IRVINE, Calif. — The 2017 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, were announced today by vehicle valuation provider Kelley Blue Book.
The 4Runner is one of four Toyota vehicles that earned a Best Resale Value Award from Kelly Blue Book for the 2017 model-year. Photo courtesy Toyota Motor Sales USA Inc.
Toyota earns top honors for Best Resale Value Brand, a designation it last received in 2014, claiming four 2017-MY winners. Porsche captures the Best Resale Value Luxury Brand title for the first time ever with three model winners.
Other notable automakers among the list of 2017 Best Resale Value Award winners in 22 different categories includes General Motors with an impressive seven models taking honors for its Chevrolet and GMC brands. Honda and Subaru, which was last year’s best brand winner, each take home four 2017 Best Resale Value Award wins. Lexus, last year’s best luxury brand award winner, also has four models winning this year’s awards, and joins Porsche as the only luxury brands on the list.
“Toyota and Porsche notably capture the top brand and luxury brand awards, delivering incredible resale value across their lineup of vehicles,” said Eric Ibara, director of residual values for Kelley Blue Book. “Reflective of the market overall, the majority of the Top 10 Best Resale Value vehicles this year are trucks and SUVs, with the exception of the Subaru WRX, which is further testament to the strength these segments will carry in the future.”
Kelley Blue Book’s Best Resale Value Awards are in its 15th year and are based on projections from the Kelley Blue Book Official Residual Value Guide. KBB’s Residual Values are established by automotive analysts who review the output from statistical models built upon millions of transactions.
Vehicles that earn the highest five-year residual values, expressed as a percentage of their original manufacturer’s suggested retail price, are selected for awards. Low-volume vehicles and vehicles with an MSRP of more than $60,000 are excluded from award consideration, except in the electric, luxury, sports car and high-performance categories.
For the complete list of 2017-MY winners, visit KBB.com.