Edmunds: Retained Value Awards
#1
Safety Car
Thread Starter
Edmunds: Retained Value Awards
Honda and Lexus took home the top prizes in Edmunds.com’s inaugural Best Retained Value Awards, which recognize the brands and new car models that have the highest projected residual value after 5 years, expressed as a percentage of their True Market Value® (TMV®).
Honda won the 2011 brand award for non-luxury makes, while Lexus took home the award for luxury brands. Edmunds.com found that Honda’s average projected retained value is 50.4%, while Lexus’ average projected retained value is 48.1%. In each case, the award was based on the average 5-year retained value of the carmaker’s 2011 models that launched prior to the end of 2010.
Edmunds.com also named winners in 23 model-level categories. Both Honda and Lexus were well-represented at the model level, with each carmaker taking home 4 more awards. A full list of the model-level level winners can be found in Appendix I at the end of this release.
“A reliable assessment of a vehicle’s resale value can be a critical piece of information for consumers in the car-buying process,” said Danny Zhou, senior analyst at Edmunds.com. “Car shoppers should consider these award winners to help them choose a car with high retained value so they can maximize its worth at trade-in or sale. And for consumers who lease, selecting a car with strong resale value is just as important, because resale value is a key factor in determining the monthly lease payment.”
Edmunds.com also encourages car buyers to keep the vehicle’s retained value in mind when considering trims and options. Power sunroof, leather seats, and DVD entertainment systems are all features known to improve a car’s long-term value. Unfortunately, Edmunds.com found that added safety features don’t typically boost a car’s retained value. More details about the best options for maximizing a car’s retained value are available on Edmunds.com.
All model year 2011 vehicles that were launched by the end of 2010 and that had unit sales in February 2011 that were at least 20% 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. All makes that had over 100,000 unit sales in 2010 were eligible for this year’s brand-level Best Retained Value Awards.
The Best Retained Value Awards will be given annually. They join Edmunds.com’s other prestigious awards, including the annual True Cost to Own® (TCO®) Awards, the Breakthrough Technology Award and the Green Car Breakthrough Award.
For more information, please visit Edmunds.com’s Best Retained Value Awards page at http://www.edmunds.com/car-reviews/b...alue-cars.html.
PHP Code:
2011 Edmunds.com Best Retained Value Awards
Model-Level Winners
Category Year Make Model ^Retained Value
*Sedan Under $20,000 2011 Honda Civic 51.9%
*Sedan Under $20,000 2011 Mazda MAZDA3 51.9%
Sedan $20K-$30K 2011 Honda Accord 48.2%
*Sedan $30K-$40K 2011 Acura TL 48.0%
*Sedan $30K-$40K 2011 Acura TSX 48.0%
Sedan Over $40K 2011 Lexus GS 350 45.8%
Coupe Under $25,000 2011 MINI Cooper 54.2%
Coupe $25K-$35K 2011 Ford Mustang 48.8%
Coupe $35K-$45K 2011 Infiniti G Coupe 46.6%
Coupe Over $45,000 2011 Ford Shelby GT500 48.1%
Convertible Under $35,000 2011 MINI Cooper 54.4%
Convertible $35K-$45K 2011 Lexus IS 250 C 48.9%
Convertible Over $45,000 2011 Chevrolet Corvette 47.3%
SUV Under $25,000 2011 Honda CR-V 54.4%
SUV $25K-$35K 2011 Jeep Wrangler 53.5%
SUV $35K-$45K 2011 Lexus RX 350 49.6%
SUV Over $45,000 2011 Lexus GX 460 47.8%
Wagon Under $25,000 2011 Scion xB 49.6%
Wagon $25K-$35K 2011 MINI Cooper Countryman 52.5%
Wagon Over $35,000 2011 Audi A4 45.4%
Hybrid 2011 Toyota Prius 49.7%
Compact Truck 2011 Toyota Tacoma 57.1%
Large Heavy Duty Truck 2011 Ford F-350 Super Duty 50.2%
Large Light Duty Truck 2011 Toyota Tundra 50.0%
Vans 2011 Honda Odyssey 49.8%
#2
The Tacoma retained over 57% of it's value after 5 yrs...Wow! I purchased a 2003 Tacoma for $24K & traded in last yr. It got 130K miles with dents & scratches everywhere & still got $7500 for trade in on a new 2010 TL.
Last edited by simon222333; 04-07-2011 at 10:49 PM.
#3
Senior Moderator
Join Date: May 2003
Location: Better Neighborhood, Arizona
Posts: 45,641
Received 2,329 Likes
on
1,309 Posts
At least 57%, used Tacomas are stupidly expensive.
#7
Senior Moderator
So, where's Hyundai?
