OrientExpress wrote:Here in California it is still $3.00 +
Cheap gas hits hybrid, EV residuals
Beware! Falling gasoline prices are hitting the residual values of used hybrids and electrics -- hard. The influx of used small cars set to return to the market over the next few years is going to make matters worse...
Over the last six months to a year, though, there has been an uptick in the Leaf's value, Ibara said. "It may have reached a place that was so low people decided, 'Hey, this is a good bargain,' and dealers were buying it and finding they could sell it. This uptick we're seeing with Leaf perhaps is a return to sanity."...
No falling LEAF values — here's why
The car whose late-model auction values showed the most positive change during the fourth quarter?
According to a Kelley Blue Book analysis, it was an electric vehicle: the Nissan LEAF.
This took place, even amid gas prices that tumbled more than 14 percent.
Specifically, KBB Auction Values on model-years 2012 through 2014 LEAF vehicles were up 3 percent in Q4 from where they were in the third quarter...
Valdemar wrote:OrientExpress wrote:Here in California it is still $3.00 +
SoCal finally dropped below $3.00, until next refinery breakdown anyway
Code: Select all
Above Average Below
Sale Price $8,200.00 $6,145.00 $3,000.00
Odometer 88,730 28,995 5,695
Total Sold All 100
Earliest - Latest Date 01/27/2016 — 02/03/2016