Vehicles Most Likely to Hold Their Values

ALG, a company that projects resale values for vehicles in the future, announced winners of its annual Residual Value Awards. Honda was honored as the top mainstream brand, while Mercedes-Benz was named the best premium brand. Awards will be presented to honored automakers at the Los Angeles Auto Show this week.

In addition to these top brand awards, ALG, a unit of TrueCar, Inc., also honored models in 24 segments that are likely to retain the highest percentage of their MSRP after three years. The criteria for selecting residual value awards include: evaluation of a vehicle's competition in a respective segment, historical vehicle performance, and industry trends.

In a company statement, Larry Dominique, president of ALG, noted that "Residual value is critical to automakers and consumers because it's a complete indicator of the vehicle's value, taking into account quality, durability, brand desirability and other factors." He also said that these awards give an idea of which products will best retain their value over the next 36 months.

Eight of the 24 segment residual value model awards are presented to Toyota models, including the Prius C (alternative fuel vehicle), while Honda and Audi each receive three residual value model awards at the segment level. Chevrolet wins residual value awards in two categories. This year, Audi is the only premium brand to receive multiple awards.

This year, seven models are first-time residual value winners in their segments. These models and segments include:

ALG also has added five new segments this year to receive 2014 Residual Value Awards. The new categories and residual value award recipients are:

--

Did you know that you can get stories like this on the Yahoo mail app?
Download it here.

Yahoo Cricket

Latest News

  • Double Diwali bonanza for Ajay Devgn!
    Double Diwali bonanza for Ajay Devgn!

    While we expect every Diwali Shah Rukh to surprise us with his entertaining flicks as his association …

  • Aamir Khan: I will be happy to do a foreign film
    Aamir Khan: I will be happy to do a foreign film

    When asked him if he sees himself do a foreign film, he said, I have no issues doing a foreign film …

  • Anil Kapoor: Never expected Arjun Kapoor to be so good
    Anil Kapoor: Never expected Arjun Kapoor to be so good

    It might sound surprising but Anil Kapoor never expected bhanja Arjun Kapoor to be where he is today. …

  • Sonakshi Sinha: Women are the new heroes
    Sonakshi Sinha: Women are the new heroes

    With recent films like MARY KOM, MARDAANI, NH 10, PIKU and TANU WEDS MANU RETURNS being appreciated …

  • Dharmendra to be discharged in one-two days, confirms Hema Malini
    Dharmendra to be discharged in one-two days, confirms Hema Malini

    Veteran Bollywood actor Dharmendra, who was admitted to a hospital yesterday is recovering now …

  • Special 'Dil Dhadakne Do' screening planned in Mumbai

    Mumbai, May 29 (IANS) A special screening of "Dil Dhadakne Do" for friends and family members of the movie's cast and crew is being planned to be held in Mumbai on June 3. An extensive list of family and friends has been prepared for the screening of the multi-starrer entertainer which is releasing on June 5. The film's spokesperson said "The 'Dil Dhadakne Do' team has been receiving a lot of requests from friends and family who are keen to watch the film. …

  • Alia Bhatt teams up with mother for new ad

    New Delhi, May 29 (IANS) Young and versatile film talent Alia Bhatt has teamed up with her mother Soni Razdan to feature in an advertisement to promote Garnier Fructis Oil-In-Cream, a haircare product. "Garnier is one of the first brands that I signed on. For the first time, I have got to team up with my mom, and do an ad along with her," Alia told IANS over phone from Mumbai. …

  • Sonakshi's singing performance at IIFA a 'dream come true'

    New Delhi, May 29 (IANS) Actress Sonakshi Sinha says she always dreamt of performing like a "rockstar" in front of a live audience, and her singing act at the forthcoming 16th edition of the three-day International Indian Film Academy (IIFA) Weekend and Awards in June, will fulfil her dream. In a way, my dream is coming true. Meanwhile, Sonakshi is excited to head out to Kuala Lumpur, Malaysia, where the IIFA celebrations will begin on June 5. …

Loading...