In addition, the BMW X5 and BMW X6 Sports Activity Vehicles each won places on the KBB.com 2011 model year list of Top 10 Models for Best Resale Value, and the X5 xDrive35d Advanced Diesel was chosen as Best Resale Value for Hybrid / Alternative Energy Utility Vehicle. Not stopping there, the BMW X5 also won the 2011 Best Resale Value award in the Luxury Utility Vehicle category.
 

*European models shown.
“At BMW, we believe our vehicles’ strong resale value is a result not only of the innovation, engineering and design aesthetics built into each one of our cars, but also the quality of the BMW ownership experience in total,” said Peter Miles, BMW of North America’s Executive Vice President of Operations. Miles accepted the awards for BMW on the eve of the 2010 Los Angeles International Auto Show, saying, “BMW vehicles serve as industry benchmarks when new then strongly influence the used-car market as they go on to satisfy additional owners. BMW resale value proves that.”
 
“Consumers should take a good look at the projected resale value of a car when choosing their next new-vehicle purchase, and they would be wise to carefully consider the 2011 Best Resale Value Award winning vehicles and brands on this year’s list,” said James Bell, executive market analyst for Kelley Blue Book’s kbb.com “Taking the time to research and choose vehicle makes, models and options wisely now can help new-car shoppers hold value down the road when they go to sell or trade-in the vehicle.”
 
Kelley Blue Book’s Best Resale Value Awards are based on projections from the Kelley Blue Book® Official Residual Value Guide, determined by an expert staff of automotive analysts.  These prestigious awards honor vehicles expected to maintain the greatest proportion of their original list price after five years of ownership.  Low-volume vehicles and vehicles with a Manufacturer’s Suggested Retail Price of more than $60,000 are excluded from award consideration, except in the luxury and high-performance categories.

*European model shown

PRESS RELEASE:

Kelley Blue Book and ALG Announce Winners on Eve of Los Angeles Auto Show.

Woodcliff Lake, New Jersey, December 2, 2009…  The BMW X5 xDrive35d Advanced Diesel was named Best Resale Value in its class by Kelley Blue Book’s kbb.com, and the 2010 BMW M3 is one of the Top BMW announced today that it has won two Best Resale Value awards from Kelley Blue Book and a Residual Value Award from ALG. The BMW 1 Series won the ALG Residual Value Award in the Near Luxury Car category.10 cars with Best Resale Value according to Kelley Blue Book’s kbb.com.

“BMW drivers are loyal to the brand not only because of the exceptional driving experience their vehicles provide, but because of the remarkable ease of ownership afforded by BMW Ultimate Service®,” said Robert Frisch, Vice President, Western Region, BMW of North America. “Ultimate Service helps ensure BMW vehicles are serviced properly and on-schedule for the first four years, boosting the resale value and desirability of each BMW in the used vehicle marketplace.”

ALG determines the award winners after carefully studying the competition in each segment, historical performance, and industry trends.  Vehicle quality, production levels relative to demand, and pricing strategies are among the key factors that affect ALG’s residual value forecasts. Winning vehicles in each segment are predicted to retain the highest percentage of their original price after a conventional three-year period. Since 2007, BMW models have won five ALG Residual Value Awards.

The Kelley Blue Book Best Resale Value Awards recognize automakers' outstanding achievements in producing vehicles that best retain their value. In addition to the mainstream and luxury brands with the best projected resale values across their entire vehicle lines, awards are presented to top vehicles within 16 vehicle categories and for the overall top 10 vehicles across all categories. With these two latest honors, BMW has garnered a total of 14 Kelley Blue Book Best Resale Value Awards since the awards were established in 2003.