Honda Car Forum


Go Back   Honda Car Forum - Accord Parts Civic Tuning Acura Racing > Honda Acura > Acura News

LinkBack Thread Tools Display Modes
  #1 (permalink)  
Old 26 Nov 2012, 11:30 pm
Join Date: Aug 2007
Posts: 110,268
Default Acura, Honda, Toyota dominate ALG Residual Value awards

Filed under: Car Buying, Acura, Chevrolet, Honda, Hyundai, Lexus, Lincoln, Mercedes-Benz, Nissan, Scion, Subaru, Toyota

Drive a new car off the lot and, boom, it's used and not worth nearly what you own on it. But to help buyers counter this to the best of their abilities, ALG has released its 14th annual list of best bets for retained value.

stands out from the crowd with nine total awards on the list, including its Scion and Lexus brands. But Honda took the top spot among mainstream brands with Hyundai second and Scion third. Subaru is fourth and Mazda fifth. In the premium brand rankings, Acura is ranked Number One, while Infiniti and Audi bring up second and third. In fourth place is Lexus and in fifth, Mercedes-Benz. Chevrolet is listed as number fifteen - last place on the mainstream list, while Lincoln is at the bottom of premium brands in tenth position.

"Hyundai's ascent as a brand is nothing short of impressive," said Larry Dominique, president of ALG in a press release. "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."

ALG also looked at residual values within specific segments. Among sub compact cars, the Honda Fit retains the most residual value on average. Honda Accord (pictured) was tops in midsize cars and the Odyssey among minivans. Compact car goes to Hyundai's Elantra and fullsize car to that company's Azera. The Koreans also excelled with the Santa Fe Sport in the midsize utility vehicle category.

Toyota products show up nine times in the segments with the Prius C taking alt-fuel vehicle, Scion FR-S in sports car, the FJ Cruiser among compact utility vehicles and Sequoia best among full size utilities. Toyotas beat out the domestics in pickup trucks, too, with the Tacoma taking midsize category and Tundra the full size division. The Land Cruiser kept the most residual value when compared to other premium full size utility vehicles and premium cars from Lexus took the full size (GS 350) and executive (LS 460) categories.

You can see the full lists and press release below.Continue reading Acura, Honda, Toyota dominate ALG Residual Value awards

Acura, Honda, Toyota dominate ALG Residual Value awards originally appeared on Autoblog on Mon, 26 Nov 2012 16:33:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments

Source: Autoblog
Reply With Quote

Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is On
Trackbacks are On
Pingbacks are On
Refbacks are On

Similar Threads
Thread Thread Starter Forum Replies Last Post
KBB 2012 Best Resale Value awards dominated by Toyota skylight Honda News 0 17 Nov 2011 12:30 am
TL: Acura Wins 2011 ALG Residual Value Award skylight Acura TL 0 10 Dec 2010 04:40 am
Motorsports: De Ferran, Pagenaud Dominate Utah ALMS Race In Acura Sweep skylight Honda Racing News 0 01 Sep 2010 09:00 am
De Ferran, Pagenaud Dominate Utah ALMS Race In Acura Sweep skylight Honda Racing News 0 18 May 2009 10:20 am
Big Surprise: Honda and Acura have best residual values skylight Acura News 0 21 Nov 2008 09:50 pm

All times are GMT -5. The time now is 07:00 pm.

Honda News | Autoblog
Powered by Yahoo Answers

Powered by vBulletin®
Copyright ©2000 - 2020, Jelsoft Enterprises Ltd.
LinkBacks Enabled by vBSEO 3.6.0 PL2 © 2011, Crawlability, Inc. is not affiliated with Honda Motor Company in any way. Honda Motor Company does not sponsor, support, or endorse in any way. Copyright/trademark/sales mark infringements are not intended or implied.