Tag: kelley blue book luxury brand resale value
Resale value is an important consideration for many auto buyers that don’t plan on keeping their vehicles forever. Buying a car with good solid resale value potential is a good way to lower the cost of ownership markedly, and it’s something that savvy car buyers all pay attention to. If you’re concerned with resale value at all it makes sense to pay attention to the annual report put out by Kelley Blue Book. The Best Resale Value award is given out in different categories. There’s an award for the best Brand and the Best Luxury brand, and there are also awards for individual vehicle models. Porsche managed to take the top luxury spot this year, marking Porsche vehicles as a good solid investment when it comes to a luxury car.
Porsche Takes the Top Spot
This year Porsche managed to achieve the highest rating in the luxury segment. Porsche received the Luxury Brand Resale Value award, proving that the brand is capable of holding its value over time, and that Porsche vehicles are reliable purchases when you want to get as much back out of them in the end. There’s a booming used luxury market, and Porsche vehicles are at the top of it all.
How Awards are Given out
The awards given out by Kelley Blue Book are based on the companies research throughout the year. The company relies on a group of analysts to come up with reliable value projections for the vehicles, and that information is compared to come up with the vehicles most likely to hold onto their resale value. Porsche models were more likely to hold value than most other luxury models this year, making Porsche vehicles a solid recommendation for the luxury enthusiast that plans on selling off their vehicle after a few years.
The Porsche Macan
If winning the overall luxury brand award was not enough, Porsche also managed to take the luxury SUV segment with its Macan. This low-cost Porsche vehicle holds its value very well and is a solid investment if you’re in the market for a quality luxury SUV. Porsche fans would do well to consider the compact SUV that drives like it should be on a track.
If you’re interested in luxury vehicles, and looking for something that will hold its value decently over the years, consider investing in a Porsche.