Welcome!

Agile Computing Authors: Kevin Jackson, AppNeta Blog, Elizabeth White, Carmen Gonzalez, Yeshim Deniz

News Feed Item

2013 Best Resale Value Award Winners Announced By Kelley Blue Book

KBB.com Offers Advice on Choosing New Cars Predicted to Maintain Value over Five-Year Ownership Period

IRVINE, Calif., Nov. 26, 2012 /PRNewswire/ -- The 2013 model-year vehicle winners of the annual Best Resale Value Awards, recognizing current and forthcoming vehicles for their projected retained value throughout the initial five-year ownership period, were announced today by Kelley Blue Book, www.kbb.com, the leading provider of new and used car information.  Since depreciation (or loss of value) is typically a car buyer's primary expense during ownership, these awards, like all of KBB.com's new and used vehicle information, are designed to help consumers make more informed car-buying decisions.

To view the multimedia content associated with this release, please click: http://www.multivu.com/players/English/58376-kelley-blue-book-kbb-2013-best-resale-value-awards/

(Photo:  http://photos.prnewswire.com/prnh/20121126/MM15562LOGO )

(Photo:  http://photos.prnewswire.com/prnh/20121108/LA08161LOGO )

Kelley Blue Book's Best Resale Value Awards are based on projections from the Kelley Blue Book® Official Residual Value Guide, determined by a skilled staff of automotive analysts.  These prestigious awards honor vehicles expected to maintain the greatest proportion of their original Manufacturer's Suggested Retail Price (MSRP) after five years of ownership.  Low-volume vehicles and vehicles with a MSRP of more than $60,000 are excluded from award consideration, except in the luxury and high-performance categories.

2013 BEST RESALE VALUE: BRAND

TOYOTA

2013 BEST RESALE VALUE: LUXURY BRAND

LEXUS

 

2013 BEST RESALE VALUE: BY VEHICLE CATEGORY


SUBCOMPACT CAR: Honda Fit

COMPACT SUV/CROSSOVER: Jeep Wrangler

COMPACT CAR: Honda Civic

MID-SIZE SUV/CROSSOVER: Toyota FJ Cruiser

SPORTY COMPACT CAR: Honda Civic Si

FULL-SIZE SUV/CROSSOVER: Toyota Sequoia

MID-SIZE CAR: Honda Accord

LUXURY COMPACT SUV/CROSSOVER: Infiniti EX

FULL-SIZE CAR: Toyota Avalon

LUXURY MID-SIZE SUV/CROSSOVER: Porsche Cayenne

ENTRY-LEVEL LUXURY CAR: Lexus IS

LUXURY FULL-SIZE SUV/CROSSOVER: Lexus LX

LUXURY CAR: Lexus GS 350

MID-SIZE PICKUP TRUCK: Toyota Tacoma

HIGH-END LUXURY CAR: Porsche Panamera

FULL-SIZE PICKUP TRUCK: Toyota Tundra

SPORTS CAR: Chevrolet Camaro V6

MINIVAN/VAN: Toyota Sienna

HIGH-PERFORMANCE CAR: Chevrolet Camaro SS

HYBRID SUV/CROSSOVER: Lexus RX 450h

HYBRID/ALTERNATIVE ENERGY CAR: Ford Fusion


ELECTRIC VEHICLE: Chevrolet Volt


 

2013 BEST RESALE VALUE: TOP 10 CARS

Honda Civic

Scion tC

Honda CR-V

Toyota FJ Cruiser

Jeep Wrangler

Toyota Land Cruiser

Lexus LX

Toyota Tacoma

Porsche Cayenne

Toyota 4Runner

(Residual values used for award calculations are based on the November/December 2012 Kelley Blue Book® Residual Value Guide.  Top 10 models appear in alphabetical order).

