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Estimated True Values of the Big Three's 2007 Vehicles
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The Estimated True Values of the Big Three's 2007 Vehicles
The following table provides:
1. The estimated Manufacturer Suggested Retail Price Ranges of 2007 Ford Motor Company vehicles, Lincoln vehicles, Mercury vehicles, Ford vehicles, General Motors Corporation vehicles, Buick vehicles, Cadillac vehicles, Chevrolet vehicles, GMC vehicles, Pontiac vehicles, Saturn vehicles, Chrysler Group vehicles, Jeep vehicles, Chrysler vehicles, and Dodge vehicles,
2. The estimated Manufacturer Suggested Retail Prices of a typical 2007 Ford Motor Company vehicle, Lincoln vehicle, Mercury vehicle, Ford vehicle, General Motors Corporation vehicle, Buick vehicle, Cadillac vehicle, Chevrolet vehicle, GMC vehicle, Pontiac vehicle, Saturn vehicle, Chrysler Group vehicle, Jeep vehicle, Chrysler vehicle, and Dodge vehicle,
3. The estimated fractional losses of true value resulting from accelerated deterioration of a typical 2007 Ford Motor Company vehicle, Lincoln vehicle, Mercury vehicle, Ford vehicle, General Motors Corporation vehicle, Buick vehicle, Cadillac vehicle, Chevrolet vehicle, GMC vehicle, Pontiac vehicle, Saturn vehicle, Chrysler Group vehicle, Jeep vehicle, Chrysler vehicle, and Dodge vehicle,
4. The estimated true value ranges of 2007 Ford Motor Company vehicles, Lincoln vehicles, Mercury vehicles, Ford vehicles, General Motors Corporation vehicles, Buick vehicles, Cadillac vehicles, Chevrolet vehicles, GMC vehicles, Pontiac vehicles, Saturn vehicles, Chrysler Group vehicles, Jeep vehicles, Chrysler vehicles, and Dodge vehicles, and
5. The estimated true values of a typical 2007 Ford Motor Company vehicle, Lincoln vehicle, Mercury vehicle, Ford vehicle, General Motors Corporation vehicle, Buick vehicle, Cadillac vehicle, Chevrolet vehicle, GMC vehicle, Pontiac vehicle, Saturn vehicle, Chrysler Group vehicle, Jeep vehicle, Chrysler vehicle, and Dodge vehicle.
For computational methodology, see "True Value Estimates of GM's 2007 Vehicles," Auto on Info, November 2006 and "The 2006 Updates: Toyota Age-Equivalent Estimates: Estimates of When a Typical 1998 Model of Toyota Motor Corporation Will Be as Troublesome as Typical 1998 Models of General Motors Corporation and Its Several Marques Were Circa 3 Years, 4 Years, ..., and 7 Years of Age," Auto on Info, November 2006.
Advisories:
1. The foregoing estimated true values are based on the frequencies of reported serious problems within the first three years of a vehicle's life; consequently, they may overstate the true worth of a Big Three vehicle. For some discussion, see "True Value Estimates of GM's 2007 Vehicles," Auto on Info, November 2006.
2. Many Big Three owners may have lower awareness and/or lower standards; consequently, serious problems with Big Three vehicles may be understated and the above estimated true values may overstate the true worth of a Big Three vehicle.
3. The above estimated true values take account of reported serious problems only; when account is taken of lesser problems and irritants, the true worth of a Big Three may be less or much less.
4. The following table provides the median value of a new Big Three vehicle as assessed by Auto on Info mini-survey respondents reporting ownership of a Reliable Two product - a product by Toyota Motor Corporation or Honda Motor Company - on or before July 8, 2005.
Median Value of a New Big Three Vehicle as Assessed by Mini-Survey Respondents Reporting Ownership of a Reliable Two Product on or before July 8, 2005, by Manufacturer Manufacturer Big 3 Vehicle Valued at Only 50% of What Is Currently Asked Big 3 Vehicle Valued at Nothing Big 3 Vehicle Valued at Nothing Plus Respondent Would Require $20,000+ per Year to Drive It Big 3 Vehicle Valued at Nothing Plus Respondent Would Require $200,000+ per Year to Drive It Respondent Unwilling to Own a Big Three Vehicle under Any Circumstance Toyota Motor Corporation √ Honda Motor Company √ The Big Three manufacturers are General Motors Corporation, Ford Motor Company, and the Chrysler Group of DaimlerChrysler AG. See Glossary. To view more results or to express your assessment of the value of a new Big Three Vehicle, go to Mini-Survey No. 31, "The True Value of a Big Three."
Also see Mini-Survey No. 52, "A Toyota Owner Satisfaction Poll with Enquiries into Toyota Durability."
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