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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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honda0105 Champion Author Tallahassee Posts:18,623 Points:1,609,520 Joined:Nov 2008	Message Posted: Jun 1, 2012 4:45:10 AM Ignore honda0105 Report Abuse predictions are just that... best guesses. Time will tell....
sparky808 Champion Author Honolulu Posts:2,998 Points:597,735 Joined:Sep 2011	Message Posted: May 31, 2012 12:01:41 PM Ignore sparky808 Report Abuse Wow. That's amazing.
JoeKR Champion Author New Jersey Posts:9,468 Points:1,743,495 Joined:Feb 2006	Message Posted: May 31, 2012 9:05:23 AM Ignore JoeKR Report Abuse It's all guess work but given it's the bible, self fulfilling!
wulf2000 Champion Author Miami Posts:3,027 Points:1,388,480 Joined:May 2005	Message Posted: May 30, 2012 11:11:24 PM Ignore wulf2000 Report Abuse Predictions, predictions. Let us see if NADA is correct one year from now.
suzmar Champion Author Texas Posts:2,212 Points:872,740 Joined:Jun 2006	Message Posted: May 30, 2012 11:03:59 PM Ignore suzmar Report Abuse I think there will be a very limited market for these vehicles.
pgerassi Champion Author Milwaukee Posts:10,896 Points:2,131,605 Joined:Apr 2007	Message Posted: May 30, 2012 11:03:12 PM Ignore pgerassi Report Abuse ok
Zonk Champion Author Michigan Posts:6,481 Points:2,102,765 Joined:Oct 2005	Message Posted: May 30, 2012 11:02:01 PM Ignore Zonk Report Abuse Electric is not in my future.
mfeldstein Champion Author Ottawa Posts:8,171 Points:1,930,480 Joined:Feb 2007	Message Posted: May 30, 2012 10:58:42 PM Ignore mfeldstein Report Abuse I wouldn't buy a used one at that price. I don't think many others would either.
mgune9 All-Star Author Dallas Posts:914 Points:200,395 Joined:Feb 2012	Message Posted: May 30, 2012 10:56:58 PM Ignore mgune9 Report Abuse over-priced and won't be generally accepted
tco9436 Champion Author Connecticut Posts:1,772 Points:722,175 Joined:Mar 2010	Message Posted: May 30, 2012 10:56:43 PM Ignore tco9436 Report Abuse Great!
Goody2317 All-Star Author Wilmington Posts:680 Points:619,255 Joined:Jun 2008	Message Posted: May 30, 2012 10:56:22 PM Ignore Goody2317 Report Abuse Still way over priced. and still not worth the investment.
FrankTA2 Champion Author New York Posts:4,293 Points:1,095,310 Joined:Jun 2007	Message Posted: May 30, 2012 10:55:50 PM Ignore FrankTA2 Report Abuse It's an ugly car.
dabbadu Champion Author New York Posts:1,056 Points:661,005 Joined:Feb 2011	Message Posted: May 30, 2012 10:53:07 PM Ignore dabbadu Report Abuse Predictions, predictions.
USAv8tor Veteran Author Long Island Posts:348 Points:138,665 Joined:Mar 2012	Message Posted: May 30, 2012 10:49:29 PM Ignore USAv8tor Report Abuse All those hybrids are not worth the price.
AnObserver Champion Author New Jersey Posts:8,354 Points:2,257,780 Joined:Sep 2005	Message Posted: May 30, 2012 10:46:20 PM Ignore AnObserver Report Abuse Not bad - if there is a secondary markey for used Leafs (Leaves?). Around our neighborhood we just burn them.
sillywagon Champion Author New York Posts:14,883 Points:1,440,370 Joined:Oct 2008	Message Posted: May 30, 2012 10:44:22 PM Ignore sillywagon Report Abuse Fuzzy math!!! If you use the sticker price BEFORE the tax credits... it's more like 20% lost value in the first year for Volt and Leaf.
abcdMA Champion Author Worcester Posts:7,922 Points:1,574,980 Joined:Nov 2008	Message Posted: May 30, 2012 10:44:18 PM Ignore abcdMA Report Abuse read the print---it retains 95% of the price AFTER the $7,500 federal tax break, in other words, the car loses about 27% in the first year
outlaw329 Champion Author Austin Posts:7,611 Points:1,373,430 Joined:Aug 2008	Message Posted: May 30, 2012 10:41:54 PM Ignore outlaw329 Report Abuse Not getting one!
