Four Import Brands Named for Best Resale Value
Honda, Lexus, Mercedes and Toyota have been honored by two estimators of used-car values as brands with the best residual value in the American market.
California-based ALG Inc. say Honda and Mercedes-Benz vehicles will average greater trade-in value after three years than all others in the mainstream and premium categories, respectively.
Kelley Blue Book says Toyota and its Lexus unit are America's best brand and best luxury brand, respectively, for resale value after five years. Both brands won their categories for the third consecutive year.
Domestic brands have been notably absent in the ratings by both companies for years. But Chevrolet did capture two vehicle segments tracked by ALG. The Camaro topped this year's list in the mainstream sports car segment, and the Corvette won in the premium sports car category.