Choices are made easier with the annual Residual Values Awards in each of 24 separate new-vehicle categories for the 2014 model year, provided by the valuation experts at ALG in Santa Barbara, California.
ALG named Honda as being the top brand for top resale values among mainstream automakers, followed by Toyota, Subaru, Hyundai and Mazda. Meanwhile, Mercedes-Benz took top honors overall among luxury makes, with Acura, Audi, Infiniti and Lexus rounding out the top five upscale brand rankings.
“Toyota, Audi and Honda captured the most segment honors due to the consistent high value of all their products,” says ALG president Larry Dominique. “Honda was named top Mainstream Brand due to their prudent use of incentives — $1,000 lower than the mainstream average — and low rental fleet penetration. These factors help maintain vehicle value, which tremendously benefits consumers.”
ALG has been predicting automotive residual values for nearly 50 years and their data is used extensively by lenders and leasing companies in both the U.S. and Canadian markets.
Cars with the best resale values for 2014:
Subcompact Car: Hyundai Accent
Compact Car: Mazda3
Midsize Car: Honda Accord
Full-Size Car: Toyota Avalon
Sports Car: Chevrolet Camaro
Alt-Fuel Vehicle: Toyota Prius c
Minivan: Honda Odyssey
Subcompact Utility Vehicle: Kia Soul
Compact Utility Vehicle:Honda CR-V
Midsize Utility Vehicle — 2 Row: Hyundai Santa Fe Sport
Midsize Utility Vehicle — 3 Row: Toyota Highlander
Full-Size Utility Vehicle: Toyota Sequoia
Off-Road Utility Vehicle: Toyota FJ Cruiser
Midsize Pickup: Toyota Tacoma
Full-Size Pickup: Toyota Tundra
Premium Compact Car: Mercedes-Benz CLA-Class
Premium Midsize Car: Audi A5
Premium Full-Size Car: Audi A6
Premium Executive Car:Porsche Panamera
Premium Sports Car: Chevrolet Corvette
Premium Compact Utility Vehicle: Acura RDX
Premium Midsize Utility Vehicle— 2 Row: Land Rover Range Rover Sport
Premium Midsize Utility Vehicle— 3 Row: Audi Q7
Premium Full-Size Utility Vehicle: Toyota Land Cruiser
