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Discussion Starter #1
Automotive Lease Guide has announced its annual Residual Value Awards, which honor those vehicles in each automotive segment predicted to retain the highest percentage of their original price after a conventional three-year lease term.

The awards are based on 2009 model year vehicles. For the seventh year, ALG has also included awards for the brands that have the highest overall predicted resale values among all industry and all luxury vehicles. Award winners are featured on ALG.com and other automotive publications and websites dedicated to bringing the industry's best-performing models into the public eye.

ALG's 2009 Brand Study
For the sixth consecutive year, Honda has won the Industry Brand Residual Value Award. Honda also received individual segment awards for the Accord in the Midsize Car category, and the Honda Fit in the Compact Car category.

In addition, Acura, Honda’s luxury division, has won the overall Luxury Brand Residual Value Award for the first time. Although Acura does not have any segment winners, all of its vehicles’ residual values are relatively strong, with the new TL and TSX ranking among the highest in their segments.

Industry Brand Residual Value Rankings


1. HONDA
2. SUBARU
3. VOLKSWAGEN
4. TOYOTA
5. NISSAN
6. MAZDA
7. SUZUKI
8. SATURN
9. PONTIAC
Only brands above the industry average were ranked. Below industry average were the following brands (listed in alphabetical order): Buick, Chevrolet, Chrysler, Dodge, Ford, GMC, Hyundai, Jeep, Kia, Mercury and Mitsubishi.

Luxury Brand Residual Value Rankings


1. ACURA
2. LEXUS
3. AUDI
4. INFINITI
5. LAND ROVER
6. BMW
7. PORSCHE
8. MERCEDES BENZ
Only brands above the luxury average were ranked. Below luxury average were the following brands (listed in alphabetical order): Cadillac, Jaguar, Lincoln, Saab and Volvo.

Note: All brands with vehicles in at least three segments were included. As a result of this requirement, MINI and Scion were excluded from the above rankings.

Compact Midsize Utility
Mid-Compact Large Utility
Midsize Near Luxury Utility
Full-size Luxury Utility
Sporty Compact/ Midsize Pick-up
Near Luxury Minivan
Luxury Hybrid
Luxury Sports Full-size Pick-up
Compact Utility (tie) Commercial Specialty


For further information, please contact Fernando Ubeda at (805) 898-8444.
 

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Detail DiRTBAG!
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not anymore they dont. Price on used bmws are dropping like flies. My buddy just picked up a fully loaded 2007 550 with 24k miles on it for like 39 grand. That car retailed for nearly 75 grand brand new
 

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Discussion Starter #5
2011


Acura announced today that the TL performance luxury sedan received the 2011 ALG Residual Value Award for Best Near Luxury Car. The ALG Residual Value Awards recognize the vehicle in each industry segment that is predicted to retain the highest percentage of original purchase price after a conventional 3-year period.

"It is an honor to win our fourth ALG Residual Value Award for the Acura TL," said Jeff Conrad, vice president of Acura sales. "The Acura TL combines the best of advanced technology, luxury, performance and quality at an unbeatable value".

ALG determines the award winners after carefully studying the competition in each segment, historical vehicle performance and industry trends. Key factors that affect ALG's residual value forecasts include vehicle quality, production levels relative to demand, pricing strategies and resale performance.

"The TL offers an unmatched combination of size, technology and sportiness that buyers love," said Raj Sundaram, SVP, ALG. "Acura's value pricing was also a major factor in the TL claiming the top spot in the near luxury category."

Acura
Acura offers a full line of technologically advanced performance luxury vehicles through a network of 270 dealers within the United States. The 2011 Acura lineup features 6 distinctive models including the RL luxury performance sedan, the TL performance luxury sedan, the TSX sports sedan, the turbocharged RDX luxury crossover SUV, the MDX luxury sport utility vehicle and the all-new ZDX 4-door sports coupe.

About ALG
Based in Santa Barbara, California, ALG is a leading provider of data and consulting services to the automotive industry. ALG publishes the "Automotive Lease Guide" – the standard for Residual Value projections in North America, and has been forecasting automotive residual values for over 40 years in both the U.S. and Canadian markets. ALG is a company of DealerTrack Holdings, Inc. (Nasdaq: TRAK).

