TORONTO -

ALG has named the winners of its 9th annual Canadian Residual Value Awards, where the Subaru and Land Rover were awarded honors for top Mainstream Brand and Premium Brand, respectively. ALG also named 27 vehicle segment winners. 

Recipients were chosen from 2017 model-year vehicles that have are forecasted to offer superior value in their segments.

Mainstream-brand winners are those expected to retain the highest percentage of MSRP after four years, and premium-brand winners are those project to retain the most after three years. 

“Residual values are a key indicator of the overall market success and health of a vehicle and brand,” Jim Nguyen, president of ALG said in a news release. “And with vehicle leasing on the rise, resale values have never been more important to both consumers and automakers.”

Subaru received the top mainstream brand award for the second year in a row.

The brand earned a total of four segment awards which include the Subaru Outback in the Midsize Utility – 2 Row segment.

“Consistent product execution and practical sales strategies have resulted in back-to-back Residual Value Award wins for Subaru among Mainstream Brands,” ALG said.

This is Land Rover’s third consecutive win. The top premium manufacturer, according to ALG, has been in high demand in both the new and used markets.

“Strong transaction prices on the new side enhances resale performance as consumers queue up for the sleek and modern new designs with the luxurious image that comes with it,” said ALG.

Additionally, among mainstream brands, Toyota earned six segment awards and Honda earned segment awards for four of its models.

Below is the full list of the 2017 Canadian RVA winners:

RVA Overall

Mainstream Brand: Subaru

Premium Brand: Land Rover

                        

RVA Mainstream Segment

City Car: Nissan Micra

Subcompact Car:  Honda Fit

Compact Car: Subaru Impreza

Midsize Car: Honda Accord

Fullsize Car: Nissan Maxima

Sports Car: Subaru WRX

Alt-Fuel Vehicle: Toyota Prius V

Minivan: Honda Odyssey

Subcompact Utility Vehicle: Subaru Crosstrek

Compact Utility Vehicle: Honda CR-V

Midsize Utility Vehicle – 2 Row: Subaru Outback

Midsize Utility Vehicle – 3 Row: Toyota Highlander

Fullsize Utility Vehicle: Toyota Sequoia

Off-Road Utility Vehicle: Toyota 4Runner

Midsize Pickup: Toyota Tacoma

Fullsize Pickup: Toyota Tundra

Midsize Commercial Van: Ford Transit Connect

Fullsize Commercial Van: Mercedes-Benz Sprinter