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J.D. Power Announces Resale Value Awards for Mass Market and Luxury Vehicle Models

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J.D. Power Announces Resale Value Awards for Mass Market and Luxury Vehicle Models J.D. Power Announces Resale Value Awards for Mass Market and Luxury Vehicle Models Lexus Earns More Awards than Any Other Brand COSTA MESA, Calif.: 21 Aug. 2019 — The 2019 J.D. Power Resale Value Awards were presented to automotive manufacturers today, recognizing the best resale value across 26 model-level segments following three years of ownership. Vehicles that retain a strong resale value also typically have higher residual values and offer unmistakable benefits to automakers and consumers alike. “One of the biggest concerns for many new-vehicle owners is depreciation,” said Jonathan Banks, Vice President of Vehicle Valuations & Analytics at J.D. Power. “Our transaction database shows the models that have the lowest depreciation costs, which can be very helpful to new-car buyers when deciding on their purchase.” Model-Level Resale Value Awards The brand receiving the most model-level awards is Lexus (six model-level awards), followed by Honda (five model-level awards), Toyota (four model-level awards) and Porsche (three model-level awards). The GMC Sierra 3500 has the best resale value in the industry. • Lexus: Lexus CT; Lexus RC; Lexus GS; Lexus NX; Lexus RX; and Lexus LX • Honda: Honda Fit; Honda Civic; Honda Accord; Honda CR-V; and Honda Odyssey • Toyota: Toyota Prius; Toyota Tacoma; Toyota 4Runner; and Toyota Tundra • Porsche: Porsche Cayman; Porsche 911; and Porsche Panamera Other models that rank highest in their respective segments are Audi Q3, Chevrolet Tahoe, Dodge Challenger, Dodge Charger, GMC Sierra 3500, Scion tC and Subaru Crosstrek. For the 2019 award process, 256 vehicle models were evaluated using a sample of more than 630,000 transactions with an average of 2,400 transactions 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 2019 for vehicles that are three years old. For the 2019 calculation, 2016 is the applicable model year. See the online press release at http://www.jdpower/pr-id/2019038. 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 has offices serving North America, South America, Asia Pacific and Europe. Media Relations Contacts Geno Effler, J.D. Power; Costa Mesa, Calif.; 714-621-6224; [email protected] Shane Smith; East Coast; 424-903-3665; [email protected] About J.D. Power and Advertising/Promotional Rules: www.jdpower.com/business/about-us/press- release-info # # # NOTE: Two charts follow. jdpower.com/business J.D. Power 2019 U.S. Resale Value Awards Top 3 models per segment Car Segments Small Car Midsize Car Highest Ranked: Honda Fit Highest Ranked: Honda Accord Scion iA Toyota Camry Toyota Yaris Kia Optima Small Premium Car Midsize Sporty Car* Highest Ranked: Lexus CT Highest Ranked: Dodge Challenger BMW i3 Ford Mustang Mercedes-Benz CLA Class Midsize Premium Car Compact Car Highest Ranked: Lexus GS Highest Ranked: Honda Civic Hyundai Genesis Subaru WRX Infiniti Q70 Toyota Prius Midsize Premium Sporty Car Compact Sporty Car Highest Ranked: Porsche 911 Highest Ranked: Scion tC Chevrolet Corvette Scion FR-S Nissan GT-R Hyundai Veloster Large Car Compact Premium Car Highest Ranked: Dodge Charger Highest Ranked: Lexus RC Toyota Avalon Infiniti Q50 Chrysler 300 Lexus IS Large Premium Car Compact Premium Sporty Car* Highest Ranked: Porsche Panamera Highest Ranked: Porsche Cayman Cadillac CT6 Audi TT Jaguar XJ8 * No other model in this segment performs above segment average. Source: J.D. Power 2019 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 2019 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: Lexus RX Honda HR-V Lexus GX Volkswagen Tiguan Land Rover LR4 Minivan* Small Premium SUV Highest Ranked: Honda Odyssey Highest Ranked: Audi Q3 Toyota Sienna BMW X1 Mercedes-Benz GLA Large SUV Highest Ranked: Chevrolet Tahoe Compact SUV GMC Yukon Highest Ranked: Honda CR-V Toyota Sequoia Toyota RAV4 Jeep Wrangler Large Premium SUV Highest Ranked: Lexus LX Compact Premium SUV Cadilliac Escalade Highest Ranked: Lexus NX Lincoln Navigator Porsche Macan Acura RDX Large Light Duty Pickup* Highest Ranked: Toyota Tundra Compact MPV* Chevrolet Silverado 1500 Highest Ranked: Toyota Prius Large Heavy Duty Pickup Midsize Pickup* Highest Ranked: GMC Sierra 3500 Highest Ranked: Toyota Tacoma Chevrolet Silverado 2500 HD GMC Sierra 2500 HD Midsize SUV Highest Ranked: Toyota 4Runner Toyota Highlander Honda Pilot * No other model in this segment performs above segment average. Source: J.D. Power 2019 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. .
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