DustyHorse Champion Author Virginia Posts:6,085 Points:1,391,805 Joined:Oct 2008	Message Posted: May 30, 2012 10:40:54 PM Ignore DustyHorse Report Abuse Interesting, I would think the price would drop significantly due since one year has been taken off the life of the battery.
billy44bo Champion Author Mobile Posts:7,207 Points:1,490,870 Joined:Feb 2008	Message Posted: May 30, 2012 10:40:17 PM Ignore billy44bo Report Abuse Still will not get one
ezone Champion Author Florida Posts:2,416 Points:946,135 Joined:Oct 2008	Message Posted: May 30, 2012 10:40:08 PM Ignore ezone Report Abuse It's hard to imagine anyone in even NEAR possession of their faculties (in other words, not a complete idiot) putting that kind of money into a Volt, new or used.
DEG Champion Author Las Vegas Posts:17,620 Points:3,494,705 Joined:Jul 2003	Message Posted: May 30, 2012 10:39:54 PM Ignore DEG Report Abuse End the giveaway of taxpayer $$$. It is nonsense to give the rich and upper middle class a $7500 tax break at the expense of the poor and middle class.
vrossi46 Champion Author San Jose Posts:2,672 Points:804,920 Joined:Oct 2008	Message Posted: May 30, 2012 10:38:40 PM Ignore vrossi46 Report Abuse so the only thing propping it up to 95% is the fed tax credit
rf6480 Champion Author Miami Posts:1,534 Points:547,055 Joined:Mar 2011	Message Posted: May 30, 2012 10:38:38 PM Ignore rf6480 Report Abuse Great, still can't afford one. Looks like it looses a lot more than that. What happened to the $7500? [Edited by: rf6480 at 5/30/2012 11:39:48 PM EST]
AUREOLAE Champion Author Oakland Posts:3,364 Points:801,165 Joined:Jan 2004	Message Posted: May 30, 2012 10:37:49 PM Ignore AUREOLAE Report Abuse I'm sure that'll be an option soon enough (battery insurance). Insurance is sold for everything else that might happen.
nwsynthetics Champion Author Oregon Posts:1,014 Points:345,675 Joined:Dec 2011	Message Posted: May 30, 2012 10:37:36 PM Ignore nwsynthetics Report Abuse Lovely............
bcok Champion Author Los Angeles Posts:2,121 Points:1,543,520 Joined:Oct 2005	Message Posted: May 30, 2012 10:34:53 PM Ignore bcok Report Abuse Can we get battery insurance?
LCSTEELERBOB Champion Author Gary Posts:2,961 Points:720,130 Joined:Oct 2008	Message Posted: May 30, 2012 10:34:20 PM Ignore LCSTEELERBOB Report Abuse yesterday ???
Tucker16 Champion Author Ottawa Posts:1,159 Points:543,780 Joined:Jul 2006	Message Posted: May 30, 2012 10:33:32 PM Ignore Tucker16 Report Abuse Meh.
Wierbe Champion Author Cincinnati Posts:3,752 Points:1,119,115 Joined:Apr 2006	Message Posted: May 30, 2012 10:33:19 PM Ignore Wierbe Report Abuse Let's see where the car's value goes as the batteries approach the end of their life.
BlueberryFocus All-Star Author Rochester Posts:553 Points:128,760 Joined:Feb 2012	Message Posted: May 30, 2012 10:30:06 PM Ignore BlueberryFocus Report Abuse I think this is a good thing, they are holding their value.
mstearno Champion Author Dayton Posts:8,066 Points:1,731,235 Joined:Jan 2008	Message Posted: May 30, 2012 10:27:10 PM Ignore mstearno Report Abuse pipe dream
LV_Mike1 Sophomore Author Las Vegas Posts:219 Points:45,290 Joined:Aug 2003	Message Posted: May 30, 2012 10:26:46 PM Ignore LV_Mike1 Report Abuse The thing I'll never understand is WHY they discarded the EV1 and they're making such a fuss over these two cars...the Volt and the Leaf. The EV1 made these two cars look like **** both in aesthetics and mileage and speed. I will NEVER understand it!
