Toyota Awarded Top Spot in Best Retained Value Awards

BURNS HARBOR, Ind. - July 13, 2015 - PRLog -- Lake Shore Toyota is proud to announce that Edmunds.com just named the Toyota brand to the top of their “Best Retained Value Awards” among non-luxury automakers. Edmunds is one of a few different organizations that keeps track of new and used car values, and their annual awards have marked Toyota as the best non-luxury auto investment.

Edmunds estimates the residual values of all vehicles across a lineup five years down the line, based on their average true market value price, ranking automakers from best to worst for retained value.

Bill Fay, Toyota's Group Vice President and General Manager, responded to the Edmunds award, saying, “Earning the Edmunds.com ‘Best Retained Value’ award is a great honor and a testament to Toyota’s commitment to quality, durability and reliability, all key ingredients for great value."

In addition to Toyota taking home the top spot in the awards, multiple Toyota vehicles earned the highest place in their respective classes, including:

* Mid-size Truck: 2015 Toyota Tacoma
* Large Truck: 2015 Toyota Tundra
* Mid-size SUV: 2015 Toyota Highlander
* Large Car: 2015 Toyota Avalon

Edmunds.com's Consumer Advice Editor, Carroll Lachnit, explained the benefits of the awards and what it means for shoppers: "Smart car shoppers who are likely to sell their car within five years should always stop and consider projected residual values before making a new car purchase. Whether you are leasing or buying, the retained value of a car can make a big difference in your wallet."

In addition to the Toyota lineup being a smart choice for new car buyers, their high retained value makes them excellent options for used cars – particularly when they are a part of Toyota's Certified Pre-Owned program.

To see the current Toyota lineup in person, readers can visit Lake Shore Toyota six days a week at 244 Melton Rd in Burns Harbor, IN. Contact the sales team online or by phone at (877) 834-5956 to schedule a test drive of a new or Certified Pre-Owned Toyota model. Their full-service dealership also features convenient on-site auto financing and a state-of-the-art service center.

Photos:
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