- Stefaney Rants
Kelley Blue Book's Best Resale Value Awards
Alright, let’s talk shop for a minute. Did you know over the first five years of new-car ownership, depreciation is a bigger expense than fuel, maintenance or insurance? Simply choosing a vehicle that has an excellent resale value is one of the easiest ways to save money when buying a new car. Seems simple, right? That’s why the Kelley Blue Book Best Resale Value Awards make it easy to shop smart.
The Kelley Blue Book Best Resale Value Awards are based on the best research and analysis process in the industry. Kelley Blue Book’s resale value projections take into account lots of things like 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.
I know this sounds like a lot and it is! Most importantly, it’s hard-earned data that can save you thousands of dollars, and guess what... it's yours for free!
To make things easy, the awards are broken into three groups: Best Brands, Top Ten Cars and Category Winners. All you have to do is visit KBB.com and you’ll see the whole list! Here’s a few category winners that caught my eye...
For Electric Vehicle, the Chevrolet Bolt EV takes the win.
For Mid-Size Pickup, it’s the Toyota Tacoma.
If you want something with more bells and whistles, the Porsche Panamera is recommended for High-End Luxury Car.
And the Jeep Wrangler is the best resale for compact SUV/crossover.
When it comes to getting the most car for your money, most people already spend a lot of time searching for a fair price and securing good financing rates. But if you choose the wrong car, all your hard work can go right out the window. So when you’re in the market, make sure to consider resale value as part of your selection process and remember that Kelley Blue Book has done the work for you! You can feel confident because Kelley Blue Book projections of resale value are extremely accurate in estimating the future values of new vehicles, they’re even used by many of the nation's leading financial institutions. So before you buy, make sure to visit KBB.com. It’s definitely worth it!