20-three cars from 11 different brands were lauded for holding their value in the 2012 Best Retained Value Awards by Edmunds.com. The better a car retains its value, the less likely you are to be upside down in a car loan.
Honda was awarded as the top nonluxury brand for the second consecutive year, with a projected average retained value after five years of 47.9 per cent. Its sister company Acura received the award for the top luxury brand in 2012 with a projected retained value of 44.6 per cent.
Ford had the largest number of car models receiving awards (five), followed by Honda with four. Best Retained Value awards went to the following individual cars:
Best Retained Value award winners, 2012 model year Category Make Model Retained value Compact truck Toyota Tacoma 57.3% Convertible $35,000-$45,000 Lexus IS 250 C 46.8% Convertible more than $45,000 Ford Shelby GT500 46.5% Convertible less than $35,000 Mini Cooper 48.9% Coupe $25,000-$35,000 Ford Mustang 46.8% Coupe $35,000-$45,000 BMW 3 Series 44.0% Coupe more than $45,000 Ford Shelby GT500 47.5% Coupe less than $25,000 Mini Cooper 50.0% Hybrid Honda Civic 46.1% Large heavy-duty truck Ford F-350 Super Duty 48.6% Large light-duty truck Ford F-150 48.4% Sedan $20,000-$30,000 Subaru Impreza 45.3% Sedan $30,000-$40,000 Lexus IS 250 46.3% Sedan more than $40,000 Cadillac CTS 42.0% Sedan less than $20,000 Honda Civic 50.0% SUV $25,000-$35,000 Honda CR-V 54.6% SUV $35,000-$45,000 GMC Acadia 46.0% SUV more than $45,000 Acura MDX 44.2% SUV less than $25,000 Subaru Forester 44.6% Vans Honda Odyssey 43.5% Wagon $25,000-$35,000 Mini Cooper Countryman 48.5% Wagon more than $35,000 BMW 3 Series 42.7% Wagon less than $25,000 Scion xB 47.3% Compact truck Toyota Toyota 57.3% Convertible $35,000-$45,000 Lexus IS 250 C 46.8% Edmunds.com quantifies retained value as the projected residual value after five years, expressed as a percentage of the car’s True Market Value at Edmunds.com when sold new.
Tara Baukus Mello writes the cars blog as well as the weekly Driving for Dollars column, providing both practical financial advice for consumers as well as insight into the latest developments in the automotive world. Follow her on Facebook here or on Twitter @SheDrives.
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This story was originally published by Bankrate.
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