The Official KBB Best Resale Value Award Thread
12-03-09, 07:24 AM
#1
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The Official KBB Best Resale Value Award Thread
According to the experts-of-such-things at Kelley Blue Book, the average vehicle will only retain about 35 percent of its original value after the initial five-year ownership period, often making depreciation the greatest expense incurred by drivers over that time period. That's a hefty chunk of change to be sure, so a vehicle's anticipated resale value should be of prime concern when shopping for your next car or truck.
Since 2003, KBB has published its Best Resale Value Awards, which seek to inform consumers of projected resale value for any particular model after five years and 75,000 miles worth of service. Considering its historic reputation for quality, it comes as little surprise that Toyota takes home the trophy as the brand with the best projected resale value and that its subsidiary Lexus grabs the award in the luxury category. We have to wonder, though, how the company's many current woes might damage its perceived value down the line.
Making up the Top 10 Models for 2010 are the Audi A5, BMW M3, Chevrolet Corvette and Camaro SS, Honda CR-V, Mini Cooper and Clubman along with the Prius, RAV4 and Tacoma from Toyota. See here for a more comprehensive list and make the jump for the official press release.
[Source: KBB]
2010 BEST RESALE VALUE: BRAND
-----------------------------
Toyota
2010 BEST RESALE VALUE: LUXURY BRAND
------------------------------------
Lexus
2010 BEST RESALE VALUE: BY VEHICLE CATEGORY
-------------------------------------------
MID-SIZE PICKUP: Toyota Tacoma HIGH-PERFORMANCE
CAR: Chevrolet
Camaro SS
FULL-SIZE PICKUP: Ford F-Series HYBRID/ALT.
Super Duty FUEL CAR: Toyota Prius
COMPACT UTILITY COMPACT CAR: MINI Cooper
VEHICLE: Honda CR-V Clubman
MID-SIZE UTILITY MID-SIZE CAR: Honda Accord
VEHICLE: Toyota Highlander
FULL-SIZE UTILITY FULL-SIZE CAR: Ford Taurus
VEHICLE: Honda Pilot
LUXURY UTILITY NEAR-LUXURY CAR: Lexus IS
VEHICLE: Lexus RX 350
HYBRID/ALT. FUEL LUXURY CAR: Audi A5
UTILITY VEHICLE: BMW X5
Turbo Diesel
VAN: Toyota Sienna SPORTS CAR: Nissan 370Z
2010 BEST RESALE VALUE: TOP 10 MODELS
-------------------------------------
Audi A5 MINI Cooper
BMW M3 MINI Cooper Clubman
Chevrolet Camaro SS Toyota Prius
Chevrolet Corvette Toyota RAV4
Honda CR-V Toyota Tacoma
Since 2003, KBB has published its Best Resale Value Awards, which seek to inform consumers of projected resale value for any particular model after five years and 75,000 miles worth of service. Considering its historic reputation for quality, it comes as little surprise that Toyota takes home the trophy as the brand with the best projected resale value and that its subsidiary Lexus grabs the award in the luxury category. We have to wonder, though, how the company's many current woes might damage its perceived value down the line.
Making up the Top 10 Models for 2010 are the Audi A5, BMW M3, Chevrolet Corvette and Camaro SS, Honda CR-V, Mini Cooper and Clubman along with the Prius, RAV4 and Tacoma from Toyota. See here for a more comprehensive list and make the jump for the official press release.
[Source: KBB]
PRESS RELEASE:
Kelley Blue Book Announces Winners of 2010 Best Resale Value Awards
Kbb.com Offers Money-Saving Advice for Finding New Vehicles with Minimal Depreciation Ahead
IRVINE, Calif., Dec. 2 /PRNewswire/ -- Kelley Blue Book www.kbb.com, the leading provider of new- and used-vehicle information, announces the all-new 2010 model-year vehicle winners of its annual Best Resale Value Awards, www.kbb.com/BRVA2010 which recognize current and forthcoming vehicles for their projected retained value five years from now. Since depreciation (or loss of value) is typically a car-buyer's primary expense during ownership, these awards, like all of kbb.com's new- and used-vehicle information, are designed to help consumers make more informed car-buying decisions.
Kelley Blue Book's Best Resale Value Awards are based on projections from the Kelley Blue Book® Official Residual Value Guide determined by an expert staff of automotive analysts. These prestigious awards honor vehicles expected to maintain the greatest proportion of their original list price after five years of ownership. Low-volume vehicles and vehicles with a Manufacturer's Suggested Retail Price of more than $60,000 are excluded from award consideration, except in the luxury and high-performance categories.
