Toyota Still Has Detroit Beat on Car Resale Values
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 . 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 and General Motors fared in Kelley's rankings -- and at why every automaker wants to boost its resale values.
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The article Toyota Still Has Detroit Beat on Car Resale Values originally appeared on Fool.com.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. Try any of our Foolish newsletter services free for 30 days. 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.