Kaiyne Champion Author Chicago Posts:2,339 Points:472,715 Joined:Feb 2011	Message Posted: May 30, 2012 10:26:14 PM Ignore Kaiyne Report Abuse ok.
jjfisher All-Star Author Toledo Posts:546 Points:748,440 Joined:Aug 2008	Message Posted: May 30, 2012 10:25:29 PM Ignore jjfisher Report Abuse interesting
liz72601 Rookie Author Arkansas Posts:48 Points:169,185 Joined:Sep 2011	Message Posted: May 30, 2012 10:25:25 PM Ignore liz72601 Report Abuse cool
feistyfella All-Star Author Georgia Posts:881 Points:193,845 Joined:Jun 2010	Message Posted: May 30, 2012 10:22:40 PM Ignore feistyfella Report Abuse Nice.
kcboy Champion Author Utah Posts:3,968 Points:1,507,800 Joined:Jun 2005	Message Posted: May 30, 2012 10:21:57 PM Ignore kcboy Report Abuse Ok but it is still to much money.
Shakleelady31 All-Star Author Fort Wayne Posts:571 Points:401,600 Joined:Jan 2012	Message Posted: May 30, 2012 10:21:52 PM Ignore Shakleelady31 Report Abuse Interesting.
IUVidiot Champion Author Indiana Posts:3,585 Points:708,360 Joined:Jun 2011	Message Posted: May 30, 2012 10:16:38 PM Ignore IUVidiot Report Abuse k
saleboss Champion Author Phoenix Posts:3,929 Points:1,177,875 Joined:Feb 2006	Message Posted: May 30, 2012 10:16:23 PM Ignore saleboss Report Abuse How much is it worth when the battery needs to be replaced at year 5?
DaNewt Veteran Author Illinois Posts:457 Points:101,180 Joined:May 2011	Message Posted: May 30, 2012 10:16:18 PM Ignore DaNewt Report Abuse Ever look into the repair costs down the road? At the DEALER, where we all know you get the most competitive pricing :( As far as the 7500 tax break... they'll just raise the taxes on 'everyone' not just the Leaf owners. Now that's fair, right?
luvmyburgi Champion Author Ohio Posts:5,825 Points:959,245 Joined:Sep 2005	Message Posted: May 30, 2012 10:15:44 PM Ignore luvmyburgi Report Abuse WOW!!!!!!!!!!!!!!!!!!
aggietim Champion Author Fort Worth Posts:1,756 Points:693,325 Joined:Oct 2008	Message Posted: May 30, 2012 10:13:44 PM Ignore aggietim Report Abuse wow
ClevelandWheele Veteran Author Florida Posts:308 Points:285,185 Joined:Dec 2010	Message Posted: May 30, 2012 10:09:16 PM Ignore ClevelandWheele Report Abuse Blah blah
iamforiu Champion Author Indiana Posts:3,570 Points:710,665 Joined:May 2011	Message Posted: May 30, 2012 10:07:11 PM Ignore iamforiu Report Abuse k
toneOH All-Star Author Ohio Posts:551 Points:32,195 Joined:May 2011	Message Posted: May 30, 2012 10:05:14 PM Ignore toneOH Report Abuse k
SandeeC Champion Author Ontario Posts:2,988 Points:460,480 Joined:Apr 2011	Message Posted: May 30, 2012 10:02:26 PM Ignore SandeeC Report Abuse Sounds good but I still wouldn't buy one. And the battery issue is still there.
porotito Champion Author Houston Posts:2,150 Points:579,685 Joined:Dec 2010	Message Posted: May 30, 2012 9:58:05 PM Ignore porotito Report Abuse Good investment then...if it doesn't blow up.
WBBNC Veteran Author North Carolina Posts:499 Points:488,640 Joined:Jan 2011	Message Posted: May 30, 2012 9:57:15 PM Ignore WBBNC Report Abuse I'm still not buying it