Kelley Blue Book's 2011 Best Resale Value Awards Winners Announced

Kelley Blue Book announced the all-new 2011 model-year vehicle winners of its annual Best Resale Value Awards. The award recognizes current and upcoming vehicles for their projected retained value five years from now. The 211 Best Resale Value award for an auto brand was given to Subaru, while the luxury brand with the highest resale value was BMW. While most buyers only take a car's sticker price into consideration when choosing a new vehicle, Kelley Blue Book recommends that shoppers also consider the resale value. After five years of ownership, the average vehicle will only retain about 34 percent of its original value, meaning that a $50,000 new car today will only be worth about $17,000 after five years. “Consumers should take a good look at the projected resale value of a car when choosing their next new-vehicle purchase, and they would be wise to carefully consider the 2011 Best Resale Value Award winning vehicles and brands on this year’s list,” said James Bell, executive market analyst for Kelley Blue Book’s kbb.com. Here's the entire list of 2011 Best Resale Value Awards winners: 2011 BEST RESALE VALUE: BRAND Subaru 2011 BEST RESALE VALUE: LUXURY BRAND BMW 2011 BEST RESALE VALUE: BY VEHICLE CATEGORY