Related: State of the Fleet Industry: Fleet Resale Trends in the Wholesale Market & 2021-CY Forecast
J.D. Power Names 2020 Best Resale Value Award Winners
For the 2020 program, J.D. Power assessed 270 models from the 2017 model year, examining 592,000 vehicle sales transactions between May and September of 2020.
November 10, 2020
J.D. Power has announced the results of its 2020 Best Resale Value Awards and this year the best-performing vehicle overall is the GMC Sierra 3500.
Photo: J.D. Power
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J.D. Power has announced the results of its 2020 Best Resale Value Awards and this year Toyota and Honda lead the industry with five awards each. The best-performing vehicle overall is the GMC Sierra 3500.
When breaking down each segment individually, the vehicles with the best resale values are:
Pickup Trucks:
Midsize Pickup: Toyota Tacoma
Large Light-Duty Pickup: Toyota Tundra
Large Heavy-Duty Pickup: GMC Sierra 3500
SUVs:
Small SUV: Honda HR-V
Compact SUV: Jeep Wrangler
Midsize SUV: Toyota 4Runner
Large SUV: Chevrolet Tahoe
Cars
Small Car: Honda Fit
Compact Car: Honda Civic
Midsize Car: Honda Accord
Large Car: Dodge Charger
Sporty Car: Toyota 86
Midsize Sporty Car: Dodge Challenger
Luxury Cars
Small Premium Car: Mercedes-Benz B-Class
Compact Premium Car: Infiniti Q60
Midsize Premium Car: Lexus GS
Large Premium Car: Genesis G90
Compact Premium Sporty Car: Porsche Cayman
Midsize Premium Sporty Car: Chevrolet Corvette
Luxury SUVs
Small Premium SUV: Audi Q3
Compact Premium SUV: Lexus NX
Midsize Premium SUV: Lexus RX
Large Premium SUV: Lexus LX
“Our transaction database shows which models have the lowest depreciation costs, hence providing consumers with a key component in the total cost of ownership of the vehicle they plan to purchase or sell,” said Jonathan Banks, vice president and general manager of vehicle valuations at J.D. Power.
For the 2020 program, J.D. Power assessed 270 models from the 2017 model year, examining 592,000 vehicle sales transactions between May and September of 2020, according to the firm. J.D. Power bases the awards on used vehicle wholesale prices, divided by the original purchase price.
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