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MINI Cooper S (BMW)
MINI Cooper S (BMW)

Guide to used-car prices Add to ...

Surprising results about pre-owned Toyotas

Canadian Black Book has taken all the mystery out of how to access used-vehicle values. The CBB people have launched a consumer website, complete with a "Trade-in Value" estimator (canadianblackbook.com). It's free and it's easy to use.

Anyone in need of trade-in values can use the site to learn the average asking price for a used vehicle and the future value of virtually every car and truck manufactured since 1997.

"The site's ability to generate a future value for literally every vehicle available in Canada also provides an invaluable tool in determining the total cost of ownership," says auto analyst Dennis DesRosiers.

Interestingly, CBB has so far found that Toyota's recent troubles have yet to have a major impact on residual values. In fact, in CBB's most recent retained value awards, Toyota's performance was "exceptional." Six Toyota vehicles finished first in their segments, while one Lexus model won its category.

Obviously, auto makers who steer clear of perceived and real quality problems are likely to benefit on the residual value front in the coming year. Strong brands with a clean quality and safety slate will only get stronger in the coming year - and that's money in the pocket for owners of vehicles from those brands.

The 2010 CBB Retained Value Awards

Sub-compact: Toyota Yaris

Compact: Mazda5

Mid-size car: Honda Accord, Subaru Outback, Volkswagen Passat (tie)

Full-size car: Toyota Avalon

Entry luxury car: Lexus IS Series

Luxury car: Audi A6, BMW 5-Series (tie)

Premium luxury car: BMW 6-Series, Mercedes-Benz CLS-Class (tie)

Sports car: Mini Cooper, Volkswagen GTI (tie)

Premium sports car: Porsche 911

Compact SUV: Toyota RAV4

Mid-size SUV: Honda Pilot

Full-size SUV: Nissan Armada, Toyota Sequoia (tie)

Luxury SUV: Mercedes-Benz G-Class

Minivan: Honda Odyssey

Large van: Dodge Sprinter

Small pickup: Toyota Tacoma

Large pickup: Toyota Tundra

Source: Canadian Black Book. Actual retained value percentages not available.

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