By: America's Credit Union on February 15th, 2018
Best Cars for Resale Value 2018, According to Kelley Blue Book
In the Market for a New Car? - Here's the 2018 Best Cars for Resale
While most car buyers consider the sales price one of the most significant figures when choosing a new vehicle, the experts at Kelley Blue Book recommend shoppers consider a number they won't find on any window sticker: the resale value.
That’s why the vehicle valuation specialist has named the 2018 model-year brand and category winners of the annual Best Resale Value Awards, recognizing vehicles for their projected retained value through the initial five-year ownership period.
"Once again, Toyota and Porsche earn tops honors in the brand and luxury brand categories, respectively, with the highest average projected resale value among their full model lineups. You can be confident a vehicle will retain its value well if you pick from Kelley Blue Book's list of Best Resale Value Award winners," said Eric Ibara, director of residual values for Kelley Blue Book.
Ibara added, "The Top 10 vehicle winners are predominantly trucks, which reflects the high demand that exists for these models. Despite the higher incentives available on trucks today, used-car buyers are willing to pay more for trucks, relative to the initial MSRP, than they are for sedans. Without the prospect of higher gas prices, this trend doesn't appear to be slowing."
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This is the third Best Resale Value: Brand win for Toyota, which previously won in 2014 and 2017. This year marks Porsche's second consecutive Best Resale Value: Luxury Brand win.
2018 Best Resale Value, Brand: Toyota
2018 Best Resale Value, Luxury Brand: Porsche
2018 Best Resale Value by Category, Subcompact Car: Honda Fit
Electric Vehicle: Chevrolet Bolt EV
Compact Car: Subaru Impreza
Subcompact SUV/Crossover: Honda HR-V
Sporty Compact Car: Subaru WRX
Compact SUV/Crossover: Jeep Wrangler
Mid-Size Car: Honda Accord
Mid-Size Crossover: Jeep Wrangler
Unlimited Full-Size Car: Toyota Avalon
Full-Size/Crossover: Chevrolet Tahoe
Entry-Level Luxury Car: Lexus RC
Luxury Compact SUV/Crossover: Porsche Macan
Luxury Car: Lexus GS
Luxury Mid-Size SUV/Crossover: Lexus RX
High-End Luxury Car: Porsche Panamera
Luxury Full-Size SUV/Crossover: Lexus LX
Sports Car: Porsche 718 Cayman
Mid-Size Pickup Truck: Toyota Tacoma
High-Performance Car: Porsche 911
Full-Size Pickup Truck: Chevrolet Silverado
HD Hybrid/Alternative Energy Car: Toyota Avalon
Hybrid Minivan: Honda Odyssey
Keep in mind that many factors influence the “value equation” of vehicle ownership and leasing, including the initial deal, operating costs, maintenance costs, resale value – and all those “fine print” aspects like mileage allowance on leases.
Of course, Kelley Blue Book does a good job of tracking all those things as well. Find out more at kbb.com.
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