Tucson | 2012 Kelley Blue Book Best Resale Value Awards
One of the Top 10 cars with Best Resale Value according to Kelley Blue Book’s kbb.com
The stylish and fuel efficient 2012 Tucson CUV secured a spot on Kelley Blue Book’s Best Resale Value Award Top 10 list. Kelley Blue Book, the leading provider of new and used vehicle information, announced the vehicles expected to best retain their value over the next five years.
“Hyundai’s year-over-year gain in average residual value of 4.5 percentage points was one of the best in the industry,” said Eric Ibara, director of residual value consulting for Kelley Blue Book. “Throughout the last 18 months, Hyundai introduced redesigns that amazed and delighted the industry and car buyers. Among this year’s top 10 model winners, the Hyundai Tucson is holding its value exceedingly well, gaining more than 10 percentage points from last year with a 60-month residual value of 45.3 percent. With Hyundai’s improvements in styling and performance that result in more consumers shopping Hyundai vehicles, this brand is clearly one to watch.”
Kelley Blue Book’s annual Best Resale Value Awards recognize current and forthcoming vehicles for their projected retained value throughout the initial five-year ownership period. Since depreciation (or loss of value) is typically a car buyer’s primary expense during ownership, these awards are designed to help consumers make more informed car-buying decisions.
“Tucson does an excellent job of artfully combining state-of-the-art safety features, design and affordability, allowing it to retain a high value throughout the course of ownership,” said Mike O’Brien, vice president, Product and Corporate Planning, Hyundai Motor America. “Hyundai is proud to offer its Trade-In Value Guarantee as part of Hyundai Assurance and this program is made possible due to the strength of Hyundai vehicles’ residual values, like the Tucson.”
For the entire awards lists, visit the Best Resale Value Awards story at kbb.com.
KELLEY BLUE BOOK (kbb.com)
Founded in 1926, Kelley Blue Book, The Trusted Resource®, is the only vehicle valuation and information source trusted and relied upon by both consumers and the industry. Each week the company provides the most market-reflective values in the industry on its top-rated website kbb.com, including its famous Blue Book® Trade-In and Retail Values and Fair Purchase Price, which reports what others are paying for new cars this week. The company also provides vehicle pricing and values through various products and services available to car dealers, auto manufacturers, finance and insurance companies as well as governmental agencies. Kbb.com provides consumer pricing and information on minivans, pickup-trucks, cars, hybrids and SUVs. Kelley Blue Book Co. Inc. is a wholly owned subsidiary of AutoTrader.com.
