Executive Automotive Analyst
NADA Used Car Guide
NADA Used Car Guide analyzed several manufacturers’ one-year retention values, as had been done recently on one-year old luxury models. These mainstream models were chosen based on the most popular trim level of the model as determined by its share of new vehicle sales. The retention values come from a calculation from a three-month average (Oct-Dec. 2014) of NADA’s average trade-in value divided by a vehicle’s typically equipped MSRP.
Chevrolet Impala with Front-Wheel Drive Redesigned from the Ground Up:
2014 Impala had 9.1-percentage point increase in 1-year retention versus 2013 model.
Jeep Brought Back Cherokee Nameplate in 2014 After Long Hiatus:
Cherokee saw strong new vehicle sales and strongest retention for Sport 4WD.
Completely Redesigned Toyota Highlander Has New Sheet Metal and Interior:
Used value retention in 2014 Highlander grew to 78.8% from outgoing model’s 77.2%.