SANTA MONICA, Calif., June 11, 2013 (GLOBE NEWSWIRE) -- Jeep and Acura took home the top prizes in Edmunds.com's third annual Best Retained Value® Awards, which recognize the brands and new car models that have the highest projected residual values after five years based on their average True Market Value® (TMV®) price when sold new. Jeep won in the non-luxury division with a projected 50.6 percent residual value after five years, and Acura won the luxury crown with a projected five-year residual value of 45.1 percent.
"Jeep's small lineup is led by two popular models – Wrangler and Grand Cherokee – that deliver big residual value for their owners. The Wrangler is especially vital to the brand because its retained value sits at an elite level matched by few other vehicles in any segment," says Edmunds.com Director of Auto Remarketing Joe Spina. "Meanwhile, this is the second year in a row that Acura has won, and the brand clearly has done a great job distinguishing its value in a hypercompetitive luxury market."
In addition to these brand-level awards, Edmunds.com issued model-level awards in 22 separate categories. Ford and Toyota tied for the most model winners with four apiece. A full list of all 22 model winners can be found in Appendix 1 below and on Edmunds.com's Best Retained Value® Awards page at http://www.edmunds.com/car-reviews/best-retained-value-cars.html.
All vehicle makes with more than 100,000 unit sales in the U.S. in 2012 were eligible for this year's brand-level Best Retained Value® Awards. All model-year 2013 vehicles that were launched by the end of 2012 and had unit sales in March 2013 that were at least 20 percent of the average unit sales for the models in its segment were eligible for this year's model-level Best Retained Value® Awards. Edmunds determined each model's competitive segment based on its body type and the sales-weighted average MSRP of all available styles (excluding destination charges) of that model's body type.
More details on Edmunds.com's Best Retained Value® Awards can be found at http://www.edmunds.com/car-reviews/best-retained-value-cars.html.
| 2013 Edmunds.com Best Retained Value® Awards |
|Convertible Under $35,000||Ford||Mustang||48.3%|
|Convertible Over $45K||Ford||Shelby GT500||48.4%|
|Coupe Under $25,000||Honda||Civic||49.9%|
|Coupe $35K-$45K||BMW||3 Series||45.2%|
|Coupe Over $45,000||Chevrolet||Corvette||49.6%|
|Large Light Duty Truck||Chevrolet||Silverado 1500||54.5%|
|Large Heavy Duty Truck||GMC||Sierra 3500HD||52.7%|
|Sedan Under $20,000||Ford||Focus||54.4%|
|Sedan Over $40K||Porsche||Panamera||43.6%|
|SUV Under $25,000||Nissan||Rogue||48.2%|
|SUV Over $45,000||Lexus||LX 570||50.5%|
|Wagon Under $35,000||Toyota||Venza||48.9%|
|Wagon Over $35,000||Ford||Flex||43.4%|
|^ - Retained Value is the projected private party resale value after five years in the market and assuming 15,000 miles driven per year, expressed as a percentage of the True Market Value® (TMV®) price when sold new.|
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