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Home » Greatest leased automobiles to purchase and promote for highest revenue in Seattle

Greatest leased automobiles to purchase and promote for highest revenue in Seattle

Because the microchip scarcity continues to have an effect on new and used automotive provide, Seattle drivers who’ve leased autos are in a novel state of affairs: the flexibility to purchase them out and promote for revenue.

iSeeCars, a automotive search engine that helps customers discover the most effective automotive offers, just lately examined over 10 million automotive gross sales and located the typical value for a used automotive is roughly 31% increased than its residual worth estimated in the beginning of the lease. Utilizing knowledge from three years in the past, iSeeCars in contrast the anticipated three-year residual of recent automobiles from 2018 with the present costs of used automobiles from 2018 to see which automobiles can doubtless be bought on the finish of their lease time period and offered for the best revenue.

“Sellers calculate a automobile’s residual worth primarily based on its projected depreciation, and this worth is locked in in the beginning of a automotive’s lease,” mentioned iSeeCars Govt Analyst Karl Brauer. “With used automotive costs at file highs, the market worth of leased automobiles is considerably increased than their residual worth, which implies that lessees should purchase the automotive on the finish of their lease time period and promote it themselves for a big revenue.” 

iSeeCars was capable of establish the highest autos with the best improve in predicted value. The automobiles on this checklist are 1.5 to 1.9 occasions increased in value than the typical automobile.

Preserve scrolling to see which leased automobiles are the most effective to purchase again and promote in the meanwhile:

10. Mazda MAZDA6

$ Market worth improve over predicted worth: $7,193

% Market worth improve over predicted worth: 46.8%

9. Hyundai Elantra

$ Market worth improve over predicted worth: $5,319

% Market worth improve over predicted worth: 47.9%

8. Chevrolet Malibu

$ Market worth improve over predicted worth: $6,392

% Market worth improve over predicted worth: 48.2%

7. Nissan LEAF

$ Market worth improve over predicted worth: $6,167

% Market worth improve over predicted worth: 48.3%

6. Chrysler 300

$ Market worth improve over predicted worth: $8,084

% Market worth improve over predicted worth: 49.2%

5. Volkswagon Passat

$ Market worth improve over predicted worth: $6,400

% Market worth improve over predicted worth: 49.3%

4. Nissan Altima

$ Market worth improve over predicted worth: $6,228

% Market worth improve over predicted worth: 49.4%

3. Chevrolet Camaro

$ Market worth improve over predicted worth: $12,346

% Market worth improve over predicted worth: 52.9%

2. Dodge Charger

$ Market worth improve over predicted worth: $11,806

% Market worth improve over predicted worth: 55.9%

1. Volkswagon Tiguan

$ Market worth improve over predicted worth: $8,677

% Market worth improve over predicted worth: 61.3%

Proceed Studying