April 30, 2025
Kelley Blue Book, a Cox Automotive company, has announced the winners of the 21st annual Best Resale Value Awards. These are the vehicles that are projected to best retain value through the initial five-year ownership period.
“Toyota wins Best Resale Value: Brand for 2023, while its sibling Lexus wins Best Resale Value: Luxury Brand, both enjoying top honors for the second consecutive year,” said Janice Yoell, senior manager of valuations for Kelley Blue Book. “In addition, we made some changes to the vehicle categories, adding additional categories to reflect the growing electric vehicle market.”
In recent years the awards featured just one overall Electric Vehicle category, but now there are categories for Electric Car, Luxury Electric Car, Electric SUV, Luxury Electric SUV and Electric Truck.
This year marks the seventh Best Resale Value: Brand win for Toyota, which previously won the same honors in 2014, 2017, 2018, 2019, 2021 and 2022. For 2023, Lexus celebrates its second consecutive win and fourth time overall winning the award for Best Resale Value: Luxury Brand.
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2023 BEST RESALE VALUE: BRAND |
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Toyota
2023 BEST RESALE VALUE: LUXURY BRAND Lexus |
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COMPACT CAR: Honda Civic |
SUBCOMPACT SUV: Subaru Crosstrek |
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MIDSIZE CAR: Honda Accord |
COMPACT SUV: Subaru Forester |
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SPORTS CAR: Chevrolet Corvette |
MIDSIZE SUV – 2-ROW: Subaru Outback |
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MINIVAN: Toyota Sienna |
MIDSIZE SUV – 3-ROW: Hyundai Palisade |
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LUXURY COMPACT CAR: Genesis G70 |
FULL-SIZE SUV: GMC Yukon |
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LUXURY MIDSIZE CAR: Acura TLX |
LUXURY SUBCOMPACT SUV: Volvo XC40 |
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LUXURY FULL-SIZECAR: Lexus LS |
LUXURY COMPACT SUV: Acura RDX |
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HEV/PHEV: Toyota RAV4 Prime |
LUXURY MIDSIZE SUV – 2-ROW: Porsche Cayenne |
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ELECTRIC CAR: Chevrolet Bolt EV |
LUXURY MIDSIZE SUV – 3-ROW: Lincoln Aviator |
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LUXURY ELECTRIC CAR: Tesla Model S |
LUXURY FULL-SIZE SUV: Lexus LX |
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ELECTRIC SUV: Ford Mustang Mach-E |
COMPACT PICKUP TRUCK: Ford Maverick |
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LUXURY ELECTRIC SUV: Tesla Model X |
MIDSIZE PICKUP TRUCK: Toyota Tacoma |
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ELECTRIC TRUCK: Ford F-150 Lightning |
FULL-SIZE PICKUP TRUCK: Toyota Tundra |
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OFF-ROAD SUV: Ford Bronco |
FULL-SIZE PICKUP TRUCK – HEAVY-DUTY: Chevrolet Silverado HD |
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2023 BEST RESALE VALUE: TOP 10 CARS |
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Chevrolet Corvette |
Subaru Crosstrek |
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Ford Bronco |
Tesla Model X |
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Ford Maverick |
Toyota 4Runner |
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Honda Civic |
Toyota Tacoma |
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Jeep Wrangler |
Toyota Tundra |
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