ALG’s annual Residual Value Awards honor those vehicles in each automotive segment predicted to retain the highest percentage of their original price. This year’s awards are based on 2006 model year vehicles. For the fourth year, ALG has also included awards for the brand with the highest predicted resale value of all industry and luxury vehicles. The awards are derived after careful study of segment competition, historical vehicle performance and industry trends. Award winners are featured on ALG.com, The Wall Street Journal, Automotive News, and other automotive websites dedicated to bringing the industry’s best performing models into the public eye.
For the third consecutive year, American Honda Motor Company, Inc. heads the list with the Honda Brand winning the Industry Brand Residual Value Award. Honda also received two individual segment awards: the Odyssey for the Minivan Segment and the Accord for the Midsize Car Segment. This is the fifth consecutive win for the Honda Odyssey and the second win for the Accord. Acura, a division of American Honda Motor Company, Inc., is the winner of the Near Luxury Car Segment for the TL.
BMW of North America, LLC has once again made a strong showing by winning the Luxury Brand Residual Value Award for the third consecutive year. MINI USA, a division of BMW of North America, has won the Compact Car Segment for the MINI Cooper for the fourth time.
Toyota Motor Sales, USA, Inc. took home the most Residual Value Awards this year by winning six individual segment awards: the Avalon for the Fullsize Car Segment, Tacoma Pick-up for the Compact Truck Segment, Tundra for the Fullsize Truck Segment, RAV4 for the Compact SUV Segment, 4Runner for the Midsize SUV Segment, and the Sequoia for the Fullsize SUV Segment. This is the fifth consecutive win for the Toyota Tacoma, Tundra and Sequoia; and the third consecutive win for the 4Runner.
Mercedes-Benz USA LLC is the winner of this year’s Luxury Car Segment award for the CLS Class. The Sports Car Segment award this year goes to Porsche Cars North America, Inc. for the 911 Carrera. And last but not least, the CUV (Crossover Utility Vehicle) award goes to Land Rover North America, Inc. for the Range Rover Sport. “In an era of negative pricing and overcapacity, Residual Value excellence is increasingly difficult to achieve,” said Raj Sundaram, Automotive Lease Guide’s President. “Both the segment and brand winners clearly demonstrate that quality products combined with effective pricing strategies will rise to the top.” Sundaram adds that “while the top rankings did not change, several brands have shown significant improvement over last year highlighting the importance manufacturers are placing on residual value as a long term objective.”
| Summary of 2006 Residual Value Award Winners |
| BRAND AWARDS | BRAND |
| Industry Brand Residual Value Award | American Honda Motor Company, Inc. |
| Luxury Brand Residual Value Award | BMW of North America, LLC |
| SEGMENT AWARDS | VEHICLES |
| Compact Car | MINI Cooper |
| Midsize Car | Honda Accord |
| Fullsize Car | Toyota Avalon |
| Sports Car | Porsche 911 Carrera |
| Near Luxury Car | Acura TL |
| Luxury Car | Mercedes-Benz CLS Class |
| Minivan | Honda Odyssey |
| CUV (Crossover Utility Vehicle) | Land Rover Range Rover Sport |
| Compact SUV | Toyota RAV4 |
| Midsize SUV | Toyota 4Runner |
| Fullsize SUV | Toyota Sequoia |
| Compact Truck | Toyota Tacoma Pick-Up |
| Fullsize Truck | Toyota Tundra |
| Industry Brand Residual Value Rankings |
| Rank | Brand |
| 1 | Honda |
| 2 | Toyota |
| 3 | Volkswagen |
| 4 | Subaru |
| 5 | Nissan |
| 6 | Jeep |
| 7 | Mazda |
| 8 | Saturn |
| 9 | GMC |
Only brands above the industry average were ranked. Below industry average were the following brands (listed in alphabetical order): Buick, Chevrolet, Chrysler, Dodge, Ford, Hyundai, Kia, Mercury, Mitsubishi, Pontiac, and Suzuki. |
| Luxury Brand Residual Value Rankings |
| Rank | Brand |
| 1 | BMW |
| 2 | Lexus |
| 3 | Land Rover |
| 4 | Mercedes-Benz |
| 5 | Acura |
| 6 | Infiniti |
Only brands above the luxury average were ranked. Below luxury average were the following brands (listed in alphabetical order): Audi, Cadillac, Jaguar, Lincoln, Saab and Volvo.
Note: All brands with vehicles in at least three segments and minimum annual volume of 40,000 units were included. As a result of this requirement, MINI and Porsche as well as other brands were excluded from the above rankings. |