Kelley Blue Book has announced survey results awarding several cars that offer the best resale value (for 2006 models). The survey presents the winners as best in class and top ten overall. The 2006 version of my Honda Civic didn’t make the list, but one of its relatives did.
BMW/Mini won the top award for the brand with the best resale value. Here are the category awards:
- Honda Accord Hybrid (sedan)
- Infiniti M45 (luxury)
- infiniti G35 Coupe (coupe)
- Toyota Tacoma PreRunner (pickup)
- Chevrolet Corvette (convertible—also the only “American” car on the list)
- Porsche Cayenne (sport utility)
- Subaru Outback (wagon)
- Honda Odyssey (van/minivan)
- MINI Cooper / Toyota Prius (tied for hatchback)
Here are the 2006 best resale value top ten overall (in alphabetical order):
- BMW 5 Series
- Chevrolet Corvette
- Honda Accord Hybrid
- Infiniti G35 Coupe
- Infiniti M45
- Lexus GX 470
- MINI Cooper
- Porsche Cayenne
- Toyota Prius
- Volvo XC90
Marketwatch provides some important commentary if the future value of the car is important to you. (If you plan on holding onto the car until it dies, then it may not be important.)
First and foremost, consider the color of the car… Silver, for instance, was the most popular color worldwide last year, featured on 38% of vehicles produced, according to PPG Industries. White was second at 15.4% and black third at 13.9%
Finally, loading the car up with extras like antilock brakes, alloy wheels, CD player, parking sensors, navigation and leather seats, will also up the odds of getting a good return on your sale.
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1:07 am (reply)
I find it amazing, but not surprising, how few of the top vehicles on these 2 lists are from “North American” manufacturers (i.e. Ford, GM). You would think these companies would wake up and work on producing cars that have better value – I guess that is why I do not own any Ford or GM in my investment portfolio.