Report Abuse If the one year valuation accounts for the gov't rebate, I predict a pretty sharp decline in the 2nd year!
Edpap Champion Author Pennsylvania Posts:4,342 Points:508,875 Joined:Oct 2011	Message Posted: May 30, 2012 6:40:38 PM Ignore Edpap Report Abuse Why would anyone want a car with a potential battery replacement of several thousand dollars? 95% is a bogus number and only an idiot would consider one at that price.
Romey08 Champion Author Virginia Posts:6,311 Points:1,436,490 Joined:Apr 2008	Message Posted: May 30, 2012 6:38:25 PM Ignore Romey08 Report Abuse OK - Why would you trade it in after one year?
toadNY Champion Author Albany Posts:7,052 Points:1,515,100 Joined:Apr 2008	Message Posted: May 30, 2012 6:37:36 PM Ignore toadNY Report Abuse But thats after a Tax Payer credit of $7,500.00.
Blue48 Champion Author Illinois Posts:7,315 Points:1,639,895 Joined:Feb 2007	Message Posted: May 30, 2012 6:32:56 PM Ignore Blue48 Report Abuse A PRETTY HIGH %..GOOD FOR THEM!
fire@53 Champion Author Philadelphia Posts:11,843 Points:2,771,250 Joined:May 2003	Message Posted: May 30, 2012 6:29:35 PM Ignore fire@53 Report Abuse Don't care as I will not own one.
BigBob12345 Champion Author Gasbuddy Posts:1,521 Points:304,730 Joined:Aug 2011	Message Posted: May 30, 2012 6:21:56 PM Ignore BigBob12345 Report Abuse Leafs suck!!!!!!!!!!!! A pure electric car that you can not drive any more than 100 miles without a charge.
Sarge10 All-Star Author Detroit Posts:862 Points:174,100 Joined:Feb 2010	Message Posted: May 30, 2012 6:19:26 PM Ignore Sarge10 Report Abuse They may keep their value but they still don't have the range to go very far.
sonic_cd33 Champion Author Illinois Posts:2,191 Points:556,820 Joined:Aug 2011	Message Posted: May 30, 2012 6:19:15 PM Ignore sonic_cd33 Report Abuse I'll wait 'til they get out of experimental status, have better range and batteries are cheaper... I keep vehicles for a long time compared to most...
garman87 Champion Author Austin Posts:3,261 Points:2,375,465 Joined:Aug 2005	Message Posted: May 30, 2012 6:17:42 PM Ignore garman87 Report Abuse But who will trade their electric car in after only a year.
MadTraveler Champion Author Idaho Posts:2,082 Points:572,100 Joined:Nov 2009	Message Posted: May 30, 2012 6:16:38 PM Ignore MadTraveler Report Abuse We will see how they sell.
BIGOILEATURCRUD Champion Author North Carolina Posts:5,785 Points:1,380,450 Joined:Nov 2008	Message Posted: May 30, 2012 6:14:01 PM Ignore BIGOILEATURCRUD Report Abuse Wonder what the scrap value is?
jimbo1867 Champion Author Arizona Posts:5,382 Points:2,056,500 Joined:Apr 2005	Message Posted: May 30, 2012 6:12:53 PM Ignore jimbo1867 Report Abuse not interested
FOURXFOUR Champion Author Boston Posts:2,476 Points:1,249,155 Joined:Aug 2005	Message Posted: May 30, 2012 6:11:52 PM Ignore FOURXFOUR Report Abuse o'bozo suckballs
humblepie Champion Author Toledo Posts:34,302 Points:2,373,320 Joined:Mar 2006	Message Posted: May 30, 2012 6:10:53 PM Ignore humblepie Report Abuse if they arnt burned too bad
texasvet Champion Author Texas Posts:3,839 Points:360,875 Joined:Jul 2009	Message Posted: May 30, 2012 6:05:10 PM Ignore texasvet Report Abuse Maybe they will hold their price, but that just means that there's no more point to buying a used one than a new one.
