Resale Values for Detroit Vehicles Go Up
Ford shows particularly strong growth in estimated three-year residual values of 2008 models.
After big cuts in how many vehicles they're building, the three Detroit automakers are starting to see increases in estimates of how much their new models will be worth as used cars, USA Today reports. Buyers are willing to pay more for a new car if they believe it will have retained more of its value when it comes time to trade it in or resell it in three or five years. Strong resale values also help lower the cost of auto leases. If an automaker knows a car will be worth more when it's traded in after the lease expires, it can offer a lower monthly rate. Ford Motor, along with Japanese automaker Nissan, shows particularly strong growth in estimated three-year residual values of 2008 models, Jairam Nathan, a Banc of America Securities analyst, says in a new report. Ford introduced smaller models, such as its Edge crossover, while abandoning slow-sellers, such as the Freestar minivan and the old Taurus sedan, which was being sold mainly into rental and corporate fleets. Nathan's figures, based on Auto Leasing Guide (ALG) data, also show used car values up at General Motors and Chrysler. But while they are showing improvement, domestic brands haven't caught up with most import brands on resale values, according to Kelley Blue Book and ALG. According to USA Today, while Autodata reports that GM, Ford and Chrysler sales have slipped 5.7 percent, 13 percent and 3.5 percent, respectively, for the first 10 months of this year, lower fleet sales — where overproduced cars often end up — have been cited as a key reason.
More Small Fleet

Why Fleet Managers Are Replacing Departmental Vehicles with Shared Motor Pools
Departmentally assigned vehicles often create hidden costs through underutilization, poor visibility, and increased administrative burden. This white paper explores how shared motor pool strategies help fleets reduce costs, improve accountability, and optimize vehicle utilization.
Read More →
Boosting Last-Mile Fleet Uptime, Safety, and Value with AI Vehicle Inspections
AI-powered inspections are transforming last-mile fleets by replacing manual checks with highly accurate automated scans that detect defects in seconds. By giving fleet operations visibility into the daily condition of their vehicles, you can identify trends over the vehicle’s lifecycle that enable improved procurement decisions, route management, driver training and accountability.
Read More →
Five Ways Seat Belts Help Prevent Injuries
There are five ways seat belts protect occupants from injuries, according to the Tennessee Department of Safety and Homeland Security.
Read More →
It’s here: The 2026 Fleet Technology Trends Report
What does AI mean for fleets? Get the answer — and learn other top tech trends.
Read More →
Small Fleets, Big Impact: How Independent Drivers Power Wreaths Across America
Check out how small fleets and independent drivers power Wreaths Across America each December and why their impact matters more than ever.
Read More →
VMS Survey Finds 65% of Small Fleet Managers Run Operations Alone
A new VMS survey shows small fleet managers are stretched thin, with most handling operations solo and eager to adopt digital tools for relief.
Read More →
Tips for Driving Safely on Halloween Night
This video features a reminder from the Connecticut Department of Transportation (DOT) and the Connecticut Police Chiefs Association, urging drivers to prioritize safety this Halloween.
Read More →
AI, Access, and Uptime: VMS’s Next Chapter with David Prusinski
VMS’s new Co-CEO, David Prusinski, shares how an AI-first approach will give small fleets and repair shops the tools to compete like big players.
Read More →
Fleet Managers Share Winter Prep Tips: It's Never Too Early!
Three fleets share best practices to prep vehicles for winter and prevent downtime when the cold sets in.
Read More →
Hot Weather Driving Tips for Fleet Drivers
As we head into another potentially extreme summer season, the risks for fleet drivers remain high, from engine strain and tire blowouts to unpredictable traffic patterns. An expert shares advice on how fleet drivers can boost their safety during the steamy summer months.
Read More →
