CBB announces 2018 Best Retained Value Awards
Canadian Black Book has announced the winners of its 2018 Best Retained Value Awards in 20 categories, along with an additional three in the overall brand group.
Toyota dominated the list, coming in first in eight categories and taking two of three brand wins, with Porsche awarded the third spot. Toyota also received 14 mentions, such as being the top three in a category.
News of the awards was highlighted by a record 53 per cent for overall industry average retained value of four year old vehicles in Canada. That average is up two per cent from the previous record that was set in 2017.
The increase is due in large part to several strong segments and individual vehicles, such as the 2014 Jeep Wrangler breaking through the all-time retained value record by holding 91 per cent of its original Manufacturer’s Suggested Retail Price (MSRP), according to CBB’s news release.
“What a great year for retained values,” said Brad Rome, President of Canadian Black Book. “That said, the feeling is that we are getting close to the turning point where values are going to begin to retreat. Market conditions, most notably the increase in supply in the U.S. and Canada is expected to put downward pressure on prices moving forward.”
Other notable winners include the Chevrolet Corvette in the “Premium Sports Car” category, retaining 88 per cent of its value; the Toyota FJ Cruiser in the “Mid-sized Crossover/SUV” — a previous all-time retained value record holder from 2017 (with 83 per cent) and holding 86 per cent of its value from 2014, and the Toyota Tacoma in the “Small Pick-up” category won nine years in a row and held 81 per cent of its value after four years.
“Congratulations to all the winners of the 2018 Canadian Black Book Best Retained Value Awards,” said Rome. “You all deserve it for producing vehicles that Canadians want.”
For the list of winners, see the image below:
Overall Brand Awards |
|
Car |
Toyota |
Truck/Crossover/SUV |
Toyota |
Luxury |
Porsche |
MODEL |
1st |
2nd |
3rd |
Sub-compact Car |
Toyota Prius c |
Toyota Yaris |
Kia Soul |
Compact Car |
Toyota Prius v |
Toyota Matrix |
Honda Civic |
Mid-size Car |
Toyota Camry |
Subaru Outback |
Honda Accord |
Full-size Car |
Toyota Avalon |
Dodge Charger |
Chrysler 300 |
Entry Luxury Car |
Mercedes-Benz CLA-Class |
Volvo XC70 |
Lexus ES350 |
Luxury Car |
Lexus GS Series |
Audi A7 |
Mercedes-Benz E-Class |
Premium Luxury Car |
Porsche Panamera |
Mercedes-Benz S-Class |
Mercedes-Benz CLS-Class |
Premium Sports Car |
Chevrolet Corvette |
Porsche Boxster |
Porsche Cayman |
Sports Car |
Dodge Challenger |
BMW 2 Series |
Mazda MX-5 |
Small Pickup |
Toyota Tacoma |
Honda Ridgeline |
Nissan Frontier |
Full-size Pickup |
Toyota Tundra |
GMC Sierra 1500 |
GMC Sierra HD |
Minivan |
Toyota Sienna |
Honda Odyssey |
Kia Sedona |
Full-size Van |
RAM ProMaster |
Mercedes-Benz Sprinter |
Nissan NV Vans |
Compact Commercial Van |
RAM Van |
Ford Transit Connect |
|
Compact SUV |
Jeep Wrangler |
Nissan Xterra |
Toyota RAV4 |
Mid-size SUV |
Toyota FJ Cruiser |
Toyota 4Runner |
Toyota Highlander |
Full-size SUV |
Chevrolet Tahoe |
Toyota Sequoia |
Chevrolet Suburban 1500 |
Compact Luxury SUV |
Mercedes-Benz GLK-Class |
Audi Q5 |
Range Rover Evoque |
Mid-size Luxury SUV |
Porsche Cayenne |
Lexus GX460 |
Lexus RX350 |
Full-size Luxury SUV |
Mercedes-Benz G-Class |
Land Rover Range Rover Sport |
Land Rover Range Rover |
MODÈLE |
1er |
2e |
3e |
Sous-compacte |
Toyota Prius c |
Toyota Yaris |
Kia Soul |
Compacte |
Toyota Prius v |
Toyota Matrix |
Honda Civic |
Intermédiaire |
Toyota Camry |
Subaru Outback |
Honda Accord |
Pleine grandeur |
Toyota Avalon |
Dodge Charger |
Chrysler 300 |
De luxe – entrée de gamme |
Mercedes-Benz CLA-Class |
Volvo XC70 |
Lexus ES350 |
De luxe |
Lexus GS Series |
Audi A7 |
Mercedes-Benz E-Class |
De luxe – haut de gamme |
Porsche Panamera |
Mercedes-Benz S-Class |
Mercedes-Benz CLS-Class |
Sport – haut de gamme |
Chevrolet Corvette |
Porsche Boxster |
Porsche Cayman |
Sport |
Dodge Challenger |
BMW 2 Series |
Mazda MX-5 |
Camionnette compacte |
Toyota Tacoma |
Honda Ridgeline |
Nissan Frontier |
Camionnette pleine grandeur |
Toyota Tundra |
GMC Sierra 1500 |
GMC Sierra HD |
Fourgonnette |
Toyota Sienna |
Honda Odyssey |
Kia Sedona |
Fourgonnette pleine grandeur |
RAM ProMaster |
Mercedes-Benz Sprinter |
Nissan NV Vans |
Fourgonnette commerciale compacte |
RAM Cargo Van |
Ford Transit Connect |
|
VUS/Multisegment compact |
Jeep Wrangler |
Nissan Xterra |
Toyota RAV4 |
VUS/Multisegment intermédiaire |
Toyota FJ Cruiser |
Toyota 4Runner |
Toyota Highlander |
VUS/Multisegment pleine grandeur |
Chevrolet Tahoe |
Toyota Sequoia |
Chevrolet Suburban 1500 |
VUS/Multisegment compact de luxe |
Mercedes-Benz GLK-Class |
Audi Q5 |
Range Rover Evoque |
VUS/Multisegment intermédiaire de luxe |
Porsche Cayenne |
Lexus GX460 |
Lexus RX350 |
VUS/Multisegment pleine grandeur de luxe |
Mercedes-Benz G-Class |
Land Rover Range Rover Sport |
Land Rover Range Rover |
Original link: https://canadianautodealer.ca/2018/02/cbb-announces-2018-best-retained-value-awards/