Toyota Brand Awarded Best Resale Value by KBB

December 10, 2009

Many car shoppers never realize depreciation is the biggest cost when it comes to owning a new car. After 3 years, most new cars are worth about half what they were brand new. For a $30,000 car, the cost is equivalent to $5,000 per year.

It's important to pay attention to residual values and choose a car that will retain its value, especially if you intend to sell it within 5 years.

Kelley Blue Book just announced the results of its "2010 Best Resale Value" award winners and Toyota won the best brand for the first time since the awards began in 2003. Lexus was also awarded the best Luxury brand.

As for individual cars, here are the top 10 best cars to own when it comes to resale value:

Audi A5
BMW M3
Chevrolet Corvette
Chevrolet Camaro SS
Honda CR-V
Mini Cooper
Mini Cooper Clubman
Toyota Prius
Toyota RAV4
Toyota Tacoma

To see the full list and winners by category, check out KBB's press release

Why I Recommend CarWoo as the #1 Tool for New Car Shoppers

CarWoo is hands down the best car buying tool I've tested so far. I recommend it not only to my readers, but to friends and family because it saves time and hassle while getting you a great deal (plus it's free). It should be the first step you take when negotiating car prices. You should follow that up with my checklist to make sure you get the best possible deal.
- Gregg Fidan

About: Gregg Fidan

Gregg Fidan + is the founder of RealCarTips. After being ripped off on his first car purchase, he devoted several years to figuring out the best ways to avoid scams and negotiate the best car deals. He has written hundreds of articles on the subject of car buying and taught thousands of car shoppers how to get the best deals.

Recent Tips, News, & Incentives RSS Feed

May 16, 2013

May 9, 2013

May 2, 2013

April 25, 2013

April 18, 2013

April 11, 2013

April 4, 2013

March 28, 2013

I welcome your car buying questions. Email Me and I'll be glad to answer them!