2017 Best Resale Value Awards
About the Best Resale Value Awards
We assume you don't like throwing your money away. And we think that's a fair assumption because you are here at KBB.com looking at our Best Resale Value Award winners for 2017. That alone puts you ahead of most consumers when it comes to keeping transportation costs to a minimum. Picking a vehicle with excellent resale value is very likely the most important thing you can do when it comes to keeping costs down, because as a car owner depreciation is your enemy. You can make certain you pay a fair price and secure a good loan rate for the car you buy, but all those good intentions can be undone by poor resale value. Very simply, if you care about your personal finances, you need to care about resale value.
Why is resale value so important? Because as much as you love that car, truck or SUV you are about to buy, we can tell you one thing that is virtually certain: at some point you are going to sell it. That's where resale value comes in. You can either get a lot for that vehicle you purchased a few years before or you can get a little for it. Your total ownership cost will be heavily impacted by which side of that divide you fall on.
Over the first five years of new-car ownership, depreciation is the typical car owner's biggest transportation expense. It's bigger than the cost of fuel, the cost of maintenance or the cost of insurance. That loss in the value of your car will cost you thousands of dollars during your ownership period, but if you choose a vehicle with a strong resale value story, that cost will be much lower than if you pick a vehicle that plummets in value like a stone kicked off a cliff.
Our 2017 Kelley Blue Book Best Resale Value Awards are based on what we consider to be the best research and analysis process in the industry. The resale value projections take into account current vehicle data, sales data, market conditions for each vehicle, competition within vehicle segments, expectations of the future economy and the combined experience of Kelley Blue Book's team of market and pricing analysts. In other words, this data cannot be duplicated, and it is worth your attention.
The awards recognize automakers' outstanding achievements in producing vehicles that best retain their value over the first five years (60 months) of new-vehicle ownership.
The awards are broken into three groups, as listed below.
The Best Brand and Best Luxury Brand awards recognize automotive brands for the overall combined resale-value performance of their entire portfolio of vehicles. To win one of these highly coveted awards, an automaker must offer great vehicles across its entire model line and match manufacturing to demand. If you buy a vehicle from a brand honored by Kelley Blue Book with a Best Resale Value Award you can be confident it will retain its value well.
As the title implies, inclusion in the Top 10 recognizes the 10 individual vehicles projected to retain the highest percentage of their original suggested retail price. Some are also award winners in their specific vehicle categories - Compact Car, Compact SUV/Crossover or Mid-Size SUV/Crossover, for instance - but each deserves special recognition as holding its value better than 95% of the new vehicles available this year.
Our 22 category awards provide the most valuable guidance to your shopping process, because we identify a resale value leader - and a couple runners-up - for vehicles in just about every size, shape and price available. From compact car, to luxury utility vehicle, to van and beyond, the Kelley Blue Book Best Resale Value category award winners will give you a look at the elite vehicles in retaining value over time.
And now let's move on to the Best Resale Value Award winners for 2017, starting with the two prestigious Best Brand awards.