Top cars according to their resale value, Kelley Blue Book list

22 Dec 2015 | Author: | No comments yet »

22 vehicles that might work better for longer-term contracts.

Subaru was named the top mainstream brand for resale value, with four winning models. For KBB’s 2016 Best Resale Value Awards, the company evaluated 2016 model-year vehicles based on the percentage of their manufacturer’s suggested retail price they are projected to retain in the first five years of ownership, according to a news release. The company which is based in Irvine, California, makes vehicle valuation and automotive research that is recognized worldwide by both consumers and the automotive industry, reads their official webpage.

KBB’s overall top 10 cars for resale for 2016 includes the Chevrolet Camaro, Chevrolet Colorado, GMC Canyon, GMC Sierra, Jeep Wrangler, Subaru Forester, Subaru WRX, Toyota 4Runner, Toyota Tacoma, and Toyota Tundra. In addition to listing category winners by their actual percentage of retained value, KBB also anoints an overall brand winner in the mainstream and luxury categories. For the second year in a row, Subaru and Lexus earned top honors for best brand and best luxury brand (respectively), with Subaru claiming four model winners and Lexus producing six model winners from a total of 22 different segments. The 4Runner is a midsize SUV that comes standard with four-wheel-drive and according to Kelley’s estimates, it’ll still be worth 60 percent of its sticker price after five years. Nerad, executive editorial director and executive market analyst for KBB, notes that most options and packages added to a vehicle don’t necessarily increase its resale value: “Regional preferences can significantly impact the value of a vehicle as well.

In the colder sections of the country, a two-wheel drive vehicle’s resale value often will not be as high as a four-wheel or all-wheel drive version of that same model. While much of the media wrings its hands and still tries to call the brand boring, or offers opinion on styling as proof that Lexus is not all it’s cracked up to be, KBB has been driving Lexus vehicles.

The group’s conclusion? “The entire Lexus brand is built on a foundation of quality, durability and reliability that fortifies every facet of its appeal. Kelley Blue Book Residual Values are established by experienced automotive analysts that review the output from the statistical models built upon millions of transactions. They describe it as a part of personal finances since at some point customers are going to sell their vehicles, and the consequences of the transaction can vary from a big win to a tragic loss.

Comfortable, quiet and safe, today’s Lexus cars and SUVs are increasingly stylish and engaging, too.” KBB’s positive opinion of Lexus is nice to read, but what we like most about KBB is the number crunching. Thousands of dollars could be won or could be lost. “Unless you drive your vehicle until the wheels fall off and it becomes a moldering pile of parts smoking in the middle of the road, the ultimate resale value of your ride has a very direct and important effect on your transportation costs. Low-volume vehicles and vehicles with an MSRP of more than $60,000 are excluded from award consideration, except in the plug-in vehicle, luxury and high-performance categories. Editor’s note: Sister publication Auto Remarketing also talked with Ibara to get more details about KBB compiled this year’s list of honorees for a report available here. Official vehicle data, sales data, market conditions for each vehicle, competition within vehicle segments, expectations of the future economy and the experience of the brand’s team are all part of the evaluation process to create the list.

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