Residual value — how well a vehicle holds its value — is the ultimate measure of product success, consumers voting not with survey results, but with their wallets. Residual value is the sum total of the past, present and future of a brand put into a monetary measurement. And for consumers, that equals a pure measurement of value.
Since 2000, ALG’s Residual Value Awards have honored those brands whose vehicles are predicted to successfully retain the highest percentage of their original MSRP after a three-year period. The annual awards are given after careful study of segment competition, sales strategy, resale performance, and industry residual values. ALG also recognizes the top brands based on their total vehicle portfolios.
When purchasing a car, depreciation is the single largest cost to a consumer. The Residual Value Awards recognize those vehicles whose future value are most likely to withstand the test of time.
Check out the press release from the 14th annual Residual Value Awards, announced November 26th, 2012.