2011 Ford Mustang earns KBB Best Resale Value Award
Three Ford vehicles have earned Kelley Blue Book’s kbb.com 2011 Best Resale Value Awards, which recognize cars and trucks expected to maintain the greatest proportion of their original list price after five years of ownership.The 2011 Ford Mustang GT earned the Best Resale Value Awards in the high-performance car category.
The awards are designed to help people make more informed car-buying decisions, said James Bell, executive market analyst for Kelley Blue Book’s kbb.com.
“Consumers should take a good look at the projected resale value of a car when choosing their next new vehicle purchase,” he said. “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. The 2011 Mustang GT delivers amazing overall value,” said Bell.
“Ford has done a great job of recapturing the public’s interest and ‘romance’ for the Mustang since the arrival of the Camaro and Challenger,” he said. “The 412 horsepower from the new 5.0, a price near $30,000, and with styling evocative of the original Mustang contribute to its high residual value. Equally strong and impactful to residual value is the new V6 option with 305 horsepower that offers 31 mpg on the highway at a price around $23,000. Both of these vehicles represent many potential buyers’ vision of the classic pony car – great power and great looks at a great price.”
Resale value is important to sports car customers who tend to make Mustang part of their family, said Mustang Consumer Marketing Manager Jim Owens.
“Customers understand that Mustang has an enduring presence,” he said. “The new 5.0 GT and the 3.7-liter V6 enhance the pony car’s 45-year heritage by offering high performance as well as outstanding fuel economy.”
For more information about the 2011 Kelley Blue Book Best Resale Value Awards, please visit http://www.kbb.com/car-news/all-the-latest/2011-best-resale-value-awards.
[Source: Ford]
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