For the second year in a row, Subaru and Lexus took top honors for best brand and best luxury brand, respectively.
DETROIT, MI - The depreciation of a car or truck is one of the single greatest expenses vehicle owners will incur in their first five years of ownership, according to Kelley Blue Book.
On that front, the industry-tracking firm on Tuesday released its 2016 Best Resale Value Awards for the cars and trucks it says are likely to depreciate the least.
For the second year in a row, Subaru and Lexus took top honors for best brand and best luxury brand, respectively. But General Motors fared well, too.
"While both Subaru and Lexus deliver incredible resale value, we also continue to be impressed with General Motors, which tops domestic automakers with seven combined awards for Chevrolet and GMC and places four of its vehicles in our Top 10," Eric Ibara, director of residual values for Kelley Blue Book, said in a release. "In addition, the majority of the Top 10 Best Resale Value vehicles this year are trucks and SUVs, which is further testament to the strength these segments will carry in the future. Five out of the Top 10 vehicles with Best Resale Value for 2016 are pickup trucks."
KBB broke out best value-holding vehicles into 22 different categories, and also picked an overall top 10 models, as seen below.
Now in their 14th year, KBB's Best Resale Value Awards are calculated by
automotive analysts that review millions of transactions. Vehicles that are selected for the award have the highest five-year residual values, expressed as a percentage of their original Manufacturer's Suggested Retail Price. It excludes low-volume vehicles and vehicles with an MSRP of more than $60,000, except for in the plug-in vehicle, luxury and high-performance categories.
Here are the 2016 winners:
2016 BEST RESALE VALUE: BRAND
Subaru
2016 BEST RESALE VALUE: LUXURY BRAND
Lexus
2016 BEST RESALE VALUE: BY VEHICLE CATEGORY
SUBCOMPACT CAR: Honda Fit
PLUG-IN VEHICLE: Tesla Model S
COMPACT CAR: Subaru Impreza
COMPACT SUV/CROSSOVER: Jeep Wrangler
SPORTY COMPACT CAR: Subaru WRX
MID-SIZE SUV/CROSSOVER: Toyota 4Runner
MID-SIZE CAR: Subaru Legacy
FULL-SIZE SUV/CROSSOVER: Chevrolet Tahoe
FULL-SIZE CAR: Toyota Avalon
LUXURY COMPACT SUV/CROSSOVER: Porsche Macan
ENTRY-LEVEL LUXURY CAR: Lexus RC
LUXURY MID-SIZE SUV/CROSSOVER: Lexus GX 460
LUXURY CAR: Lexus GS
LUXURY FULL-SIZE SUV/CROSSOVER: Lexus LX 570
HIGH-END LUXURY CAR: Porsche Panamera
HYBRID SUV/CROSSOVER: Lexus RX 450h
SPORTS CAR: Chevrolet Camaro LT
MID-SIZE PICKUP TRUCK: Toyota Tacoma
HIGH PERFORMANCE CAR: Chevrolet Camaro SS
FULL-SIZE PICKUP TRUCK: Toyota Tundra
HYBRID/ALTERNATIVE ENERGY CAR: Lexus ES 300h
MINIVAN/VAN: Toyota Sienna
2016 BEST RESALE VALUE: TOP 10 CARS
Chevrolet Camaro
Subaru Forester
Chevrolet Colorado
Subaru WRX
GMC Canyon
Toyota 4Runner
GMC Sierra
Toyota Tacoma
Jeep Wrangler
Toyota Tundra
David Muller is the automotive and business reporter for MLive Media Group in Detroit. Email him at dmuller@mlive.com, follow him on Twitter or find him on Facebook.