CISA Champion Author Orange County Posts:5,956 Points:1,400,940 Joined:Dec 2006	Message Posted: May 30, 2012 6:02:49 PM Ignore CISA Report Abuse subsidize it they will (may) come
jlisk1970_us Sophomore Author St. Louis Posts:233 Points:94,930 Joined:Feb 2012	Message Posted: May 30, 2012 6:01:11 PM Ignore jlisk1970_us Report Abuse Will have to replace battery's sooner or later.
lll4386 Champion Author Seattle Posts:3,905 Points:599,900 Joined:Apr 2007	Message Posted: May 30, 2012 5:58:58 PM Ignore lll4386 Report Abuse ok
REKEY Champion Author South Carolina Posts:8,589 Points:1,701,365 Joined:May 2008	Message Posted: May 30, 2012 5:58:28 PM Ignore REKEY Report Abuse For how long? OH, a YEAR!
BrucePen Champion Author Ontario Posts:6,611 Points:1,363,790 Joined:Sep 2008	Message Posted: May 30, 2012 5:57:57 PM Ignore BrucePen Report Abuse I'll believe that when I see it.
GryphonX Champion Author Nevada Posts:6,110 Points:1,590,050 Joined:Nov 2007	Message Posted: May 30, 2012 5:56:56 PM Ignore GryphonX Report Abuse Yeah ... until the batteries go dead and useless after a couple of years ...
preacherjohn Champion Author Modesto Posts:3,998 Points:1,921,670 Joined:May 2006	Message Posted: May 30, 2012 5:54:01 PM Ignore preacherjohn Report Abuse are there more problems w/these type of auto?
suzyq2007 Champion Author Dallas Posts:7,179 Points:1,652,875 Joined:Oct 2007	Message Posted: May 30, 2012 5:52:59 PM Ignore suzyq2007 Report Abuse do not a new one and sure would not want a used one
Beaveronparade Champion Author Hartford Posts:2,108 Points:636,785 Joined:Mar 2011	Message Posted: May 30, 2012 5:52:13 PM Ignore Beaveronparade Report Abuse I find that very hard to believe. I guess we will just have to wait & see.
rodzilla123 Champion Author San Diego Posts:4,410 Points:1,036,315 Joined:Jul 2008	Message Posted: May 30, 2012 5:48:51 PM Ignore rodzilla123 Report Abuse I don't see how, the cost for Battery replacement looming has to be a predictable downer on resale options!!!
fcdriver Champion Author Tennessee Posts:7,258 Points:1,475,780 Joined:Sep 2008	Message Posted: May 30, 2012 5:44:52 PM Ignore fcdriver Report Abuse we will see
waynemustang Champion Author Indiana Posts:6,387 Points:1,667,735 Joined:Nov 2006	Message Posted: May 30, 2012 5:43:48 PM Ignore waynemustang Report Abuse Volt is a lemon.
pbug101 Champion Author Georgia Posts:2,469 Points:581,850 Joined:Aug 2011	Message Posted: May 30, 2012 5:43:14 PM Ignore pbug101 Report Abuse oki
unicornpmb Champion Author Buffalo Posts:8,501 Points:1,631,465 Joined:Sep 2005	Message Posted: May 30, 2012 5:42:05 PM Ignore unicornpmb Report Abuse Big deal.
commins Champion Author Riverside Posts:2,008 Points:1,057,880 Joined:Feb 2009	Message Posted: May 30, 2012 5:40:48 PM Ignore commins Report Abuse That means that the asking price of a one year old Leaf will be greater than what the car cost new since trade-in is at 95%. (More crap reporting), wasted my time reading it.
js0743 All-Star Author Georgia Posts:981 Points:460,130 Joined:Nov 2011	Message Posted: May 30, 2012 5:39:15 PM Ignore js0743 Report Abuse Im not interested in owning either car.
Tiput Champion Author Ottawa Posts:1,980 Points:461,125 Joined:Jul 2011	Message Posted: May 30, 2012 5:34:35 PM Ignore Tiput Report Abuse ok
Chazzy12 Champion Author Massachusetts Posts:2,711 Points:711,710 Joined:Dec 2008	Message Posted: May 30, 2012 5:32:16 PM Ignore Chazzy12 Report Abuse Good thing it didn't burn up there on the showroom floor.
slowtrain Champion Author Georgia Posts:3,677 Points:950,850 Joined:Aug 2008	Message Posted: May 30, 2012 5:32:02 PM Ignore slowtrain Report Abuse I'll believe it when I see it. Of course I wouldn't have one.
