Toyota reclaims KBB resale value crown
Toyota has claimed the title of Kelley Blue Book’s Best Resale Value Brand for the first time since 2014, and Porsche celebrates its first time earning the Best Resale Value Luxury Brand belt.
KBB announced its 2017 Best Resale Value Awards on Wednesday, revealing 22 vehicle category winners and a top 10 list in addition to the aforementioned brand leaders.
“Toyota and Porsche notably capture the top brand and luxury brand awards, delivering incredible resale value across their lineup of vehicles,” Eric Ibara, KBB’s director of residual values, said in a news release.
Interestingly enough, all of the luxury vehicle category winners — which recognize individual models — were from either Porsche or Lexus (which was the 2016 Best Resale Value Luxury Brand).
Toyota vehicles, meanwhile, won three vehicle categories and Toyota had three models make the top 10 list for best resale value,
That top 10, which was compiled alphabetically, was dominated by the truck side of the market.
“Reflective of the market overall, the majority of the Top 10 Best Resale Value vehicles this year are trucks and SUVs, with the exception of the Subaru WRX, which is further testament to the strength these segments will carry in the future,” Ibara said.
Looking at the entire lineup of awards, Toyota had the most overall with seven, followed by Chevrolet with five.
The KBB awards are based on projected retained valued through the initial five-year ownership period and are calculated through the Kelley Blue Book Official Residual Value Guide.
The complete list from KBB is below:
2017 BEST RESALE VALUE: BRAND
TOYOTA
2017 BEST RESALE VALUE: LUXURY BRAND
PORSCHE
2017 BEST RESALE VALUE: BY VEHICLE CATEGORY
SUBCOMPACT CAR: Honda Fit
COMPACT CAR: Subaru Impreza
SPORTY COMPACT CAR: Subaru WRX
MID-SIZE CAR: Subaru Legacy
FULL-SIZE CAR: Nissan Maxima
ENTRY-LEVEL LUXURY CAR: Lexus RC
LUXURY CAR: Lexus GS
HIGH-END LUXURY CAR: Porsche Panamera
SPORTS CAR: Porsche 718 Cayman
HIGH PERFORMANCE CAR: Ford Mustang Shelby
HYBRID/ALTERNATIVE ENERGY CAR: Honda Accord Hybrid
ELECTRIC VEHICLE: Chevrolet Bolt EV
SUBCOMPACT SUV/CROSSOVER: Honda HR-V
COMPACT SUV/CROSSOVER: Jeep Wrangler
MID-SIZE SUV/CROSSOVER: Toyota 4Runner
FULL-SIZE SUV/CROSSOVER: Chevrolet Suburban
LUXURY COMPACT SUV/CROSSOVER: Porsche Macan
LUXURY MID-SIZE SUV/CROSSOVER: Lexus RX
LUXURY FULL-SIZE SUV/CROSSOVER: Lexus LX
MID-SIZE PICKUP TRUCK: Toyota Tacoma
FULL-SIZE PICKUP TRUCK: Chevrolet Silverado HD
MINIVAN: Toyota Sienna
2017 BEST RESALE VALUE: TOP 10 CARS (in alphabetical order)
Chevrolet Colorado
Chevrolet Silverado
GMC Canyon
GMC Sierra
Honda Ridgeline
Jeep Wrangler
Subaru WRX
Toyota 4Runner
Toyota Tacoma
Toyota Tundra
KBB notes that the residual values it uses to determine the awards are based on 2017 model-year vehicles in the January/February edition of the KBB Residual Value Guide.