Automotive Lease Guide (ALG) has announced its 10th annual Residual Value Awards, honoring the vehicles in each segment that are 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 sixth consecutive year, American Honda Motor Company, Inc. 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.
Luxury Brand Residual Value Rankings:
5 LAND ROVER
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.
Full details: https://www.alg.com/Newsroom?pid=92
Monday, November 24, 2008
Acura Wins Luxury Brand Residual Value Award
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