Each year, Kelley Blue Book releases its winners for the Best Resale Value Awards. These awards are designed to inform both new and used car buyers of the vehicles that are expected to maintain the greatest proportion of their retail price five years after ownership.
The list is based on the analysis of Kelley Blue Book experts, who for years have helped buyers and sellers determine fair prices for vehicles.
In 2007, the Best Resale Value Brand Award was given to both Honda and Acura. Acura picked up additional awards in both the sedan category, with its Acura TSX, and in the sport utility category, with the Acura MDX.
The Honda Civic took home the award for Best Resale Value in the coupe category, while the Honda Odyssey won for Best Resale Value in the van or minivan category.
Other winners include the Volkswagen Passat (best resale, wagon) and the Mini Cooper, which won awards in both the convertible and hatchback categories.
Consumers should take notice of these awards since the biggest expense typically incurred by car owners in the first five years is depreciation in their car’s value.
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