Trending Topics
#8
Safety Car
Thread Starter
2012
SANTA MONICA, Calif.--(EON: Enhanced Online News)--Honda and Acura took home the top prizes in Edmunds.com’s 2nd annual Best Retained Value® Awards, which recognize the brands and new car models that have the highest projected residual value after 5 years, expressed as a percentage of their True Market Value® (TMV®) when sold new.
“Honda has long had a reputation for dependable used vehicles, and that is reflected in today’s booming used car market”
Honda won the 2012 brand award for non-luxury makes for the 2nd consecutive year, while Acura took home the luxury brand award for the 1st time. Edmunds.com found that Honda’s average projected retained value after 5 years is 47.9%, while Acura’s average projected retained value is 44.6%. In each case, the percentage is based on the average 5-year retained value of the carmaker’s 2012 models that launched prior to the end of 2011.
“Honda has long had a reputation for dependable used vehicles, and that is reflected in today’s booming used car market,” said Joe Spina, Director of Remarketing at Edmunds.com. “And with Acura beating out all other luxury brands, Honda’s family of vehicles continues to expand the company’s status as 1 of the best values available to car buyers today.”
Edmunds.com named a total of 23 winners in its model-level categories, ranging from “Sedans Under $20,000” to “Large Heavy Duty Trucks.” Ford led all carmakers with 5 model-level awards, followed by Honda with 4. (A full list of the model-level winners can be found in Appendix I at the end of this release).
All model year 2012 vehicles that were launched by the end of 2011 and that had unit sales in February 2012 that were at least 20% 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. All makes that had over 100,000 unit sales in 2011 were eligible for this year’s brand-level Best Retained Value® Awards.
The Best Retained Value® Awards are given annually. They join Edmunds.com’s other prestigious awards, including the annual True Cost to Own® (TCO®) Awards and the Technology Breakthrough Award.
For more information, please visit Edmunds.com’s Best Retained Value® Awards page at http://www.edmunds.com/car-reviews/b...alue-cars.html.
Last edited by TSX69; 04-18-2012 at 06:44 PM.
The following users liked this post:
Legend2TL (04-19-2012)
#9
Safety Car
Thread Starter
2013
Jeep and Acura took home the top prizes in Edmunds.com's 3rd annual Best Retained Value® Awards, which recognize the brands and new car models that have the highest projected residual values after 5 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 5 years, and Acura won the luxury crown with a projected 5-year residual value of 45.1 percent.
"Jeep's small lineup is led by 2 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 2nd 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 4 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/b...alue-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/b...alue-cars.html.
APPENDIX I
2013 Edmunds.com Best Retained Value® Awards
Model-Level Winners
Category Make Model Retained Value^
Compact Truck Toyota Tacoma 60.2%
Convertible Under $35,000 Ford Mustang 48.3%
Convertible $35K-$45K Chevrolet Camaro 46.6%
Convertible Over $45K Ford Shelby GT500 48.4%
Coupe Under $25,000 Honda Civic 49.9%
Coupe $25K-$35K Dodge Challenger 54.5%
Coupe $35K-$45K BMW 3 Series 45.2%
Coupe Over $45,000 Chevrolet Corvette 49.6%
Hybrid Toyota Prius 47.4%
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 $20K-$30K Honda Civic 50.9%
Sedan $30K-$40K Dodge Charger 47.8%
Sedan Over $40K Porsche Panamera 43.6%
SUV Under $25,000 Nissan Rogue 48.2%
SUV $25K-$35K Jeep Wrangler 56.5%
SUV $35K-$45K Toyota 4Runner 51.1%
SUV Over $45,000 Lexus LX 570 50.5%
Vans Honda Odyssey 44.3%
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.
2013 Edmunds.com Best Retained Value® Awards
Model-Level Winners
Category Make Model Retained Value^
Compact Truck Toyota Tacoma 60.2%
Convertible Under $35,000 Ford Mustang 48.3%
Convertible $35K-$45K Chevrolet Camaro 46.6%
Convertible Over $45K Ford Shelby GT500 48.4%
Coupe Under $25,000 Honda Civic 49.9%
Coupe $25K-$35K Dodge Challenger 54.5%
Coupe $35K-$45K BMW 3 Series 45.2%
Coupe Over $45,000 Chevrolet Corvette 49.6%
Hybrid Toyota Prius 47.4%
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 $20K-$30K Honda Civic 50.9%
Sedan $30K-$40K Dodge Charger 47.8%
Sedan Over $40K Porsche Panamera 43.6%
SUV Under $25,000 Nissan Rogue 48.2%
SUV $25K-$35K Jeep Wrangler 56.5%
SUV $35K-$45K Toyota 4Runner 51.1%
SUV Over $45,000 Lexus LX 570 50.5%
Vans Honda Odyssey 44.3%
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.
Last edited by TSX69; 06-12-2013 at 08:45 AM.
