Porsche Destroys Lexus On The Valuation Sheet
When it comes to resale value in the automotive market, Toyota is the clear champion as every car they produced is valued higher than the competition. But when it comes to the luxury market, Lexus has lost its place at the top of the pecking order.
The luxury arm of Toyota fell to second place after being beaten by Porsche. Yes, you read that right. Porsche was confirmed earlier today to have the best resale value in the luxury scene.
The confirmation was made by Kelly Blue Book when they updated the ranking of cars with the best resale value in the market. Porsche scored big in every category – crossovers, SUVs, sedans and coupes. Names like Cayenne, Macan, 911, Panamera, 718 Boxster and 718 Cayman were all big winners in their respective categories.
But of course, being in second is not so bad for Lexus as they are still a lot better than Mercedes-Benz, BMW, Audi, Chrysler and Infiniti in terms of valuation. You can check out the full listings here.