ALG announced the results of its 14th annual Residual Value Awards, with Honda Accord earning the awards for top Intermediate Car, and Toyota Tundra named Top Mid-Size Pickup.
Acura returns to the top ranking among Premium brands after a two-year gap while Honda ranks highest after a three-year gap. While Acura and Honda claim the top spots, it was the Toyota family of brands that walked away with the most hardware – nine total – six awards for Toyota, two for Lexus and one for Scion.
ALG’s Residual Value Awards honor the vehicles in each segment that are forecast to retain the highest percentage of MSRP after a three-year period. Award recipients were chosen after a careful evaluation of vehicle criteria, including segment competition, historical vehicle performance and industry trends. This year’s awards are based on 2013 model year vehicles.
In two of the most hotly contested segments, Midsize and Compact Car, the Honda Accord and Hyundai Elantra ranked highest respectively. In the Midsize Car segment, the Subaru Legacy was second and the redesigned Nissan Altima third. In the Compact Car segment, the Scion TC and Mazda3 rounded out the top three. Among Mainstream brands, Hyundai ranked second overall behind Honda. Scion, part of the Residual Value Award rankings for the first time, ranked third. Infiniti and Audi ranked second and third respectively among Premium brands. Lexus, last year’s highest ranked brand, is now fourth.
Among Premium brands, Lexus took home segment awards for the redesigned GS and LS models (Premium Fullsize Car, Premium Executive Car respectively) while MINI received awards for the Cooper (Premium Compact Car) and Cooper Countryman (Sub Compact Utility Vehicle).
In the Alternative-Fuel segments, the Toyota Prius c and Mercedes-Benz ML350 BlueTEC received awards.
For more information, visit www.alg.com.
Originally posted on Work Truck Online