Chevy Emblem - - Nos 283 # 3865833 on 2040-parts.com

Which car has the best residual value? A MINI

The MINI has the lowest depreciation of any car in the UK When it comes to buying a car, many of us decide how much we can afford to spend and then go and look for a car that fits our budget. But what we should really be looking at is how the car we want will be worth in the future – its residual value. Because the residual value of your car is often where the biggest costs lies, and it has a major impact on monthly payments if you decide to acquire your nice new car on a contract hire or leasing deal.

Tesla Model S outsells luxury competition

As if Tesla needed any more good news this month, first-quarter sales are in and the electric Model S outsold the Mercedes S-class, Audi A8 and BMW 7-series, according to “CNN Money.” In the first three months of 2013, Tesla sold 4,750 sedans while Mercedes sold 3,077 of the S-class, BMW sold 2,338 of the 7-series and Audi sent 1,462 A8s out of the dealership. The Model S does have its sticker price going for it. The base model can be had for $69,900 -- possibly less with tax incentives -- while the cheapest S-class goes for $93,255, the 7-series for $74,525 and the A8 for $73,095.

Cadillac Presidential Limousine

President Obama arrived at his inauguration earlier this week in a new Cadillac Presidential Limousine, which includes many of the brand's signature design elements.   As the first all-new Presidential limousine since the 2004 Cadillac DTS built for President George W. Bush, the new car has roughly the same overall footprint as the previous model and similar proportions.