Thursday, March 24, 2016
Ford F-150, Edge, Transit Connect Honored with TrueCar Awards Recognizing Highest Retained Value
DEARBORN, Mich., March 22, 2016 – The 2014 Ford F-150, Edge and Transit Connect will retain the highest percentage of their value as they enter the market for resale in 2016, according to TrueCar, which has recognized the three vehicles with its inaugural Pre-Owned Value Awards, making Ford the leader in truck segments.
The new awards, powered by ALG, TrueCar’s analytics division, evaluate pre-owned model-year 2014 vehicles available for resale in 2016 that are expected to retain the highest percentage of their value during the next three years.
The 2014 F-150 won the full-size pickup category in the 2016 Pre-Owned Value Awards. The 2016 F-150 – the toughest, smartest, most capable F-150 ever – has helped make Ford F-Series the best-selling truck in America for 39 years running, and America’s top-selling vehicle for 34 consecutive years. Ford has the most F-Series trucks on the road with more than 250,000 miles compared with any other competitor.1
The 2014 Edge won among midsize utility vehicles with second-row seating. With an available 2.7-liter EcoBoost® V6 engine, available enhanced active park assist and an available front 180-degree camera, the 2016 Edge is a showcase of Ford innovation that helps drivers be unstoppable.
The 2014 Transit Connect won the midsize commercial vehicle category. Strong demand for the current Transit Connect – along with Transit and E-Series – made Ford the best-selling brand of commercial vans in all 50 states and Washington, D.C. in 2015, based on the company’s analysis of IHS Automotive total vehicle registration data and Ford custom segmentation for commercial vans.
TrueCar Pre-Owned Value Award winners are determined through careful analysis of used vehicle performance, brand outlook and product competitiveness. Eligibility for a brand award requires a manufacturer to have vehicle entries in at least four different segments. To account for differences across trim levels, model averages are weighted based on percentage share relative to the entire model line.
1 Based on vehicle registration data and latest odometer readings available to Polk for 1992 and newer model year full-size pickups still on the road in the U.S. as of 4/1/15.