Kelley Blue Book Announces Winners of 2010 Best Resale Value Awards
Kbb.com Offers Money-Saving Advice for Finding New Vehicles with Minimal Depreciation Ahead
IRVINE, Calif., Dec. 2 /PRNewswire/ -- Kelley Blue Book www.kbb.com, the leading provider of new- and used-vehicle information, announces the all-new 2010 model-year vehicle winners of its annual Best Resale Value Awards, www.kbb.com/BRVA2010 which recognize current and forthcoming vehicles for their projected retained value five years from now. Since depreciation (or loss of value) is typically a car-buyer's primary expense during ownership, these awards, like all of kbb.com's new- and used-vehicle information, are designed to help consumers make more informed car-buying decisions.
Kelley Blue Book's Best Resale Value Awards are based on projections from the Kelley Blue Book® Official Residual Value Guide determined by an expert staff of automotive analysts. These prestigious awards honor vehicles expected to maintain the greatest proportion of their original list price after five years of ownership. Low-volume vehicles and vehicles with a Manufacturer's Suggested Retail Price of more than $60,000 are excluded from award consideration, except in the luxury and high-performance categories.
2010 BEST RESALE VALUE: BRAND
-----------------------------
Toyota
2010 BEST RESALE VALUE: LUXURY BRAND
------------------------------------
Lexus
2010 BEST RESALE VALUE: BY VEHICLE CATEGORY
-------------------------------------------
MID-SIZE PICKUP: Toyota Tacoma HIGH-PERFORMANCE
CAR: Chevrolet
Camaro SS
FULL-SIZE PICKUP: Ford F-Series HYBRID/ALT.
Super Duty FUEL CAR: Toyota Prius
COMPACT UTILITY COMPACT CAR: MINI Cooper
VEHICLE: Honda CR-V Clubman
MID-SIZE UTILITY MID-SIZE CAR: Honda Accord
VEHICLE: Toyota Highlander
FULL-SIZE UTILITY FULL-SIZE CAR: Ford Taurus
VEHICLE: Honda Pilot
LUXURY UTILITY NEAR-LUXURY CAR: Lexus IS
VEHICLE: Lexus RX 350
HYBRID/ALT. FUEL LUXURY CAR: Audi A5
UTILITY VEHICLE: BMW X5
Turbo Diesel
VAN: Toyota Sienna SPORTS CAR: Nissan 370Z
2010 BEST RESALE VALUE: TOP 10 MODELS
-------------------------------------
Audi A5 MINI Cooper
BMW M3 MINI Cooper Clubman
Chevrolet Camaro SS Toyota Prius
Chevrolet Corvette Toyota RAV4
Honda CR-V Toyota Tacoma
Last edited by GS69; 11-26-12 at 07:51 AM.
12-03-09, 08:44 AM
#2
pretty interesting, looking at the top 10, there isn't any lexus in it, and there are 3 toyota. for both brands to top out and get best resale value overall as brands, i guess that means all of their cars are very avg, and for brands like audi and bmw, some cars are good (a5, m3) and the others are ridiculously bad?
12-03-09, 11:02 AM
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That's just a poorly formatted copy of text, here is the original with properly formatted/named categories:http://www.kbb.com/car-awards/best-resale-value-awards
12-03-09, 12:34 PM
#5
Lexus Fanatic
That's just a poorly formatted copy of text, here is the original with properly formatted/named categories:http://www.kbb.com/car-awards/best-resale-value-awards
Nice showing by Toyota and Lexus too.
11-17-10, 10:17 AM
#6
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Thread Starter
2011
Kelley Blue Book Announces Winners of 2011 Best Resale Value Awards
IRVINE, Calif., Nov. 17, 2010 -- /PRNewswire/ -- Kelley Blue Book, www.kbb.com, the leading provider of new and used vehicle information, announces the all-new 2011 model-year vehicle winners of its annual Best Resale Value Awards, which recognize current and forthcoming vehicles for their projected retained value 5 years from now. Since depreciation (or loss of value) is typically a car-buyer's primary expense during ownership, these awards, like all of kbb.com's new- and used-vehicle information, are designed to help consumers make more informed car-buying decisions.
Kelley Blue Book's Best Resale Value Awards are based on projections from the Kelley Blue Book® Official Residual Value Guide, determined by an expert staff of automotive analysts. These prestigious awards honor vehicles expected to maintain the greatest proportion of their original list price after five years of ownership. Low-volume vehicles and vehicles with a Manufacturer's Suggested Retail Price of more than $60,000 are excluded from award consideration, except in the luxury and high-performance categories.
