Central Bank of Bahrain Presents Annual Residual Value Awards for 2022 | Car News

One of the most awaited moments of the year for manufacturers has arrived, in the form of the Canadian Black Book (CBB) winners list for the vehicles residual value on the market.

In the past, we used to have an award for best value held for a car at the end of a four-year period. This new Residual Value Prize is the first. In short, the retained value is the value that the vehicles have retained over time, while the new residual value award is for the expected value in the future.

Here are the models and brands that have been awarded.

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the cars

There are fewer cars than there used to be on the market, but the remaining classes offer some interesting models. Among those that retain their value over time, we find a common denominator: cars bearing the Toyota and Lexus names.

Therefore, the Toyota Camry, Lexus IS, and Lexus 500 LS have been recognized by the CBB as the best bets in terms of residual value. They have successively established themselves in the general car classes as well as the luxury classes.

Toyota Tacoma

pickup trucks

The pickup truck segment has relatively few players, but many of them are among the best-selling models on the market. The CBB has identified two types of pickup trucks: mid-size and full-size. In the first group, the Toyota Tacoma beat its rivals, while the Ram 2500 did the same among its competitors.

Trolleys

The CBB has not ignored the world of commercial trucks, recognizing the Ford Transit and Chevrolet Express as models that offer the best residual value in the compact and full-size segments.

Chevrolet Corvette

sports cars

Besides pickups, sports cars are among the model types that hold the best residual value in the market. In the two categories analyzed by the CBB, mainstream and luxury, two sports cars were recognized: Toyota GR Supra and Chevrolet Corvette, respectively.

SUV cars

In this explosive popular sector, three awards were presented. The first, in the small and compact classes, saw the GMC Terrain come out on top, much to the surprise of many. In the mid-size and full-size categories, the Ford Bronco was the top model, and the Cadillac Escalade was the top luxury model.

Hyundai Ioniq 5

Electric cars and SUVs under $45,000

For cars and SUVs under $45,000, which happens to be the cap to qualify for federal and many regional EV discounts, the leaders were the Kia Soul EV (which [!]) as well as the Hyundai Ioniq 5.

Electric cars and SUVs over $45,000

Below are other forms that are not eligible for the government discount. Among the cars, the winner is the Polestar 2, while among the SUVs, the Volvo XC40 stood out for its value better than any competition car.

Overall, there are some pretty familiar players on this list, but there are also some nice surprises. It’s also proof that things are constantly evolving.

Incidentally, the CBB also gave awards to the best performing brands.

When it comes to cars, we can’t say we were surprised to see Toyota doing so well. The same goes for Lexus on the luxury side. In the SUV and pickup segment, the Cadillac Escalade dominates.

Finally, in the category of electrified products, Kia proposes models that lose the least value. As for the most advanced brand, it’s Cadillac, according to the Central Bank of Bahrain.

Volvo XC40

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