GenVibe - Community for Pontiac Vibe Enthusiasts

Hi everyoneI am an owner of a 05' Pursuit that is looking in getting a new ride. I am hesitating between the Cobalt Sport and the 2009 Vibe.Now, that GM stop leasing, resale value is starting to be important. Does the Vibe resale value is average / above average?I tried both offered engines and I like them both. Any advices? (I am rarely on the highway but like a bit of torque on take-off)Thanks! Hope to be among you guys, proud Vibe owners

I don't know about how its rated but i paid about 10k for my 5 year old GT. I think it was around 18 or 19k new. I think thats about 10.5% depreciation per year. But I have no idea how depreciation is rated.

Quote, originally posted by Tolstiak »Does the Vibe resale value is average / above average?It's not bad, but the almost identical Toyota Matrix is better in the resale department and it's made in Canada.We went with the Vibe since we tend to keep cars long enough that resale values aren't important and the Vibe is built locally in Fremont, California.

my resale value on my 03 Vibe GT in 2 yrs was 50%. I got HALF of what I paid for the car 2 yrs before. If you plan to keep your car for longer than 2 yrs, then you'll probably be just fine.

Trade-in value is lower - a lot lower - than "resale" if you sell it yourself. Also mileage makes a big difference. Today and in the future I think vehciles with good mpg will return more than the gas hogs, so the 1.8L might get a better % return.I have no idea what is going on in Canada. There was a Chevy ad today featuring a $2,000 extra discount if you leased - they were using JPMorgan Chase and the lease interest rate was said to be 6%.

Thanks all for your advices! It really help.In Canada (and perhaps in the U.S.), GM decided to stop leasing cars since August 1st. Now, they offer a 2k discount for anyone buying with there own financing or a 0% for 60mths or 1.9% for 72mths rate. As I am not driving a lot, and plan to keep the car for at leat 5 years I think the 1,8 will be just fine and will offer a better mpg better than my current G5.

Quote, originally posted by Tolstiak »Hi everyoneDoes the Vibe resale value is average / above average?....Thanks! Hope to be among you guys, proud Vibe ownersYou can check bluebook values for your zipcode at http://www.kbb.com for both the Vibe and G5. I do agree with Jake that future resale will be even better for Vibes with the good mpg on a 1.8L. Also consider cost to own/operate since most Vibers have not had expensive repairs. Get the Vibe IMO.

the book value on my 2003 AWD vibe this summer was $11000.00 clean on trade in, and I sold it privately for $12000.00

We paid a tad over 14K for our 03 6 years ago. It was the base 5 speed w/power package.We turned it in on a new one with $6900 trade in. Not bad, 50% over 6 years. It had 56K miles iirc.With rebate, employee pricing, and 3K in GM card points, we get a new one w/same options for 7K, out the door, tax/title bs.Fair enough.