Toyota, Lexus top KBB’s Best Resale Value Awards
Toyota earned Best Resale Value: Brand honors from Kelley Blue Book for the sixth time in the last nine years, and corporate sibling Lexus won Best Resale Value: Luxury Brand for the third time overall.
On Monday, KBB released its 20th annual Best Resale Value Awards, which spotlight the 2022 model-year vehicles expected to retain the most value during the first five years of ownership.
In addition to the aforementioned overall brand winners, the Best Resale Value Awards honor the individual models with most expected retention in 24 segments.
The awards also include a top 10 list of vehicles with the strongest expected resale value.
Toyota took also took home Best Resale Value: Brand honors in 2014, 2017, 2018, 2019 and 2021
“New-car shoppers who buy from Toyota or its luxury-brand sibling Lexus — our 2022 Best Resale Value Brand winners — can rest assured that their vehicle should retain its value quite well over time,” said Janice Yoell, senior manager of valuations for Kelley Blue Book, in a news release.
“Toyota and Lexus, respectively, are the best vehicle brand and luxury brand for 2022 in terms of the highest average projected resale value across their full lineups. Trucks and SUVs continue to dominate among the top 10 vehicles, including a brand-new Best Resale Value Award winner this year with the Ford Maverick compact pickup — which also was named Best New Model for 2022 by Kelley Blue Book,” Yoell said.
“It's also notable that an electrified vehicle — the Tesla Model X — is among the top 10, another indication of how electrified vehicles are becoming more mainstream in today's marketplace.”
The complete list of Best Resale Value Award winners is below:
2022 BEST RESALE VALUE: BRAND
Toyota
2022 BEST RESALE VALUE: LUXURY BRAND
Lexus
2022 BEST RESALE VALUE: BY VEHICLE CATEGORY
COMPACT CAR: Honda Civic
FULL-SIZE SUV: GMC Yukon
MIDSIZE CAR: Honda Accord
LUXURY SUBCOMPACT SUV: Volvo XC40
ENTRY-LEVEL LUXURY CAR: Lexus IS
LUXURY COMPACT SUV: Mercedes-Benz GLB
LUXURY CAR: Lexus LS
LUXURY MIDSIZE SUV – 2-ROW: Land Rover Range Rover Velar
SPORTS CAR: Chevrolet Corvette
LUXURY MIDSIZE SUV – 3-ROW: Lincoln Aviator
HYBRID VEHICLE: Toyota RAV4 Hybrid
LUXURY FULL-SIZE SUV: Lexus LX
ELECTRIC VEHICLE: Ford Mustang Mach-E
OFF-ROAD SUV: Toyota 4Runner
LUXURY ELECTRIC VEHICLE: Tesla Model X
COMPACT PICKUP TRUCK: Ford Maverick
SUBCOMPACT SUV: Subaru Crosstrek
MIDSIZE PICKUP TRUCK: Toyota Tacoma
COMPACT SUV: Subaru Forester
FULL-SIZE PICKUP TRUCK: Toyota Tundra
MIDSIZE SUV – 2-ROW: Subaru Outback
FULL-SIZE PICKUP TRUCK – HEAVY-DUTY: GMC Sierra 2500
MIDSIZE SUV – 3-ROW: Kia Telluride
MINIVAN: Toyota Sienna
2022 BEST RESALE VALUE: TOP 10 CARS
(listed alphabetically)
Chevrolet Corvette
Ford F-Series
Ford Maverick
Ford Ranger
GMC Sierra
Jeep Gladiator
Tesla Model X
Toyota 4Runner
Toyota Tacoma
Toyota Tundra