Kelley Blue Book’s Best Resale Value Awards are annual recognitions that go to the brands and vehicles that do the best job in retaining value. This is a great way to reduce your overall vehicle expenses, something we can all use in these uncertain times. If a vehicle has a strong resale value, that ensures that it will be worth more when it comes time to trade. Choosing the right model brings peace of mind that you’ve made the right decision. Low-volume vehicles are excluded from award consideration, except in the electric, luxury, and sports car categories. Vehicles that earn the highest 5-year residual values, expressed as a percentage of their original Manufacturer’s Suggested Retail price, are selected for these prestigious awards. Kelley Blue Book Residual values are established by experienced automotive analysts that review the output from statistical models built upon millions of transactions. Kelley Blue Book’s Best Resale value Awards are based on projections from the Kelley Blue Book Official Residual value Guide. How does Kelley Blue Book determine which cars have the best resale value? Resale value is the predicted market value of your car, truck, or SUV when it comes time to sell. Read: 10 top hybrids for less than $30,000 What is resale value?Īt some point, you may want to sell your car. Lexus returns to the podium, earning this award for the seventh time. Toyota takes the title for the fifth time in six years with five category wins.
Resale value: 63.0% Type: Heavy-Duty Pickup Truck Starting price: $38,200 2022 best resale value: brands Best brand: Toyota
Resale value: 70.8% Type: Full-Size Pickup Truck Starting price: $35,950 2022 GMC Sierra HD Resale value: 61.7% Type: Midsize Pickup Truck Starting price: $26,700 2022 Toyota Tundra Resale value: 59.5% Type: Compact Pickup Truck Starting price: $19,995 2022 Toyota Tacoma Best resale value top RankĢ022 best resale value: SUVs 2022 Subaru Crosstrek Here is KBB’s list of the 10 best overall resale values of 2022. That’s why choosing a car with good resale value can often save you more money in the long run than chasing big rebates and other incentives. For a $35,000 vehicle that works out to a meaningful difference of about $6,650 over a 5-year buy-own-sell ownership cycle. While the average new vehicle will be worth about 40% of its original sticker price after 60 months, these 10 vehicles will return an average of more than 59% to their owners’ pockets.
These vehicles retain their value better than 95% of all other models. This list represents the best of the best, and the threshold for this honor is high. Kelley Blue Book’s annual Best Resale value Awards recognizes the 10 individual vehicles that are projected to retain the highest percentage of their original MSRP.
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