J.D. Power Honors Best Resale Value for Mass Market and Luxury Automotive Brands

Lexus Earns the Most Awards for Best Resale Value

COSTA MESA, Calif.: 22 Aug. 2018 — J.D. Power continues to turn robust insights into easily digestible information for consumers. The 2018 J.D. Power Resale Value Awards were presented to automotive manufacturers today, recognizing the best resale value across 24 model-level vehicle segments.

“This marks the first time J.D. Power is utilizing our transaction database of customer insights to recognize brands and models with the best resale value,” said Jonathan Banks, Vice President of Vehicle Valuations & Analytics at J.D. Power. “We conducted this analysis to provide consumers with a resource that informs them of the depreciation cost they incur when purchasing a new vehicle, thus providing insight on the value of their purchase.”

Model-Level Resale Value Awards The brand receiving the most model-level awards is Lexus (five model-level awards), followed by Honda and with four model-level awards each. The RAM 3500 also has the best resale value in the industry.

• Lexus: Lexus IS; Lexus NX; Lexus LS; Lexus GS; and Lexus GX • Honda: Honda Civic; Honda Accord; Honda Odyssey; and Honda Fit • Toyota: Toyota Tundra; Toyota Tacoma; Toyota 4Runner; and Toyota Sienna • Porsche: Porsche Cayman; Porsche Boxster; and Porsche 911 • : Subaru WRX and Subaru Crosstrek • Dodge: Dodge Charger and Dodge Challenger

Other models that rank highest in their respective segments are Acura ILX, Audi Q3, Cadillac Escalade, Chevrolet Tahoe, Jeep Wrangler, Land Rover LR4, and RAM 3500.

For the 2018 award process, 244 vehicle models were evaluated using a sample of over 650,000 transactions with an average of 3,500 data points assessed on each vehicle. The award selection process utilizes used vehicle wholesale prices, which represent how much a dealer buys a used vehicle for. These prices are then divided by the vehicle’s original purchase price. These calculations are based on wholesale records from January through June 2018 for vehicles that are three years old. For the 2018 calculation, 2015 is the applicable model year.

J.D. Power is a global leader in consumer insights, advisory services and data and analytics. These capabilities enable J.D. Power to help its clients drive customer satisfaction, growth and profitability. Established in 1968, J.D. Power is headquartered in Costa Mesa, Calif., and has offices serving North/South America, Asia Pacific and Europe. J.D. Power is a portfolio company of XIO Group, a global alternative investments and private equity firm headquartered in London, and is led by its four founders: Athene Li, Joseph Pacini, Murphy Qiao and Carsten Geyer.

Media Relations Contact Geno Effler; Costa Mesa, Calif.; 714-621-6224; [email protected]

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J.D. Power 2018 U.S. Resale Value Awards Top 3 models per segment Car Segments

Small Car Midsize Car Highest Ranked: Honda Fit Highest Ranked: Honda Accord Ford Fiesta Chevrolet Spark (tie) Toyota Camry Hyundai Accent (tie) Midsize Sporty Car* Small Premium Car Highest Ranked: Dodge Challenger Highest Ranked: Acura ILX Lexus CT Midsize Premium Car Mercedes-Benz CLA Class Highest Ranked: Lexus GS Hyundai Genesis Q70 (tie) Highest Ranked: Honda Civic Lincoln MKS (tie) Mercedes-Benz E Class (tie) Toyota Prius Midsize Premium Sporty Car Compact Sporty Car Highest Ranked: Porsche 911 Highest Ranked: Subaru WRX Chevrolet Corvette Scion tC Scion FR-S (tie) Large Car Subaru BRZ (tie) Highest Ranked: Dodge Charger Toyota Avalon Compact Premium Car Chrysler 300 Highest Ranked: Lexus IS (tie) Large Premium Car Lexus RC (tie) Highest Ranked: Lexus LS BMW 7 Series Compact Premium Sporty Car Mercedes-Benz S Class Highest Ranked: Porsche Boxster (tie) Highest Ranked: Porsche Cayman (tie) BMW Z4 Series

* No other model in this segment performs above segment average.

Source: J.D. Power 2018 U.S. Resale Value Awards Charts and graphs extracted from this press release for use by the media must be accompanied by a statement identifying J.D. Power as the publisher and the study from which it originated as the source. Rankings are based on numerical scores, and not necessarily on statistical significance. No advertising or other promotional use can be made of the information in this release or J.D. Power survey results without the express prior written consent of J.D. Power.

J.D. Power 2018 U.S. Resale Value Awards Top 3 models per segment SUV, Van, Pickup Segments

Small SUV Midsize Premium SUV Highest Ranked: Subaru Crosstrek Highest Ranked: Land Rover LR4 (tie) Jeep Renegade (tie) Highest Ranked: Lexus GX (tie) Kia Sportage (tie) Infiniti QX60 (tie) Land Rover Range Rover Sport (tie)

Small Premium SUV * Highest Ranked: Audi Q3 Highest Ranked: Toyota Sienna (tie) Land Rover Evoque (tie) Highest Ranked: Honda Odyssey (tie) Mercedes-Benz GLA (tie) Large SUV Compact SUV Highest Ranked: Chevrolet Tahoe Highest Ranked: Jeep Wrangler GMC Yukon (tie) Toyota RAV4 Toyota Sequoia (tie) Honda CR-V Large Premium SUV Compact Premium SUV Highest Ranked: Cadillac Escalade Highest Ranked: Lexus NX Infiniti QX80 Porsche Macan Land Rover Range Rover (tie) Acura RDX Lincoln Navigator (tie)

Large Light Duty Pickup Midsize Pickup* Highest Ranked: Toyota Tundra Highest Ranked: Toyota Tacoma Chevrolet Silverado 1500 GMC Sierra 1500 Midsize SUV Highest Ranked: Toyota 4Runner Large Heavy Duty Pickup Honda Pilot Highest Ranked: RAM 3500 Toyota Highlander Chevrolet Silverado 2500 HD (tie) GMC Sierra 2500 HD (tie)

* No other model in this segment performs above segment average. Note: The Compact MPV segment did not meet criteria to be award eligible, thus no award will be issued.

Source: J.D. Power 2018 U.S. Resale Value Awards Charts and graphs extracted from this press release for use by the media must be accompanied by a statement identifying J.D. Power as the publisher and the study from which it originated as the source. Rankings are based on numerical scores, and not necessarily on statistical significance. No advertising or other promotional use can be made of the information in this release or J.D. Power survey results without the express prior written consent of J.D. Power.