Automotive Lease Guide Announces Residual Value Awards

Automotive Lease Guide (ALG) recently 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 -- Vehicle
Compact Car -- Mini Cooper
Midsize Car -- Honda Accord
Fullsize 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 Range Rover Sport
Compact SUV -- Jeep Wrangler
SUV -- Toyota 4Runner
Luxury SUV -- Lexus GX470
Compact Truck -- Toyota Tacoma Pickup
Fullsize 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 & Suzuki.

Luxury Brand Residual Value Rankings
1. INFINITI
2. LEXUS
3. BMW
4. ACURA
5. PORSCHE
6. MERCEDES BENZ
7. LAND ROVER
8. AUDI

Comment On This Story

Name:  
Email:  
Comment: (Max. 10000 characters)  
Please leave blank:
* Please note that every comment is moderated.

Newsletter: Sign up to receive latest news, articles, and much more.

Read the latest

Auto Focus Blog: A blog covering fleets, auto rental and the business of cars

Five Business Model Trends for 2017

As new forms of mobility take flight, the borders with traditional car rental are starting to erode.

Are Commercial Drone Deliveries Eminent in the U.S.?

Amazon just delivered its first package by drone in England. Will U.S. delivery fleets be able to take advantage soon?

Autonomous Vehicles and the Changing Role of the Fleet Manager

With fewer drivers and substantially longer fleet lifecycles, fleet managers will pivot to new job functions.

Job Finder: Access Top Talent. Fill Key Positions.