On Monday, ALG announced that Land Rover and Subaru placed as the top brands overall in its 2017 Residual Value Awards, an annual honor for brands and individual models with the highest retained value.
Land Rover was recognized for the third consecutive year as the premium brand with the best overall residual values, while Subaru was acknowledged for the same metric out of all the mainstream brands.
“Residual values are a key indicator of the overall market success and health of a vehicle and brand. Whether a consumer is looking to purchase or lease a vehicle, the largest cost consideration is how much a vehicle will retain its value over time,” said Jim Nguyen, president of ALG. “And with vehicle leasing on the rise, resale values have never been more important to both consumers and automakers.”
ALG’s Residual Value Awards honor individual vehicles in 26 different segments that retain the highest percentage of their respective MSRPs after a three-year period.
Award recipients were chosen from all 2017 model year vehicles, both premium and mainstream.
Automakers will be presented with their awards this week at the Los Angeles Auto Show.
Following are the recipients of ALG’s 17th annual Residual Value Awards.
RVA Overall Brand
Premium — Land Rover
Mainstream — Subaru RVA Segment Model
Toyota Prius V
Midsize Utility 2nd Row Seating
Midsize Utility 3rd Row Seating
Mercedes CLA Class
Premium Compact Utility
Land Rover Discovery Sport
Premium Fullsize Utility
Land Rover Range Rover
Premium Midsize Utility 2nd Row Seating
Land Rover Range Rover Sport
Premium Midsize Utility 3rd Row Seating