Toyota Still Has Detroit Beat on Car Resale Values

By John Rosevear – Nov 21, 2013 at 10:41AM

NYSE: TM

Toyota Motor

Market Cap

$313B

Today's Change

(-1.44%) -$3.33

Current Price

$228.51

Price as of April 19, 2024, 1:58 p.m. ET

Kelley Blue Book has handed out the latest awards for top resale value. General Motors has made good progress, but Toyota remains the industry's big winner.

The 2014 Lexus ES 350 was one of 11 Toyota products to win an award for high projected resale value. Photo credit: Toyota.

Kelley Blue Book has released its annual awards for the cars and trucks with the best projected resale values after five years. As usual, the big winner was Toyota (TM -1.44%). Toyota took home five of the 22 segment awards, and Toyota's luxury brand, Lexus, took six more.

That would seem to put Detroit's performance to shame -- but Detroit is making strides. In this video, Fool contributor John Rosevear looks at how Ford (F 0.54%) and General Motors (GM 0.08%) fared in Kelley's rankings -- and at why every automaker wants to boost its resale values.

Fool contributor John Rosevear owns shares of Ford and General Motors. You can connect with him on Twitter: at @jrosevear. The Motley Fool recommends Ford and General Motors and owns shares of Ford. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.