Toyota and Acura Win Brand Honors in 2016 Best Retained Value Awards

SANTA MONICA, California Toyota and Acura won brand-level awards in's 2016 Best Retained Value Awards.

The awards provide critical information for car shoppers factoring retained value or depreciation into the equation.

The awards recognize brands and 2016 model year vehicles that have the highest projected residual values after five years.

Toyota won five model-level categories, followed by Honda, Lexus and Mercedes-Benz. The five segment-winning Toyota vehicles are the 2016 Toyota Avalon, Toyota Camry, Toyota Highlander, Toyota Tacoma and Toyota Tundra.

This was the second win in a row for the Toyota brand, as it received a projected 53.8 average percent residual value after five years.

Acura earned the luxury brand award for the fifth year with a projected residual value of 47.6 percent.

"It's no secret that a new car starts depreciating the moment that you drive it off the lot, but car shoppers owe it to themselves to understand exactly how much they can expect their cars to depreciate over time," said Consumer Advice Editor Carroll Lachnit.

"If shoppers are deciding between competing models, we advise them to see if any of the cars on their list earned a Best Retained Value Award. This one simple step could bring them more money down the road when it's finally time to trade in or sell the car."

Other model-level winners include the 2016 Honda CR-V, Ford Mustang, Chevrolet Corvette and Jeep Wrangler.

Edmunds says: You can find a full list of the winners here.