Chevy Corvette Wins Best Resale Value

Chevy Corvette Wins Best Resale Value

The Chevy Corvette Stingray has won the 2022 Kelley Blue Book Best Resale Value Award in the Sports Car category.Chevy Corvette Wins Best Resale Value

Kelley Blue Book’s Best Resale Value Awards are an annual recognition of the automakers and vehicle models that retain the highest percentage of their original value on the used market. The Chevy Corvette took top honors in the sports car category this year and was also listed as the number one model for resale value overall, beating out popular models like the Ford F-Series, Toyota 4Runner and Tesla Model X. The best brand for resale value was Toyota, while the best luxury brand was the Japanese automaker’s luxury arm Lexus.

According to Kelley Blue Book, much of a vehicle’s resale value is based on supply and demand, as well as “current and projected future market conditions.” Some vehicles, however, like the Chevy Corvette, also retain a high percentage of their original value as they are not often discounted from new and generate high levels of consumer interest. In other words, shoppers in the market for a Chevy Corvette may be willing to pay a higher amount for a used model if they are unable to locate a new one with any kind of discounted price, and are usually highly motivated to make the purchase.

The publication says an average 2022 model-year vehicle will only retain about 43 percent of its original value after a five-year ownership period, which means a vehicle that sells for $45,000 new  today will only be worth about $19,350 five years down the road. Vehicles included in this list of the top ten best vehicles for resale value, by comparison, will retain around 56 percent of their original price on the used market.

Chevy Corvette Wins Best Resale Value but other GM vehicles that received awards for resale value from Kelley Blue Book this year include the GMC Yukon (full-size SUV category) and GMC Sierra (full-size pickup category).

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New 2021 Malibu Offers New 2022 Malibu Offers

This silver New 2021 Malibu is in stock at Ron Westphal Chevrolet in Aurora, IL

Chevy Malibu Incentives Ron Westphal Chevy

630-898-9630

Chevy Malibu discount offers in February 2022 are as follows:

  • Purchase Offer:
    • 2021 Malibu, excluding L trim level
      • $500 Cash Allowance
      • $500 Ron Westphal Discount
  • Finance Offers:
    • 2021 Malibu, excluding L trim level
      • 0 percent APR for up to 48 months
      • For very well-qualified buyers
      • Must finance with GM Financial
      • $750 Select Market Competitive Cash for current owners or lessees of a 2008 model year or newer non-GM vehicle
    • 2022 Malibu
      • 0 percent APR for up to 48 months
      • For very well-qualified buyers
      • Must finance with GM Financial
      • $750 Select Market Competitive Cash for current owners or lessees of a 2008 model year or newer non-GM vehicle
  • Lease Offers:
    • 2021 Malibu LT
      • $239 per month for 24 months
      • Ultra low-mileage lease with 10,000 miles per year
      • $2,869 due at signing for current lessees of a 2017 model year or newer non-GM vehicle (after all offers)
      • $0 security deposit
      • Available nationwide
    • 2022 Malibu LT
      • $239 per month for 24 months
      • Ultra low-mileage lease with 10,000 miles per year
      • $3,159 due at signing for current lessees of a 2017 model year or newer non-GM vehicle (after all offers)
      • $0 security deposit
      • Available nationwide

The above Chevy Malibu midsize sedan offers are valid through February 28th, 2022.

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2023 chevy trailblazer production start date

2023 chevy trailblazer production start date is announced

2023 chevy trailblazer production start date

The 2023 Chevy Trailblazer is set to arrive as the third model year of the latest third-generation nameplate, which was initially introduced as an all-new small crossover for the 2021 model year in the United States. Now, GM Authority has learned when production of the 2023 Chevy Trailblazer will start.

Would you like to order a new Chevy Trailblazer?  Call the Ron Westphal Chevy Customer Care Team at 630-898-9630 for details.  It’s fast and easy!

According to GM Authority sources, production of the 2023 Chevy Trailblazer will start on April 24th. The Trailblazer is currently produced at two locations, including at the GM Bupyeong plant in Bupyeong-gu, Incheon, South Korea, and the GM China Dong Yue plant in Yantai, Shandong, China.

2023 chevy trailblazer production start date is announcedThe Chevy Trailblazer is offered with two engine options, namely the turbocharged 1.2L inline three-cylinder LIH gasoline engine, which produces 137 horsepower at 5,000 rpm and 162 pound-feet of torque at 2,500 rpm, and the turbocharged 1.3L inline three-cylinder L3T gasoline engine, which produces 155 horsepower at 5,600 rpm and 174 pound-feet of torque at 1,500 rpm. The 1.2L LIH connects to GM’s continuously variable automatic transmission, while the 1.3L L3T connects to either the CVT the GM nine-speed automatic transmission.

Under the skin, the Chevy Trailblazer rides on top of the GM VSS-F vehicle set.

As GM Authority covered previously, General Motors is changing up how dealers order the Chevy Trailblazer crossover, as well as the Chevy Trax. Previously, dealers would order both crossovers using the traditional “consensus” model wherein dealers would request which vehicles they wanted from the factory. This was done at regular intervals (or order cycles, aka DOSP) and gave dealers a good amount of say in which vehicles they got.

By comparison, General Motors is now moving to a “port consensus” model for the Chevy Trailblazer and Chevy Trax, wherein General Motors builds the vehicles it thinks are needed, then ships the vehicles to port, with dealers then selecting which vehicles they would like.

Also noteworthy is the Chevy Trailblazer’s recent reliability performance, with Consumer Reports giving the Trailblazer a tying score for most reliable new vehicle.

