January 7, 2009
Santa Barbara, California – Automotive Lease Guide has announced the winners of its first-ever Canadian Residual Value Awards, honouring the 2009 model-year vehicles in each segment that are predicted to retain the highest percentage of their original price after a conventional retail lease.
The U.S.-based data and consulting company, which has named annual winners in the U.S. for ten years, based the new award on Canada-specific data, comparing segment competition, historical vehicle performance and industry trends.
Honda won the Mainstream Brand Residual Value Award, and also received individual segment awards for the Odyssey, in Minivan; the Fit, in Entry Compact Car; and the Ridgeline, in Compact/Midsize Pickup.
While Infiniti did not have any segment winners, it took the overall Luxury Brand Residual Value Award, due to the consistently strong residual value of its vehicles. Nissan received four segment awards, for the Maxima, in Full Size Car; the GT-R in Luxury Sports Car; the Rogue, in Compact Utility Vehicle; and the Murano, for Midsize Utility Vehicle.
Companies receiving two awards each were Toyota, for the Camry in Midsize Car, and the Sequoia in Large Utility Vehicle; Land Rover, for the LR2 in Near Luxury Utility Vehicle, and the Range Rover Sport in Luxury Utility Vehicle; and Subaru, for the Impreza in Mid-Compact Car, and the Impreza WRX STI for Sporty Car.
Receiving one award each were BMW, for the 1 Series in Near Luxury Car; Ford, for the F-150 in Full-Size Light Pickup; and Volkswagen, for the Jetti TDI in Hybrid/Alternative Powertrain.
Among mainstream brands, ALG’s list of above-average performers, in order, are Honda, Toyota, Nissan, Subaru, Mazda, Volkswagen, Mitsubishi, and Saturn. Among luxury brands, the list of above-average performers, in order, are Infiniti, Acura, Lexus, Audi, BMW, Land Rover, and Porsche.