TORRANCE, Calif., Jan. 23, 2015 – Why are Toyota and Lexus owners happy? Because their vehicles hold more than passengers and possessions…they hold their value.
Filed under: LA Auto Show , Land Rover , Toyota , Ownership “Residual value is important for automakers and consumers because it’s a complete indicator of the vehicle’s future value.” – Larry Dominique Toyota and Land Rover took home the top brand honors in ALG’s 2015 Residual Value Awards, which will be presented this week at the Los Angeles Auto Show . Toyota won in the mainstream brand category, while Land Rover was honored in the luxury segment. In addition to brands, ALG recognized vehicles in individual segments, and notable winners included the Mazda3 for compact car, Subaru Legacy for midsize car and Dodge Charger for fullsize car. The Subaru WRX won in the sportscar category, while the Toyota Tundra earned top honors in the fullsize truck segment. “Residual value is important for automakers and consumers because it’s a complete indicator of the vehicle’s future value, accounting for quality, durability and brand desirability, among other factors,” said Larry Dominique, president of ALG and executive vice president of ALG-parent, TrueCar . “The award recipients demonstrate strong forecasted returns on investments for their owners.” There were eight first-time winners this year, including the Charger, WRX, Toyota Prius V and Audi TT . Toyota had the most model winners with six. ALG passed out 26 awards – two for brands and 24 for models – based on vehicles that are expected to retain the best percentage of their MSRP after three years. This was the 15th iteration of the awards, which are given out annually, and you’re welcome to read more in the press release below . Continue reading Land Rover, Toyota big winners in ALG top resale value awards Land Rover, Toyota big winners in ALG top resale value awards originally appeared on Autoblog on Tue, 18 Nov 2014 11:33:00 EST.
Toyota Earns Best Brand Award and Six Category Honors from Kelley Blue Book’s 2014 Best Resale Value Awards
TORRANCE, Calif., (Nov. 18, 2013) – Kelley Blue Book’s editors awarded Toyota the 2014 Best Brand prize as part of the online publication’s ( www.kbb.com ) 2014 Best Resale Value Awards.
Filed under: Car Buying , Audi , Chevrolet , Dodge , Infiniti , Jeep , Lexus , Subaru , Toyota Toyota and Lexus stormed the 2014 Kelley Blue Book Best Resale Value Awards, winning a combined 18 categories including best brand and best luxury brand. This marks the third year in a row that both automakers have won the Brand and Luxury Brand resale value awards. In all, Toyota won 11 categories and Lexus won seven. Honda made a good showing, as well, winning two segments ( Accord Plug-In Hybrid and Civic Si ) and putting one car on the top-10 Best Resale Value list ( CR-V ). Chevrolet did even better, winning two segments (with the V6 Camaro and the Corvette ) and placing three cars on the top-10-overall list (again, the Camaro and Corvette, plus the Silverado 1500 ). The other winners came from Jeep , Dodge , Infiniti , Subaru and Audi . To give you a clearer picture of the Toyota and Lexus domination, their 18 mentions represents more than half of the 34 awards (including the top-10-overall list). Here’s the Top 10 Cars list: Chevrolet Camaro Jeep Wrangler Chevrolet Corvette Toyota FJ Cruiser Chevrolet Silverado 1500 Toyota Tacoma Dodge Challenger Toyota Tundra Honda CR-V Toyota 4Runner Head on below for the press release, where you can find the full results of KBB’s Best Resale Value Awards. Continue reading Toyota, Lexus dominate KBB’s Best Resale Value Awards Toyota, Lexus dominate KBB’s Best Resale Value Awards originally appeared on Autoblog on Tue, 19 Nov 2013 18:30:00 EST. Please see our terms for use of feeds .