#10
Safety Car
Thread Starter
2015
Toyota and Acura retain their original value the most of any other brands after 5 years of ownership, according to the Edmunds.com annual Best Retained Value awards.
Toyota won in the non-luxury division with a projected 52.4 percent residual value after 5 years. Acura won in the luxury division with a projected 5-year value of 46.9 percent.
Of the 24 segment awards, Toyota had the most wins — the Tacoma, Avalon, Tundra and Highlander. The GS 350 and GX 460 won for its Lexus brand.
General Motors Co. had 3 segment winners — the GMC Acadia, GMC Yukon and Chevrolet Corvette. Fiat Chrysler Automobiles also had 3 — the Dodge Challenger, Jeep Wrangler and Ram Promaster. Ford Motor Co. had 2 — the F-350 Super Duty and Transit Connect.
“Smart-car shoppers who are likely to sell their car within 5 years should always stop and consider projected residual values before making a new car purchase,” Edmunds.com consumer advice editor Carroll Lachnit said.
Best Retained Value awards
Segment winners in Edmunds.com’s annual Best Retained Value awards:
Compact car: Subaru WRX
Compact crossover SUV: Honda CR-V
Midsize truck: Toyota Tacoma
Entry luxury car: Acura ILX
Entry luxury SUV: Acura RDX
Entry sports car: Dodge Challenger
Large car: Toyota Avalon
Large crossover SUV: GMC Acadia
Heavy duty truck: Ford F-350 Super Duty
Large SUV: GMC Yukon
Large truck: Toyota Tundra
Midrange luxury car: Lexus GS 350
Midrange luxury SUV: Lexus GX 460
Midrange sports car: Chevrolet Corvette
Midsize car: Subaru Legacy
Midsize crossover SUV: Toyota Highlander
Midsize traditional SUV: Jeep Wrangler
Minivan: Honda Odyssey
Premium luxury car: Porsche Panamera
Premium luxury SUV: Mercedes-Benz G Class
Premium sports car: Nissan GT-R
Subcompact car: Honda Fit
Small commercial van: Ford Transit Connect
Large commercial van: Ram Promaster
Segment winners in Edmunds.com’s annual Best Retained Value awards:
Compact car: Subaru WRX
Compact crossover SUV: Honda CR-V
Midsize truck: Toyota Tacoma
Entry luxury car: Acura ILX
Entry luxury SUV: Acura RDX
Entry sports car: Dodge Challenger
Large car: Toyota Avalon
Large crossover SUV: GMC Acadia
Heavy duty truck: Ford F-350 Super Duty
Large SUV: GMC Yukon
Large truck: Toyota Tundra
Midrange luxury car: Lexus GS 350
Midrange luxury SUV: Lexus GX 460
Midrange sports car: Chevrolet Corvette
Midsize car: Subaru Legacy
Midsize crossover SUV: Toyota Highlander
Midsize traditional SUV: Jeep Wrangler
Minivan: Honda Odyssey
Premium luxury car: Porsche Panamera
Premium luxury SUV: Mercedes-Benz G Class
Premium sports car: Nissan GT-R
Subcompact car: Honda Fit
Small commercial van: Ford Transit Connect
Large commercial van: Ram Promaster
#11
Race Director
The retained values will be interesting in a few years:
82% of American buyers paid over MSRP for a new car in January (autoblog.com)
The month of January saw 82.2% of new car buyers pay over MSRP for their new car, according to data collected by Edmunds. That’s an extraordinary number, even more so when provided the context that Edmunds data found 0.3% of new car buyers paid above MSRP in January 2021.
Just as we have reported for the past many months, the shortage of new cars combined with continued demand to buy them is to blame for these numbers. On average, a new vehicle bought in January 2022 was bought for $728 above MSRP. The data come from Edmunds, which compared new vehicle average transaction prices with the average MSRP across automakers.
Edmunds even broke out the numbers for individual automakers, so we can see which OEMs are commanding the most money over MSRP. However, we’ll issue a caveat here. Not every brand’s numbers will reflect everybody’s individual experiences. For example, anybody hoping to buy a new Porsche 911 GT3 is likely to be met with far greater markups than if they were angling for a Macan. Plus, since these numbers only account for new cars sold, it doesn’t illustrate the massive markups seen on barely-used but technically not new cars out there. As in, that Mercedes-AMG G 63 you saw listed for $150,000 over sticker with 50 miles on it being sold as a “used car” won’t show up in this data.
Nevertheless, we’re sure you’re curious which brands are selling cars for the most over MSRP, so here’s Edmunds' list.
