All articles tagged with #resale value
The 2020 BMW M2 has depreciated by only 28% over five years, with the M2 CS variant retaining value particularly well, making it a rare outlier among luxury cars which typically depreciate rapidly. Despite high initial prices, these models have shown strong resale value, especially the limited-edition CS, due to demand and performance appeal.
The resale value of second-hand Nintendo 3DS consoles has surged in 2025, with some units selling for up to 76% more than their original launch price, driven by nostalgia, unique features, and retro gaming appeal.
The 2020 Mazda Miata has retained about 64% of its value after five years, with depreciation rates varying by trim, and it compares favorably to similar sports cars like the Toyota 86 and Subaru BRZ in terms of value retention.
The faster depreciation of EVs compared to gas cars is largely due to rapid technological advancements making older models less desirable, coupled with market factors like subsidies and high initial prices. While EVs lose value quickly, this trend may reflect ongoing innovation rather than lack of demand, and improvements in battery technology and new models suggest the depreciation rate could stabilize over time.
The resale value of electric vehicles is rapidly declining worldwide, especially impacting fleet operators and private owners, due to uncertainties about battery lifespan and market valuation, with Tesla retaining value better than Chinese brands, and regional differences affecting resale prices. Emerging battery-as-a-service models and improved battery data are seen as potential solutions to stabilize the market.
A three-year-old Ford Bronco depreciates about 36%, slightly better than the average 39% for new cars in the U.S., thanks to its high desirability, versatile configurations, and strong market demand, which help it retain value better than many other vehicles.
The resale value of an Oscar statue is strictly regulated by the Academy of Motion Picture Arts and Sciences, with winners required to sign an agreement prohibiting resale without first offering it to the Academy for $1. Legal battles have ensued when individuals attempted to sell their Oscars without adhering to this rule, but there have been instances where the Academy lost cases against resale. Notable sales include Michael Jackson purchasing an Oscar for $1.5 million and Steven Spielberg buying Clark Gable's Oscar for $607,500.
Range Rovers have become a prime target for thieves in the UK, leading to a surge in thefts and a decline in their resale value. Criminals have developed sophisticated methods, including relay attacks, to steal these luxury SUVs. The theft epidemic has made it difficult to insure Range Rovers in major UK areas. In response, Jaguar Land Rover (JLR) has invested £10 million in retrofitting older models to enhance their security and reduce thefts. While these measures have resulted in a 40% decrease in stolen Range Rovers, the resale value of the vehicles has dropped by 9.3% due to widespread knowledge of their vulnerability. However, sales of new Range Rovers remain strong, indicating that the thefts have not deterred buyers.
Car-rental company Sixt is phasing out Tesla's electric vehicles (EVs) from its fleet due to lower resale value and higher repair costs. The decision comes as Tesla's price cuts have impacted residual values. Sixt still plans to electrify up to 90% of its fleet in Europe by the end of the decade. This follows similar concerns raised by Hertz Global Holdings about the rental Teslas and fleet value. Tesla shares traded lower, down 1.4% on Monday, but have seen significant yearly gains.
After nearly 4 years of ownership, a Tesla Model 3 Standard Range Plus has depreciated by 58%, with an estimated trade-in value of just over $20,000, representing 42% of its initial purchase price. However, when factoring in the exclusion of Full Self Driving (FSD) from the original price, the depreciation rate increases to 51.5%. The author contemplates trading in the vehicle but expects the trade-in value to remain relatively stable in the coming years.
When it comes to kitchen cabinets, white is the preferred color for potential homebuyers, according to real estate agent Jennifer Leahy. Dark colors, such as deep blue, are seen as a commitment and may deter buyers. Leahy advises sellers to paint their cabinets white to appeal to a wider audience. However, if you plan on staying in your home for a while, you can still consider blue cabinets, as trends change over time.
iPhone X and iPhone 8 users won't be able to download the new iOS 17, which could lead to a significant drop in their resale value, as they become more vulnerable to security threats. Last year, iPhone 6S and iPhone 7 series lost approximately 42.8% of their worth between the announcement of iOS 16 beta and its public release. SellCell suggests selling your phone around that time if you want to get the best possible price.
A new report from sellcell shows that the iPhone 14 lineup retains its value better than Samsung's new S23 lineup and Google's Pixel 7 devices. The latest iPhones saw a drop in value of 32.3% in the first month compared to 41.1% and 43.1% for the Galaxy S23 and Pixel 7 device averages, respectively. After two months, the study found iPhone values actually improved, while Galaxy and Pixel values continued to decline. The iPhone 13 lineup did even better, only losing an average of 23.4% of value after two months compared to the 31% that the iPhone 14 lineup averaged.
The Galaxy S23 has lost 43.3% of its value in just two months, while the iPhone 14 has lost only 31% of its value in the same period. The Pixel 7 has lost the most value, with a depreciation rate of 45.9%. However, the depreciation rate does not reflect a phone's quality, and both the Galaxy S23 and Pixel 7 will be supported for five years.
A new report from Consumer Intelligence Research Partners (CIRP) found that 43% of iPhone users traded in their device, while 65% of Android users kept their old phone as a backup or to give to a friend or family member. The report suggests that lower trade-in values for Android phones and the desire for a familiar device may be reasons for this difference. Businesses like US Mobile Phones favor iPhones over Androids because they hold their resale value better and receive software updates for years. Resellers can also profit from previously-used iPhones.