12/18/2023 0 Comments Car black book valueVisit openinnew Canadian Black Book and enter the make and model of the vehicle. Finding out the value of a vehicle is easy. The Porsche Panamera posted its ninth consecutive win, while the Dodge Challenger posted its eighth win since 2012. Black Book provides useful insight for both buyers and sellers to find out the value of their trade-in, future value of the vehicle they’re interested in, or the average asking price for a vehicle they plan on selling. The Toyota Tacoma was right behind it at 88.3 per cent, taking its thirteenth straight win, followed closely by the Jeep Wrangler at 87.2 per cent. The Chevrolet Corvette held 88.5 per cent of its value over the past four years, the all-time record for retained value for any vehicle. GMC and Volkswagen took their first top honours, and Kia nabbed its first-ever CBB Best Retained Value Award, for the new “Most Improved” category. “Couple this with increased average ranges, which is alleviating much of the past range anxiety, and we get a user base and potential user base that trusts the product more, and therefore are willing to pay more for used units.”Īmong the overall brand awards, Honda took the car segment for the second year in a row, while Porsche took the luxury award for its third straight year. “Battery degradation concerns (for all ZEVs) are dissolving in the market as consumers are seeing ten-year lifespans, and (automakers) are commonly placing ten-year warranties on batteries,” said James Hancock, director of OEM Strategy and Analytics. Article contentĪmong the winners, CBB noted value growth in the ZEV category, where the Volkswagen e-Golf held 57.1 per cent of its MSRP after four years, the most for any zero-emission vehicle to date. Our website provides content from Google maps.This advertisement has not loaded yet, but your article continues below. To learn more about the 911, Panamera, or Macan, contact Porsche Centre Vancouver at (604) 736-7911, or drop by our dealership at 688 Terminal Ave, Vancouver. Additionally, Porsche has earned the best-possible Overall Luxury Brand Award four years in a row.Īs it is, CBB continues to clarify that buying your preferred Porsche performance car or SUV not only satisfies the senses, but remains the smartest business decision too. Of note, the Panamera has topped its Prestige Luxury Car class for eight consecutive years, while this is the second year for the 911 doing the same in its Premium Sporty Car category, and the third year for the Macan beating all challengers in the hotly contested Compact Luxury Crossover segment. Vehicles receiving a CBB “Best Retained Value Awards” designation have proven to retain the highest percentage of their manufacturer suggested retail price (MSRP) after four years of use. These outstanding acknowledgments by the leading authority highlight strong value retentions which ultimately benefit the customer.” Opting for best retained value is simply a smarter business decision “Consumers have many available choices in the market and we welcome these recognitions, which provide an additional reason to consider the brand. “We are honoured and delighted to accept the Overall Brand Award – Luxury as well as three model accolades from Canadian Black Book this year,” said Marc Ouayoun, President and CEO, Porsche Cars Canada, Ltd. Porsche recently earned the coveted Canadian Black Book (CBB) “2021 Overall Brand Award – Luxury” for achieving best retained value on average throughout the entire model range, an impressive accomplishment that also saw the 911, Panamera and Macan topping their respective Premium Sporty Car, Prestige Luxury Car, and Compact Luxury Crossover categories. 911, Panamera and Macan model lines top their categories for retained value
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