February 23, 2017

Toyota once again takes home multiple awards for retained and residual value

Laking Toyota

For the 8th year in a row, Toyota had more Canadian Black Book Retained Value Awards than any other automaker. The Japanese automaker also received six ALG Residual Value Awards, more than any other brand for the 3rd straight year. It would seem that when it comes to resale value, no other manufacturer can compete with Toyota.

Toyota takes home 9 Canadian Black Book Retained Value Awards

The Canadian Black Book Retained Value Awards were announced earlier this month at the Canadian International Auto Show in Toronto. Eight Toyota vehicles won their respective categories by offering the best retained value. The ninth award went to Toyota for the overall retained value of its sport utility vehicles and trucks.

Looking at 2013 models, CBB determined the approximate retained value in 2017 of every vehicle in each category, and then ranks each model. Vehicles with the highest retained value have a better resale value, and therefore provide better value to consumers.

Along with the Canadian Black Book awards, Toyota took home six ALG Residual Value Awards as well for 2017, more than any other automaker. Toyota has won the most ALG awards of any brand for the 3rd year in a row, now.

“At the heart of the great product we deliver to Canadians is our commitment to adding value to the overall ownership experience,” said Larry Hutchinson, President and CEO of TCI. “These awards are deeply meaningful because they speak to the long-term benefits our customers enjoy across our broad line-up of vehicles, including exceptional quality, great fuel economy and lower cost of ownership.”

Toyota vehicle winners with best retained or residual values

Toyota Tundra - full-size pick-up: CBB and ALG (eighth consecutive year for each award)

Toyota Tacoma - CBB small pick-up (eighth consecutive year) and ALG mid-size pick-up (seventh consecutive year)

Toyota Sequoia - full-size SUV: CBB (eighth consecutive year) and ALG (fifth consecutive year)

Toyota FJ Cruiser - mid-size SUV: CBB (seventh consecutive year)

Toyota 4Runner - off-road utility: ALG (third consecutive year)

Toyota Highlander - mid-size utility, third-row seating: ALG

Toyota Camry - mid-size car: CBB (second consecutive year)

Toyota Prius v - alternative fuel: ALG (second consecutive year)

Toyota Prius c - sub-compact car: CBB

Toyota Avalon - full-size car: CBB

Toyota Sienna - minivan: CBB (co-winner)

To learn more about Toyota’s brand new lineup of cars, sport utility vehicles and pickups, contact us today at Laking Toyota!

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