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What’s new for 2023 Chevy Blazer

2023 Chevy Blazer

General Motors has pulled the veil off the refreshed 2023 Chevy Blazer, which arrives with revised front and rear fascias, different LED headlights and taillights and a new infotainment display.

Want to order a 2023 Chevy Blazer?  Call us now at 630-898-9630.

The most apparent changes applied to the 2023 Chevy Blazer have happened outside, where the mid-size crossover has received a restyled front bumper with different LED headlights and daytime running lights and a revised grille design. Customers will also be able to choose from new 18-inch, 20-inch and 21-inch wheel designs and five new exterior colors, including Fountain Blue, Sterling Gray Metallic, Copper Bronze Metallic and Radiant Red Tintcoat.

Inside, the 2023 Chevy Blazer features an all-new 10-inch diagonal infotainment screen, which is standard across all trim levels. A new wireless charging pad is also now available as an option across all trim levels and will come standard on the well-equipped RS and Premier. A new Nightshift Blue interior is now offered on RS trim levels, as well, which we imagine will appear similar to the Nightshift Blue interior offered on the refreshed 2022 Chevy Silverado 1500.

Chevy has also made some minor changes with regard to the Blazer’s active safety tech. From the 2023 model year, Adaptive Cruise Control availability will be expanded to the 2LT and 3LT trim levels. The Chevy Safety Assist package is also now standard, which brings popular safety tech such as Automatic Emergency BrakingFollowing Distance IndicatorForward Collision AlertFront Pedestrian BrakingLane Keep Assist with Lane Departure Warning and IntelliBeam automatic high beams.

GM’s turbocharged 2.0L I4 LSY gasoline engine is standard in the 2023 Blazer 2LT, 3LT and Premier, producing 228 horsepower and 247 pound-feet of torque. The naturally aspirated 3.6L V6 LGX gasoline engine, meanwhile, is standard in the RS trim level only and available as an option in the 3LT and Premier. The LGX V6 is rated at 308 horsepower and 270 pound-feet of torque. Both of these engines come paired with the GM nine-speed automatic transmission with front-wheel-drive standard and all-wheel-drive available for a price premium.

Production of the 2023 Chevy Blazer will continue to take place at the GM Ramos Arizpe plant in Mexico. Pricing for the refreshed 2023 Chevy Blazer is expected to be similar to that of the 2022 model year, starting just shy of $30,000. As GM Authority reported previously, the entry-level Blazer L and LT trims will no longer be offered from the 2023MY onward.

Look for the 2023 Chevy Blazer to begin arriving at dealers in the U.S. later this year.

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2022 Chevy Equinox is a better value than 2021

2022 Chevy Equinox is a better value than 2021

2022 Chevy Equinox is a better value than 2021

Pricing for the 2022 Chevy Equinox in the base LS trim level and with front-wheel drive starts at $26,995, which is $600 cheaper than the 2021 model-year Equinox. The 2022 Equinox LS with all-wheel drive is priced from $29,195, which is also $600 cheaper than its 2021 model-year equivalent. It’s a similar scenario with the 2022 Chevy Equinox LT with front-wheel drive or all-wheel drive, which are both $700 cheaper than they were for the 2021 model year.

Looking for a new Equinox?  Call our Customer Care Team at 630-898-9630.

Trim Level Drivetrain Powertrain 2022 Equinox 2021 Equinox +/- 2022 % Change 2022
L FWD Turbo 1.5L I4 LYX Dropped $24,995
LS FWD Turbo 1.5L I4 LYX $26,995 $27,595 -$600 +2.22%
LS AWD Turbo 1.5L I4 LYX $28,595 $29,195 -$600 +2.1%
LT FWD Turbo 1.5L I4 LYX $28,095 $28,795 -$700 +2.49%
LT AWD Turbo 1.5L I4 LYX $29,695 $30,395 -$700 +2.36%
RS FWD Turbo 1.5L I4 LYX $31,295 Not available
RS AWD Turbo 1.5L I4 LYX $32,895 Not available
Premier FWD Turbo 1.5L I4 LYX $32,195 $32,695 -$500 +1.55%
Premier AWD Turbo 1.5L I4 LYX $33,795 $34,295 -$500 +1.48%

2022 Chevy Equinox is a better value than 2021Lastly, there’s the range-topping 2022 Chevy Equinox Premier, which is priced from $32,195 with front-wheel drive and $33,795 with all-wheel drive. This is $500 less than the 2021 Chevy Equinox Premier. The 2022 Chevy Equinox RS is priced from $31,295 with front-wheel drive and $32,895 with all-wheel drive, but this model is all-new for the 2022MY and there is thus no year-over-year price change to report.

2022 Chevy Equinox is a better value than 2021There is no specific reason for the price deductions applied to the 2022 Chevy Equinox. But, 2022 Chevy Equinox is now a better value than 2021.  We imagine the lower starting price tags will be welcome news for Chevy customers, though, as the automotive industry has seen a sharp rise in average transaction prices over the past year due to low inventory levels and high demand. The 2022 Chevy Equinox also represents the first model year of the second-generation Equinox’s mid-cycle enhancement (MCE) and incorporates revised exterior styling and a mildly overhauled cabin, among other changes. Power in the 2022 Equinox comes from a turbocharged 1.5L I4 LYX gasoline engine rated at 170 horsepower and 203 pound-feet of torque.

Looking ahead, the Chevy Equinox will be joined by the 2024 Chevy Equinox EV – a new battery-electric compact crossover that utilizes GM’s Ultium platform and Ultium Drive electric motors. The Equinox EV will enter production in the spring of 2023.

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