Filed under: Car Buying , Toyota Each year, Consumer Reports compiles a list of the vehicles it expects to be the best and worst when it comes to holding their original resale value, and the list of best values for 2012 is, not surprisingly, dominated by Toyota products. Overall, the best value for 2012 is the Toyota Prius , while the worst car for the money is the BMW 750Li , according to the magazine. The Prius knocked the Honda Fit from the top spot, which was the best value four years running, and it did so despite costing $10,000 more as tested. As CR points out, a higher price does not equate to less value just as a lower price does not guarantee a higher value. A total of 15 Toyota, Scion and Lexus made the list with only one, the Lexus GS 350 , having a lower-than-average resale value. Volkswagen and Subaru pulled in an impressive amount of cars on the list, too. On the opposite end of the stick, Chrysler was hit hard with all seven of the cars listed (across the Chrysler, Dodge and Jeep brands) rated with a below-average resale value. Scroll down to see the winners and losers for each category, but to view the full breakdown of the best and worst values on the market, a CR subscription is required. Continue reading Consumer Reports best value awards dominated by Toyota Consumer Reports best value awards dominated by Toyota originally appeared on Autoblog on Thu, 27 Dec 2012 15:44:00 EST. Please see our terms for use of feeds .
Lexus Takes Top Honors for the Second Year in a Row in Kelley Blue Book’s KBB.com 2013 Best Resale Value Awards for Luxury Brand
TORRANCE, Calif., Nov. 26, 2012 – Lexus earned top honors in the Luxury Brand category of Kelley Blue Book’s 2013 Best Resale Value Awards. In addition to taking the luxury brand award for the second year in a row, four Lexus models won in their categories: the IS sport sedan in the Entry-Level Luxury Car category, the GS 350 sport sedan in the Luxury Car category, the RX 450h in the Hybrid SUV category and the LX 570 in the Luxury Full-Size SUV/Crossover category. The Lexus LX 570 was also in the Top 10 overall for 2013 Best Resale Value. This is the third time since the Best Resale Value: Luxury Brand award was initiated in 2009 that Lexus has won, having earned the honor for the 2010 and 2012 model years as well.
TORRANCE, Calif., (Nov. 26, 2012) – The 2013 Scion tC was honored today as an overall Top 10 recipient in Kelley Blue Book’s respected annual 2013 Best Resale Value Awards for its anticipated best sustained value after five years of ownership. Automotive analysts used data from the Kelley Blue Book
TORRANCE, Calif., Nov. 15, 2011 – Lexus earned top honors tonight in the Luxury Brand category as Kelley Blue Book, www.kbb.com, announced the winners of its 2012 Best Resale Value Awards.
Filed under: Car Buying , Audi , Chevrolet , Chrysler , Ford , Honda , Jeep , Lexus , Toyota Kelley Blue Book has announced the company’s 2012 Best Resale Value Awards. The honors are handed out based on projections crafted by the KBB staff of automotive analysts for cars and trucks expected to retain the largest percentage of their original list price after five years. For 2012, KBB has named Toyota as the best resale brand with Lexus taking the top honor in the luxury brand category. There aren’t any surprises there, and the list of individual winners isn’t likely to shake anyone’s tree either. Toyota brands earned five category awards, while Honda alone took four categories, including sub-compact car, compact car, hybrid and van. The Ford F-150 , meanwhile, took home the full-size pickup nod and the only award for the Blue Ovals brands, while the Chevrolet Camaro V6 and SS snagged the sports car and high-performance car categories, respectively. There were a few surprises in the mix, however. The Jeep Wrangler brought home the only win in the compact SUV category and the only nod for Chrysler this year. The Audi A5 snagged the gold in the luxury car category and the Chevy Volt beat out the Nissan Leaf in the electric car category. Kelly Blue Book says that residual value should be at the top of car buyers concerns when it comes time to bringing home a new model as depreciation represents the largest potential new-car expense.
TORRANCE, Calif., Nov. 16, 2011 – – Toyota was named the top brand in 2012 Kelley Blue Book’s kbb.com 2012 Best Resale Value Awards. The awards recognize current and forthcoming vehicles for their projected retained value throughout the first five years of ownership.