February 24, 2017

ALG honors vehicles predicted to hold value best; Subaru wins in six segments

SANTA MONICA, Calif.–(BUSINESS WIRE)–ALG, the benchmark for forecasting future vehicle values and the analytics subsidiary of TrueCar, Inc. (NASDAQ: TRUE), announced the winners of the 2017 Residual Value Awards, ranking Land Rover and Subaru as the top Premium Brand and Mainstream Brand, respectively.

“Residual values are a key indicator of the overall market success and health of a vehicle and brand. Whether a consumer is looking to purchase or lease a vehicle, the largest cost consideration is how much a vehicle will retain its value over time”

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ALG’s Residual Value Awards (RVA) recognize vehicles in 26 segments that are forecast to retain the highest percentage of their Manufacturer’s Suggested Retail Price (MSRP) after a three-year period. This year’s recipients have shown strong value in their competitive segments and were chosen from all 2017 model year vehicles on sale in the United States in the Premium and Mainstream segments. The awards will be presented to automakers this week at the Los Angeles Auto Show.

“Residual values are a key indicator of the overall market success and health of a vehicle and brand. Whether a consumer is looking to purchase or lease a vehicle, the largest cost consideration is how much a vehicle will retain its value over time,” said Jim Nguyen, president of ALG. “And with vehicle leasing on the rise, resale values have never been more important to both consumers and automakers.”

2017 will mark the third consecutive year that Land Rover will take home the Residual Value Award for Premium Brands. The distinguished British utility brand won an award in three of the Premium segments with the Range Rover Sport, Range Rover, and Discovery Sport winning the top spots.

Subaru also earned the top Mainstream brand award for the third consecutive year by outdoing its competitors in six segments, surpassing last year’s performance of five total awards. The Impreza is the newest model to receive an award this year, joining the Forester, Legacy, Outback, WRX and Crosstrek as RVA winners.

Below is the full list of 2017 RVA winners:

RVA Overall

Brand

Premium

Land Rover

Mainstream

Subaru

RVA Segment

Model

Alt-Fuel

Toyota Prius V

Compact

Subaru Impreza

Compact Utility

Subaru Forester

Fullsize

Dodge Charger

Fullsize Commercial

Mercedes Sprinter

Fullsize Pickup

Toyota Tundra

Fullsize Utility

Chevrolet Tahoe

Midsize

Subaru Legacy

Midsize Commercial

Metris

Midsize Pickup

Toyota Tacoma

Midsize Utility 2nd Row Seating

Subaru Outback

Midsize Utility 3rd Row Seating

Honda Pilot

Minivan

Toyota Sienna

Off-Road Utility

Toyota 4Runner

Premium Compact

Mercedes CLA Class

Premium Compact Utility

Land Rover Discovery Sport

Premium Executive

Lexus LS

Premium Fullsize

Audi A7

Premium Fullsize Utility

Land Rover Range Rover

Premium Midsize

Jaguar XE

Premium Midsize Utility 2nd Row Seating

Land Rover Range Rover Sport

Premium Midsize Utility 3rd Row Seating

Audi Q7

Premium Sportscar

Nissan GT-R

Sportscar

Subaru WRX

Subcompact

Honda FIT

Subcompact Utility

Subaru Crosstrek

 

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