Glossary / General

resale value

67 Episode Mentions

Too Afraid to Ask

Resale value is how much you can sell a car for after you own it. Good cars keep more of their value.

Technical Definition

Resale value is the amount a vehicle can be sold for after ownership. It depends on factors like brand reputation, condition, mileage, and market demand.

Hear It Discussed

"What is that going to do to resale values of these? Because resale value is the four-by-e's are already terrible."
Savage Geese, The Truck-Jeep Love Child, What Your Mechanic Buys | Episode 1,021 Everyday Driver Car Debate 07:42

"[2916.2s] You're going, oh, I'm going to steal this thing for $150,000. Well, you're in for a nightmare of problems and no real resale value."
Greg Stanley, former RM Sotheby’s car specialist, talks about the collector car market, his podcast, book series and more. CarCast 48:39

"...Especially for EVs that the resale value absolutely craters. I mean, we have sold some EVs for half of what we bought them for just a year later."
Best Used EVs, Renting with Turo + Sixt, Rivian Reliability + Owner Satisfaction Talking Cars (MP3) 10:49