For media information and high-resolution photos of all Acura vehicles, please visit Acura Media Newsroom - Headlines. For consumer information, please visit Acura.com ? Official Home of Acura Cars and SUVs.

 

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Discussion Starter #6
2011


Japanese brands once again led the way in ALG’s 13th Annual Residual Value Awards, thanks largely to a mixture of strong consumer perception and loyalty, as well as low incentive spending and rental penetration, ALG’s Eric Lyman told Auto Remarketing in a recent interview.

The awards were released today and claiming the top spot on the mainstream side for the 3rd straight year was Subaru.

Meanwhile, the luxury side saw a new winner, as Lexus grabbed top honors for the 1st time in 4 years. The awards also spotlighted winners in 19 individual segments, and Japanese models took almost half of the categories.

Toyota claimed the most with 3 winners (Toyota Tacoma, Toyota Tundra and Lexus CT 200h), while Subaru and Honda each had 2 winners. Nissan and Mazda were each represented in 1 category.

“The Japanese brands have typically done really well when it comes to residual value and a lot of that is driven by a couple of different things,” explained Lyman, ALG’s vice president of residual value solutions.

“1st, we see that the Japanese brands rank very high on our perceived quality score study that we do a couple times of year. And that perception of quality is astoundingly high due to a long history of high actual quality and also a very loyal customer base that drives that high percentage of quality,” he continued. “So we see that perception of quality is very closely tied to retention of value in the used market.

“They keep their incentive spending low and they keep their rental fleet penetration low, as well. And what that comes down to is managing their production and inventory of vehicles very closely with actual consumer demand … so all of that leads to a very high and stable residual value,” Lyman added.

Even through the ups and downs in used-vehicle values over the course of the past few years in the midst of a topsy-turvy industry, Japanese brands have been very stable when it comes to residuals and haven’t shown the same volatility as other automakers.

As Lyman put it, “they haven’t dropped as much and they haven’t rebounded as much” as othe brands and they have maintained a steady value level over the last 5 years.

As for Subaru, its strength in residuals is attributable to a number of factors, including its value-pricing strategy, which marks a change from the “taking the brand up market" approach seen previously, Lyman noted.

He gave the example of the B9 Tribeca at its launch.

“It kind of represented a previous strategy of taking the brand up market, trying to price the vehicle up market. What you notice is that with subsequent vehicles, there’s a much stronger value play going on … on top of that, as they re-launched some of their key vehicles — the Outback, the Legacy, the Forrester — they revised the features of those vehicles and the appearance of those vehicles to be much more mainstream,” Lyman explained.

The restyling has “expanded the reach” of their demand from a niche following to a more mainstream following. And as the all-wheel-drive vehicles have become more commonplace in the market — even on the luxury side — this has also helped Subaru, which of course is “well-known” for its all-wheel-drive offering.

“Virtually everybody has got all-wheel-drive vehicles available now,” he shared, noting that it “isn’t just for the Northeast or Colorado” and this type of vehicle has become more mainstream (i.e., more popular).

ALG’s Raj Sundaram added: “The consistently high quality of Subaru products, and the brand’s ability to remain progressive and practical in their redesigns, continue to draw fiercely loyal customers. With high sales Subaru has dependably low incentives and fleet sales, which have enhanced the brand’s used value and helped it hold on to the top spot among mainstream brands again this year.”

As for Lexus, it had only 1 segment winner (the CT 200h in luxury alt-fuel category) but still won the overall luxury award.

“That is just more representative of the overall holistic approach that Lexus takes with regards to production and being able to keep their incentives down and having a very balanced portfolio across all of their vehicles,” Lyman explained.

Sundaram noted: “Lexus has fully bounced back from its recent challenges, proving that it is one of the strongest brands. The brand is extending its reach with exciting and affordable new models like the CT 200h, while continuing to provide great luxury and value across the lineup. Lexus’ reputation for value and customer service is also key to its dominance among luxury brands.”

Following Lexus on the luxury side was Acura, Infiniti, Mercedes-Benz and Audi, respectively. For mainstream brands, Subaru was followed by Honda, Hyundai, Mazda and Toyota, with Nissan, Kia and Volkswagen rounding out the list.

All of the aforementioned brands finished above the average for their respective category. ALG does not provide information on brands that finish below the average.

