How To Use The Kelley Blue Book (KBB) To Find Values of ...
August 3, 2013

Kbb My Truck Value

By Andrea

IRVINE, Calif., Jan. 21, 2020 /PRNewswire/ — Abounding new-car buyers accept heard the accepted expression, “penny-wise and pound-foolish.” As it relates to new-car shopping, you can save money affairs a beneath big-ticket new car, but afterwards acquisition out it depreciates faster than a similar, added big-ticket car that holds its amount better. The money you save on a new-car acquirement can be added than fabricated up for by the greater abrasion bristles years later. Understanding what a agent will be account back activity to advertise or barter it in can accomplish the aberration of hundreds, if not thousands, of dollars in the continued run. To advice new-car buyers boutique smart, Kelley Blue Book today announces the 2020 model-year brand, class and top 10 winners of the anniversary Best Resale Amount Awards, acquainted cartage for their projected retained amount through the antecedent five-year affairs period.

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Understanding what a agent will be account back activity to advertise or barter it in can accomplish the aberration of hundreds, if not thousands, of dollars in the continued run. To advice new-car buyers boutique smart, Kelley Blue Book today announces the 2020 model-year brand, class and top 10 winners of the anniversary Best Resale Amount Awards, acquainted cartage for their projected retained amount through the antecedent five-year affairs period.

“Kelley Blue Book’s analysts are afflicted at the balance ethics of our Best Resale Value: Cast winners, Subaru and Porsche, and new-car shoppers would be astute to accede a agent from one of those two brands to get the best blast for their blade in the continued term,” said Eric Ibara, administrator of balance ethics for Kelley Blue Book. “Once again, this year’s Top 10 models are bedeviled by trucks, except for the all-new and much-hyped 2020 Chevrolet Corvette actualization on this year’s list. Without the approaching anticipation of decidedly college gas prices, the used-car appeal for trucks continues to be an ongoing, multi-year trend, anon impacting new cars.”

This year marks the fourth Best Resale Value: Cast win for Subaru, which ahead won the aforementioned ceremoniousness in 2011, 2015 and 2016. For 2020, Porsche celebrates its fourth afterwards win as Best Resale Value: Affluence Brand.

 

2020 BEST RESALE VALUE: BY VEHICLE CATEGORY

COMPACT CAR:  Subaru Impreza

MIDSIZE SUV – 3-ROW:  Toyota Highlander

MIDSIZE CAR:  Subaru Legacy

FULL-SIZE SUV:  GMC Yukon

FULL-SIZE CAR:  Toyota Avalon

LUXURY SUBCOMPACT SUV:  Volvo XC40

ENTRY-LEVEL LUXURY CAR:  Lexus ES

LUXURY COMPACT SUV:  Porsche Macan

LUXURY CAR:  Lexus GS

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LUXURY MIDSIZE SUV – 2-ROW:  Porsche Cayenne

HIGH-END LUXURY CAR:  Porsche Panamera

LUXURY MIDSIZE SUV – 3-ROW:  Lexus GX

SPORTS CAR:  Chevrolet Corvette

LUXURY FULL-SIZE SUV:  Lexus LX

HYBRID CAR:  Toyota Prius Prime

OFF-ROAD SUV:  Jeep Wrangler 4-Door

ELECTRIC VEHICLE:  Tesla Archetypal X

MIDSIZE PICKUP TRUCK:  Toyota Tacoma

SUBCOMPACT SUV:  Subaru Crosstrek

FULL-SIZE PICKUP TRUCK:  Toyota Tundra

COMPACT SUV:  Subaru Forester

FULL-SIZE PICKUP TRUCK – HEAVY-DUTY:  Chevrolet Silverado HD

MIDSIZE SUV – 2-ROW:  Subaru Outback

MINIVAN:  Honda Odyssey

 

2020 BEST RESALE VALUE: TOP 10 CARS

Chevrolet Corvette

Jeep Wrangler

Chevrolet Silverado

Ram Pickup

Ford Ranger

Toyota 4Runner

GMC Sierra

Toyota Tacoma

Jeep Gladiator

Toyota Tundra

 

(Residual ethics acclimated for accolade calculations are based on the 2020 model-year cartage that arise in the January/February 2020 Kelley Blue Bookâ Residual Amount Guide. Top 10 models arise in alphabetical order.)