While most car buyers today consider sticker price one of the most significant numbers when choosing a new vehicle, the editors at Kelley Blue Book's KBB.com recommend that shoppers consider a number they won't find on any window sticker: the resale value.  Depreciation often is the greatest expense incurred by drivers during the first five years of vehicle ownership.  An average 2013 model-year vehicle only will retain about 38.6 percent of its original value after a five-year ownership period, meaning that a $50,000 new car today will only be worth somewhere close to $19,300 after five years.  Vehicles with average or below-average resale values are generally plentiful in the marketplace and easy to find.  But certain vehicles are projected to hold their value better than others.  While much of a vehicle's resale value is based on supply and demand, as well as current and projected future market conditions, vehicles that retain their value best are rarely discounted and tend to generate high levels of consumer interest.

"The competition for Best Resale Value within many segments has become very heated in the last few years, as major vehicle redesigns and new model introductions have challenged the traditional favorites," said Eric Ibara, director of residual consulting for Kelley Blue Book.  "However, for the second year in a row, Toyota and Lexus retain the top Best Resale Value ranking for both non-luxury and luxury brands, based on the average 60-month residual value across all models in each brands' respective lineup.  Combined, there is an impressive total of 12 Toyota and Lexus models bringing home 2013 Kelley Blue Book Best Resale Value Awards this year; half of the Top 10 models with Best Resale Value for 2013 hail from either Toyota or Lexus."

Vehicle shoppers should take several factors into consideration when buying a new car to ensure as much future value as possible.  Just because a car is expensive or from a luxury brand does not necessarily mean it will hold its value better than an inexpensive car down the road.  In fact, because resale values are calculated as a percent of original MSRP, an expensive vehicle has to command a relatively high price later as a used car to maintain its residual value.  For example, a $60,000 vehicle has to be worth $21,000 five years later to have a residual value of 35 percent.  At this price point, not only will it compete with other used luxury vehicles, but it also will compete with some new vehicles in the marketplace.  Meanwhile, an $18,000 new vehicle only needs to be worth $6,300 five years later to have the same 35 percent residual value, and at that price point it will not compete with new vehicles.

"Getting the most for your money means knowing what your car will be worth when you sell it, not just what it's worth when you buy it," said Jack Nerad, executive editorial director and executive market analyst for Kelley Blue Book's KBB.com.  "Vehicle depreciation is a new-car buyer's biggest expense, yet many shoppers don't realize that resale value information is available for free on Kelley Blue Book's KBB.com.  Taking the time to research and wisely choose vehicle makes, models and options now can help new-car shoppers get as much money as possible when they sell or trade-in the vehicle in the future."

In addition, most options and packages added to a vehicle do not necessarily increase its resale value.  However, there are exceptions to the rule, such as a high-performance engine or a performance package in a sports car.  Finally, regional preferences can significantly impact the value of a vehicle.  In the colder sections of the country, a two-wheel drive vehicle's resale value will not be as high as a four-wheel or all-wheel drive option of that same model.  At the other end of the thermometer, in warmer climates black (or dark-colored) cars will not have as high resale value as they could command in other regions.

While the company's Residual Value Guide has been published since 1982, Kelley Blue Book established its annual Best Resale Value Awards in 2003.  Kelley Blue Book reports projections based on current vehicle data, relevant auction transactions, 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 residual analysts.  Residual values reflect projected future auction values for vehicles in average condition with 75,000 miles at the end of a five-year lease or ownership period.  Kelley Blue Book's residual values are used by manufacturers, banks, financial institutions, and the automotive leasing industry.

For more information about Kelley Blue Book's Best Resale Value Awards, please visit http://www.kbb.com/new-cars/best-resale-value-awards-2013/.  

For more information and news from Kelley Blue Book's KBB.com, visit www.kbb.com/media/, follow us on Twitter at www.twitter.com/kelleybluebook (or @kelleybluebook), like our page on Facebook at www.facebook.com/kbb, and get updates on Google+ at https://plus.google.com/+kbb/.

