Friday, 10 January 2014

KBB Reveals its Resale Value Winners for the 2014MY, Only One German Model in the List

The Kelley Blue Book (KBB) 2014 Best Resale Value Awards have named their victors in the 22 individual sections, as well as the best brand and best luxury brand distinctions.

It ranks 2014 model-year (MY) the vehicles based on their second-hand performance, after the initial five-year time span of ownership – for the 2013MY, the overall winner was the Toyota's FJ Cruiser.

This year, its twelfth one, it was Toyota and Lexus that won the brand awards, and the top was strangely lacking in German brands (only the Audi A5 Coupe made it in the list)– it was dominated by Japanese and American names.

Models from the ranges of the Lexus and Toyota brands also managed to snap up 18 of the 22 specific model sections, the rest being filled in by the likes of Honda, Jeep and Chevrolet (with the Camaro V6 and Corvette), Dodge and Subaru.

Eric Ibara, director of residual value consulting for KBB said: “While both Toyota and Lexus continue to deliver incredible resale value, we also are impressed with the strides made by Chevrolet, which tops domestic automakers with five combined awards, and Subaru with its Impreza making its way back to the top spot in its segment.”

According to KBB, an average 2014 model-year vehicle only will retain about 39.7 percent of its original value after a five-year ownership period. What this mean is that a new car priced $50,000 today will only be worth somewhere close to $19,850 after five years. However, some models retain their value better than others.

The complete list of all categories can be found by scrolling down to the gallery below.

By Andrei Nedelea

Correction: In our original post, we erroneously noted that no German car made it in the list. As pointed out by our readers, one did and that was the Audi A5 in the luxury car segment.


No comments:

Post a Comment