Honda and Acura Rank Highest in ALG's 14th Annual Residual Value Awards


honda civic

Toyota family of brands takes home nine awards; Hyundai nets 3 awards, lands second among mainstream brands

LOS ANGELES--Nov. 26, 2012: Los Angeles Auto Show - 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 two-year gap while Honda ranks highest after a three-year gap. While Acura and Honda claim the top spots, it was the Toyota family of brands that walked away with the most hardware -- nine total -- six awards for Toyota, two for Lexus and one 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 three-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 two 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 second and the redesigned Nissan Altima third. In the Compact Car segment, the Scion TC and Mazda3 rounded out the top three.

Among Mainstream brands, Hyundai ranked second overall behind Honda. Scion, part of the Residual Value Award rankings for the first time, ranked third. Infiniti and Audi ranked second and third respectively among Premium brands. Lexus, last year's highest ranked brand, is now fourth.

"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 -- two 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.

Segment Awards

Winner

Sub Compact Car

Honda Fit

Compact Car

Hyundai Elantra

Midsize Car

Honda Accord

Fullsize Car

Hyundai Azera

Sports Car

Scion FR-S

Alt-Fuel Vehicle

Toyota Prius c

Minivan

Honda Odyssey

Sub Compact Utility Vehicle

MINI Cooper Countryman

Compact Utility Vehicle

Toyota FJ Cruiser

Midsize Utility Vehicle

Hyundai Santa Fe Sport

Fullsize Utility Vehicle

Toyota Sequoia

Midsize Pickup

Toyota Tacoma

Fullsize Pickup

Toyota Tundra

Premium Compact Car

MINI Cooper

Premium Midsize Car

Mercedes-Benz C-Class

Premium Fullsize Car

Lexus GS 350

Premium Executive

Lexus LS 460

Premium Sports Car

Porsche 911 Carrera

Premium Alt-Fuel Vehicle

Mercedes-Benz ML350 BlueTEC

Premium Compact Utility Vehicle

Acura RDX

Premium Midsize Utility Vehicle

Audi Q7

Premium Fullsize Utility Vehicle

Toyota Land Cruiser


Mainstream Brand Rankings


Premium Brand Rankings

Rank

Brand


Rank

Brand

1

Honda


1

Acura

2

Hyundai


2

Infiniti

3

Scion


3

Audi

4

Subaru


4

Lexus

5

Mazda


5

Mercedes-Benz

6

Toyota


6

BMW

7

Nissan


7

Cadillac

8

Kia


8

Porsche

9

Volkswagen


9

Volvo

10

Mitsubishi


10

Lincoln

11

Ford




12

Dodge




13

Buick




14

GMC




15

Chevrolet




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