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Automotive Lease Guide (ALG) Announces Tenth Annual Residual Value Awards for Segment Leaders and Top Brands Overall.


SANTA BARBARA Santa Barbara (săn'tə bär`brə, –bərə), city (1990 pop. 85,571), seat of Santa Barbara co., S Calif., on the Pacific Ocean; inc. 1850. , Calif. -- Automotive Lease Guide (ALG ALG antilymphocyte globulin.

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) has announced its 10thannual Residual Value Residual value

Usually refers to the value of a lessor's property at the time the lease expires.


residual value

The price at which a fixed asset is expected to be sold at the end of its useful life.
 Awards, honoring the vehicles in each segment that are predicted to retain the highest percentage of their original price after a conventional three-year lease term.

The awards are based on 2009 model year vehicles. For the seventh year, ALG has also included awards for the brands that have the highest overall predicted resale values among all industry and all luxury vehicles. The awards are derived after carefully studying segment competition, historical vehicle performance and industry trends. The list of winners can be found on www.alg.com.

For the sixth consecutive year, American Honda Motor Company, Inc. has won the Industry Brand Residual Value Award. Honda also received individual segment awards for the Accord in the Midsize Car category, and the Honda Fit The Honda Fit is a five-door hatchback automobile produced by Honda of Japan, that was first introduced in June 2001. The vehicle is known as the Fit in Japan, China, and in both North and South America.  in the Compact Car category.

In addition, Acura, Honda's luxury division, has won the overall Luxury Brand Residual Value Award for the first time. Although Acura does not have any segment winners, all of its vehicles' residual values are relatively strong, with the new TL and TSX TSX Toronto Stock Exchange (TSE before April, 2002)
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 ranking among the highest in their segments.

Toyota Motor Sales, USA again received the most segment Residual Value Awards. The Toyota brand received four awards, for the Sequoia (Large Utility Vehicle); the Tacoma (Compact/Midsize Pickup); the Sienna sienna: see ocher.  (Minivan); and the Prius (Hybrid/Alternative Powertrain - in the first year for that category). In addition, Toyota's Lexus LS The Lexus LS is a full-size luxury sedan that serves as the flagship of Lexus, the luxury division of Toyota. Since Lexus' 1989 debut, four generations of the V8-powered, rear-wheel drive Lexus LS have been produced. 460 received the Luxury Car award, while the Scion XB won in the Mid-Compact Car category.

Nissan received three segment awards, for the Maxima (Fullsize Car); the GT-R (Luxury Sports Car); and the Murano (Midsize Utility Vehicle). BMW BMW
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German automaker. Founded as an aircraft engine manufacturer in 1916, the company assumed the name Bayerische Motoren Werke and became known for its high-speed motorcycles in the 1920s.
 won two awards, for the Mini Cooper (Sporty Car) and the BMW 1 Series The BMW 1 Series (code name E87) is a Small-luxury car / small family car produced by the German automaker BMW since 2004. Designed to compete against the Audi A3 and Volkswagen Golf, the 1 Series is the only vehicle in its class featuring rear-wheel drive and a  (Near Luxury Car). Land Rover also received two segment awards, for the Range Rover Sport The Range Rover Sport is a large luxury SUV produced by British automaker Land Rover since the summer of 2005. It shares its platform with the Land Rover Discovery (LR3 in North America) rather than the larger Range Rover. Land Rover calls the vehicle a sports tourer.  (Luxury Utility Vehicle) and the LR2 (Near Luxury Utility Vehicle).

Among domestic manufacturers, the Jeep Wrangler won the segment award for Compact Utility Vehicles for the third consecutive year, although it is sharing the award this year with the Subaru Forester, a first time winner. The Ford F-150 received the award for Fullsize Light Duty Pickups, while the Dodge Sprinter won in the Commercial - Specialty segment, a new category this year.

"In these unprecedented times - between volatile gas prices and the turmoil in the credit and financial markets - consistently achieving strong Residual Values has become a monumental challenge for auto manufacturers," said John Blair, Chief Executive Officer of Automotive Lease Guide. "While a number of companies again performed well, Honda clearly set itself apart this year by winning both the overall Industry and the Luxury Brand Awards, as its Acura division jumped to the top spot from fourth place a year ago. The Honda and Acura brands both benefit from an extremely disciplined approach to vehicle production, combined with consistent high quality and effective pricing strategies. Residual Value remains the best metric for evaluating the overall strength of an automotive brand, and we congratulate all of this year's winners for their successful products and marketing strategies."
[TABLE OMITTED]
Industry Brand Residual Value Rankings  <

                                        <

Rank                                    <
Brand
1                                       <
HONDA
2                                       <
SUBARU
3                                       <
VOLKSWAGEN
4                                       <
TOYOTA
5                                       <
NISSAN
6                                       <
MAZDA
7                                       <
SUZUKI
8                                       <
SATURN
9                                       <
PONTIAC


Only brands above the industry average were ranked. Below industry average were the following brands (listed in alphabetical order): Buick, Chevrolet, Chrysler, Dodge, Ford, GMC GMC

See: Guaranteed Mortgage Certificate
, Hyundai, Jeep, Kia, Mercury and Mitsubishi.
Luxury Brand Residual Value Rankings  <

                                      <

Rank                                  <
Brand
1                                     <
ACURA
2                                     <
LEXUS
3                                     <
AUDI
4                                     <
INFINITI
5                                     <
LAND ROVER
6                                     <
BMW
7                                     <
PORSCHE
8                                     <
MERCEDES BENZ


Only brands above the luxury average were ranked. Below luxury average were the following brands (listed in alphabetical order): Cadillac, Jaguar, Lincoln, Saab and Volvo.

Note: All brands with vehicles in at least three segments were included. As a result of this requirement, MINI and Scion sci·on  
n.
1. A descendant or heir.

2. also ci·on A detached shoot or twig containing buds from a woody plant, used in grafting.
 were excluded from the above rankings.

About ALG (www.alg.com)

Based in Santa Barbara, California Santa Barbara is a city in California, United States. It is the county seat of Santa Barbara County, California. As of the 2000 census, the city had a total population of 92,325. , Automotive Lease Guide (alg), Inc. is a leading provider of data and consulting services to the automotive industry. ALG publishes the "Automotive Lease Guide" - the standard for Residual Value projections in North America, and has been forecasting automotive residual values for over 37 years in both the U.S. and Canadian markets. ALG is a company of DealerTrack Holdings, Inc. (Nasdaq: TRAK TRAK Track
TRAK Technology to Recover Abducted Kids (system to help law enforcement agencies) 
)

TRAK-G
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Publication:Business Wire
Date:Nov 20, 2008
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