2011 BEST RESALE VALUE: BRAND
Subaru 2011 BEST RESALE VALUE: LUXURY BRAND BMW
2011 BEST RESALE VALUE: BY VEHICLE CATEGORY
SUBCOMPACT CAR: Honda Fit
COMPACT UTILITY VEHICLE: Honda CR-V
COMPACT CAR: MINI Cooper
MID-SIZE UTILITY VEHICLE: Toyota FJ Cruiser
MID-SIZE CAR: Honda Accord
FULL-SIZE UTILITY VEHICLE: GMC Acadia
FULL-SIZE CAR: Ford Taurus
LUXURY UTILITY VEHICLE: BMW X5
NEAR-LUXURY CAR: Lexus IS
HYBRID/ALT. ENERGY UTILITY VEHICLE: BMW X5 XDrive35d
LUXURY CAR: Audi A5
MID-SIZE PICKUP: Toyota Tacoma
SPORTS CAR: Subaru Impreza WRX
FULL-SIZE PICKUP: Ford F-Series Super Duty
HIGH-PERFORMANCE CAR: Ford Mustang GT
VAN: Toyota Sienna
HYBRID/ALT. ENERGY CAR: Volkswagen Golf TDI
WAGON: Subaru Outback
2011 BEST RESALE VALUE: TOP 10 MODELS
Audi A5
Lexus GX
BMW X5
Lexus RX
BMW X6
Subaru Outback
Honda CR-V
Toyota FJ Cruiser
Jeep Wrangler
Toyota Tacoma
(Residual values used for award calculations are based on the November/December 2010 Kelley Blue Book® Residual Value Guide. Top 10 models appear in alphabetical order).Subaru 2011 BEST RESALE VALUE: LUXURY BRAND BMW
2011 BEST RESALE VALUE: BY VEHICLE CATEGORY
SUBCOMPACT CAR: Honda Fit
COMPACT UTILITY VEHICLE: Honda CR-V
COMPACT CAR: MINI Cooper
MID-SIZE UTILITY VEHICLE: Toyota FJ Cruiser
MID-SIZE CAR: Honda Accord
FULL-SIZE UTILITY VEHICLE: GMC Acadia
FULL-SIZE CAR: Ford Taurus
LUXURY UTILITY VEHICLE: BMW X5
NEAR-LUXURY CAR: Lexus IS
HYBRID/ALT. ENERGY UTILITY VEHICLE: BMW X5 XDrive35d
LUXURY CAR: Audi A5
MID-SIZE PICKUP: Toyota Tacoma
SPORTS CAR: Subaru Impreza WRX
FULL-SIZE PICKUP: Ford F-Series Super Duty
HIGH-PERFORMANCE CAR: Ford Mustang GT
VAN: Toyota Sienna
HYBRID/ALT. ENERGY CAR: Volkswagen Golf TDI
WAGON: Subaru Outback
2011 BEST RESALE VALUE: TOP 10 MODELS
Audi A5
Lexus GX
BMW X5
Lexus RX
BMW X6
Subaru Outback
Honda CR-V
Toyota FJ Cruiser
Jeep Wrangler
Toyota Tacoma
While most car buyers today consider sticker price one of the most significant numbers when choosing a new vehicle, the editors at Kelley Blue Book's kbb.com recommend that shoppers consider a number they won't find on any window sticker: the resale value. Depreciation often is the greatest expense incurred by drivers during the 1st 5 years of vehicle ownership. An average vehicle will only retain about 34% of its original value after a five-year ownership period, meaning that a $50,000 new car today will only be worth somewhere close to $17,000 after 5 years. Vehicles with average or below-average resale values are generally plentiful in the marketplace and easy to find. But certain vehicles are projected to hold their value better than others. While much of a vehicle's resale value is based on supply and demand, as well as current and projected future market conditions, vehicles that maintain their value best are never heavily discounted and tend to generate consumer enthusiasm.
"Consumers should take a good look at the projected resale value of a car when choosing their next new-vehicle purchase, and they would be wise to carefully consider the 2011 Best Resale Value Award winning vehicles and brands on this year's list," said James Bell, executive market analyst for Kelley Blue Book's kbb.com. "Vehicle depreciation is a new-car buyer's biggest expense, yet many shoppers don't realize that resale value information is available for free on Kelley Blue Book's kbb.com. Taking the time to research and choose vehicle makes, models and options wisely now can help new-car shoppers hold value down the road when they go to sell or trade-in the vehicle."
