Kelley Blue Book: Toyota Has Best Resale Value

Toyota FJ Cruiser

The Toyota brand has long been known for its dependability and long-lived vehicles. Well, Kelley Blue Book recently awarded Toyota with the best non-luxury brand resale value award in its annual Kelley Blue Book Best Resale Value Awards! Additionally, the Toyota luxury brand, Lexus, won best resale value for the luxury brand!

This means that when you sell your Toyota, you will get more money than any other brand because the Toyota resale value is better than any other brand!

According to this New York Times article, “…the used-car pricing service, the average vehicle, no matter the brand, is expected to retain about 38.2 percent of its original value after five years, which means that a $50,000 new car today would be worth about $19,100 after five years.

The average Toyota, however, is expected to retain 44 percent of its original list price, while a Lexus is expected to retain 43.7 percent, Eric Ibara, director of residual consulting for Kelley Blue Book, said in a telephone interview.”

The awards are based on which cars are expected to retain the most value after 75,000 miles and/or a five year period…just about the time you may be considering selling your Toyota to make room for a newer model.

The vehicle that retained the most value after five years was the Toyota FJ Cruiser at 63 percent. In second place was the Toyota Tacoma, retaining 57 percent of its value.

“Combined, 12 Toyota and Lexus models received Best Resale Value Awards this year, and half of the Top 10 models were from either Toyota or Lexus.”

So what do you do now that much-respected Kelley Blue Book told the world about Toyota resale values? Check out the huge new and used car inventory of Burien Toyota. Or even better, head to Burien Toyota to test drive the Toyota that fits you knowing that it will have dynamite resale value down the road because of its high quality and reliability!