Automotive Lease Guide (ALG) has announced its 10
th 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 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. The awards are derived after carefully studying segment competition, historical vehicle performance and industry trends. The list of winners can be found on
www.alg.com.
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.
Toyota Motor Sales, USA again received the most segment Residual Value Awards. The Toyota brand received four awards, for the Sequoia (Large Utility Vehicle); the Tacoma (Compact/Midsize Pickup); the Sienna (Minivan); and the Prius (Hybrid/Alternative Powertrain – in the first year for that category). In addition, Toyota’s Lexus LS460 received the Luxury Car award, while the Scion XB won in the Mid-Compact Car category.
Nissan received three segment awards, for the Maxima (Fullsize Car); the GT-R (Luxury Sports Car); and the Murano (Midsize Utility Vehicle). BMW won two awards, for the Mini Cooper (Sporty Car) and the BMW 1 Series (Near Luxury Car). Land Rover also received two segment awards, for the Range Rover Sport (Luxury Utility Vehicle) and the LR2 (Near Luxury Utility Vehicle).
Among domestic manufacturers, the Jeep Wrangler won the segment award for Compact Utility Vehicles for the third consecutive year, although it is sharing the award this year with the Subaru Forester, a first time winner. The Ford F-150 received the award for Fullsize Light Duty Pickups, while the Dodge Sprinter won in the Commercial – Specialty segment, a new category this year.
“In these unprecedented times – between volatile gas prices and the turmoil in the credit and financial markets – consistently achieving strong Residual Values has become a monumental challenge for auto manufacturers,” said John Blair, Chief Executive Officer of Automotive Lease Guide. “While a number of companies again performed well, Honda clearly set itself apart this year by winning both the overall Industry and the Luxury Brand Awards, as its Acura division jumped to the top spot from fourth place a year ago. The Honda and Acura brands both benefit from an extremely disciplined approach to vehicle production, combined with consistent high quality and effective pricing strategies. Residual Value remains the best metric for evaluating the overall strength of an automotive brand, and we congratulate all of this year’s winners for their successful products and marketing strategies.”
Summary of 2009 Residual Value Award Winners
Brand Award | Brand |
| Industry Brand Residual Value Award | American Honda Motor Company, Inc. |
| Luxury Brand Residual Value Award | Acura, a division of American Honda Motor Company, Inc. |
Segment Award | Vehicle |
| Compact Car | Honda Fit |
| Mid-Compact Car | Scion XB |
| Midsize Car | Honda Accord |
| Fullsize Car | Nissan Maxima |
| Sporty Car | Mini Cooper |
| Near Luxury Car | BMW 1 Series |
| Luxury Car | Lexus LS460 |
| Luxury Sports Car | Nissan GT-R |
| Compact Utility Vehicle | (TIE) Jeep Wrangler/Subaru Forester |
| Midsize Utility Vehicle | Nissan Murano |
| Large Utility Vehicle | Toyota Sequoia |
| Near Luxury Utility Vehicle | Land Rover LR2 |
| Luxury Utility Vehicle | Land Rover Range Rover Sport |
| Compact/Midsize Pickup | Toyota Tacoma |
| Minivan | Toyota Sienna |
| Hybrid/Alternative Powertrain | Toyota Prius |
| Fullsize Pickup Light Duty | Ford F-150 |
| Commercial - Specialty | Dodge Sprinter |
Industry Brand Residual Value Rankings
Rank Brand 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
Rank Brand 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. Also, check out some of the best shot from the LA auto Show gallery below...
LA Auto Show Photo Gallery
This year's gallery is sponsored by Lexus
There is auto show coverage and then there is AutoSpies.com coverage!