All Entries Tagged With: "toyota resale value"

Kelley Blue Blue – Toyota Has Best Retained Value…Again

A recent report published by the esteemed Kelley Blue Book auto pricing guide indicates that Toyota passenger vehicles are more likely to retain their value five years after being driven off the lot. This projection is based on 2012 Toyota and Lexus models.

Kelley Blue Book has named Toyota as the automaker with the best retained value, once again.

While the Toyota brand is no stranger to the Best Resale Value Award from the Kelley Blue Book, in recent years that award had gone to Subaru and other brands. By Kelley’s estimates, 2012 Toyota models are 2 percent more likely to retain their premium pricing than the 2011 models.

07′ Toyota Tundra Resale Value Jumps 17%

According to a recent press release issued by Edmunds.com, used car values are climbing. The reason? A lack of new vehicle production in 2008 and 2009 has led to an artificially shallow pool of used vehicles to choose from. This is good news for late-model vehicle owners everywhere…it’s been estimated that used car values will continue to climb for the next year or two.

Tundra resale value continues to lead the truck industry

What’s particularly interesting is that Edmunds.com found 07′ Tundra resale value jumped 17% between September 2009 and September 2010. This increase is significantly higher than the rest of the large truck segment – which only increased 9%.

Why did Tundra resale values increase? Probably for the same reasons that Tundra resale value has always been excellent: consumers trust Toyota quality and reliability, and because Toyota doesn’t issue massive cash rebates to help sell trucks like Ford, GM, and Chrysler-Fiat.