Coming in at number one, we have Cadillac with an average markup of $4,048. We suspect the Escalade is largely to blame for this one, but the Blackwing twins are two other highly desirable vehicles that could easily command big premiums throughout their initial rollout. Second up is Land Rover, averaging $2,565 over MSRP. And perhaps the big surprise of this list is Kia at number three, averaging $2,289 over MSRP. We suspect the Telluride can be blamed for this placement on the list. The aforementioned Porsche comes in at number four, but again, this could very well not be your experience if you’re out there shopping for a highly-desirable and low-volume model.
On the good news front, there are a few automakers who are still averaging below MSRP transaction prices. The best deals appear to be at Alfa Romeo, which is averaging the lowest transaction price versus MSRP of any automaker at $3,421 under. Nobody else is close, but Volvo, Lincoln, Ram, BMW and Mini are all going for under MSRP on average.
You can find the full list at Edmunds here.
Just as we have reported for the past many months, the shortage of new cars combined with continued demand to buy them is to blame for these numbers. On average, a new vehicle bought in January 2022 was bought for $728 above MSRP. The data come from Edmunds, which compared new vehicle average transaction prices with the average MSRP across automakers.
Edmunds even broke out the numbers for individual automakers, so we can see which OEMs are commanding the most money over MSRP. However, we’ll issue a caveat here. Not every brand’s numbers will reflect everybody’s individual experiences. For example, anybody hoping to buy a new Porsche 911 GT3 is likely to be met with far greater markups than if they were angling for a Macan. Plus, since these numbers only account for new cars sold, it doesn’t illustrate the massive markups seen on barely-used but technically not new cars out there. As in, that Mercedes-AMG G 63 you saw listed for $150,000 over sticker with 50 miles on it being sold as a “used car” won’t show up in this data.
Nevertheless, we’re sure you’re curious which brands are selling cars for the most over MSRP, so here’s Edmunds' list.
Coming in at number one, we have Cadillac with an average markup of $4,048. We suspect the Escalade is largely to blame for this one, but the Blackwing twins are two other highly desirable vehicles that could easily command big premiums throughout their initial rollout. Second up is Land Rover, averaging $2,565 over MSRP. And perhaps the big surprise of this list is Kia at number three, averaging $2,289 over MSRP. We suspect the Telluride can be blamed for this placement on the list. The aforementioned Porsche comes in at number four, but again, this could very well not be your experience if you’re out there shopping for a highly-desirable and low-volume model.
On the good news front, there are a few automakers who are still averaging below MSRP transaction prices. The best deals appear to be at Alfa Romeo, which is averaging the lowest transaction price versus MSRP of any automaker at $3,421 under. Nobody else is close, but Volvo, Lincoln, Ram, BMW and Mini are all going for under MSRP on average.
You can find the full list at Edmunds here.
#12
My first Avatar....
I understand shortages. But I don't understand this seemingly insatiable demand for new cars, or cars in general for that matter. If people would slow down and calm their lust for a car, equilibrium would come sooner than later.
#13
Ex-OEM King
Historically cheap debt and the government pumping in stimulus money like it's going out of style is a great way to drum up demand for everything, not just cars. When they can't make enough new cars to meet said demand, new car prices go through the roof. When people can't find new cars they eat up used cars so those then follow the trend of going higher and higher. Part shortages prevent automakers from increasing production to meet demand so everything is fucked up. Automakers are at the shit end of the stick though because what they sell the car for is somewhat fixed. When a customer buys for over MSRP, all that cash goes into the pocket of the dealer.
#14
My first Avatar....
I understand the free money part of it. There was also some pent up need for cars right after the world shutdown when the pandemic began. But for this long, protracted car buying spree, the public has been on, just seems irrational. It just keeps the entire auto industry out of whack indefinitely.
#15
Senior Moderator
Personally, I think it falls under the same psychology as the toilet paper hoarding that took place soon after COVID lockdowns. Mainly that there's an underlying fear that certain resources may no longer be as available as before, it no longer available at all. (Not saying I agree with the psychology, just that I think this may be the motivation.) Basic necessities (real and/or perceived), transportation and firearms are all selling at a fairly high rate.
#16
Ex-OEM King
I understand the free money part of it. There was also some pent up need for cars right after the world shutdown when the pandemic began. But for this long, protracted car buying spree, the public has been on, just seems irrational. It just keeps the entire auto industry out of whack indefinitely.
#17
My first Avatar....
#18
Ex-OEM King
Building a new home is even more insane. The cost to build the same house in the same neighborhood in my area has gone up $150k+ in the past year and idiots are still lining up to buy them.
#19
My first Avatar....
People seem to be swimming in money.
Thread
Thread Starter
Forum
Replies
Last Post
jerzyboi2
2G TL Problems & Fixes
1
05-11-2018 03:20 PM
StreetEffectz
Audio, Video, Electronics & Navigation
9
03-10-2005 02:27 PM
need4spd_RENAMED
Automotive News
2
10-11-2003 08:02 AM