Kelley Blue Book has awarded Porsche the Best Resale Value Luxury Brand Award for 2017. Three 2017 Porsche models earned top honors in their respective luxury segments, which contributed to the Porsche brand overall victory. The 2017 Panamera, Macan, and 718 Cayman represent the best resale values in their segment, as chosen by Kelley Blue Book. The experts at KBB.com remarked, “Porsche’s ability to seamlessly blend its high-performance heritage with polished luxury is broadening the company’s fan base every year, and Porsche resale value is outrageously strong—and that’s how you win the Best Resale Value Awards crown.”
Entering their 15th year, Kelley Blue Book’s Best Resale Value Awards are based on projections from the Kelley Blue Book® Official Residual Value Guide. As an industry-trusted source, these values are established by experienced automotive analysts that review the output from statistical models built upon millions of transactions. Vehicles that achieve the highest five-year residual values, expressed as a percentage of their original Manufacturer's Suggested Retail Price (MSRP), are selected for these prestigious awards.
While many car shoppers today consider sticker price one of the most significant figures when choosing a new vehicle, the editors at Kelley Blue Book's KBB.com recommend buyers consider a number they won't find on any window sticker: the resale value. Depreciation is often the largest expense incurred by drivers during the first five years of ownership. The typical 2017 model-year vehicle only will retain about 32.9 percent of its original value after a five-year ownership period, which means that a $50,000 new car today will only be worth around $16,450 after five years.
Current Porsche owners will certainly vouch for the unrivaled blend of captivating performance and luxury found in the soul of every Porsche vehicle. Driving a Porsche transforms your typical commute into an invigorating driving experience. As the 2017 Kelley Blue Book Best Resale Value Luxury Brand Award winner, Porsche owners now have yet another reason to love their cars — unmatched resale value. As the miles zoom by, enjoy the added reassurance that your Porsche will retain its value better than any other luxury brand on the market!
So what does this mean to you - a current Porsche owner?
For all the reasons why Porsche was recognized as delivering the Best Resale Value in the Luxury Segment, your current Porsche is probably worth more than you think! In Ann Arbor, we see more demand than we have supply for well-maintained used Porsche sportscars and SUV's which also means you're likely to receive more for your Porsche as a trade-in on a new one.
So consider upgrading your current Porsche for a new one. Browse our complete inventory online or in-person at our dealership in Ann Arbor and speak with one of our knowledgeable Porsche Ambassadors and get ready for some pleasant surprises!
Date Posted: July 10, 2017