Why Used Toyotas And Hondas Are So Expensive

Toyota and Honda have been called boring brands – sometimes even by company insiders. But a combination of reliability, disciplined production and pricing help them hold their value better than just about any other brand. The same is true of their luxury divisions Lexus and Acura. CNBC digs into how they got here and explores what could knock them off the podium. Chapters: 01:18 Introduction - Why Toyota and Honda have the highest resale values 01:27 Chapter 1 - Standout brands 02:55 Chapter 2 - Selling without incentives 07:50 Chapter 3 - Production discipline 10:59 Chapter 4 - Risks Producer: Robert Ferris Editor: Andrea Miller Animation: Mallory Brangan Senior Managing Producer: Tala Hadavi Additional footage: Getty Images, Toyota, Honda, Acura, Lexus » Subscribe to CNBC: https://cnb.cx/SubscribeCNBC » Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision About CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more. Want to earn more money at work? Take CNBC’s new online course How to Negotiate a Higher Salary. Expert instructors will teach you the skills you need to get a bigger paycheck, including how to prepare and build your confidence, what to do and say, and how to craft a counteroffer. Register now and use coupon code EARLYBIRD for an introductory discount of 50% off through Nov. 26, 2024: https://cnb.cx/4f4s3rZ Connect with CNBC News Online Get the latest news: https://www.cnbc.com/ Follow CNBC on LinkedIn: https://cnb.cx/LinkedInCNBC Follow CNBC News on Instagram: https://cnb.cx/InstagramCNBC Follow CNBC News on Facebook: https://cnb.cx/LikeCNBC Follow CNBC on Threads: https://cnb.cx/threads Follow CNBC News on X: https://cnb.cx/FollowCNBC Follow CNBC on WhatsApp: https://cnb.cx/WhatsAppCNBC #CNBC Why Used Toyotas And Hondas Are So Expensive