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TECH

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Why Are PC Sales Up And Tablet Sales Down?

 When iPads first came out, they were hailed as the undoing of the PC. Finally, a cheap and reliable computing device for the average user instead of the complicated,... Read More

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Is Burning Man Just Work?

 It’s that time of year again. Summer is over for most people and has just begun for San Francisco. And this week, the city becomes emptier than a VC parking lot... Read More

GADGETS

HTC's first tablet in years...

HTC's first tablet in years pops up in a trade group filing

HTC hinted that it would get back into tablets this year, and there have been detailed rumors covering the effort. However, tangible evidence of that hardware has been hard... Read More

IRL: Giving Firefox OS a...

IRL: Giving Firefox OS a second chance

When I reviewed the original ZTE Open last year, the Firefox OS experience was -- to put it modestly -- rough around the edges. The device was stripped down even by the... Read More

Recommended Reading: An MIT...

Recommended Reading: An MIT engineer's coffee quest

Recommended Reading highlights the best long-form writing on technology and more in print and on the web. Some weeks, you'll also find short reviews of books that we think... Read More

MOVIES

All 30 MTV VMAs Video of the...

All 30 MTV VMAs Video of the Year Winners, Ranked (VIDEO)

MTV's annual Video Music Awards air this Sunday and while a lot of the fun surrounds the crazy fashion and over-the-top musical performances, we're curious to see who wins... Read More

Neal Brennan Gets Frank in...

Neal Brennan Gets Frank in His 'Frank' Trailer Review...

It's the weekend, and you're looking forward to going to the movies, but you don't know which one you're going to see. Luckily for you, Neal Brennan, comedian and host of... Read More

'Sin City: A Dame to Kill...

'Sin City: A Dame to Kill For' Review: Ranking All the...

Once again co-directed by Robert Rodriguez and Frank Miller, "Sin City: A Dame to Kill For," the visually striking follow-up to the 2005 hit, gets even more eyeball-popping... Read More

FOOD

9 Ways to Use Guacamole

9 Ways to Use Guacamole

Looking for a great guacamole recipe? Learn 9 ways to use guacamole in your life. It's delicious and healthy! Read More

Man Proposes to Girlfriend...

Man Proposes to Girlfriend With 1,001 Hot Dogs

Chinese man Wang Chen proposed to his girlfriend with 1,001 hot dogs, making it a marriage proposal that she's sure to remember! Read More

Peach & Shrimp Crostini with...

Peach & Shrimp Crostini with Pesto

Peach & Shrimp Crostini with Pesto is an easy appetizer any time fresh peaches are in the house. Read More

AUTOS

Car Buying, ,

Used Cars

This has been a bad year for recalls. The US auto industry broke the record for repair campaigns months ago, and with about 25.8 million vehicles needing fixed, General Motors has gotten close to 2013's total full-year figure of 27.96-million recalled cars all on its own. You might think that used car buyers would run screaming for the hills from all these faulty models, but a recent study finds the exact opposite to be true. In fact, one of The General's vehicles actually gained value slightly, despite all of the negative publicity.

The report from Black Book Lender Solutions examined residual values for several vehicles from major recalls. They included the 2005-2007 Chevrolet Cobalt that was among the most prominent affected models earlier this year. The study found that the campaigns had almost no effect on a vehicle's depreciated cost, even those with major press coverage, according to Automotive News. Amazingly, in the case of the Cobalt, the price of 2005 and 2006 examples actually increased by about one percent in the first half of 2014 compared to the same period last year, according to the investigation.

The results weren't limited to just GM, either. The 2008-2009 Toyota Camry from the unintended acceleration recall had a lower depreciation rate amid the campaign in February 2010 than its competitors of the same year, according to Automotive News.

These outcomes echo similar data from other sources. In terms of new cars, Autoblog's By the Numbers info shows GM sales have grown on five of the seven months with data in 2014. The month with the biggest loss was January, before the ignition switch recall was even announced. In June, another investigation found that the company's used car prices were still staying strong, and one company showed the recalled 2012 Chevy Impala also appreciating slightly. It certainly appears that the campaigns don't weigh on many consumers' minds when buying a vehicle.

Recalls have almost no effect on used car prices originally appeared on Autoblog on Sat, 23 Aug 2014 14:46:00 EST. Please see our terms for use of feeds.

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FASHION

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