Lexus Wins Edmunds' "Best Retained Value" for Luxury Makes

1_2010_RX_350-prv-big.jpg Lexus led the luxury segment in the 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 launched in 1995 as the first automotive information Website. Inc. is headquartered in Santa Monica, Calif., and maintains a satellite office in suburban Detroit.