Edmunds 2013 Best Retained Value - Toyota Tacoma, Prius, Venza, 4Runner Win
Edmunds.com has compiled its 2013 list of the best retained values and Toyota had four models that won awards as the top in their category. Toyota continues to rack up awards for its vehicles.Each year for the past several years, Edmunds has put out a list of the Best Retained Values for vehicles. Historically, Toyota has been a dominant figure in this list and this year is no exception.
For the list, Edmunds split the model’s into separate categories based on “body type; and the sales-weighted average MSRP of all available styles, excluding destination charges, of that model’s body type.”
In order to determine the winner in each category, Edmunds weighed the retained value of each model. “Edmunds defines “retained value” as the projected private party resale value after five years in the market and assuming 15,000 miles driven per year, express as a percentage of the True Market Value price when sold new.”
Toyota models which won in their separate categories include: The Toyota Tacoma, which won the compact-truck category; the Toyota Prius, which came out on top in the hybrid category; the Toyota 4Runner, which dominated the $35,000-$45,000 SUV category and the Toyota Venza, which topped its competitors in the under-$35,000 wagon category.
Also of note, is that the Toyota Tacoma had the highest retained value of all the competitors of 60.2%. This compact truck dominates its class and many other vehicles bases on retained value.
The other Toyota vehicles were considered to have a retained value of: Toyota Prius, 47.4%; Toyota 4Runner, 51.1%; Toyota Venza, 48.9%.
What do you think? Have you been happy with your Toyota’s retained value?