Smart fortwo best retained-value winner in Canadian awards
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Updated: July 06, 2009 2:42 PM
The Smart fortwo recently received the Canadian Black Book award for best retained value.
Designed to identify specific models that outperform their competitors, the awards are based on real performance and measure actual value retained after a four-year period.
Kathy Ward, president and CEO of Canadian Black Book, presented Marcus Breitschwerdt, president and CEO of Mercedes-Benz Canada, with the award at Smart Canada’s head office in Toronto.
The awards determine a vehicle’s ability to retain its value from its original manufacturer’s suggested retail price and are based on data gathered from four-year-old passenger cars and light trucks under $70,000.
“Receiving the Canadian Black Book residual-value award provides further validation of the extraordinary and innovative concept of the smart fortwo,” said Breitschwerdt.
“We are grateful to all of the loyal Smart fortwo owners for placing their confidence in our brand and we are very happy to provide strong residual values as an additional benefit of ownership.
“The unique Smart fortwo continues to be an intelligent choice for mobility because it provides class-leading fuel efficiency and versatility in a safe and fun-to-drive package.
“These are the trademark characteristics that have allowed us to expand the smart family to more than 15,000 strong in Canada since the vehicle’s introduction five years ago.”
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