About Kelley Blue Book (www.kbb.com)
Founded in 1926, Kelley Blue Book, The Trusted Resource®, is the only vehicle valuation and information source trusted and relied upon by both consumers and the industry.  Each week the company provides the most market-reflective values in the industry on its top-rated website www.kbb.com, including its famous Blue Book® Trade-In and Suggested Retail Values and Fair Purchase Price, which reports what others are paying for new cars this week.  The company also provides vehicle pricing and values through various products and services available to car dealers, auto manufacturers, finance and insurance companies as well as governmental agencies.  KBB.com provides consumer pricing and information on cars for sale, minivans, pickup trucks, sedan, hybrids, electric cars, and SUVs.  Kelley Blue Book's KBB.com ranked highest in its category for brand equity and was named Online Auto Shopping Brand of the Year by the 2012 Harris Poll EquiTrend® study.  Kelley Blue Book Co. Inc. is a wholly owned subsidiary of AutoTrader Group.

SOURCE Kelley Blue Book

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

@ThingsExpo Stories
Smart Cities are here to stay, but for their promise to be delivered, the data they produce must not be put in new siloes. In his session at @ThingsExpo, Mathias Herberts, Co-founder and CTO of Cityzen Data, discussed the best practices that will ensure a successful smart city journey.
WebRTC sits at the intersection between VoIP and the Web. As such, it poses some interesting challenges for those developing services on top of it, but also for those who need to test and monitor these services. In his session at WebRTC Summit, Tsahi Levent-Levi, co-founder of testRTC, reviewed the various challenges posed by WebRTC when it comes to testing and monitoring and on ways to overcome them.
For basic one-to-one voice or video calling solutions, WebRTC has proven to be a very powerful technology. Although WebRTC’s core functionality is to provide secure, real-time p2p media streaming, leveraging native platform features and server-side components brings up new communication capabilities for web and native mobile applications, allowing for advanced multi-user use cases such as video broadcasting, conferencing, and media recording.
The best-practices for building IoT applications with Go Code that attendees can use to build their own IoT applications. In his session at @ThingsExpo, Indraneel Mitra, Senior Solutions Architect & Technology Evangelist at Cognizant, provided valuable information and resources for both novice and experienced developers on how to get started with IoT and Golang in a day. He also provided information on how to use Intel Arduino Kit, Go Robotics API and AWS IoT stack to build an application tha...
Every successful software product evolves from an idea to an enterprise system. Notably, the same way is passed by the product owner's company. In his session at 20th Cloud Expo, Oleg Lola, CEO of MobiDev, will provide a generalized overview of the evolution of a software product, the product owner, the needs that arise at various stages of this process, and the value brought by a software development partner to the product owner as a response to these needs.
SYS-CON Events announced today that MobiDev, a client-oriented software development company, will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place June 6-8, 2017, at the Javits Center in New York City, NY, and the 21st International Cloud Expo®, which will take place October 31-November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. MobiDev is a software company that develops and delivers turn-key mobile apps, websites, web services, and complex softw...
Internet of @ThingsExpo, taking place June 6-8, 2017 at the Javits Center in New York City, New York, is co-located with the 20th International Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. @ThingsExpo New York Call for Papers is now open.
DevOps is being widely accepted (if not fully adopted) as essential in enterprise IT. But as Enterprise DevOps gains maturity, expands scope, and increases velocity, the need for data-driven decisions across teams becomes more acute. DevOps teams in any modern business must wrangle the ‘digital exhaust’ from the delivery toolchain, "pervasive" and "cognitive" computing, APIs and services, mobile devices and applications, the Internet of Things, and now even blockchain. In this power panel at @...
Web Real-Time Communication APIs have quickly revolutionized what browsers are capable of. In addition to video and audio streams, we can now bi-directionally send arbitrary data over WebRTC's PeerConnection Data Channels. With the advent of Progressive Web Apps and new hardware APIs such as WebBluetooh and WebUSB, we can finally enable users to stitch together the Internet of Things directly from their browsers while communicating privately and securely in a decentralized way.
