Tag: kelly blue book
Many car owners go out and buy a cheap vehicle with the idea that they are saving money because they paid less up front to own that car, truck or SUV. The reality is, that paying the least amount of money up front does not always mean they will save money over the lifespan of that vehicle. There are plenty of vehicles that are slightly more expensive initially, but much more affordable over time. This is especially true for Toyota vehicles, four of the automakers models just received the 2016 5-Year Cost to Own Awards from Kelly Blue Book.
The awards take into account a fair purchase price, the projected depreciation, the state fees insurance, costs of fuel, maintenance schedule, repairs and financing rates to come up with an estimated 5-year cost for each vehicle being tested. According to these careful calculations it’s cheaper to own Toyota vehicles than most others, at least over the long term.
Here’s a breakdown of the four vehicles included on the list and their expected cost to own over a five year period.
- Toyota Corolla – $30,330
- Toyota Camry – $35,681
- Toyota Prius c – $34,489
- Toyota Highlander Hybrid – $50,487
Each of these four vehicles beat out the competition in their respective segments. As you can see the Toyota Corolla beat out all the other models by a wide margin, perhaps that’s why it’s the most popular car in the world.
If you’re trying to track down a vehicle that’s going to be affordable, one of these four Toyota options is a good solid bet. The Corolla is the most affordable of the bunch, but if you want something more compact the Prius c is a pretty economical purchase, and for a full-sized SUV the Highlander Hybrid makes a very strong case for itself.
Every year Kelly Blue Book takes a look at different family vehicles on the market and decides which are the most family-friendly of the bunch. This year the company has taken a liking to the 2016 Toyota Sienna as one of its top picks for families. It comes with a lot of cool features that you simply won’t find on other vehicles, and Kelly Blue Book notes that the minivan is likely to hold onto its value longer than many of its competitors, making it a more solid long-term investment as well.
The Sienna is built for comfort and versatility. There’s enough seating room for between seven and eight passengers depending on the Sienna model that you opt for. Some of the seats come with built-in footrests for enhanced comfort. There is adjustable seating that folds down into the floor for added space and versatility depending on what your transportation needs are. The minivan is available with a comfort-focused suspension system, but can be had with a sport-tuned suspension as well if you want improved performance capabilities.
Features for the Family
The Sienna comes with a whole slate of features designed to cater specifically to families. Things like tri-zone air conditioning, 12V power points throughout the vehicle, a range of storage cubbies and plenty of USB ports throughout the cabin make the Sienna a fun place to ride around in for everyone. The driver can easily talk with everyone throughout the cabin using the Easy-Speak feature which is essentially a loudspeaker that you can talk over when the children are being a bit too noisy in back.
The built-in dual view 16-inch display system with Blu-Ray playback and wireless headphones is another pretty awesome feature that will make travelling in the Sienna a bit more enjoyable. Overall, the Sienna is a pretty good value with features that you likely won’t see in many other minivans on the market today.
Best Resale Value
On top of being packed with family-friendly features that you aren’t going to find in many other vehicles, the 2016 Sienna also received top marks for resale value as well. It’s expected to suffer from the lowest level of depreciation out of the many minivans on the market, making it a smart buy when you plan to hold onto the Minivan for more than just a year or two.
While it’s impressive for any brand to hold onto its resale value over time, it’s even more impressive when a luxury brand such as Lexus, with higher priced vehicles is able to do so. For the last four years Lexus has managed to be the top luxury brand when it comes to maintaining its resale value. That’s something that car buyers should really be paying attention to if they are considering investing in a luxury vehicle. Lexus holds the top resale value this year for Luxury cars with its 2015 GS 350, beating out vehicles from the likes of Audi and Porsche.
Kelly Blue Bookcredits the updated looks as helping the GS 350 be successful this year and it does have a nice modern look with clean straight lines. The car received an updated spindle grille, and it relies on athletic lines to make it look as powerful as the 306 HP V6 it has crammed under its hood.
Holds Value for the Long Term
Over the first three years buyers should expect to get around 54 percent of their money back from the GS 350. After five years they can still expect to get close to 40 percent of their money back from that initial investment. For someone who buys vehicles and sells them off after five years, the GS 350’s ability to hold onto that initial value can make the purchase significantly more affordable. By sticking with a vehicle made by Lexus buyers will be able to afford to buy new more often, and can enjoy the fact that they are making a good solid investment.
