Subaru, Lexus again win Best Resale Value Award from KBB

Subaru, Lexus again win Best Resale Value Award from KBB

Subaru won Kelley Blue Bookês award for the brand with the best resale value, and Lexus won for best luxury brand resale value. The awards recognize vehicles for their projected retained value through the initial five-year ownership period.

Subaru claimed four model winners and Lexus produced six model winners from a total of 22 segments. Toyota and General Motors each had five model winners, Porsche had two, and Tesla received its first resale value award, plug-in vehicle for the Model S. The top 10 cars for best resale value were the Chevrolet Camaro; Chevy Colorado; GMC Canyon; GMC Sierra; Jeep Wrangler; Subaru Forester; Subaru WRX; and Toyota 4Runner, Tacoma and Tundra.

An average MY 2016 vehicle will retain about 34.8 percent of its value after five years, meaning that a $50,000 new car will be worth about $17,400 after five years, said KBB.

–Most options and packages added to a vehicle do not necessarily increase its resale value,” said Jack Nerad, executive market analyst for Kelley Blue Book. –However, there are exceptions to the rule, Subaru won Kelley Blue Bookês award for the brand with the best resale value, and Lexus won for best luxury brand resale value. The awards recognize vehicles for their projected retained value through the initial five-year ownership period.

Subaru claimed four model winners and Lexus produced six model winners from a total of 22 segments. Toyota and General Motors each had five model winners, Porsche had two, and Tesla received its first resale value award, plug-in vehicle for the Model S. The top 10 cars for best resale value were the Chevrolet Camaro; Chevy Colorado; GMC Canyon; GMC Sierra; Jeep Wrangler; Subaru Forester; Subaru WRX; and Toyota 4Runner, Tacoma and Tundra.

An average MY 2016 vehicle will retain about 34.8 percent of its value after five years, meaning that a $50,000 new car will be worth about $17,400 after five years, said KBB.

–Most options and packages added to a vehicle do not necessarily increase its resale value,” said Jack Nerad, executive market analyst for Kelley Blue Book. –However, there are exceptions to the rule, such as a high-performance engine or a performance package in a sports car. Regional references can significantly impact the value of a vehicle as well.” In colder parts of the country, a two-wheel drive vehicleês resale value often is not as high. In warmer areas, dark colored cars will not have as high resale value.

such as a high-performance engine or a performance package in a sports car. Regional references can significantly impact the value of a vehicle as well.” In colder parts of the country, a two-wheel drive vehicleês resale value often is not as high. In warmer areas, dark colored cars will not have as high resale value.