Toyota Wins Seven 2022 Best Residual Value Awards
Toyota Canada has been recognized by Canadian Black Book (CBB) with seven Best Residual Value Awards in 2022.
For the first time, in 2022, CBB has recognized winners for ‘Best Residual Value’ categories. Although similar, this is not the same as their ‘Best Retained Value’ awards announced earlier in the year. For these inaugural awards, Toyota brought home a total of seven awards including the Overall Brand Award in the Luxury category for Lexus and the Overall Brand Award in the Car category for Toyota.
The 2022 Best Residual Value Awards measure vehicles values into the future. These awards recognize which vehicles are expected to hold the largest percentage of their MSRP 48 months after the original date of purchase. Awards are presented in a total of 21 categories of cars, trucks, SUVs and EVs.
“We are thankful to our loyal customers for their continued trust and confidence in our vehicles and our brands… Our focus continues to be on providing quality products and enhancing our customer experience every year, and we are honoured to be recognized by Canadian Black Book for our efforts.” – Cyril Dimitris, Vice-President of Sales and Marketing at Toyota Canada
Toyota and Lexus were recognized with the following awards:
- Overall Brand Award: Luxury – Lexus
- Overall Brand Award: Car – Toyota
- Car: Luxury – Lexus IS
- Car: Prestige – Lexus LS500
- Car: Main – Toyota Camry
- Sport Car: Main – Toyota GR Supra
- Small Pickup – Toyota Tacoma
It’s no surprise to us that Toyota vehicles are built to last much longer than our competitors, and if you’re in the market for a new vehicle, the Supra, Camry, Tacoma, alongside the rest of our lineup are all vehicles that will keep their value for years to come! Talk to one of our salesmen or sales managers today to learn more about the Toyota difference!