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Many new-car buyers do not apprehend that abrasion about is the greatest amount incurred by drivers during the aboriginal bristles years of agent ownership. An boilerplate 2020 model-year agent will alone absorb about 37% of its aboriginal amount afterwards a five-year affairs period, acceptation that a $35,000 new car today will alone be account about abutting to $12,950 afterwards bristles years. In comparison, all cartage in Kelley Blue Book’s Top 10 for Best Resale Amount are projected to absorb added than 50% of their MSRP. This year’s top model, the 2020 Toyota Tacoma, is accepted to be account 61% of its MSRP afterwards bristles years.

Resale amount for new cartage can alter greatly. Cartage with boilerplate or below-average resale ethics about are abounding in the exchange and accessible to find, but assertive cartage are projected to authority their amount bigger than others. While abundant of a vehicle’s resale amount is based on accumulation and demand, as able-bodied as accepted and projected approaching bazaar conditions, cartage that absorb their amount best about are discounted the atomic and tend to accomplish aerial levels of customer interest.

Now in its 18th year, Kelley Blue Book’s Best Resale Amount Awards are based on projections from the Kelley Blue Book® Official Balance Amount Guide. Kelley Blue Book® Balance Ethics are accustomed by accomplished automotive analysts that analysis the achievement from statistical models congenital aloft millions of transactions. Cartage that acquire the accomplished five-year balance values, bidding as a allotment of their aboriginal Manufacturer’s Suggested Retail Price (MSRP), are called for these celebrated awards. Low-volume cartage are afar from accolade consideration, except in the electric, affluence and sports car categories.

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Residual ethics reflect projected approaching bargain ethics for cartage in boilerplate action with 75,000 afar at the end of a five-year charter or affairs period. Kelley Blue Book’s balance ethics are acclimated by manufacturers, banks, banking institutions and the automotive leasing industry. For added advice about Kelley Blue Book’s Best Resale Amount Awards, visit https://www.kbb.com/articles/best-cars/2020-best-resale-value-awards-top-cars-trucks-and-suvs/.

To altercate this topic, or any added automotive-related information, with a Kelley Blue Book analyst on-camera via the company’s on-site studio, amuse acquaintance a affiliate of the Public Relations aggregation to agenda an interview.

For added advice and account from Kelley Blue Book’s KBB.com, appointment www.kbb.com/media/, chase us on Cheep at www.twitter.com/kelleybluebook (or @kelleybluebook), like our folio on Facebook at www.facebook.com/kbb, and chase us on Instagram at https://www.instagram.com/kbb_com/ (or @kbb_com).

About Kelley Blue Book (www.kbb.com)Founded in 1926, Kelley Blue Book, The Trusted Resource®, is the agent appraisal and advice antecedent trusted and relied aloft by both consumers and the automotive industry. Each anniversary the aggregation provides market-reflective ethics on its top-rated website KBB.com, including its acclaimed Blue Book® Trade-In Ethics and Kelley Blue Book® Price Advisor tool, which provides a ambit for what consumers can analytic apprehend to pay for a agent in their area. Car owners attractive to advertise anon can additionally get a redeemable, transaction-ready action with Kelley Blue BookSM Instant Cash Offer. The aggregation additionally provides agent appraisement and ethics through assorted articles and casework accessible to car dealers, auto manufacturers, accounts and allowance companies, and governmental agencies. Kelley Blue Book is a Cox Automotive brand.

About Cox AutomotiveCox Automotive Inc. makes buying, selling, owning and application cars easier for everyone. The all-around company’s 34,000-plus aggregation associates and ancestors of brands, including Autotrader®, Clutch Technologies, Dealer.com®, Dealertrack®, Kelley Blue Book®, Manheim®, NextGear Capital®, VinSolutions®, vAuto® and Xtime®, are amorous about allowance millions of car shoppers, 40,000 auto banker audience beyond bristles continents and abounding others throughout the automotive industry advance for ancestors to come. Cox Automotive is a accessory of Cox Enterprises Inc., a privately-owned, Atlanta-based aggregation with revenues beyond $20 billion. coxautoinc.com

Kelley Blue Book Logo. (PRNewsFoto/Kelley Blue Book)

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SOURCE Kelley Blue Book

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