Toyota wins Kelly Blue Book's Best Resale Value Brand Award twice in a row!! Click here to read the full article.

Toyota has earned Kelley Blue Book’s KBB.com Best Resale Value Brand Award for the 2013 model year.  This is the second year in a row that Toyota has received the Best Resale Value Brand Award from KBB.com, and it has received this top honor in three of the last four years.

In achieving the award for the top brand, Toyota earned six Best Resale Value Awards for specific 2013 model year vehicle categories   In addition, four Toyota models (FJ Cruiser, Land Cruiser, Tacoma and 4Runner) earned spots on KBB.com’s 2013 Best Resale Value: Top 10 Cars list.

 “We are thrilled that KBB.com has selected Toyota for its Best Resale Value Brand award, and we appreciate Kelley Blue Book’s efforts to help increase consumer awareness as to the importance of resale value when purchasing a car“, said Bill Fay, Group Vice President and General Manager of Toyota division.

2013 KELLY BLUE BOOK BEST RESALE VALUE BY VEHICLE CATEGORY:

FULL-SIZE CAR:	Toyota Avalon
MID-SIZE SUV/CROSSOVER:  FULL-SIZE SUV/CROSSOVER:	Toyota FJ Cruiser Toyota Sequoia
MID-SIZE PICKUP TRUCK: FULL-SIZE PICKUP TRUCK:	Toyota Tacoma Toyota Tundra
MINIVAN/VAN:	Toyota Sienna

 
Since vehicle depreciation (or loss of value) is typically a car buyer’s primary expense during ownership, these awards, like all of KBB.com’s new and used vehicle information, are designed to help consumers make more informed car-buying decisions.
 
Kelley Blue Book’s Best Resale Value Awards are based on projections from the Kelley Blue Book^® Official Residual Value Guide, determined by a skilled staff of automotive analysts.  These prestigious awards honor vehicles expected to maintain the greatest proportion of their original Manufacturer’s Suggested Retail Price (MSRP) after five years of ownership.  Low-volume vehicles and vehicles with a MSRP of more than $60,000 are excluded from award consideration, except in the luxury and high-performance categories.

Courtesy of Toyota Newsroom

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Click here to read this important article on how Toyota is helping those affected by Hurricane Sandy.

Toyota today announced a $1 million contribution to the American Red Cross and other nonprofit organizations to support relief efforts for victims of Hurricane Sandy in the regions worst-hit by the storm. In addition, Toyota will match employee contributions to the American Red Cross and other non-profits doing relief and recovery work in affected communities.

Commenting on the donation, Shigeki Terashi, president and chief operating officer of Toyota Motor North America, Inc., said, “On behalf of Toyota, we express our sincere condolences to the families affected by Hurricane Sandy. Since we have operations and many dealerships in the affected regions, we felt a special responsibility to lend a hand. In addition to this contribution, many Toyota employees are already involved in volunteer activities to support those in need. We very much appreciate their support.”

Beginning Nov. 1, Toyota Financial Services (TFS) and Lexus Financial Services (LFS) will launch a “Customer Outreach” calling campaign to lease and retail customers who are delinquent, or become delinquent, due to circumstances related to the storm and who reside in the 13 states directly impacted by the hurricane (CT, DC, DE, MA, MD, ME, NH, NJ, NY, PA, RI, VA, VT and WV) and in the District of Columbia. This campaign will determine if these customers may be eligible to take advantage of payment relief options, some of which include:

• extensions and lease deferred payments;
• redirecting billing statements;
• and arranging phone or on-line payments.

Toyota Financial customers with questions about their account should call (800) 874-8822. Lexus Financial customers with questions about their account should call (800) 874-7050. Qualified residents residing in FEMA-designated areas (of the above-mentioned states and the District) needing to purchase a vehicle may also take advantage of a 90 Day Deferred First Payment Program designed to assist customers with their transportation needs as they work through the recovery process. This program is for a limited time and only available through participating Toyota and Lexus dealers and TFS/LFS.

Toyota Operations
Toyota continues to assess the damage caused by Hurricane Sandy to its operations on the East Coast and reports no known injuries to associates, family members and dealer employees. The storm had the biggest impact on company operations and dealerships in the New Jersey area. Some regional/branch offices, as well as Toyota, Lexus and Scion dealerships, were affected by flooding and power outages. Toyota Logistics Services operations at the Port of Newark (N.J.) sustained water damage to its buildings and a number of vehicles.

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