J.D. Power Best Resale Value Awards Given to 25 Models in 2020 Study
J.D. Power has announced the results of its 2020 study of vehicle resale values, and this year Honda and Toyota lead the industry with five awards each. The best-performing vehicle overall is the GMC Sierra 3500.
Now in its third year, the J.D. Power Best Resale Value Awards measure vehicles that are three years old. 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. J.D. Power bases the awards on used vehicle wholesale prices, divided by the original purchase price.
“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.
Listed below, you’ll find the award winners in each of the 25 vehicle segments included in the J.D. Power 2020 Resale Value Awards program. They are grouped by primary vehicle type, with individual segments and the award winner listed within each type classification. Click the links to read reviews of the cars.