2014 Toyota Tundra
John Goreham's picture

2014 Toyota Tundra and Tacoma embarrass F-150 and Silverado with resale value award win

Toyota taking the overall best resale brand award is no surprise. However, Toyota trucks won all the categories most coveted by Ford, GM, and Ram. Time for a wake-up call for F-150, Silverado and Ram?
Advertisement


Toyota’s Tundra and Tacoma pickup trucks have made a mockery of the marketing campaigns of its rivals. Both Tundra and Tacoma have been awarded the top truck spot on Kelly Blue Book’s (KBB) best resale value list. KBB has long been the industry standard for resale valuations. In addition to winning the all of the truck categories in which it competes, Toyota’s Sequoia also took home the award for the best full size SUV/Crossover. That means between them, the Ford F-150, Chevy Silverado, and Chrysler’s Ram trucks won zip, nada, zero of the most important truck awards. Despite years of advertisements expounding their ruggedness and desirability, the actual used-truck buyers have voted with their wallets and Ford, Chevy and Ram are all behind Toyota's trucks.

This is the third straight overall KBB Best Resale Brand win for Toyota. The resale value of a vehicle refers to the difference between a car’s price new, less its depreciation of 5 years. Those with the highest rating are considered the best financial options in a given category. The ratings come straight from the Kelley Blue Book® Official Residual Value Guide. The Kelley Blue Book’s Best Resale Value Awards have been awarded now for 12 years. Like the J.D. Power Initial Quality awards, Toyota is usually dominant.

Toyota’s trucks strong showing here in comparison to Ford, Chevy, GMC, and Ram are reflective of the value that shoppers looking for a used truck place on the Toyota offerings. Toyota’s truck sales have been creeping up on the brands once called domestic. That designation is hard to apply now that all Toyota trucks are manufactured in Texas, while GM still uses factories outside of the United States to make pickup trucks, and since Ram is owned by Italian car maker Fiat. Toyota’s truck sales have passed GMC, and when heavy duty trucks are not counted Toyota is in a close race with Chevy and Ram for the number two spot after Ford. However, Chevy is bringing back the Colorado, and that could be a total game-changer.

Commenting on the Toyota truck showing Bill Fay, Group Vice President and General Manager of Toyota division said “We are proud that the Toyota brand and six Toyota models were recognized by Kelley Blue Book for their excellent resale value. This key buying criteria is just one of the many reasons consumers return to the Toyota brand.” The other models that won their categories were the Toyota FJ cruiser, which won the mid-size SUV/crossover category. Ironically, the FJ is now being discontinued by Toyota. The Avalon and Sienna also won their groups.

The loyal fans of the Ford and Chevy trucks usually dispute these Toyota truck wins as inconsequential. What do you think? Do buyers think Toyota trucks are a better used truck buy?


Sign-up to our email newsletter for daily perspectives on car design, trends, events and news, not found elsewhere.

Comments

KBB has deep pockets and one hand in it is Toyota. This a marketing ploy at its best to bring up the slumping sales of Toyota trucks. Toyota trucks have never proven themselves and tests show just why they never want to compete with the big boys. For the want a be's who want a truck this what they would buy. Serious buyers know that it's not only appearance that matters it is what you get for your money especially today. Keep trying!
I find it amusing you sound so confident to bash Toyota trucks, but can't say more than fallacious opinions that hold no truth. Toyota trucks have never proven themselves? How come they keep selling for so much money? Toyota doesn't care about some meaningless pissing match between them and American trucks because they can't compete with the issues Toyota focuses on, such as reliability and consumer costs. Look up lean manufacturing and TPS... Showing how much frame flex is negligible when your Ford can't get started in the mornings or breaks down with Toyota owners passing by laughing because their truck hasn't broken down in the 776,000 miles they've owned it. You're an uneducated redneck, and the only reason I'm glad people like you exist is so your dumbass drives the shitty domestic I never will! Get real and please stay away from Toyota's, you don't deserve one and I would kill myself knowing a fellow Toyota owner was as stupid as you.
If anyone doubts the capabilities of a new Tundra, watch the Ike tunnel challenge done by the fast lane truck on YouTube. No bs.
it's funny how these idiots are so quick to defend Toyota. First off they are IMPORTS Ford and Chevy/GM are domestic. The resale might be higher since these trucks are better suited for a weekend warrior, grocery hauler, than a everyday work, farm truck like Ford, Chevy. I'd rather buy a pickup from a company that's been making them for a hundred years rather than one who's been doing it for fifteen.
Who's an idiot? I've owned 9 consecutive F series, and a 2012 Sierra before my Tundra. They were all great trucks, but EVERY truck, like firearms, are compromises between needs and wants. There is NO perfect truck. Hey, at least my Tundra is American. The Sierra I traded for it was built in Mexico.