Is the 2015 Ford Focus Residual Value Worth It?
Most of our West Michigan drivers who shop for small cars are seeking something that makes for a good investment, so we thought we would look at the 2015 Ford Focus S residual value and see how it compares to a top competitor. We put the 2015 Honda Civic LX Sedan with CVT up against the Focus S to find out which one retains its value the longest.
But first, what is residual value, and why do we think it’s something you should be concerned with on a new car?
What is Residual Value?
If you already know what residual value is, you can skip on down to the next section and see us compare these two small cars. For those who are unsure, here’s a quick definition:
Residual value is a measurement of the value of a vehicle after a certain period of ownership, expressed as a percentage of its initial purchase price.
Once you take ownership of a vehicle, its value starts to depreciate with use and time, and the residual value lets you compare just how quickly it depreciates compared to its competitors. Companies like ALG crunch the numbers and predict residual values for new vehicles so that you can have an idea of whether or not a new car is a good enough investment for you.
Comparing the Civic and Focus
Now that you know a bit about residual value, how do these two popular small cars stack up?
- The 2015 Honda Civic LX Sedan with CVT has an ALG residual value of 50% at 36 months and 36% at 60 months.
- The 2015 Ford Focus S only has a 36-month residual value of 43%, dropping down to only 30% at 60 months.
We can’t know for sure everything that caused ALG to rank the Civic so high and the Focus so low on residual value, but we think a great deal of the difference can be found in Honda’s standard features. See a breakdown of the standard amenities of these two models in our 2015 Ford Focus and Civic comparison.
See the Difference Firsthand
We want to show you what separates the Civic from the rest of the pack; it outdoes the 2015 Ford Focus on more than just residual value. Visit a West Michigan Honda Dealer near you today to get behind the wheel of a new Civic and experience it for yourself.