Right…THIS is the kind of thing that fascinates me. The Automotive Lease Guide (ALG) has announced the winners of the Residual Value Awards. These awards recognize the vehicles that are expected to retain the highest value over the next three years. Kinda like awarding gold medals for the next Olympic Games. Of course, there is no other way for them to give awards, and they certainly are in a better position than any other entity to predict future value. Still…how must it be for the losers? To have lost three years before actual results are known…OUCH!
We will have much more on this upcoming, as well as comparisons to the recently released Kelly Blue Book awards to slow depreciators. Then maybe we will try to figure out if these numbers really mean anything to buyers!
Some winners include…
HONDA for Industry Brand (all vehicles) as well as Accord and Fit in individual categories.
ACURA for Luxury Brand ( all vehicles)
TOYOTA for most segment awards
LEXUS LS460 for Luxury Car.
No real surprises here, but a few eyebrow raises. I have never found Acura to be the slowest depreciator, but then my clients have not shopped all categories.
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