Resale Values a Japanese Trump Suit

Once again, the proud Japanese trumped the new-car field and went on to dominate the annual “resale value” surveys.

The Honda-Toyota duopoly collected eight of the top ten slots in resale values and finished first in 14 of the 22 vehicle categories, as reported by Kelley Blue Book.

Once again, the resale numbers left slim to no pickings for Volkswagen, BMW and Subaru, with Porsche the only German brand to win a citation (high-end luxury car Panamera and Cayenne SUV).

GM bagged two listings (Volt and Camaro), Chrysler one (Wrangler) and Ford one (Fusion).
Resale values reflect initial-quality and durability ratings, carrying over from the Big Three’s dark days in the quality department.

But Kelley Blue Book’s residual director, Eric Ibara, says domestic automakers are catching up to the Japanese in the ‘values’ sector as quality improves. “If the Japs (sic) can build them better,” says Ibara, “ so can we. We are seeing the narrowing of the quality gap on 2012 models, which could cut the superiority of Honda/Toyota and their Fits, Civics, Lexuses and Avalons.”