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John Goreham    November 10, 2020 - 1:08PM

In reply to by NormT (not verified)

Thanks for noting that Norm. When I first saw the study I thought that exact same thing. GM leans very heavily on incentives to create a sense of "deep discounting." Those steep discounts on new vehicles from MSRP definitely make the resale value look worse. However, this study is a bit different. It is not comparing new Volt prices to used and showing a steep decline. Rather, this study is comparing the average used Volt process from October 2019 to the average of used Volt prices to this past month. And all the vehicles in the study were compared in a like manner. In the end, the Volt was the used vehicle that saw the steepest decline overall. Thanks for taking time to comment. We appreciate it.

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