Toyota, Lexus achieve top honors in Kelley Blue Book resale values
(November 18, 2013) IRVINE, Calif. — The 2014 model-year brand and category winners of the annual Best Resale Value Awards, recognizing vehicles for their projected retained value through the initial five-year ownership period, were announced today by Kelley Blue Book.
Both Toyota and Lexus earned top honors for best brand and best luxury brand, and each of those top brands had six segment winners from a total of 22 different segments. Honda earned three segment awards, while Chevrolet captured two segment awards and placed an impressive three vehicles in the overall top 10 list.
"Capturing top honors for the third year in a row, Toyota and Lexus continue their Best Resale Value Awards Brand and Luxury Brand reign, earning an impressive 18 combined awards among the 2014 model-year lineups," said Eric Ibara, director of residual value consulting for Kelley Blue Book.
"While both Toyota and Lexus continue to deliver incredible resale value, we also are impressed with the strides made by Chevrolet, which tops domestic automakers with five combined awards, and Subaru with its Impreza making its way back to the top spot in its segment."
Kelley Blue Book's Best Resale Value Awards are in its 12th year and are based on projections from the Kelley Blue Book Official Residual Value Guide. Kelley Blue Book Residual Values are established by experienced automotive analysts that review the output from the statistical models built upon millions of transactions.
Vehicles that earn the highest five-year residual values, expressed as a percentage of their original Manufacturer's Suggested Retail Price (MSRP) are selected for these prestigious awards. Low-volume vehicles and vehicles with an MSRP of more than $60,000 are excluded from award consideration, except in the luxury and high-performance categories.
SUBCOMPACT CAR: Nissan Versa |
PLUG-IN VEHICLE: Honda Accord Plug-In Hybrid |
COMPACT CAR: Subaru Impreza |
COMPACT SUV/CROSSOVER: Jeep Wrangler |
SPORTY COMPACT CAR: Honda Civic Si |
MID-SIZE SUV/CROSSOVER: Toyota FJ Cruiser |
MID-SIZE CAR: Honda Accord |
FULL-SIZE SUV/CROSSOVER: Toyota Sequoia |
FULL-SIZE CAR: Toyota Avalon |
LUXURY COMPACT SUV/CROSSOVER: Infiniti QX50 |
ENTRY-LEVEL LUXURY CAR: Lexus ES 350 |
LUXURY MID-SIZE SUV/CROSSOVER: Lexus GX 460 |
LUXURY CAR: Audi A5 |
LUXURY FULL-SIZE SUV/CROSSOVER: Lexus LX 570 |
HIGH-END LUXURY CAR: Lexus LS 460 |
HYBRID SUV/CROSSOVER: Lexus RX 450h |
SPORTS CAR: Chevrolet Camaro V6 |
MID-SIZE PICKUP TRUCK: Toyota Tacoma |
HIGH PERFORMANCE CAR: Chevrolet Corvette |
FULL-SIZE PICKUP TRUCK: Toyota Tundra |
HYBRID/ALTERNATIVE ENERGY CAR: Lexus ES 300h |
MINIVAN/VAN: Toyota Sienna |
Chevrolet Camaro |
Jeep Wrangler |
Chevrolet Corvette |
Toyota FJ Cruiser |
Chevrolet Silverado 1500 |
Toyota Tacoma |
Dodge Challenger |
Toyota Tundra |
Honda CR-V |
Toyota 4Runner |
(Residual values used for award calculations are based on the 2014 model-year vehicles that appear in the November/December 2013 Kelley Blue Book® Residual Value Guide. Top 10 models appear in alphabetical order).