The Toyota Tundra won it's fourth consecutive ALG Residual Value award. (PHOTO: Toyota)

The Toyota Tundra won it's fourth consecutive ALG Residual Value award. (PHOTO: Toyota)

ALG, analytics division of TrueCar, Inc., has announced winners of its 15th annual Residual Value Awards, with Land Rover and Toyota taking top honors for Premium Brand and Mainstream Brand respectively.

ALG's Residual Value Awards (RVA) recognize vehicles in 26 segments — including compact and full-size commercial vans for the first time — 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 were chosen from 2015 model-year vehicles on sale that have shown strong value in their competitive segments. 

"Residual value is important for automakers and consumers because it's a complete indicator of the vehicle's future value, accounting for quality, durability and brand desirability among other factors," said Larry Dominique, president of ALG and executive vice president of TrueCar. "The award recipients demonstrate strong forecasted returns on investments for their owners."

Among the truck and van awards, highlights include the Toyota Tacoma pickup truck winning a 14th straight RVA and the Toyota Tundra winning its fourth consecutive RVA. Additionally, the Chevrolet Tahoe and Ford Transit Connect were among the eight vehicles that earned RVAs for the first time. 

Below is a list of truck and van 2015 ALG RVA winners:

Category2015 Winner
Mainstream Brand Toyota
Premium Brand Land Rover
Mid-size/Utility Vehicle - 2 Row Subaru Outback
Mid-size/Utility Vehicle - 3 Row Toyota Highlander
Full-size/Utility Vehicle Chevrolet Tahoe
Off-Road/Utility Vehicle Toyota 4Runner
Mid-size Pickup Toyota Tacoma
Full-size Pickup Toyota Tundra
Mid-size Commercial Van Ford Transit Connect
Full-size Commercial Van Mercedes-Benz Sprinter