With more and more people trying to get into more fuel efficient cars, resale values of used cars is going up. From Forbes.com.
>It’s not just used hybrids seeing a price increase, however. This year’s Mini Cooper buyers expecting to find a lower-priced used 2007 Mini were in for a big surprise. They paid, on average, $2,300 more for a used Mini in mid-June, a 12% increase over the average transaction price on Jan. 1 of this year. The car has proved its value during the past six months; it gets an average EPA estimated 29 mpg.
And MINI is on top of the used car resale value list, with price _increases_ from 7.4% to 11%! But that’s nothing we didn’t already know.
[ Used Cars Make a Comeback ] Forbes.com