Retained value is an extremely important indicator of the overall value of a vehicle. However, it can often be overlooked since it’s a factor that must be projected over time. As a result, people have a tendency to focus on what’s going on right now with a vehicle as opposed to its arc over time.
The 2016 Best Retained Value awards by Edmunds.com make it easy to see which models have the greatest retained value in their segment. In addition to handing out awards for each segment, the marketing and analysis firm also averages the percentage for each model of a brand to decide which brand is best overall.
In the realm of luxury brands, Acura takes the cake. Edmunds arrived at their assessment by looking at the private party residual value of all of the Acura models over five years, assuming that each model has been driven 15,000 miles per year. The result is a percentage of the vehicle’s True Market Value.
On average, Acura models are worth 47.6% of their current TMV. If you’d like to see for yourself what makes an Acura hold it’s value so well, come to Ed Voyles Acura today and find out why!