The Jeep Wrangler set a new Canadian Black Book record when the auto resale value company recently revealed that the ever-green SUV retained a staggering 79 per cent of its value after four years, not only winning CBB’s ‘Best Retained Value’ award amongst compact SUVs, but also marking the lowest depreciation ever in the history of CBB’s awards.

Toyota once again had the highest proportion of CBB winners, taking six of the 20 awards, its ninth consecutive year with the most CBB award winners.

From a category perspective, mid-size SUVs retained the most value, at an average of 71 per cent, according to CBB, with the Toyota FJ Cruiser, 4Runner and Highlander placing first, second and third, respectively. U.S. dealers facing tight supplies at home as well as the low Canadian dollar have started buying in greater numbers at Canadian dealer auctions, pushing prices higher for trucks and SUVs in particular, CBB found.