Many automotive publications and organizations are finally wrapping up their studies, surveys, and lists of “best vehicles to buy” or how well a vehicle ranks against its competitors. We’re bound to see a couple more before the end of the year, but one reputable name recently released the results of a study that takes a look at more than which vehicles in the market are the best today. Another factor to consider when buying a new car is how well it will fair in years from now, and whether the consumer van make a pretty penny when selling or trading it in. That’s called “resale value” and J.D. Power recently concluded its 2023 U.S. ALG Residual Value Awards. Competition was tough, but Kia Corp took home five awards this year with the best year-over-year improvement of any mass market brand.
“Kia is a brand on the move, with more models predicted to hold their value within their respective segments than any mass market brand…Resale value is one of the most important purchase considerations, and from rugged and capable SUVs to sporty sedans, the latest J.D. Power U.S. ALG Residual Value Awards are the latest demonstration of the strength and breadth of Kia’s lineup.” – Steven Center, COO and EVP, Kia America
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