The brand rankings in the 14th annual ALG Residual Value Awards winners announced this morning marked both a sweep and reclaimed crowns.
Honda took top honors on the mainstream brand side following a three-year absence from the No. 1 spot, while Acura ranked first on the luxury side, ending a two-year absence.
These brands combined to win three of the 22 vehicle categories, while the Toyota, Lexus and Scion brands led the way with nine combined category wins.
ALG’s awards are doled out based on vehicles projected to maintain the strongest percentage of original MSPR after three years. Models were evaluated in such criteria as segment competition, historical vehicle performance and industry trends. 2013 model-year vehicles were considered.
“Residual value is a complete indicator of vehicle value, taking into account quality, durability and brand desirability,” stated 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.”
Breaking down the brand rankings further, Hyundai placed second on the mainstream side and was followed by Scion, Subaru and Mazda in spots three to five.
“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.”
For the premium brands, Infiniti was second, Audi was No. 3 and Lexus was fourth. Mercedes-Benz was fifth.
The complete list of winners is as follows:
Mainstream Brand Rankings
Premium Brand Rankings
Subcompact Car: Honda Fit
Compact Car: Hyundai Elantra
Midsize Car: Honda Accord
Full-size Car: Hyundai Azera
Sports Car: Scion FR-S
Alt-Fuel Vehicle: Toyota Prius c
Minivan: Honda Odyssey
Subcompact Utility Vehicle: Mini Cooper Countryman
Compact Utility Vehicle: Toyota FJ Cruiser
Midsize Utility Vehicle: Hyundai Santa Fe Sport
Full-size Utility Vehicle: Toyota Sequoia
Midsize Pickup: Toyota Tacoma
Full-size Pickup: Toyota Tundra
Premium Compact Car: Mini Cooper
Premium Midsize Car: Mercedes-Benz C-Class
Premium Full-size 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 Full-size Utility Vehicle: Toyota Land Cruiser