Kelley Blue Book released their annual list of brands with the best resale value and Toyota and Lexus came out on top.
This is the third year in a row that Toyota has topped the list as Best Brand for the resale value of its overall portfolio of vehicles. Kelley Blue Book evaluates each brand based on how it performs over the course of five years accounting for every vehicle in the company’s lineup from sedan to electric to SUV.
In addition to a Best Brand, Kelley Blue Book also chooses a Best Luxury Brand which is where Lexus took the top honor. They’re also claiming this title for the third year in a row.
Along with the top brands in resale value, winners are chosen for each vehicle in 22 different categories. Not surprisingly, Toyota and Lexus took quite a few of the top category spots.
Toyota claimed six spots with the Sequoia, Avalon, Tacoma, Tundra, Sienna and FJ Cruiser winning their respective categories. Lexus also claimed six spots with its ES 350, GX 460, LX 570, LS 460, RX 450h and ES 300h. That gives those two manufacturers the top spot in over half the categories rated.
The final ranking comes in the form of an overall top ten vehicles list. All the vehicles on the list this year are projected to retain at least half of their original value after five years of ownership.
Although Lexus didn’t have any vehicles that made this list, Toyota has three of its vehicles listed. The number one spot went to the FJ Cruiser which is estimated to retain an incredible 70% of its value after five years.
The Tacoma came in at number two with 61.9% value retention after five years and their final car on the list, the 4Runner, came in at number four with a 56.2% retention in value. Toyota just missed grabbing all three top spots, with the Jeep Wrangler grabbing the number three spot with 59.1% retention.
Nicole Wakelin fell in love with cars as a teenager when she got to go for a ride in a Ferrari. It was red and it was fast and that was all that mattered. Game over. She considers things a bit more carefully now, but still has a weakness for fast, beautiful cars. Nicole also writes for NerdApproved and GeekMom.