Toyota and Lexus retain top spots for resale value

(MoneyWatch) Toyota and its sibling luxury brand Lexus held on to the top spots in the Kelley Blue Book rankings of brands with the best resale value released today. Among the individual models, however, Chevrolet had three of the top 10 vehicles.

Toyota won best mainstream brand for resale and Lexus was named best brand among luxury cars. Lexus also had the top vehicles in six each of the 22 segments ranked. 

"While Toyota and Lexus continue to deliver incredible resale value, we also are impressed with the strides made by Chevrolet, which tops domestic automakers," says Eric Ibara, Kelley director of residual consulting. Honda, a perennial strong performer in resale, won three of the individual segments, including best midsize car for Honda Accord.

Kelley analysts remind car shoppers that depreciation may be the greatest expense they will face in the first five years of owning a car. The average 2014 model will be worth only 39.7 percent of its original value after five years. In addition, regional preferences can affect resale value. "In the colder sections of the country, a two-wheel drive vehicle's resale value often will not be as high as a four-wheel drive or all-wheel drive version of that same model," says Jack Nerad, editorial director of Kelley Blue Book.

In compiling the list, Kelley uses a combination of data from wholesale used car auctions and retail sales by dealers plus the projections of its analysts.

Here are the winners in the individual categories:

SUBCOMPACT CAR: Nissan Versa                      

PLUG-IN VEHICLE: Honda Accord Plug-In Hybrid

COMPACT CAR: Subaru Impreza                      

  COMPACT SUV/CROSSOVER: Jeep Wrangler

SPORTY COMPACT CAR: Honda Civic Si        

  MID-SIZE SUV/CROSSOVER: Toyota FJ Cruiser

MID-SIZE CAR: Honda Accord                            

FULL-SIZE SUV/CROSSOVER: Toyota Sequoia

FULL-SIZE CAR: Toyota Avalon                        

LUXURY COMPACT SUV/CROSSOVER: Infiniti QX50

ENTRY-LEVEL LUXURY CAR: Lexus ES 350        

LUXURY MID-SIZE SUV/CROSSOVER: Lexus GX 460

LUXURY CAR: Audi A5                                        

LUXURY FULL-SIZE SUV/CROSSOVER: Lexus LX 570

HIGH-END LUXURY CAR: Lexus LS 460                  

HYBRID SUV/CROSSOVER: Lexus RX 450h

SPORTS CAR: Chevrolet Camaro V6                        

MID-SIZE PICKUP TRUCK: Toyota Tacoma

HIGH PERFORMANCE CAR: Chevrolet Corvette      

FULL-SIZE PICKUP TRUCK: Toyota Tundra

HYBRID/ALTERNATIVE ENERGY CAR: Lexus ES 300h    

MINIVAN/VAN: Toyota Sienna

Here are the top ten models for resale value overall. They are  listed in alphabetical order, not by resale value:

Chevrolet Camaro 

Chevrolet Corvette 

Chevrolet Silverado 1500 

Dodge Challenger 

Honda CR-V 

Jeep Wrangler

Toyota FJ Cruiser

Toyota Tacoma

Toyota Tundra

Toyota 4Runner

  • Jerry Edgerton On Twitter»

    View all articles by Jerry Edgerton on CBS MoneyWatch»
    Jerry Edgerton, author of Car Shopping Made Easy, has been covering the car beat since Detroit companies dominated the U.S. market. The former car columnist for Money magazine and Washington correspondent for Business Week, Edgerton specializes in finding the best deals on wheels and offering advice on making your car last.

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