Did you know that after five years, the average vehicle only retains 35 percent of its original value? This means that a car costing $50,000 today will be worth around $17,000 and change in 2013.
Ouch!
Kelley Blue Book's Best Resale Value Awards are not designed to make us kick ourselves for the car we should have bought, but to give us the information we need to make better car-buying decisions in the future.
See if your car is among the winners (mine is - yay!), and if it's not, you can cry on my virtual shoulder. Just promise me that next time, you'll shop smarter.
2009 Best Resale Value: Brand
Honda
2009 Best Resale Value: By Vehicle Category
Compact Pickup: Toyota Tacoma
Full-size Pickup: Toyota Tundra
Crossover: Honda CR-V
Luxury Crossover: BMW X5
Hybrid Crossover: Toyota Highlander Hybrid
SUV: Jeep Wrangler
Luxury SUV: Audi Q7 Quattro
Hybrid SUV: Chevrolet Tahoe
High Performance Car: Nissan GT-R
Hybrid Car: Honda Civic Hybrid
Compact Car: MINI Cooper
Mid-Size Car: Lexus IS
Full-Size Car: Cadillac CTS
Luxury Car: Audi A5
Van: Honda Odyssey
2009 Best Resale Value: Top 10 Models
Honda Civic/Civic Hybrid
Honda Fit
MINI Cooper
Scion xB
Scion xD
Scion tC
Toyota Corolla
Toyota Prius
Toyota Yaris
Volkswagen Rabbit
(Note: All values are based on the November/December 2008 Kelley Blue Book Residual Value Guide. Top 10 models appear in alphabetical order).
Source: http://www.kbb.com/brva09
Published by Jennifer Jackson
Jennifer Jackson has 10+ yrs experience in interactive marketing, advertising, corporate communications and online media planning/buying. A published poet and author of technology articles, she is currently... View profile
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