Sharing more details about an up-and-comer, Hyundai placed third in the mainstream category, which reflects the “overall improvement of Hyundai as a brand,” Lyman said.

He added: “I think everybody has paid attention and there has been a lot of focus on how Hyundai has overhauled their portfolio and how they’re changing people’s perception of the brand.”

Hyundai has not only revamped its product lineup, he said, it has added more high-value content to vehicles while packaging and pricing them in the best way possible. The automaker has also limited incentives.

Additionally, Hyundai is “responding to what consumers are asking for, while also being somewhat cautious about some of the perceptions of the brand that have plagued the brand in the past,” he added.

Moving along, ALG did not offer specific rankings of the domestics, as they did not meet the average, but Lyman did note that “we have seen an improvement for domestic brands.”

Additionally, the Big 3 were honored in two vehicle categories, as the Jeep Wrangler took the compact utility vehicle segment and the GMC Acadia was tops for full-size utility vehicles. A year ago, there was only 1 domestic winner.

The complete list of winners is as follows:

Mainstream Brand: Subaru of America
Luxury Brand: Lexus

Segment Winners
Subcompact Car: Honda Fit
Compact Car: Hyundai Elantra
Midsize Car: Subaru Legacy
Full-size Car: Nissan Maxima
Sporty Car: Mazdaspeed3
Alternative Powertrain: Volkswagen Golf TDI
MPV: Honda Odyssey
Compact Utility: Jeep Wrangler
Midsize Utility: Subaru Outback
Full-size Utility: GMC Acadia
Midsize Pickup: Toyota Tacoma
Full-size Pickup: Toyota Tundra
Near Luxury Car: Mercedes-Benz C-Class
Luxury Car: Audi A6
Luxury Sports Car: Audi S5
Luxury Alt-Fuel: Lexus CT 200h
Luxury Compact Utility: Land Rover Range Rover Evoque
Luxury Midsize Utility: Land Rover Ranger Rover Sport
Luxury Full-size Utility: Audi Q7

The brand rankings are:

Luxury
Lexus
Acura
Infiniti
Mercedes-Benz
Audi

Mainstream
Subaru
Honda
Hyundai
Mazda
Toyota
Nissan
Kia
Volkswagen​


 

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Discussion Starter #8
2012


Los Angeles Auto Show, November 26, 2013 – ALG, the industry benchmark for vehicle values and a leading provider of automotive insights, today announced the results of its 14th annual Residual Value Awards, with Honda and Acura earning the awards for top Mainstream and Premium brands, respectively. Acura returns to the top ranking among Premium brands after a 2-year gap while Honda ranks highest after a 3-year gap. While Acura and Honda claim the top spots, it was the Toyota family of brands that walked away with the most hardware – 9 total – 6 awards for Toyota, 2 for Lexus and 1 for Scion.

ALG’s Residual Value Awards honor the vehicles in each segment that are forecast to retain the highest percentage of MSRP after a 3-year period. Award recipients were chosen after a careful evaluation of vehicle criteria, including segment competition, historical vehicle performance and industry trends. This year’s awards are based on 2013 model year vehicles. “Residual value is a complete indicator of vehicle value, taking into account quality, durability and brand desirability,” said Larry Dominique, President of ALG. “The Residual Value Awards measure the most important brand performance metric – the statement consumers make with their wallets when they purchase a vehicle.”

In 2 of the most hotly contested segments, Midsize and Compact Car, the Honda Accord and Hyundai Elantra ranked highest respectively. In the Midsize Car segment, the Subaru Legacy was 2nd and the redesigned Nissan Altima third. In the Compact Car segment, the Scion TC and Mazda3 rounded out the top 3. Among Mainstream brands, Hyundai ranked 2nd overall behind Honda. Scion, part of the Residual Value Award rankings for the 1st time, ranked 3rd. Infiniti and Audi ranked 2nd and 3rd respectively among Premium brands. Lexus, last year’s highest ranked brand, is now 4th.

“Hyundai’s ascent as a brand is nothing short of impressive,”
said Dominique. “Since 2007, when the brand ranked in the bottom quartile for Residual Value, Hyundai has delivered well-executed product, and has kept incentives and fleet – 2 elements that can quickly damage residual value – in check. And, as demonstrated by the redesigned Santa Fe Sport, they continue to deliver.”

