http://autos.msn.com/advice/CRArt.aspx?contentid=4024366

Today on MSN I came across a pic of the RS4.0 featured for a Consumer Reports article naming the top and bottom ten cars for depreciation and value. Scion xB takes #3 and the xA is #9 on the top ten list! :clap:

clap! go box and your amazing ways!!

Nice! Two Scions on the list.

It should have beat the Mini.

This is great news... Not that I'd ever sell my xB.

No car on the top ten list is American.

Every car on the bottom ten list is American. (Counting Chrysler, here.)

Detroit has a LONG way to go...

it is giong to be even better for us box owner when they are done with the rs4.0 and they dont make them any more prices will go up

Barrett-Jackson here we come in 20 years!

In the top 10 list, 5 cars are built by Toyota. Thats half the list :D

I'm not at all impressed w/ the "value" of my box!!! I was going to trade my 06' BSP in on the RS4, but they would only give me $12,000 and I owe $20,000. They said the value has gone down alot, because there are so many now and alot on the Scion lots, not like over a year ago.

I'm not at all impressed w/ the "value" of my box!!! I was going to trade my 06' BSP in on the RS4, but they would only give me $12,000 and I owe $20,000. They said the value has gone down alot, because there are so many now and alot on the Scion lots, not like over a year ago.

WTF how did you pay over 20k for your xB?? 12000 is what i was quoted for trading in my xB (i was only curious not serious)...so it's about average i guess. you must have loaded it to the max and some more to pay 20k+

I checked KBB.com and did a check on the value of my wifes 05' just for fun. They said that I could expect around 12k if I traded it in and close to 14 if I sold it outright. I only owe 9k on it. I thought about trying to trade it for an RS4 but she hated the color and didn't want a higher car payment.

I'm not at all impressed w/ the "value" of my box!!! I was going to trade my 06' BSP in on the RS4, but they would only give me $12,000 and I owe $20,000. They said the value has gone down alot, because there are so many now and alot on the Scion lots, not like over a year ago.

A) What you owe, and what the vehicle are worth are not related. Example, if you owed nothing, you'd want far more than nothing for the car, no?

B) Accessories don't really add jack to the resale value on a dealer's lot. Sorry, it's true. In fact, if you had gotten a bone stock box, the trade in would have been identical!

C) It's an 06. You just bought it. The first 12 months are the biggest drop in value is the first year. However, if you bought your 06 box in Jan, or July, or Sept, the trade in value would have been the same, give or take a few hundred for miles. The good news is, at around this time next year, that 12k will still be good, and the year after that it'd still be close.

D) Fact: Dealers want to make money. Fact: Dealers make most of their cash on used cars. Fact: Used cars compete against new cars for sales. So, in order for the delaer to realistically market the box they were trying to buy from you, they'd have to sell and advertise it for less than a new one, right? How much less than a new one would it be worth to save in order to be worth it to buy used? The dealer wanted to pay you 12k, they'll spened $500 on recon and safety checks and all that jazz, and then, they'll put it on the lot for 16k. In order to sell the car, they'll end up discounting to 14, leaving them with a $1500 profit before paying commissions. But, they want to make a minimum of 2k on used cars, and most dealers average $3k on their used cars.

The major difference between the Box and other cars near that price range is in the second and third years of ownership when they don't drop in value by another 1/2. For example, take a Ford Focus at 16k. try to trade it in at the 12 mos mark, and you'll get 9k. in 24 mos, 6k. in 36 mos, 4k. A loss of 12k in 3 years (and most folks will still owe for another 4 years at this point!!!!). contrast that with the box, and 36 mos of ownership will bring you 9k, a loss of only 6k.

No car on the top ten list is American.

Every car on the bottom ten list is American. (Counting Chrysler, here.)

Detroit has a LONG way to go...

My thoughts exactly!

-THE DON

I don't understand how the tC isn't on the list of ten. Though the xA/B do hold their value very well (and sell for about the same if not more than a new one) the tC trumps what the smaller siblings do. Several tCs that have been sold here at Tucson dealers over the past year that I have been working in Scion have sold 4k+ over a new one... Some on our own lot! Amazing what it does to the value when the "Model Year End Clearence Sale" doesn't exist. Way to go Toyota yet again.

that 10 wrost list is crap. the crown vic/town car/grand mar. are the same car as is the caravan/town&country, and the buick rainer/gmc envoy. they owe me 4 more cars.

I don't understand how the tC isn't on the list of ten. Though the xA/B do hold their value very well (and sell for about the same if not more than a new one) the tC trumps what the smaller siblings do. Several tCs that have been sold here at Tucson dealers over the past year that I have been working in Scion have sold 4k+ over a new one... Some on our own lot! Amazing what it does to the value when the "Model Year End Clearence Sale" doesn't exist. Way to go Toyota yet again. The tC is a nice car, but it does not have the practicality of an xB, nor does it get the milage that an xB gets. I looked at a tC and I am glad I didn't get one. I have a one year old and the space of the xB is much easier to work with.

plus the tc to xB ratio is over 2:1. its about as exciting as a trip to pittsburgh

in my area, for every 20 tCs i see, i see 6 xBs and 3 xAs.