The cloud market growth today is largely in public clouds. While there is a lot of spend in IT departments in virtualization, these aren’t yet translating into a true “cloud” experience within the enterprise. What is stopping the growth of the “private cloud” market? In his general session at 18th Cloud Expo, Nara Rajagopalan, CEO of Accelerite, explored the challenges in deploying, managing, and getting adoption for a private cloud within an enterprise. What are the key differences between wh...
WebRTC has had a real tough three or four years, and so have those working with it. Only a few short years ago, the development world were excited about WebRTC and proclaiming how awesome it was. You might have played with the technology a couple of years ago, only to find the extra infrastructure requirements were painful to implement and poorly documented. This probably left a bitter taste in your mouth, especially when things went wrong.
IoT is at the core or many Digital Transformation initiatives with the goal of re-inventing a company's business model. We all agree that collecting relevant IoT data will result in massive amounts of data needing to be stored. However, with the rapid development of IoT devices and ongoing business model transformation, we are not able to predict the volume and growth of IoT data. And with the lack of IoT history, traditional methods of IT and infrastructure planning based on the past do not app...
"LinearHub provides smart video conferencing, which is the Roundee service, and we archive all the video conferences and we also provide the transcript," stated Sunghyuk Kim, CEO of LinearHub, in this SYS-CON.tv interview at @ThingsExpo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
With major technology companies and startups seriously embracing IoT strategies, now is the perfect time to attend @ThingsExpo 2016 in New York. Learn what is going on, contribute to the discussions, and ensure that your enterprise is as "IoT-Ready" as it can be! Internet of @ThingsExpo, taking place June 6-8, 2017, at the Javits Center in New York City, New York, is co-located with 20th Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry p...
"There's a growing demand from users for things to be faster. When you think about all the transactions or interactions users will have with your product and everything that is between those transactions and interactions - what drives us at Catchpoint Systems is the idea to measure that and to analyze it," explained Leo Vasiliou, Director of Web Performance Engineering at Catchpoint Systems, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York Ci...
The 20th International Cloud Expo has announced that its Call for Papers is open. Cloud Expo, to be held June 6-8, 2017, at the Javits Center in New York City, brings together Cloud Computing, Big Data, Internet of Things, DevOps, Containers, Microservices and WebRTC to one location. With cloud computing driving a higher percentage of enterprise IT budgets every year, it becomes increasingly important to plant your flag in this fast-expanding business opportunity. Submit your speaking proposal ...
Discover top technologies and tools all under one roof at April 24–28, 2017, at the Westin San Diego in San Diego, CA. Explore the Mobile Dev + Test and IoT Dev + Test Expo and enjoy all of these unique opportunities: The latest solutions, technologies, and tools in mobile or IoT software development and testing. Meet one-on-one with representatives from some of today's most innovative organizations
20th Cloud Expo, taking place June 6-8, 2017, at the Javits Center in New York City, NY, will feature technical sessions from a rock star conference faculty and the leading industry players in the world. Cloud computing is now being embraced by a majority of enterprises of all sizes. Yesterday's debate about public vs. private has transformed into the reality of hybrid cloud: a recent survey shows that 74% of enterprises have a hybrid cloud strategy.
SYS-CON Events announced today that Super Micro Computer, Inc., a global leader in Embedded and IoT solutions, will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 7-9, 2017, at the Javits Center in New York City, NY. Supermicro (NASDAQ: SMCI), the leading innovator in high-performance, high-efficiency server technology, is a premier provider of advanced server Building Block Solutions® for Data Center, Cloud Computing, Enterprise IT, Hadoop/Big Data, HPC and E...
SYS-CON Events announced today that Linux Academy, the foremost online Linux and cloud training platform and community, will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Linux Academy was founded on the belief that providing high-quality, in-depth training should be available at an affordable price. Industry leaders in quality training, provided services, and student certification passes, its goal is to c...