Honda and Lexus Rated Best for Resale Value
Honda won the 2011 brand award for non-luxury makes, while Lexus took home the award for luxury brands.
Honda's average projected retained value is 50.4%, while Lexus' average projected retained value is 48.1%.
These award winners help shoppers choose a car with high-retained value so they can maximize savings when it comes to trade-in or selling the vehicle down the road.
A high resale value also makes it less expensive to lease the vehicle. Here is the full list of winners:
|*Sedan Under $20,000||2011||Honda||Civic||51.9%|
|*Sedan Under $20,000||2011||Mazda||MAZDA3||51.9%|
|Sedan Over $40K||2011||Lexus||GS 350||45.8%|
|Coupe Under $25,000||2011||MINI||Cooper||54.2%|
|Coupe $35K-$45K||2011||Infiniti||G Coupe||46.6%|
|Coupe Over $45,000||2011||Ford||Shelby GT500||48.1%|
|Convertible Under $35,000||2011||MINI||Cooper||54.4%|
|Convertible $35K-$45K||2011||Lexus||IS 250 C||48.9%|
|Convertible Over $45,000||2011||Chevrolet||Corvette||47.3%|
|SUV Under $25,000||2011||Honda||CR-V||54.4%|
|SUV $35K-$45K||2011||Lexus||RX 350||49.6%|
|SUV Over $45,000||2011||Lexus||GX 460||47.8%|
|Wagon Under $25,000||2011||Scion||xB||49.6%|
|Wagon $25K-$35K||2011||MINI||Cooper Countryman||52.5%|
|Wagon Over $35,000||2011||Audi||A4||45.4%|
|Large Heavy Duty Truck||2011||Ford||F-350 Super Duty||50.2%|
|Large Light Duty Truck||2011||Toyota||Tundra||50.0%|
My Recommendation for Car ShoppersTrueCar No-Haggle, CarsDirect, and NADAGuides are the quickest way to see the lowest car prices in your area. These sites show you no-haggle prices from dealers closest to you - and the deals are usually really good. This should be the first step you take when negotiating your car price. Follow this up with my checklist to make sure you squeeze out every last bit of savings.
- Gregg Fidan
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