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Remarketing Hybrid Electric Vehicles a Good Way to Go, Says Three Reports
2013-06-10 05:16:54| AutomotiveDigest.com - Automotive Industry News
There have been about two million hybrid vehicles sold in the US market since their launch about 12 years ago, with about 415,000 on the used vehicle market. Edmunds.com, Kelley Blue Book, and Black Book have commented on the segment. While their values arent as strong as gasoline prices dip, theyve still been a very good source for used vehicle sales. Theres market demand for dealers that can service and maintain these vehicles and its does need the right service technician training. Their retained value has been stronger than plug-in electric vehicles. Black Book also took a look at where hybrids have been going in value retention, and also found strong results for the segment but recommends that you pay careful attention for realistic forecasts for value retention for each hybrid model. The used vehicle offerings are varied now in the hybrid segment, making it more appealing for consumers to shop for hybrid choices. Read more about the three market reports recently released on remarketing hybrid vehicles. The Article Remarketing Hybrid Electric Vehicles a Good Way to Go, Says Three Reports appeared first on Automotive Digest.
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Category:Automotive
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