aarrrt Champion Author San Diego Posts:7,280 Points:1,653,500 Joined:May 2008	Message Posted: May 30, 2012 5:31:38 PM Ignore aarrrt Report Abuse Why buy a car and trade it in the following year?
wz Champion Author Twin Cities Posts:2,499 Points:1,279,265 Joined:Feb 2009	Message Posted: May 30, 2012 5:23:21 PM Ignore wz Report Abuse Can you still get the federal tax credit if you buy a used one from a dealer? Current owners may start trading them in before their batteries die if they can get close to their full purchase price.
boldrph Champion Author Topeka Posts:18,387 Points:3,452,840 Joined:Oct 2002	Message Posted: May 30, 2012 5:23:07 PM Ignore boldrph Report Abuse all hail the market
abk Champion Author Utah Posts:1,800 Points:657,075 Joined:Jan 2010	Message Posted: May 30, 2012 5:22:59 PM Ignore abk Report Abuse I agree with Focus2.
Focus2 Champion Author Illinois Posts:7,896 Points:1,920,395 Joined:Mar 2006	Message Posted: May 30, 2012 5:22:02 PM Ignore Focus2 Report Abuse Bring on CNG vehicles with fuel stations a plenty and the electrics will drop in sales. If we could get CNG at a fair price less than $2 a gallon it would be great for us all. I am afraid though that Big Oil will start charging us world market set prices of three times that. Big business will get richer but they will tell us that we have a cleaner planet and less foreign oil.
Focus2 Champion Author Illinois Posts:7,896 Points:1,920,395 Joined:Mar 2006	Message Posted: May 30, 2012 5:15:58 PM Ignore Focus2 Report Abuse I don't like the looks of the Prius nor the Leaf! I looked into buying the Volt and the salesman wanted 15% more for it that the suggested selling price. His demonstrator was dead on the showroom floor and he couldn't get the door open. It opened after he found a place under the hood to connect some electricity. He told me that it uses premium only for the gas motor!
bbigred Veteran Author Lansing Posts:427 Points:297,950 Joined:May 2006	Message Posted: May 30, 2012 5:15:41 PM Ignore bbigred Report Abuse high MPG gas only is still the best bargain
Indy1 All-Star Author Quad Cities Posts:877 Points:805,075 Joined:Apr 2008	Message Posted: May 30, 2012 5:12:53 PM Ignore Indy1 Report Abuse ok
memo81 Champion Author St. Louis Posts:2,358 Points:446,450 Joined:Feb 2012	Message Posted: May 30, 2012 5:11:35 PM Ignore memo81 Report Abuse ok
Yankee829 Champion Author Dallas Posts:2,216 Points:561,540 Joined:Sep 2010	Message Posted: May 30, 2012 5:10:03 PM Ignore Yankee829 Report Abuse Ok
northerntruckgu Veteran Author Ontario Posts:495 Points:130,910 Joined:Nov 2011	Message Posted: May 30, 2012 5:06:44 PM Ignore northerntruckgu Report Abuse Burn less gas use more coal Hmmmmmmmmm
mycar2 Champion Author Akron Posts:2,115 Points:2,359,840 Joined:Apr 2004	Message Posted: May 30, 2012 5:05:05 PM Ignore mycar2 Report Abuse why the battery's one year old?
mplato Champion Author Columbia Posts:8,264 Points:1,818,195 Joined:Jun 2004	Message Posted: May 30, 2012 5:01:08 PM Ignore mplato Report Abuse but why would you want to get rid of a leaf because its so green....NOT
AKmailman Champion Author Alaska Posts:5,643 Points:1,559,515 Joined:Jul 2004	Message Posted: May 30, 2012 5:01:05 PM Ignore AKmailman Report Abuse wow, let me run out there and buy one .... naw, it's raining outside
ZimaKC All-Star Author Pittsburgh Posts:552 Points:549,685 Joined:Jun 2004	Message Posted: May 30, 2012 4:58:10 PM Ignore ZimaKC Report Abuse wow! pretty interesting
frostyWV Champion Author West Virginia Posts:2,339 Points:519,235 Joined:May 2011	Message Posted: May 30, 2012 4:57:48 PM Ignore frostyWV Report Abuse ok