Toyota & Lexus Greatest Resale Values: Honda Civic, Honda Accord & Te…

“New-car consumers who purchase from Toyota or its luxury-brand sibling Lexus – our 2022 Greatest Resale Worth Model winners – can relaxation assured that their car ought to retain its worth fairly effectively over time,” stated Janice Yoell, senior supervisor of valuations for Kelley Blue Guide. “Toyota and Lexus, respectively, are the perfect car model and luxurious model for 2022 when it comes to the very best common projected resale worth throughout their full lineups. Vehicles and SUVs proceed to dominate among the many prime 10 automobiles, together with a brand-new Greatest Resale Worth Award winner this 12 months with the Ford Maverick compact pickup – which additionally was named Greatest New Mannequin for 2022 by Kelley Blue Guide. It’s additionally notable that an electrified car – the Tesla Mannequin X – is among the many prime 10, one other indication of how electrified automobiles have gotten extra mainstream in at the moment’s market.”

This 12 months marks the sixth Greatest Resale Worth: Model win for Toyota, which beforehand gained the identical honors in 2014, 2017, 2018, 2019 and 2021. For 2022, Lexus edges previous final 12 months’s winner Porsche to rejoice its third win as Greatest Resale Worth: Luxurious Model win.

(Residual values used for award calculations are based mostly on the 2022 model-year automobiles that seem within the January/February 2022 Kelley Blue Guide^® Residual Worth Information. Prime 10 fashions seem in alphabetical order.)

Many new-car patrons don’t notice that depreciation usually is the best expense incurred by drivers through the first 5 years of auto possession. A mean 2022 model-year car will solely retain about 43% of its authentic worth after a five-year possession interval, that means {that a} $45,000 new automobile at the moment will solely be price someplace near $19,350 after 5 years. As compared, all automobiles in Kelley Blue Guide’s Prime 10 for Greatest Resale Worth are projected to retain round 56% or extra of their MSRP.

Resale worth for brand new automobiles can range significantly. Autos with common or below-average resale values typically are plentiful within the market and simple to seek out, however sure automobiles are projected to carry their worth higher than others. Whereas a lot of a car’s resale worth is predicated on provide and demand, in addition to present and projected future market situations, automobiles that retain their worth greatest sometimes are discounted the least and have a tendency to generate excessive ranges of shopper curiosity.

Now in its 20^th 12 months, Kelley Blue Guide’s Greatest Resale Worth Awards are based mostly on projections from the Kelley Blue Guide^® Official Residual Worth Information. Kelley Blue Guide^® Residual Values are established by skilled automotive analysts that evaluate the output from statistical fashions constructed upon hundreds of thousands of transactions. Autos that earn the very best five-year residual values, expressed as a proportion of their authentic Producer’s Urged Retail Value (MSRP), are chosen for these prestigious awards. Low-volume automobiles are excluded from award consideration, besides within the electrical, luxurious and sports activities automobile classes.

Residual values mirror projected future public sale values for automobiles in common situation with 75,000 miles on the finish of a five-year lease or possession interval. Kelley Blue Guide’s residual values are utilized by producers, banks, monetary establishments and the automotive leasing business.