Among Premium brands, Lexus took home segment awards for the redesigned GS and LS models (Premium Fullsize Car, Premium Executive Car respectively) while MINI received awards for the Cooper (Premium Compact Car) and Cooper Countryman (Sub Compact Utility Vehicle). In the Alternative Fuel segments, the Toyota Prius c and Mercedes-Benz ML350 BlueTEC received awards.

Based in Santa Barbara, California, ALG is a leading provider of insights and consulting services to the automotive industry. ALG publishes the Residual Value Guidebook – the benchmark for residual value projections in North America, and has been forecasting automotive residual values for nearly 50 years in both the U.S. and Canadian markets. For more information, visit www.alg.com.

 

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Discussion Starter #10
Canda


ALG revealed its 5th annual Canadian Residual Value Awards this week at the Canadian International Auto Show, with the Toyota family of brands topping the list and taking home 5 awards. Other traditionally strong performers, such as Subaru and Honda both made the cut, as well, with a few surprises mixed in.

ALG shared that Honda and Acura earned the honors for top Mainstream and Premium brands, respectively, for the awards that recognize the vehicles predicted to retain the highest percentage of MSRP after a 3-year period for luxury brands and a 4-year period for mainstream brands.

“For all consumers, residual value represents a complete indicator of vehicle value, taking into account quality, durability and brand desirability,” said Larry Dominique, president of ALG. “The Canadian Residual Value Awards recognize those brands and products that are using the best business practices to protect the value of their vehicles.”

The company explained that Honda has returned to the top ranking after a 4-year “hiatus.” In other good news for the OEM, Acura managed to rank highest for the 1st time above Infiniti, according to ALG. Infiniti was the previous recipient of the Premium Brand award for the past 4 years.

Moving along, among Mainstream brands, Subaru ranked 2nd overall behind Honda, with Mazda rounding out the top 3. Infiniti and Lexus ranked 2nd and 3rd, respectively, among the Premium brands.

For the segment awards, Toyota reigned supreme, notching 5 honors, including the full-size pickup with the Tundra and the full-size car segment with the Avalon.

Also tops on the list was Subaru, with 3 segment awards — the midsize utility, sports car and compact car segments, 1 of the largest volume segments in Canada.

"Our approach is designed to give the Subaru driver an unsurpassed level of confidence behind the wheel," said Shiro Ohta, president and chief executive officer of Subaru Canada. "This dedication has helped us consistently rank as 1 of the industry's top manufacturers. Having the highest predicted resale value in 3 segments will help more and more Canadians put Subaru on their shopping lists."

Geoff Helby, Canada regional director for ALG, also expressed his enthusiasm for the OEMs new offerings, noting, "Subaru's steady approach of delivering dependable product with minimal incentives and fleet make them a consistent Residual Value contender. This approach is a winning formula for Subaru and for Canadian consumers."

And 1 domestic car, in particular, is a newcomer to the list. The Cadillac ATS, which won the honors for Premium midsize is the 1st domestic passenger car to recieve a Canadian Residual Value Award.

The only other vehicle from the Detroit 3 to make the lists in the past was the Ford F-150.

“The ATS is an indicator that the Cadillac brand is headed in the right direction,” said Helby. "With a well executed product and competitive pricing, the Cadillac ATS sets the bar for the brand.”

“The ATS is going to catch the public by surprise," he added.

When asked what makes the ATS such a find, Helby explained, “1st and foremost, Cadillac has created a true sports sedan. It is a rear wheel drive vehicle (offered in all wheel drive, as well) that has 2 very potent powertrains … and it is mated to an exceptional chasse with great handling.

"What I would like to see is people putting away their brand snobbery and just drive the vehicle,"
he said.

Other highlights from the awards include “2 hotly contested segments;” the redesigned Honda Accord received the award in the midsize car segment, while the Subaru Impreza received the award in the compact car segment.

Among alternative fuel vehicles, the Volkswagen Golf TDI and Audi A3 TDI were repeat winners in the Mainstream and Premium categories, respectively, ALG shared.

Award recipients are chosen after a careful evaluation of vehicle criteria, including segment competition, historical vehicle performance and industry trends, the company shared.

This year’s awards are based on 2013 model year vehicles. Awards are given in 22 vehicle segment categories and 2 brand categories (Mainstream and Premium).

Here are the full RVA awards from ALG for 2013:


 
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