Honda, Acura Earn Top Honors from 2014 Best Retained Value Awards
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SANTA MONICA, CA--June 17, 2014: Honda and Acura captured the top prizes in Edmunds.com's fourth annual Best Retained Value® Awards, which recognize the brands and 2014 models that have the highest projected residual values after five years based on their average "cash" True Market Value® (TMV®) price during their first five months in the market (or, for vehicles introduced in November or December of 2013, through March 2014). Honda won in the non-luxury division with a projected 50.1 percent residual value after five years, and Acura won the luxury crown with a projected five-year residual value of 45.4 percent. This year's recognition marks the third time that each brand has secured the top prize since Edmunds.com first launched the awards in 2011.
In addition to these brand-level awards, Edmunds.com issued model-level awards in 27 separate categories. Toyota claimed the most model winners with six. A full list of all 27 model winners can be found in Appendix 1 below and on Edmunds.com's Best Retained Value® Awards page at Best Retained Value.
"For many shoppers, the long-term value of a car is one of the biggest deciding factors when they're comparing brands and models," says Edmunds.com Director of Remarketing Joe Spina. "Edmunds.com's Best Retained Value Awards make it easier for shoppers to identify the best return on their purchase if and when they decide to sell it down the road."
All brands with more than 100,000 unit sales in 2013 and models competing within at least four vehicle type categories were eligible for this year's brand-level Best Retained Value® Awards. All model-year 2014 vehicles that were launched by the end of 2013 and had unit sales in February 2014 that were at least 20 percent of the average unit sales for the models in its segment were eligible for this year's model-level Best Retained Value® Awards. Edmunds determined each model's segment based on its body type, the size of the vehicle within its body type segment, and the model's competitive luxury/non-luxury class.
2014 Edmunds.com Best
Retained Value® Awards | |||
Category | Make | Model | Retained Value^ |
Compact Sedan | Honda | Civic | 52.2% |
Luxury Compact Sedan | Acura | ILX | 46.5% |
Midsize Sedan | Nissan | Altima | 47.3% |
Luxury Midsize Sedan | Acura | TSX | 45.4% |
Large Sedan | Toyota | Avalon | 43.3% |
Luxury Large Sedan | Porsche | Panamera | 44.4% |
Compact Wagon | Scion | xB | 48.4% |
Midsize/Large Wagon | Toyota | Venza | 50.2% |
Luxury Wagon | Acura | TSX Sport Wagon | 44.7% |
Compact Coupe | Subaru | BRZ | 51.9% |
Luxury Compact Coupe | Porsche | 911 | 48.5% |
Midsize/Large Coupe | Dodge | Challenger | 55.0% |
Luxury Midsize Coupe | Cadillac | CTS-V Coupe | 46.6% |
Compact Convertible | MINI | Cooper Roadster | 45.9% |
Luxury Compact Convertible | Porsche | 911 | 47.5% |
Midsize Convertible | Chevrolet | Camaro | 46.7% |
Luxury Midsize Convertible | Audi | A5 | 45.6% |
Compact Truck | Toyota | Tacoma | 61.6% |
Large Truck | Toyota | Tundra | 55.4% |
Large Heavy Duty Truck | Ford | F-350 Super Duty | 56.8% |
Compact SUV | Jeep | Wrangler | 56.9% |
Midsize SUV | Toytota | FJ Cruiser | 60.9% |
Luxury Compact/Midsize SUV | BMW | X6 | 48.5% |
Large SUV | Toyota | Sequoia | 49.2% |
Luxury Large SUV | Audi | Q7 | 44.0% |
Minivan | Honda | Odyssey | 47.8% |
Commercial Van | Ram | Promaster Cargo Van | 42.7% |
^ - Retained Value is the projected private party resale value after five years in the market and assuming 15,000 miles driven per year, expressed as a percentage of the True Market Value® (TMV®) price when sold new. |