SANTA BARBARA, CA – Automotive Lease Guide (ALG) has announced its annual Residual Value Awards, which honor those vehicles in each automotive segment predicted to retain the highest percentage of their original price after a conventional three-year lease term. This year’s awards are based on 2008 model-year vehicles. For the sixth year, ALG has also included awards for the brands with the highest predicted resale values among all industry and luxury vehicles.

For the fifth consecutive year, American Honda Motor Company, Inc., has won the Industry Brand Residual Value Award. Honda also received individual segment awards for the Accord in the Mid-Size Car category and the Odyssey in the Minivan category. It was the seventh consecutive win for the Odyssey.

Summary of 2008 Residual Value Award Winners

Brand Awards

Industry Brand Residual Value Award — American Honda Motor Company, Inc.

Luxury Brand Residual Value Award — Infiniti, a division of Nissan Motor Co., Ltd.

Segment Awards

Compact car:Mini Cooper

Mid-size car:Honda Accord

Full-size car:Toyota Avalon

Sporty car:Volkswagen Eos

Near-luxury car:Infiniti G35/37

Luxury car:BMW 5 Series

Luxury sports car: BMW 6 Series

Minivan: Honda Odyssey

CUV: Subaru Tribeca

Luxury CUV:Range Rover Sport

Compact SUV:Jeep Wrangler

SUV: Toyota 4Runner

Luxury SUV:Lexus GX470

Compact truck:Toyota Tacoma Pickup

Full-size truck:GMC/Chevy Sierra/Silverado

Industry Brand Residual Value Rankings

1. Honda

2. Toyota

3. Volkswagen

4. Subaru

5. Nissan

6. Mazda

7. Saturn

8. GMC Trucks

9. Jeep

Only brands above the industry average were ranked. Below industry average were the following brands (listed in alphabetical order): Buick, Chevrolet, Chrysler, Dodge, Ford, GMC, Hyundai, Jeep, Kia, Mercury, Mitsubishi, Pontiac, and Suzuki.

Luxury Brand Residual Value Rankings

1. Infiniti

2. Lexus

3. BMW

4. Acura

5. Porsche

6. Mercedes Benz

7. Land Rover

8. Audi