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May 15, 2008

Nerdy, fuel-stingy cars are hot wheels

Some of the nerdiest-looking cars in recent automotive history are making a comeback, at least in resale value, as a growing number of value-driven drivers put gas thriftiness ahead of image, according to USA Today citing Kelley Blue Book.

Early-1990s econoboxes such as Ford Festiva, Hyundai Excel and Geo Metro — once the punch line of jokes — have seen their used car prices climb from giveaway levels as low as $1,100 a few months ago to upward of $6,000 today, Kelley Blue Book says.

Posted by Peter C. T. Elsworth  at 9:40 AM to Sales | Permalink

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