Wednesday 26 October 2016
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Want The Best Resale Value? Buy A Truck

Want The Best Resale Value? Buy A Truck

Kelley Blue Book’s Annual Best Resale Value Awards are out and one thing is clear right off the top. Trucks win the day.

Trucks and SUVs dominate the 2016 Best Resale Value Awards Top 10 Model list. Out of all ten, only two of them are cars.

So without further ado, here are the KBB’s top 10 models of 2016 with the best resale value. That means they’re expected to retain an average of almost 55% of their original sticker prices after five years of typical ownership.

2016 Best Resale Value Awards: Top Ten Models

  1. 2016 Toyota Tacoma
  2. 2016 Toyota 4Runner
  3. 2016 GMC Canyon
  4. 2016 Chevrolet Colorado
  5. 2016 Jeep Wrangler
  6. 2016 Toyota Tundra
  7. 2016 Subaru WRX
  8. 2016 Chevrolet Camaro
  9. 2016 GMC Sierra
  10. 2016  Subaru Forester

Kelley Blue Book says its researchers consider a bunch of factors when projecting values. Factors include current vehicle data, sales data, market conditions for each vehicle, competition within vehicle segments, and expectations of the future economy.

2016 Best Resale Value Awards: Best Brands

The annual report also gives props to the Best Brand and Best Luxury Brand in terms of the projected resale value of its entire lineup. Here’s who took home the gold there:

  • Best Brand: Subaru
  • Best Luxury Brand: Lexus

To win brand honors, Kelley Blue Book says an automaker must make a lot of vehicles people like and have enough of them to match demand.

Photo Credit: Toyota