Vehicle shoppers should take several factors into consideration when buying a new car to ensure as much future value as possible. Just because a car is expensive or from a luxury brand does not necessarily mean it will hold its value better than an inexpensive car down the road. In fact, because resale values are calculated as a percent of original list price, an expensive vehicle has to command a relatively high price later as a used car to maintain its residual value. For example, an $80,000 vehicle has to be worth $24,000 3 years later to have a residual value of 30%. At this price point, not only will it compete with other used luxury vehicles but it also will compete with many new vehicles in the marketplace.
Meanwhile, a $12,000 vehicle only needs to be worth $3,600 3 years later to have the same 30% residual value, and at that price point it will not compete at all with new vehicles.
In addition, most options and packages added to a vehicle do not necessarily increase its resale value. However, there are exceptions to the rule, such as a high-performance engine or a performance package in a sports car. Finally, regional preferences can significantly impact the value of a vehicle. In the colder sections of the country, a 2-wheel drive vehicle's resale value will not be as high as a 4-wheel or all-wheel drive option of that same model. At the other end of the thermometer, in warmer climates black (or dark-colored) cars will not have as high resale value as they could command in other regions.
While the company's Residual Value Guide has been published since 1982, Kelley Blue Book established its annual Best Resale Value Awards in 2003. Kelley Blue Book reports projections based on current vehicle data, sales data, market conditions for each vehicle, competition within vehicle segments, expectations of the future economy and the combined experience of Kelley Blue Book's residual analysts. Residual values reflect projected future auction values for vehicles in average condition with 75,000 miles at the end of a 5-year lease or ownership period. Kelley Blue Book's residual values are used by manufacturers, banks, financial institutions, governmental agencies and the automotive leasing industry.
11-26-12, 07:41 AM
#7
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Thread Starter
2013
The 2013 Residual Analysis Report is now available from Kelley Blue Book, www.kbb.com, the leading provider of new and used car information, including details about this year's Best Resale Value Award winners. Kelley Blue Book's Best Resale Value Awards are based on projections from the Kelley Blue Book® Official Residual Value Guide, determined by a skilled staff of automotive analysts.
Toyota's entire lineup of 2013 model-year vehicles is expected to retain the greatest amount of its original value after the initial five years of ownership. The luxury brand with the same claim is Toyota's more refined sibling, Lexus. Both Toyota and Lexus earned the Best Resale Value Awards' highest honors – Best Resale Value: Brand and Best Resale Value: Luxury Brand, respectively – for the second consecutive year. Both brands also won their respective categories for the 2010 model year, making them winners in three of the last four years. Toyota improved its 60-month average residual value by more than 3 percentage points from this time last year, driven primarily by the brand's two perennial truck winners, the FJ Cruiser and Tacoma. The newly redesigned Avalon also improved its 60-month residual value nearly 8 percentage points year-over-year, making a significant contribution to Toyota's already strong lineup.
"After the past 2 tumultuous years, Toyota bounced back in 2012 to prove it hadn't lost its competitive spirit," said Eric Ibara, director of residual consulting for Kelley Blue Book. "Enduring some of its darkest days in the U.S. market after unintended acceleration issues caused a massive worldwide recall of Toyota models, the brand managed to retain residual value levels consistent with its historical averages. If the recall wasn't enough, the 2011 tsunami in Japan resulted in severe disruptions in supply. However, Toyota prevailed and regained the market share it lost to other automakers during this timeframe. It is quite an accomplishment when you think about the challenges Toyota has overcome to remain Best Resale Value: Brand for the past 2 years in a row."
Overall, 60-month residual values for all 2013 model-year vehicles averaged 38.2 percent, which is stated as a percent of each vehicle's MSRP. This represents an increase of 2.5 percentage points compared to the 2012 model-year average from the same period last year.
For 2013, Kelley Blue Book's residual value forecast calls for the truck segment to continue to hold its value better than cars, with the average 60-month residual value across all trucks at 39.8 percent, compared to the average across all car models at 37.2 percent. Excluding compact SUV/crossovers, full-size SUV/crossovers and high-performance cars, all segment average 60-month residual values increased on a year-over-year basis. The average residual values for all cars increased 3.1 percentage points, while all trucks increased 1.8 percentage points.
