With the release of Kelley Blue Book’s latest round of Best Resale Value Award winners, The Blue Oval has quite a few individual models that were recognized, including the Ford F-150 Lightning EV pickup, the Ford Maverick compact pickup, and the Ford Bronco SUV. Now, those vehicles are joined by yet another FoMoCo model – the Ford Mustang Mach-E – which also made the cut thanks to its stellar projected value retention.
The Ford Mustang Mach-E earned this latest honor courtesy of its estimated five-year resale value of 41.4 percent, which does rank it outside of the overall top ten. However, that score was good enough to land the Ford Mustang Mach-E atop the highly competitive and fast-growing Electric SUV segment, where it beat out all of its rivals in terms of projected future resale value.
Kelley Blue Book’s Best Resale Value Awards are based on projections from the organization’s Official Residual Value Guide. KBB’s residual values are established by automotive analysts that review the output from statistical models built upon millions of transactions. Vehicles that earn the highest five-year residual values, expressed as a percentage of their original Manufacturer’s Suggested Retail Price (MSRP), are selected for these awards.
As KBB points out, depreciation is typically the largest expensive facing new vehicle owners in the first five years of ownership. The average 2023 model-year vehicle will only retain about 45 percent of its original value following that time period, meaning that a $45,000 new vehicle today will be worth around $20,250 after five years. By comparison, all vehicles in Kelley Blue Book’s Top 10 for Best Resale Value in 2023 awards are projected to retain around 60 percent or more of their MSRP after the initial five-year ownership period.