Toyota’s entire lineup of 2013 model-year vehicles is expected to retain the greatest amount of its original value after the initial five years of ownership. The luxury brand with the same claim is Toyota’s more refined sibling, Lexus. Both Toyota and Lexus earned the Best Resale Value Awards’ highest honors – Best Resale Value: Brand and Best Resale Value: Luxury Brand, respectively – for the second consecutive year. Both brands also won their respective categories for the 2010 model year, making them winners in three of the last four years. Toyota improved its 60-month average residual value by more than 3 percentage points from this time last year, driven primarily by the brand’s two perennial truck winners, the FJ Cruiser and Tacoma. The newly redesigned Avalon also improved its 60-month residual value nearly 8 percentage points year-over-year, making a significant contribution to Toyota’s already strong lineup.
The 2013 Residual Analysis Report is now available from Kelley Blue Book, www.kbb.com, the leading provider of new and used car information, including details about this year’s Best Resale Value Award winners. Kelley Blue Book’s Best Resale Value Awards are based on projections from the Kelley Blue Book® Official Residual Value Guide, determined by a skilled staff of automotive analysts.