Re: To Hybrid or Not - resale?
I will take a slightly different approach.... I'm not going to guess at the residual value of the Camry. However, I believe that they will continue to be a "hot item" and will be discounted little, if at all, for several years.
I'm basing this on the Prius, which has been out for a long time. It is still moving as fast as it arrives at the dealerships. Discounts are little, if any. Resale values are high.
The Camry is much more of a "mainstream" family car. I see demand remaining high, discounts low or nil, and residuals high. It is unclear what effect the tax credit issues will have on the car value.
|