The J.D. Power U.S. ALG Residual Value Awards are the automotive industry standard in recognizing vehicle models projected to hold the highest percentage of their manufacturer’s suggested retail price following a three-year period of ownership.
“Accurately forecasting residual values in the auto industry is a key factor in assessing an estimated $225 billion lease portfolio of vehicles in the United States,” said Eric Lyman, vice president of ALG.
In addition to the mass market brand level award, Honda also takes home three model-level awards. Lexus ranks highest among premium brands while only having one segment-winning model.
Read the article at J.D. Power.
