Hybrid Resale Value Leaders Announced By KBB
Is how much your new car purchase worth after a few years important to you? Then you will want to have a look at these Kelley Blue Book awards.
The 2013 model-year vehicle winners of the annual Best Resale Value Awards, recognizing current and forthcoming vehicles for their projected retained value throughout the initial five-year ownership period, were announced today by Kelley Blue Book.
These awards honor vehicles expected to maintain the greatest proportion of their original Manufacturer’s Suggested Retail Price (MSRP) after five years of ownership. Low-volume vehicles and vehicles with a MSRP of more than $60,000 are excluded from award consideration, except in the luxury and high-performance categories.
Toyota and Lexus both won the 2013 Best Resale Value: Brand and 2013 Best Resale Value: Luxury Brand.
The full list of winners can be found here. Given that HybridCars.com focuses on green cars, we had a look at what happened in the categories related to green vehicles.
The 2013 Ford Fusion Hybrid won the HYBRID/ALTERNATIVE ENERGY CAR category. KBB expects the Ford hybrid to still be worth 59 percent of MSRP after 36 months and 45 percent after 60 months.
The 2013 Lexus ES 300h came second with 44 percent after 60 months and the 2013 Honda Civic Hybrid third with the same 44 percent after 60 months. The Lexus got second spot due to its 61 percent remaining value after 36 months compared to 58 percent for the Honda.
The 2013 Chevrolet Volt won the ELECTRIC VEHICLE category. KBB expects the Volt to still be worth 46 percent of MSRP after 36 months and 30 percent after 60 months.
The 2013 Toyota Prius Plug-In came in second with 29.5 percent after 60 months while the 2013 Ford Focus Electric came in third with 26 percent.
The Lexus RX 450h won the HYBRID SUV/CROSSOVER category. KBB expects the Lexus hybrid to still be worth 64 percent of its original MSRP after 36 months and 43 percent after 60 months.
The 2013 Porsche Cayenne Hybrid grabbed second place with 44 percent after 60 months while another Toyota product, the 2013 Toyota Highlander, took third with 43 percent.