The annual list of the 100 Best Global Brands featured several staples of the auto industry. Released by Interbrand, a consultancy firm, the list highlights the biggest names in all major sectors, but the 2013 version saw 14 vehicle manufacturers land one of the coveted spots.
Leading the way was Toyota. The Japanese brand was the highest-ranking automaker, nabbing the 10th overall spot. That is the same ranking it held last year, despite increasing its brand value by 17 percent since then. Toyota was also rated as the top auto brand on the list of Best Global Green Brands, underscoring its commitment to alternative-fuel vehicles.
In fact, many companies within the auto industry posted impressive gains. Porsche had the most significant increase – about 26 percent – but manufacturers such as Volkswagen, Ford and Hyundai also had a large growth in value. Other automakers to crack the list include Mercedes-Benz, BMW and Honda, which landed at 11th, 12th and 20th place, respectively.
The brands that performed well on the 2013 list did so because of solid sales and impressive advancements – both things that are reflected in the pool of used cars for sale. As automakers introduce state-of-the-art models, higher-quality used cars go up for sale as owners upgrade, allowing drivers on a budget to cash in on these great options.
If you're ready to take the leap with a vehicle from Toyota, Mercedes-Benz or any other automaker, consider checking out the options at New Jersey State Auto Auction. The lot boasts hundreds of CARFAX-certified cars, trucks and vans that provide affordable and high-quality options for drivers who want to invest in used cars.