An Efficient Driver with a Reputation for Reliability
Lexus and Toyota products in general are known for their reliability and this has always helped keep their resale values high. Lexus vehicles run for a long time and the GS 350 is expected to do the same. On top of having a reliable name to fall back on, the GS 350 is an efficient mid-sized sedan as well. It gets 29 MPG in the city and hits 34 MPG out on the highway.
If you’re looking for a rock solid luxury sedan that’s going to hold its resale value over time you can’t go wrong with the 2015 GS 350. Overall Lexus received awards with 15 of its vehicles or three-quarters of its total lineup. With such an overall trend of high-value vehicles buyers shouldn’t expect resale value trends to dip down anytime soon, making most Lexus models a good buy currently.
If you’re looking for a vehicle that is going to retain its value well several years after your initial purchase you should look toward Subaru for your next car. While they may not be the biggest player in the country, according to Kelly Blue Book the average 2015 Subaru will retain 46.2 percent of its residual value after five years. This is higher than almost any other brand, and that’s a good reason to consider picking out a shiny new Suby.
Why Subaru’s Hold Value
Subaru focuses on just a few things to help it stay afloat in a sea with so many larger players than itself. Much like Ferrari, Subaru produces a low volume of vehicles. This is primarily to make sure there is always a steady demand for their vehicles, and this helps them keep solid prices for their cars while making it easy to sell most of what they produce. Subaru also focuses on just a few key features to set themselves apart from other automakers. All-wheel drive is a major feature that Subaru has invested in and because of that buyers know that they can expect a Subaru to handle well in most driving conditions.
The Benefit of Investing in Subaru
By investing in a Subaru you not only get a safe vehicle to drive around in, but you get one that is going to hold its value for years to come. When you go to sell that car or crossover you’ll be able to get nearly half of what you paid for it originally, five years after you picked it up. Subaru’s are known as good reliable vehicles that are well-built.
An Easy Purchase Decision
Although Subaru seemingly offers seven different vehicle variants, you might be surprised to know that they are all based on two different frameworks. Subaru very carefully invests in just a couple of different body and engine types and has continued to refine them over the years. When compared to manufacturers such as GM which has 30 different platforms it’s easy to see just how much Subaru specializes and how careful they are with what they create. Since they are a smaller company they have to keep their research and development and production budgets as small as possible. By producing just two differnet platforms they are able to provide a top-quality product that is one of the safest, most refined and most awarded on the market today.
Somehow Subaru, the 12th largest automaker in the United States, continues to bring home an array of different awards even though there are so many other automakers out there with more resources to devote to their cause. That’s because Subaru is smart with their resources and they stick to features and designs that they know their customers love. This trend has helped them build up a following of very devoted fans, and is what continually sets Subaru’s apart from the competitors.
Recently the 2015 Toyota Highlander was chosen as the Best Buy SUV by Kelly Blue Book in the mid-sized SUV category, similar to the 2014 award the Highlander obtained from Consumer Reports. It managed to achieve this title by edging several capable SUVs in the class thanks to a good mix of utility, style, and performance. This SUV may not be the flashiest in the segment, but according to Kelly Blue Book it makes a lot of sense to at least consider as your next SUV purchase.
Why Did it Get the Rating?
Kelly Blue Book listed a variety of different reasons that they liked the 2015 Highlander and for why they gave it the top rating. They stated that the SUV has just the right amount of style, comfort amenities and performance to give buyers everything that they want from the vehicle. They cited some of the nice comfort features such as the Blue-ray entertainment package, and they focused on the smooth performance of the powerful little V6.
Kelly Blue Book also took a moment to address the overall value of the vehicle. The cited Toyota’s reputation for high resale values and the ability for owners to get a large portion of their original investment back out of the vehicle as one good reason to consider the vehicle. They also touched on the SUV’s expected low cost of ownership and maintenance due to good fuel efficiency figures as well as a high level of reliability. Overall even when just considering the track record of Toyota and the expected reliability Kelly Blue Book points out that the Highlander is a good option.
A Safe Ride Too
Not only did is the Highlander recognized as an excellent value as a vehicle, but it’s known for its high level of safety as well. The 2015 Highlander received a Top Safety Pick+ rating from the IIHS just a few days before it received the rating from Kelly Blue Book as well. That means you can get a great value with this mid-sized SUV while enjoying a nice safe drive as well. This is a pretty impressive combination that mid-sized SUV buyers should pay attention to in the future.
