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Automotive Lease Guide (ALG) Announces Residual Value Awards

Sunday, October 28, 2007 - 23:00
Automotive Lease Guide (ALG) has announced its annual Residual Value Awards, which honor those vehicles in each automotive segment predicted to retail the highest percentage of their original price after a conventional three-year lease term.

This year's awards are based on 2008 model year vehicles. For the fifth 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 Mid-size Car category and the Odyssey in the Minivan category. It was the seventh consecutive win for the Odyssey.

Infiniti USA won the Luxury Brand Residual Value Award for the first time. This marks the first time any company other than BMW or Lexus has won the overall Luxury award. In addition, Infiniti won the Near Luxury segment award for the G35/G37.

Toyota Motor Sales again received the most segment Residual Value Awards and was runner up for the Industry Brand Award. Toyota received three segment awards: the Avalon in the Full-size Cars category; the 4Runner in the SUV category and the Tacoma in the Compact Truck category.

Volkswagen of America finished third in the Industry Brand rankings and received an individual segment award for the Volkswagen EOS in the Sporty Car category.

BMW won two individual awards; for the 5 Series and for the 6 Series. Jeep Wrangler won the Compact SUV segment and the Chevrolet/GMC Sierra/Silverado won for the second year in a row in the Full-Size Truck category.

BRAND AWARD
American Honda Motor Company

SEGMENT AWARDS

Compact Car: Mini Cooper
Midsize Car: Honda Accord
Fullsize Car: Toyota Avalon
Sporty Car: Volkswagen EOS
Near Luxury Car: Infiniti G35/G37
Luxury Car: BMW 5 Series
Luxury Sports Car: BMW 6 Series
Minivan: Honda Odyssey
CUV: Subaru Tribeca
Luxury CUV: Range Rover Sport
Compact SUV: Jeep Wrangler
SUV: Toyota 4Runner
Luxury SUV: Lexus GX470
Compact Truck: Toyota Tacoma Pickup
Fullsize Truck: GMC/Chevrolet Sierra/Silverado

INDUSTRY BRAND RESIDUAL VALUE RANKINGS

1. Honda
2. Toyota
3. Volkswagen
4. Subaru
5. Nissan
6. Mazda
7. Saturn
8. GMC Trucks
9. Jeep

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