Toyota Dominates Resale Values Again!

Toyota Leads the Pack at Best Retained Value Awards

Toyota is at it again - proudly securing six awards at the annual Canadian Black Book "Best Retained Value" awards.

The Toyota Tundra and Tacoma prevailed for the seventh consecutive year in each of their categories when it comes to trunk space. Toyota's electric, plug-in vehicles ranked high as well. The Prius V was awarded best residual value in the compact car category while the Prius C was runner-up in the sub-compact car category.
Taking the crown this year in the mid-sized car segment is the Toyota Camry. When it comes to mid-sized SUVs this group garnered the highest "Best Retained Value" out of all categories at an astounding 71 per cent with the Toyota FJ Cruiser, Toyota 4Runner and Toyota Highlander coming in first, second and third.
Of over 20 categories of awards, Toyota took away almost a third of them, an impressive feat for a single brand.

In an interview with Canadian auto dealer, Josh Bailey, VP, Research & Editorial for Canadian Black Book, said that it's Toyota's reputation for quality and reliability that really seal the deal for people when deciding on a vehicle.

All of these Canadian Black Book award winners were chosen depending on which vehicles retained the highest percentage of its original MSRP after four years.

In a study by Canadian Black Book - it was found that only one per cent of people takes depreciation into account during the process of purchasing a vehicle. Factoring depreciation into your vehicle purchase decision-making is extremely important when it comes to choosing a reliable vehicle that will last you throughout the years while also maintaining a decent resale value.


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