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Home Videos

Why Used Toyotas And Hondas Are So Expensive

DeFi Daily News by DeFi Daily News
November 2, 2024
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Toyota and Honda have been called boring brands – sometimes even by company insiders. But a combination of reliability, disciplined production and pricing help them hold their value better than just about any other brand. The same is true of their luxury divisions Lexus and Acura. CNBC digs into how they got here and explores what could knock them off the podium.

Chapters:
01:18 Introduction – Why Toyota and Honda have the highest resale values
01:27 Chapter 1 – Standout brands
02:55 Chapter 2 – Selling without incentives
07:50 Chapter 3 – Production discipline
10:59 Chapter 4 – Risks

Producer: Robert Ferris
Editor: Andrea Miller
Animation: Mallory Brangan
Senior Managing Producer: Tala Hadavi
Additional footage: Getty Images, Toyota, Honda, Acura, Lexus

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Want to earn more money at work? Take CNBC’s new online course How to Negotiate a Higher Salary. Expert instructors will teach you the skills you need to get a bigger paycheck, including how to prepare and build your confidence, what to do and say, and how to craft a counteroffer. Register now and use coupon code EARLYBIRD for an introductory discount of 50% off through Nov. 26, 2024: https://cnb.cx/4f4s3rZ

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Why Used Toyotas And Hondas Are So Expensive

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Tags: autoauto sales USAutomobilesbusinessbusiness newscar dealershipcar depreciationcar incentivescar loses valuecar valuecarsChargingcheap carscnbcCNBC originalDepreciationelectric car priceselectric carselectric vehiclesElectrificationevev newsexpensivefinancefinancial newsFordHondaHondasIoniqLucidnew car pricesresale valuesTeslatoyotaToyotasused car marketused car pricesused car valueused carsused EV pricesUsed EVsused teslasvehicles
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