The automotive market continued to gain momentum this year after clocking in at 12.7 million sales in 2011. With a little more than one month remaining in 2012, it appears auto sales will climb to around 14.4 million this year. However, head winds are starting to pick up, and there are now more reasons to expect the automotive recovery to stall.
"Unemployment remains aggravatingly high, despite the amount of time that has elapsed since the economy bottomed in 2009," said Ibara. "Individuals without jobs are not likely to purchase new vehicles, so a return to a 16 million seasonally adjusted annual rate (SAAR) will not be likely until the employment picture brightens."
Kelley Blue Book's Full 2013 Residual Analysis Report Includes:
The 2013 Best Resale Value Award winners
Best Residual Value Brands 2013 vs. 2012
Residual forecasts for truck and utility, compact, subcompact, and mid-size car segments
2013 market outlook
Analysis of domestic brand residual values
Analysis of foreign brand residual values, including Japanese, European and Korean automakers
The full Residual Analysis Report is available upon request by sending an email with your name, title and company name to pr@kbb.com.Best Residual Value Brands 2013 vs. 2012
Residual forecasts for truck and utility, compact, subcompact, and mid-size car segments
2013 market outlook
Analysis of domestic brand residual values
Analysis of foreign brand residual values, including Japanese, European and Korean automakers
About Kelley Blue Book® Residual Values
While the company's Residual Value Guide has been published since 1982, Kelley Blue Book established its annual Best Resale Value Awards in 2003. Kelley Blue Book reports projections based on current vehicle data, relevant auction transactions, sales data, market conditions for each vehicle, competition within vehicle segments, expectations of the future economy and the combined experience of Kelley Blue Book's residual analysts. Residual values reflect projected future auction values for vehicles in average condition with 75,000 miles at the end of a 5-year lease or ownership period. Kelley Blue Book's residual values are used by manufacturers, banks, financial institutions, and the automotive leasing industry.
For more information about Kelley Blue Book's Best Resale Value Awards, visit http://www.kbb.com/new-cars/best-res...e-awards-2013/.
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11-19-13, 06:32 AM
#11
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Thread Starter
2014
We've always known that used Lexus vehicles keep their values well, and this fact has been recently reconfirmed for a 3rd year in a row by Kelley Blue Book. Lexus took the top spot in the luxury brand category in the 2014 Best Resale Value Awards, which was actually the 4th time overall that Lexus reached that spot, 2011 being the only year when Lexus didn't place 1st since the award's inception in 2009. Back In 2011, it was Subaru that took the award for best brand for resale values, while BMW took the best luxury brand award for that year.
A total of 6 2014 Lexus models ended up winning their categories for best projected resale value. The 2014 Lexus ES 350 took home the award for the best resale value for an entry-level luxury car, while at the other end of the lineup the 2014 Lexus LS 460 was given the same award in the high-end luxury-car category. It should perhaps come as no surprise that the 2014 Lexus ES 300h won the hybrid/alternative-energy car category, with the Lexus RX 450h taking the top spot for the hybrid SUV/crossover category. The Lexus GX 460 and the Lexus LX 570 also won their classes for mid-size and full-size SUVs, respectively.
Kelley Blue Book bases the awards on current vehicle data, as well as auction transactions, sales data and market conditions, also taking an individual vehicle's competition within its segment into account. Kelley also relies upon the projected residual values of vehicles in average condition with 75,000 miles at the end of a 5-year lease period in determining the award winners. The projections themselves are relied upon by banks and financial institutions in the automotive-leasing industry.
“We are proud once again take the top spot in Kelley Blue Book's prestigious 2014 Best Resale Value Award in the luxury-brand category,” said Jeff Bracken, vice president and general manager at Lexus Group. “At Lexus, our priority is a positive ownership experience for our customers. Resale value is an important part of that, and we are honored to be recognized by Kelley Blue Book.”
While Toyota and Lexus were heavily represented in the top picks, cars from other brands also had a good showing. The 2014 Audi A5 won the general luxury-car category this year, while the award in the subcompact-car category went to the Nissan Versa. The Subaru Impreza captured the compact-car category, while the best sports car for resale values ended up being the Chevrolet Camaro V6. And, of course, the Chevrolet Corvette took home the award for best resale value in the high performance car category.
This is almost 4 years after the 2010 awards. It should be a new thread.
11-19-13, 04:01 PM
#14
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Thread Starter
Thread Title
I tried to change it - if you look at the very 1st post, the title no longer has the year but apparently I do not have the ability to change the whole thread title. A mod has to use their super powers to do so ...
