CBB flags value shifts in 2026 residual awards

Canadian Black Book (CBB) has released its 2026 Best Residual Value Awards, projecting which vehicles will retain the highest percentage of their original MSRP after four years, with values forecast for 2030.

Announced Feb. 12 at media day at the Canadian International AutoShow in Toronto, the awards recognize 15 vehicles and five brands across 20 categories. CBB said its proprietary forecasting models analyze historical depreciation trends, supply-and-demand dynamics, brand strength and broader market conditions.

SUVs, trucks and electrified vehicles remain central to long-term value performance, reflecting continued shifts in consumer demand. Toyota captured Overall Brand Award: Car for the fifth consecutive year and Overall Brand Award: SUV/Truck for the fourth straight year. Porsche maintained its standing in the luxury space, while Volkswagen was named Most Improved Brand.

Toyota led all manufacturers with seven category wins. Porsche earned four. The Volvo V60 repeated as top luxury car, while Kia Sorento PHEV and Lexus NX 450h+ continued to lead in mainstream and luxury plug-in hybrid segments.

“Today’s brand strength continues to be tested as consumers seek out the highest value models in each segment. With loyalty consistently falling away, they look for the best mix of affordability and lowest cost of ownership,” said Daniel Ross, Senior Manager, Industry Insights and Residual Value Strategy at Canadian Black Book, in a statement.

2025 Canadian Black Book Best Residual Value Award Results:  

1st 2nd 3rd
Overall Brand Award: Car Toyota
Overall Brand Award: SUV/Truck Toyota
Overall Brand Award: Luxury Porsche
Overall Brand Award: ZEV GMC
Overall Brand Award: Most Improved Genesis
Car: Main Toyota Corolla Toyota Camry Honda Civic
Car: Luxury Volvo V60 Cadillac CT5 Alfa Romeo Giulia
Small Pickup Ford Maverick Honda Ridgeline Hyundai Santa Cruz
Full-Size Pickup Toyota Tundra Ram 1500 Chevrolet Silverado 2500
PHEV Main Kia Sorento Jeep Wangler 4xe Jeep Grand Cherokee 4xe
PHEV Luxury Lexus NX-Series Land Rover Range Rover Lexus RX-Series
Sport Car: Main Toyota GR Supra Subaru BRZ Ford Mustang
Sport Car: Luxury Porsche 718 Boxter Porsche 911 Porsche 718 Cayman
SUV: Main Compact/Sub-Compact Toyota RAV4 Subaru Crosstrek Mazda CX-5
SUV: Main Mid/Full Toyota Land Cruiser Toyota Crown Signia Toyota Sequoia
SUV: Luxury Compact/Sub-Compact Porsche Macan Lexus UX Lexus NX
SUV: Luxury Mid/Full Mercedes-Benz G-Class Land Rover Range Rover Land Rover Discovery
EV Car Below $55,000 Nissan Leaf Polestar 2 Hyundai Ioniq 6
EV Car Above $55,000 Porsche Taycan BMW i5 BMW i4
EV SUV/Truck Below $60,000 Kia EV9 Kia Niro Audi Q4 e-tron
EV SUV/Truck Above $60,000 GMC Hummer EV SUV/SUT Porsche Macan EV Cadillac Escalade IQ
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