American Obsession For Gas Guzzlers Is Killing The Resale Of Small Cars

Is there a tiny pinpoint of light that can stir some meager hope in the heart of the compact and midsize passenger car segment? No, no there isn’t.

Even as sticker prices for these vehicles rise and as manufacturers endow them with enough technological goodies to make your mom’s car from yesterday look like a chuckwagon, retained value is dropping as fast as the segments’ market share.

Once a driving force, the segment has now become a red-headed stepchild at auction.

According to data from Kelley Blue Book, no one wants to pay more for the extra content on these vehicles and it’s dragging down the industry-wide retained value average.

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nguyenvuminh - 10/28/2016 1:47:06 PM

+3 Boost

These things go in cycle I suppose. All the more important for car mfrs to have a diverse line up of models available and lexible production capability/locations.

nguyenvuminh - 10/28/2016 2:21:50 PM

+2 Boost

"flexible", not "lexible" :-)

MDarringer - 10/29/2016 9:39:18 AM

0 Boost

Auctions are starting to see brand new small cars hitting the auction block to get rid of excess stock.

TomM - 10/30/2016 5:01:25 PM

+1 Boost

All this is - is the American Market CLEARLY saying that they prefer larger vehicles - especially when the cost of gas in not a major issue. They will buy small cars when they are forced to - but it IS clear that this is the type of vehicle they actually want.

TomM - 10/30/2016 5:01:26 PM

+1 Boost