ALG, analytics subsidiary of TrueCar, Inc, .announced the winners of ALG’s 2020 Residual Value Awards, putting GMC and Toyota at the top of the list for pickup trucks.
Depreciation is a necessary evil in our industry. Knowing your risks and knowing your OEM partners won’t make depreciation go away but it can make it more manageable.
For the first time, compact and full-size commercial vans were included in the award's 26 recognized vehicle segments.
In 2015, the Toyota Tacoma pickup truck wins a 14th straight residual value award with the Toyota Tundra winning its fourth consecutive award. Additionally, the Chevrolet Tahoe and Ford Transit Connect were among the eight vehicles that earned RVAs for the first time.
A lineup of new full-size commercial vans from Chrysler/Ram, Ford, and Mercedes-Benz will deliver significantly higher residual value that their counterparts from previous generations, according to ALG’s latest industry projection.
ALG, the benchmark for forecasting vehicle residual values, has announced the winners of its 14th annual Residual Value Awards.
The awards recognize vehicles that ALG forecasts will retain the highest percentage of MSRP after a three-year period.
SANTA BARBARA, CA – ALG announced its 13th Annual Residual Value Awards, which honor vehicles in specific segments that the company predicts will retain the highest percentage off MSRP after a three-year period.
Lower gas prices and a change in consumer attitudes have generated an increase in sales and residual values of premium vehicles and full-size SUVs.
The difference between contract residuals and actual used values for leased cars and trucks could hurt lessors, warned CNW's Art Spinella, who recalled when the industry had a $10 billion shortfall and drove lessors out of business.
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