Lexus Wins Edmunds’ “Best Retained Value” for Luxury Makes
Lexus led the luxury segment in the Edmunds.com inaugural Best Retained Value Awards. Lexus won the 2011 brand award for luxury makes and took four categories earning twice as many awards than the next luxury brand.
Edmunds based its Best Retained Value on the average five-year retained value of the car maker’s 2011 models that launched prior to the end of 2010.
The four model-level categories captured by Lexus included:
GS 350 mid-size luxury sport sedan: Sedan over $40,000
IS 250 C luxury hard-top convertible: Convertible $35,000-45,000
RX 350 luxury utility vehicle: SUV $35,000-45,000
GX 460 mid-size luxury utility vehicle: SUV over $45,000
Edmunds.com launched in 1995 as the first automotive information Website. Edmunds.com Inc. is headquartered in Santa Monica, Calif., and maintains a satellite office in suburban Detroit.