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Toyota Motor Corp. came out on top in Edmunds.com’s annual Best Retained Value Awards, nabbing a brand-level award and four model-level awards.
The awards recognize brands and nameplates that have the highest projected residual values after five years compared to their average transaction prices when sold new.
Toyota won the nonluxury division with a projected 52.4 percent residual value after five years. The 2015 models of the Tacoma, Avalon, Tundra and Highlander were among the award winners in 24 segments.
Among all segments and nameplates, the Tacoma pickup had the highest average retained value after five years at 64.5 percent. Second to the Tacoma was the 2015 Jeep Wrangler with 62.4 percent.
“Smart car shoppers who are likely to sell their car within five years should always stop and consider projected residual values before making a new car purchase,” Edmunds.com Consumer Advice Editor Carroll Lachnit said in a statement. “Whether you are leasing or buying, [...]