Models from that era still command resale values of a few hundred bucks.

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Over time business resale values tend to be similar to small-cap value companies that trade on the stock exchange.

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Cheap and more widely available credit has led to favorable financing deals, and high vehicle-resale values have helped dealerships push cheap leases.

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With their very solid resale values and excellent reputation, they are the bar which many watches much set themselves at or exceed if they want customers.

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The finance division's problems were said to stem from a general decline in the resale values of second hand company cars more than three years old.

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Spokesman Nick Richards blames the slow growth on a cut in low-profit sales to fleet buyers such as rental car companies as GM tries to boost the brand's resale values.

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