Kelley Blue Book’s Five-Year Cost to Own Awards Show Toyota and Lexus on Top

You might look at the 2022 model year and want to drive a used vehicle five years from now. Conversely, if you buy a new 2022 vehicle, you could be ready to sell it in five years. Whether you’re the buyer or the seller, the right brand of vehicle matters. We could likely predict the results of which models will offer the highest resale value in five years by simply pronouncing Toyota and Lexus as part of that list.

What goes into the five-year cost of ownership score?

2022 Lexus LX luxury SUV on sand
2022 Lexus LX | Lexus

Kelley Blue Book offers the Five-Year Cost to Own Awards, which predict the value of different models from various brands. According to Motor1, KBB considers depreciation, expected fuel costs, finance and insurance fees, maintenance and repair costs, and state fees. If you’re going to need to pay something for the vehicle you drive, KBB considers it.

Which Toyota and Lexus models will be the most affordable after five years?

A blue 2021 Toyota Tundra is parked off-road.
The 2021 Toyota Tundra | Toyota

We see various models winning the Five-Year Cost to Own award across the 23 vehicle categories considered. Among the winners, five come from Toyota and four from Lexus. These winners are:

Toyota

  • Compact Car: Corolla
  • Full-Size Car: Avalon
  • Hybrid Vehicle: Corolla Hybrid
  • Minivan: Sienna
  • Full-Size Pickup Truck: Tundra

Lexus

  • Luxury Subcompact SUV: UX
  • Luxury Compact SUV: NX
  • Midsize Luxury SUV 2-Row: RX
  • Luxury Full-Size SUV: LX

As you can see, the Toyota models give you three sedans, a minivan, and a truck, while the Lexus models are all luxury SUVs that could offer the highest value in five-years-time.

What other models won?

Silver 2022 Honda Accord, highlighting release date and price of 2023 Accord
2022 Honda Accord | Honda

Several other models found their way to the top of the list for the 2022 model year. Here are other brands and vehicles you might consider:

  • Midsize Car: Honda Accord
  • Entry-Level Luxury Car: Acura ILX
  • Luxury Car: Volvo S90
  • Sports Car: Subaru BRZ
  • Electric Vehicle: Nissan Leaf
  • Subcompact SUV: Hyundai Venue
  • Compact SUV: Subaru Forester
  • Midsize SUV 2-Row: Subaru Outback
  • Full-Size SUV: Nissan Armada
  • Midsize SUV 3-Row: Subaru Ascent
  • Luxury Midsize SUV 3-Row: Acura MDX
  • Off-Road SUV: Ford Bronco
  • Midsize Pickup Truck: Ford Ranger
  • Luxury Electric Vehicle: Tesla Model 3

Looking at this list, you see several models from the Subaru vehicle brand, giving you another name that could offer value whether you’re a buyer or seller in the future.

What if you’re looking for a used model right now? Could it be a Lexus or Toyota?

White 2022 Toyota Corolla driving on a city street at night
2022 Toyota Corolla | Toyota

If you’re shopping for used cars and want to know which models should offer the highest value, you’ll want to see the vehicles listed by KBB from 2017. That list includes the following:

  • Subcompact Car: Chevrolet Spark
  • Compact Car: Toyota Corolla
  • Sporty Compact Car: Ford Fiesta ST
  • Midsize Car: Honda Accord
  • Full-Size Car: Chevrolet Impala
  • Entry-Level Luxury Car: Buick Verano
  • Luxury Car: Lexus GS
  • High-End Luxury Car: Lexus LS 460/460L
  • Sports Car: Toyota 86
  • Hybrid/Alternative Energy Car: Toyota Prius
  • Electric Vehicle: Toyota Prius Prime
  • Subcompact SUV: Honda HR-V
  • Compact SUV: Subaru Crosstrek
  • Midsize SUV: Jeep Wrangler Unlimited
  • Full-Size SUV: Chevrolet Tahoe
  • Luxury Compact SUV: Buick Encore
  • Midsize Luxury SUV: Infiniti QX60
  • Full-Size Luxury SUV: Infiniti QX80
  • Midsize Pickup Truck: Chevrolet Colorado Extended Cab
  • Full-Size Pickup Truck: Chevrolet Silverado 1500 Regular Cab
  • Minivan: Dodge Grand Caravan

Times have changed with different vehicle brand names on the list

SUVs with the highest predicted resale value

Looking at the list from 2017 compared to 2022, we see Lexus wasn’t listed with any SUVs in 2017 but dominates the board today. Also, the Toyota Corolla made both lists, but some of the other Toyota models did not make the cut five years ago. This shows you how much the market has changed and which models should offer the value you’re looking for now and in the future.

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