Subaru, Lexus Retain KBB's Top Resale Crown for 2016
Subaru and Lexus brands topped Kelley Blue Book’s annual resale list for the second year in a row, the auto industry group announced Tuesday.
Subaru claimed four model winners for 2016 and Lexus nabbed six honors in the annual survey that measures projected retained value for five years of ownership. Toyota and General Motors each earned five segment winners this year and Tesla earned its first award for its Model S.
According to KBB, the top 10 cars with the best resale value were: Chevrolet Camaro and Colorado; GMC Canyon and Sierra; Jeep Wrangler; Subaru Forester and WRX; Toyota 4Runner, Tacoma and Tundra.
Segment winners included the Porsche Macan for luxury compact crossover and Lexus RC for entry-level luxury car (?).
Subcompact Car: Honda Fit
KBB noted in its statement that resale value is entirely relative: the average resale price of a $50,000 new car after five years is only $17,400.
According to the group, cars that cost $60,000 and greater were considered in luxury segments, and cars with small production numbers were excluded from competition. (That has to be why the Alfa Romeo 4C wasn’t included. Has to be. — Aaron)
“Most options and packages added to a vehicle do not necessarily increase its resale value,” Jack R. Nerad, editorial director for Kelley Blue Book, said in a statement. “However, there are exceptions to the rule, such as a high-performance engine or a performance package in a sports car.”
Notable exclusions from KBB’s list were Mazda, Audi and BMW, which had no finishers in the top 3 of any category. ( Well, I guess that depends on what you consider the Scion iA to be.)
[Image: Subaru]
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Here's the rub. This measures *projected* resale value. It'll be interesting to see how this plays out. They gave some questionable picks. For instance: 1. The Charger as second most valuable in the full size car segment 2. The Macan, Evoque, and GLA over the RDX and NX. 3. The LR4 over both the RX350 and MDX. 4. The Camaro as #1 sporty car and #1 high performance car. As with most things, time will tell.
Was pretty surprised to see the GS as #1 in resale value since it's not in particularly high demand based on sales numbers and I don't recall it having great resale value. But then I realized that it's basically competing against cars whose values basically fall off a cliff, like a BMW 7 series. So the bar is set pretty low lol.