KBB Resale Value Awards ‘Dominated’ By Larger Models
Kelley Blue Book revealed this morning the 2015 winners of the annual Best Resale Value Awards, peppered this time around with trucks, SUVs and crossover models.
“The entire list of Top 10 Best Resale Value vehicles is dominated this year by trucks, SUVs and crossovers, which is a testament to the strength these categories will carry in the future,” said Eric Ibara, director of residual value consulting for Kelley Blue Book.
Top brand honors were given to Subaru and Lexus, for best brand and best luxury brand, respectively.
This year’s model-year brand and category winners of the awards — which recognize vehicles for their projected retained value through the initial five-year ownership period — were dominated by the two top brands, as well.
Out of the 22 vehicle segments, Subaru took home three model awards for its Legacy, Impreza and WRX. Lexus, on the other hand, was honored for six of its models, including GX 460 and the LX 570.
“Lexus notably captured the top luxury brand honors for the fourth year in a row, and after previously winning the brand award in 2011, Subaru is back on top again for 2015 as the best mainstream brand for resale value across its entire lineup,” said Ibara.
The domestics made an impressive showing, as well, with Chevrolet notching five model awards and GMC taking home two, and more than half of the Top 10 models hail from domestic manufacturers.
“While both Subaru and Lexus deliver incredible resale value, we also are impressed with the strides made by General Motors, which tops domestic automakers with seven combined awards for Chevrolet and GMC,” Ibara said.
Though these are the top performers when it comes to price retention, KBB also touched on the industry average.
An average 2015 model-year vehicle only will retain about 38.2 percent of its original value after a five-year ownership period, according to KBB.
See below for the full lineup of winners for KBB’s 13th annual Best Resale Value Awards, which are based on projections from the Kelley Blue Book Official Residual Value Guide.
2015 Best Resale Value: Brand
Subaru
2015 Best Resale Value: Luxury Brand
Lexus
2015 Best Resale Value: Top 10 Cars
Chevrolet Colorado
Honda CR-V
Chevrolet Silverado
Jeep Wrangler
Ford F-150
Toyota Tacoma
GMC Canyon
Toyota Tundra
GMC Sierra
Toyota 4Runner
2015 Best Resale Value: By Vehicle Category
Subcompact Car: Honda Fit
Plug-In Vehicle: Porsche Cayenne S E-Hybrid
Compact Car: Subaru Impreza
Compact SUV/Crossover: Jeep Wrangler
Sporty Compact Cars: Subaru WRX
Mid-Size SUV/Crossover: Jeep Wrangler Unlimited
Mid-Size Car: Subaru Legacy
Full-Size SUV/Crossover: Chevrolet Suburban
Full-size Car: Dodge Charger
Luxury Compact SUV/Crossover: Mercedes-Benz GLK-Class
Entry-Level Luxury Car: Lexus RC 350
Luxury Mid-Size SUV/Crossover: Lexus GX 460
Luxury Car: Lexus GS 350
Luxury Full-Size SUV/Crossover: Lexus LX 570
High-End Luxury Car: Lexus LS 460
Hybrid SUV/Crossover: Lexus RX 450h
Sports Car: Chevrolet Camaro V6
Mid-Size Pickup Truck: Toyota Tacoma
High Performance Car: Chevrolet Corvette
Full-Size Pickup Truck: Toyota Tundra
Hybrid/Alternative Energy Car: Toyota Camry Hybrid
Minivan/Van: Toyota Sienna