I don't understand how the tC isn't on the list of ten. Though the xA/B do hold their value very well (and sell for about the same if not more than a new one) the tC trumps what the smaller siblings do. Several tCs that have been sold here at Tucson dealers over the past year that I have been working in Scion have sold 4k+ over a new one... Some on our own lot! Amazing what it does to the value when the "Model Year End Clearence Sale" doesn't exist. Way to go Toyota yet again. The tC is a nice car, but it does not have the practicality of an xB, nor does it get the milage that an xB gets. I looked at a tC and I am glad I didn't get one. I have a one year old and the space of the xB is much easier to work with.

The tC wasn't available until mid 2004 as an 05 model if i'm mistaking. Keep in mind that these cars are 2004 models which were available in mid or near the ending of 2003. I Bought two 05 model xB's in July and November of 2004. I guess will have to wait for next year to see how the 05 models held up including the tC.

No car on the top ten list is American.

Every car on the bottom ten list is American. (Counting Chrysler, here.)

Detroit has a LONG way to go...

qft

The tC will be #1 next year for sure!

"I'm not at all impressed w/ the "value" of my box!!! I was going to trade my 06' BSP in on the RS4, but they would only give me $12,000 and I owe $20,000. They said the value has gone down alot, because there are so many now and alot on the Scion lots, not like over a year ago."

Sounds fishy- how did you end up paying over $20K in the first place? One of those trade-in rollover deals where you owed $10K, but they'd only give you $5K, financed the difference?

My 06.5 TCM xB was only $16K out the door, including prep, taxes and floormats...

WOW The top ten list was all Import cars. The U.S. Have to step up the game a little or alot.

when i was looking to buy my xb.. theres was a used one sitting there that had all the add-ons already.. nice wheels, trd lowering package, great sound sytstem.. carbon fiber trim.. the asking price was a little over 12,000 as my new one, which only came with the armrest and ipod stereo thingy.. was a little over 15,000 which goes to show.. modding does nothing for the value of your car...

id rather have the new one anyways.. customize it myself..

For someone who owes 20k for a scion xb either they got alot of accessories in which the bluebook value does not account for, or they got a pretty high intrest rate on there auto loan. I just checked out my resale value for my xB from Kelly Blue Book (with 28000 miles in excellent condition) and it comes to this:


Trade in Value with 28000 miles

Excellent: $11775
Good: $11005
Fair: $9630

Private Party Value

Excellent: $13450
Good: $12575
Fair: $11435

Suggested Retail Value (Dealer's resale)

Excellent: $15195
Starting point for dealers for negotiation price.


I can understand why the dealer would only give you around 12000, thats because their quoting on "Trade-in" value. Trade in value is always the lower than the actuall resale value of the vehicle. I owe about 11000 on my xb, and its goood to know that the resale value is higher than what I owe. :clap:

i love how 5 of the top ten are toyotas... and there are no domestics! kick azz!

i love how 5 of the top ten are toyotas... and there are no domestics! kick azz!
...or sad. :(

i love how 5 of the top ten are toyotas... and there are no domestics! kick azz!
...or sad. :(

eh... not sad to me... its survival of the fittest... ford and gm are just stuggling to survive... toyota has has room to breathe and can just focus on making great cars

Goodo Job Go scion!!! .. and half the list is toyota products. and the bottom ten.. mostly dometic .. go figure..

A) What you owe, and what the vehicle are worth are not related. Example, if you owed nothing, you'd want far more than nothing for the car, no?

B) Accessories don't really add jack to the resale value on a dealer's lot. Sorry, it's true. In fact, if you had gotten a bone stock box, the trade in would have been identical!

C) It's an 06. You just bought it. The first 12 months are the biggest drop in value is the first year. However, if you bought your 06 box in Jan, or July, or Sept, the trade in value would have been the same, give or take a few hundred for miles. The good news is, at around this time next year, that 12k will still be good, and the year after that it'd still be close.

D) Fact: Dealers want to make money. Fact: Dealers make most of their cash on used cars. Fact: Used cars compete against new cars for sales. So, in order for the delaer to realistically market the box they were trying to buy from you, they'd have to sell and advertise it for less than a new one, right? How much less than a new one would it be worth to save in order to be worth it to buy used? The dealer wanted to pay you 12k, they'll spened $500 on recon and safety checks and all that jazz, and then, they'll put it on the lot for 16k. In order to sell the car, they'll end up discounting to 14, leaving them with a $1500 profit before paying commissions. But, they want to make a minimum of 2k on used cars, and most dealers average $3k on their used cars.

The major difference between the Box and other cars near that price range is in the second and third years of ownership when they don't drop in value by another 1/2. For example, take a Ford Focus at 16k. try to trade it in at the 12 mos mark, and you'll get 9k. in 24 mos, 6k. in 36 mos, 4k. A loss of 12k in 3 years (and most folks will still owe for another 4 years at this point!!!!). contrast that with the box, and 36 mos of ownership will bring you 9k, a loss of only 6k.

^^^ You are right on the money.

One thing I would add though....is sometimes dealers can get caught up in the hype as well. I wanted to trade my Box for an xA. My Box was an '06 TCM auto, 10K miles, owned for almost a year. I cleaned and detailed it until it looked better than new. I left the rims and springs on it and took it in on a "slow" day.

The used car manager loved it. Bottom line? I netted $15,500 on a trade-in. :eyes:

They put it on the lot with the new ones, asking $17,900. A couple of weeks later it was gone...though I don't know what they sold it for.

I will say that this happened last spring, when xB's were red hot....even more so than they are now.

do you guys think the value will stay high - even if they discontinue the xa and xb?