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:
|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|