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
Get My Free Weekly Advice on Car Buying
Each week, I'll keep you up-to-date on the latest car deals and news that might affect your purchase. This includes...
- Best Rebates, Incentives, and Lease Deals
- Latest Car Buying Scams and Tricks
- The Best & Worst Time to Buy a Car
- Which Cars You Should Avoid
×
My Top Recommended Tools for Car Shoppers
TrueCar and
Edmunds Price Promise are the quickest way to see the lowest prices available on new cars in your area. Both tools provide upfront prices from local dealers, and the deals are usually really good. 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
April 24, 2014
April 17, 2014
April 10, 2014
April 3, 2014
March 27, 2014
March 20, 2014
March 13, 2014
March 6, 2014
February 27, 2014
February 20, 2014
February 13, 2014
February 6, 2014
January 30, 2014
January 23, 2014
January 16, 2014
January 9, 2014
January 2, 2014
I welcome your car buying questions. Email Me and I'll be glad to answer them!
