X5 Garners KBB Best Resale Value Award

[LeMansX5]

2009 BMW X5 GARNERS KELLEY BLUE BOOK'S KBB.COM AWARD FOR BEST RESALE VALUE IN LUXURY CROSSOVER SEGMENT

Woodcliff Lake, NJ - November 19, 2008... The 2009 BMW X5 Sport Activity Vehicle has been recognized as the leader in the luxury crossover category of Kelley Blue Book's kbb.com 2009 Best Resale Value Awards. With this latest honor, BMW has garnered a total of 12 awards since the program was established in 2003.
"We are very pleased to receive this honor for the BMW X5," said Robert Frisch, Vice President, Western Region, BMW of North America, LLC. "Certainly, this award underscores BMW's commitment to product excellence, which extends beyond superior performance, luxury and safety to deliver outstanding value for our customers."

Kelley Blue Book, a leading provider of new- and used-vehicle information, derives its resale value projections from current vehicle data, sales data, market conditions for each vehicle, competition within vehicle segments, expectations of the future economy and the combined experience of Kelley Blue Book's team of market and pricing analysts. Values reflect projected wholesale pricing for clean, reconditioned vehicles at the end of a five-year lease or ownership period.

"Of all the crossover vehicles in what has become a booming category, the BMW X5 is, by a large margin, the most exhilarating to drive," said Jack R. Nerad, executive editorial director and executive market analyst for Kelley Blue Book and kbb.com. "When others said it was impossible to keep BMW's character in a versatile vehicle like a crossover, BMW engineers proved them wrong by delivering a vehicle that is as rewarding to drive as a top-ranked sports sedan."

BMW Group In America
BMW of North America, LLC has been present in the United States since 1975. Rolls-Royce Motor Cars NA, LLC began distributing vehicles in 2003. The BMW Group in the United States has grown to include marketing, sales, and financial service organizations for the BMW brand of motor vehicles, including motorcycles, the MINI brand, and the Rolls-Royce brand of Motor Cars; DesignworksUSA, an industrial design firm in California; a technology office in Silicon Valley and various other operations throughout the country. BMW Manufacturing Co., LLC in South Carolina is part of BMW Group's global manufacturing network and is the exclusive manufacturing plant for all Z4 models and X5 Sports Activity Vehicles and the upcoming X6 Sport Activity Coupe. The BMW Group sales organization is represented in the U.S. through networks of 338 BMW passenger car centers, 335 BMW Sports Activity Vehicle centers, 142 BMW motorcycle retailers, 83 MINI passenger car dealers, and 30 Rolls-Royce Motor Car dealers. BMW (US) Holding Corp., the BMW Group's sales headquarters for North, Central and South America, is located in Woodcliff Lake, New Jersey.

[rh71]

people looking to re-sell '09s already?

Does this bring '07-'08s values up too?

[pureflames]

I like in the BMW post-amble how they refer to the 'upcoming' X6....

[BGM]

I wonder if this is engine specific--3.0, 4.8 or both ?

[rh71]

From BMWMagazine (they refer to BMWUSA.com but I can't find it there)...

2008 X3 and X5 win top awards for satisfaction, value

The 2008 X5 provides owners with outstanding economic and emotional rewards. That was the finding of AutoPacific and IntelliChoice, as they announced the X5 the winner of their 2008 Motorist Choice Award in the Premium Luxury Crossover SUV category. This award recognizes vehicles that deliver both the highest satisfaction and lowest cost of ownership. The 2008 X3 was honored with AutoPacific's 2008 Vehicle Satisfaction Award in the Luxury Crossover SUV segment.