The Highlander starts at around $30,000, and several different upgrade packages are available to boost that figure up to a higher range. It’s already available for purchase from many dealerships around the country and major institutions such as KBB and the IIHS are already starting to take notice of the vehicle and what it has to offer to customers.
The rate of vehicle technology advancement continues to accelerate and features that you never would have dreamt of just a few years back are now available in vehicles sold at affordable rates. As top level technology is developed it debuts in expensive luxury cars and then quickly moves on to the general public. Kelley Blue book took the time to put together a list of the top ten best hi-tech cars of 2014 that can be had for less than $20,000. On the list of these vehicles was the Toyota Corolla, helping it move away from just a comfortable family sedan to a high-tech vehicle.
The Technology Packed in the Corolla
The Toyota Corolla made the list of best vehicles mostly because of the very advanced Entune Infotainment system that it comes with. This system is equipped with more apps than any other stock system on the market today and it’s pretty straightforward to use.
When you rely on the Entune system you can check HD weather and traffic information for free and you can switch between FM and Satellite radio seamlessly. You can even program the same set of presets on the system to go to different stations on both of the different radio types.
Checking your email, text messages or social networks is a breeze with the system, and you’ll never suffer from a shortage of music as long as you have a data connection available. This media system can even read back your texts out loud and you can program it to respond to different vocal commands while driving.
Fun Family Commuting
The Corolla is known for providing a comfortable ride that families enjoy but it’s also great for families from a technology standpoint as well. Not only the driver can take advantage of the media system installed in the Corolla. This vehicle is also highly efficient and achieves 28 MPG in the city and 37 on the highway. It’s spacious interior coupled with the efficient engine and advanced tech features make the 2014 Toyota Corolla an ideal vehicle to take trips in.
Holding its Value
Advanced features such as the media system in the Corolla will only serve to help it hold its value over time. Many times buyers get new vehicles because they are looking for those advanced tech features. Since the Corolla is so far ahead of the curve, even used models will often have the desired features that buyers are looking for making them more valuable.
As one of the top hi-tech budget vehicles on the market today, the Toyota Corolla is an excellent option for technology enthusiasts, or buyers just looking to get the most value from their purchase.
Kelly Blue Book’s www.kbb.com, the leading provider of new and used car information, recently released a list of the 10 Best Road Trip Convertibles. Among the ten were the 2012 Audi A5 Cabriolet, chosen for its combination of style, refinement, and performance and the 2012 Audi TT Roadster was praised for its well-appointed sportiness and superb handling.
According to kbb.com editors, few convertibles meld style, refinement and performance into one package as well as the Audi A5 Cabriolet. As the only vehicle in its class to offer quattro® all-wheel drive, the A5 Cabriolet is a progressive take on top down driving. The award-winning 2.0 TFSI engine outputs 211 hp and 258 lb-ft of torque and combines Audi valvelift system, variable valve timing and TFSI® direct injection. The A5 Cabriolet’s evocative shape is derived from the A5 Coupe and demands attention with an aluminum optic trimmed windshield frame and elegant 18” wheels. The Audi acoustic soft top offers significant wind and road noise reduction and retracts in under 15 seconds which is the fastest in its segment. With rear folding seats, twelve-way power adjustable front seats and an overall open design, seating four adults, the A5 Cabriolet is definitely the way to go for those who want to bring along more friends.
With an unmistakable profile, the Audi TT Roadster is complemented by the unique rear diffuser with dual exhaust, adding an aggressive and exclusive look to the vehicle. At the touch of a button, the lightweight aluminum and steel, power folding acoustic soft top can be opened or closed in 12 seconds at speeds under 31 mph. The TT Roadster not only offers standout styling and performance, it delivers 23 mpg city and 31 mpg highway fuel economy. There are two roadster variations that leverage the same 2.0 liter turbocharged engine, with the base TT Roadster producing 211 hp and a TT Roadster using specialized engine components to boost output to 265 hp. On the inside, standard Alcantara leather sports seats featuring extended side bolsters hold the drive in place through corners. Brushed aluminum inlays are included throughout the cabin to augment the Audi TT’s elegant styling.