BMW won two Best Resale Value awards from Kelley Blue Book and a Residual Value Award from ALG last week at the Los Angeles Auto Show. The 1-Series won the ALG Residual Value Award in the Near Luxury Car category. The X5 xDrive35d Advanced Diesel was named Best Resale Value in its class by Kelley Blue Book’s kbb.com and the ‘10 M3 is one of the Top 10 cars with Best Resale Value according to Kelley Blue Book’s kbb.com.
ALG determines the award winners after studying the competition in each segment, historical performance and industry trends. Vehicle quality, production levels relative to demand and pricing strategies are among the key factors that affect ALG’s forecasts. Winning vehicles in each segment are predicted to retain the highest percentage of their original price after a conventional three-year period. Since ‘07, BMW has won five ALG Residual Value Awards. The Kelley Blue Book Best Resale Value Awards recognize achievements in producing vehicles that best retain their value. In addition to the mainstream and luxury brands with the best projected resale values across their entire vehicle lines, awards are presented to top vehicles within 16 categories and for the overall top 10 vehicles across all categories. With these two latest honors, BMW has garnered a total of 14 Kelley Blue Book Best Resale Value Awards since the awards were established in ‘03.