Commercial Vehicles With the Highest Resale Value
When you’re shopping around for a new vehicle, it’s important to look not only at the price, but at the resale value, so that you know what to expect when it comes time to sell it or to trade it in for something new. That is especially true when you are a business owner looking for a commercial van or truck as every penny counts when you own and run your own business. For that reason, we thought it would be helpful to take a look at the commercial vehicles with the highest resale value.
Just recently, the 2015 Ford Transit Connect van and F-350 Super Duty pickup were both honored with Edmunds.com 2015 Best Retained Value Awards. The awards recognize vehicles that have the highest projected residual value after five years of ownership, and the Transit Connect and F-350 were high on the list of resale values of commercial vans and commercial trucks respectively.
As you likely know, the value of all vehicles depreciates over time. They depreciate at different rates, however, as some vehicles last longer, and have a higher demand in the used market. For that reason, resale value is something that should be taken seriously, as it not only helps the vehicle to sell after a few years of use, but to sell for a much higher price. Let’s take a quick look at some percentages.
According to Edmunds.com, for the Transit Connect, the average retained value after five years is 47 percent. For the F-350 Super Duty, that number is even higher at 58.5 percent. Considering that most vehicles don’t even come close to holding 50 percent of their value after five years, the percentages of both commercial Ford models is quite astounding. The resale value is not the only benefit, however.
The Transit Connect has procured a few other awards this year, including the ALG’s Best Resale Value among midsize commercial vans. The XLT short-based wheelbase midsize van also managed to earn the Vincentric Best Fleet Value in America award in the mini passenger commercial van category.
With a couple of awards under their belt already, the Ford Transit Connect and the F-350 Super Duty are definitely great options for those looking to get a commercial vehicle. The high resale value is just another feather in both of their caps. If you are interested in learning more about either of the Ford offerings, we encourage you to check out our inventory and get in touch with us here at Matt Ford.
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