Edmunds.com announced the winners of its fifth annual Best Retained Value Awards, and earning this year’s top honors for highest projected residuals were Toyota and Acura.
The awards spotlight the brands and 2015 models with the strongest projected five-year residual values. This is based on the vehicles’ “average ‘cash’ True Market Value (TMV) price during their first five months in the market, or for vehicles introduced in November or December of 2014, through March 2015,” Edmunds explained in a news release.
Toyota was the non-luxury division winner and had a projected five-year residual of 52.4 percent. Acura was tops on the luxury side with its 46.9 percent five-year residual.
There were also 24 segment awards to recognize individual models. Toyota took more spots than any other brand, with four winners.
The complete list of winners can be found on the Edmunds.com website.
To be eligible for the brand-level awards, brands had to have more than 100,000 unit sales last year and offer vehicles in at least four vehicle-type categories.
Models eligible for the awards included those that were from the 2015 model-year and launched by the end of 2014. Their February 2015 unit sales also had to be at least 25 percent of their respective segment average.
“Edmunds determined each model's category for the 2015 awards based on its body type segment; for certain categories, the size of the model within its body type segment; and for certain categories, the model's price and/or its competitive segment,” the company noted in its release.