Volkswagen, Toyota and Honda vehicles hold their value longer than General Motors or Ford vehicles, according to an annual forecast by Santa Barbara, California-based Automotive Lease Guide.
Volkswagen, Toyota and Honda vehicles hold their value longer than General Motors or Ford vehicles, according to an annual forecast by Santa Barbara, California-based Automotive Lease Guide.
Volkswagens will retain the highest percentage of their original price among non-luxury brands, followed by Honda and Toyota, according to the consulting company whose data is used by car makers to help set monthly lease payments.
Among US-brand vehicles, only Jeep and GMC ranked above the industry average, a report in the Detroit News said.
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