Canadian Black Book announced its winners for the Best Retained Value awards, and for the fourth year in a row, the Subaru Outback was honored as the best in the mid-size segment. The recognition is given to vehicles that boast the highest percentage of their original suggested retail price after four years of use.
"We're thrilled that the Subaru Outback was named a Canadian Black Book Best Retained Value award winner for 2013," said Shiro Ohta, president of Subaru Canada. "Depreciation is the single greatest cost of vehicle ownership. Winning this award four years in a row will help more and more [people] consider an Outback when it comes time for their next vehicle."
Other winners included Toyota, Lexus and Honda, with Toyota earning the most first place finishes across all car segments, Auto Remarketing reports. Owners who take advantage of these dependable cars can look forward to less vehicle maintenance and depreciation during their period of ownership. They also may be able to get more value if they decide to trade-in their automobiles for newer models or sell a pre-owned car.