Toyota, Mercedes take top spots in ALG Pre-Owned Awards

2012-2015 Toyota Tacoma. Photo credit: Toyota.
SANTA MONICA, Calif.  - 

Toyota and Mercedes-Benz have earned top mainstream and luxury brand honors, respectively, in the second annual ALG Pre-Owned Values Awards.

The awards, announced Monday, recognize the 2-year-old vehicles expected to retain the most value over the next three years, ALG said in a news release. In addition to the overall brand winners, the POVA’s recognize winners in 26 segments.

Mercedes, which took four individual segments, was lauded for having “leveraged decades of experience in the CPO space to become the leader in pre-owned value among luxury brands.”

Toyota was the winner in six individual segments, maintaining its perch atop the mainstream segment, which it also won in 2016. (Infiniti was the top luxury brand in last year’s inaugural awards).

“With supply of pre-owned vehicles on the rise, it is critical for automakers to communicate the value of a brand’s Pre-Owned product offering,” TrueCar executive vice president and ALG president Jim Nguyen said in a news release. “The ALG Pre-Owned Value Awards is the most efficient platform to provide peace of mind to used vehicle shoppers and complement an automaker’s CPO program.

“This award is designed to identify used vehicles that will hold the highest percentage of their value over the next three years,” he said. “Whether you are a millennial buying your first car after college graduation or looking to stretch your dollar into a luxury brand, obtaining top value for a pre-owned vehicle is a critical component of the shopping experience.”

Award winners, which are listed below, will be recognized at this week’s New York International Auto Show:

OVA Overall

 

Brand

Mainstream

 

Toyota

Premium

 

Mercedes-Benz

POVA Segment

 

Model

Alt-Fuel

 

Toyota Prius C

Compact

 

Toyota Corolla

Compact Utility

 

Hyundai Tucson

Fullsize

 

Dodge Charger

Fullsize Commercial

 

Mercedes Sprinter

Fullsize Pickup

 

Ford F-150

Fullsize Utility

 

GMC Yukon

Midsize

 

Chrysler 200

Midsize Commercial

 

Ford Transit Connect

Midsize Pickup

 

Toyota Tacoma

Midsize Utility 2nd Row Seating

 

Hyundai Santa Fe Sport

Midsize Utility 3rd Row Seating

 

Kia Sorento

Minivan

 

Nissan Quest

Off-Road Utility

 

Toyota 4Runner

Premium Compact

 

BMW 2 Series

Premium Compact Utility

 

Mercedes-Benz GLK-Class

Premium Executive

 

Kia K900

Premium Fullsize

 

BMW 5 Series

Premium Fullsize Utility

 

Toyota Land Cruiser

Premium Midsize

 

Mercedes-Benz C-Class

Premium Midsize Utility 2nd Row Seating

 

Mercedes-Benz M-Class

Premium Midsize Utility 3rd Row Seating

 

Lexus GX

Premium Performance

 

Nissan GT-R

Sportscar

 

Dodge Challenger

Subcompact

 

Toyota Yaris

Subcompact Utility

 

MINI Cooper Countryman

 

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