Lexus Named Top Luxury Brand in Kelley Blue Book 2014 Residual Value Awards

Lexus LS Kelley Blue Book

For the third year in a row, Lexus was named the top luxury brand in Kelley Blue Book’s 2014 Best Resale Value Awards.

Along with the overall brand award, six Lexus vehicles also won Best Resale Value in their respective categories:

  • Entry-Level Luxury: 2014 Lexus ES 350
  • High-End Luxury Car: 2014 Lexus LS 460
  • Hybrid/Alternative Energy Car: 2014 Lexus ES 300h
  • Luxury Mid-Size SUV/Crossover: 2014 Lexus GX 460
  • Luxury Full-Size SUV/Crossover: 2014 Lexus LX 570
  • Hybrid SUV/Crossover: 2014 Lexus RX 450h

Kelley Blue Book projects resale value based on a formula using the current vehicle data, auctions, sales data, market conditions, and the vehicle’s competition — these calculated residual values are then used by manufacturers, banks, financial institutions and the automotive leasing industry.

[Source: Lexus USA]


Comments

  1. I see the ES300h won for best hybrid/alternative. Anyone know what the resale figures look like for Tesla?
  2. No love for the GS :(
    • http://www.edmunds.com/lexus/gs-350/2013/long-term-road-test/2013-lexus-gs-350-inspected-and-sold.html "Back in 2012, we paid $58,377 for the Lexus (plus tax and title). It depreciated about 30 percent. For reference, average car depreciation is about 22 percent. This deeper drop was fairly disappointing, given that Lexus vehicles have a reputation for good resale value. But as it turned out, all the options that made our GS fun to drive and gave us stuff to write about had little value in the resale market."
  3. Wow what a feat of to accomplish with LEXUS..... almost the entire line-up is winning on this list.