Subaru, Lexus Win Overall Brand Honors in 21st Annual ALG Residual Value Awards
- Subaru achieves the top spot in the Mainstream Brand category and Lexus wins the top spot in the Luxury Brand category.
- Subaru earns the most segment awards with four category wins.
- For the first time this year, ALG introduces the Micro Utility category and
Premium Electriccategory. Mazda took top honors in the Micro Utility category with the Mazda CX-3 and Tesla Model Y took top honors in the Premium Electriccategory.
The prestigious ALG Residual Value Awards recognize vehicles in 29 segments that are projected to hold the highest percentage of their Manufacturer's Suggested Retail Price (MSRP) after a three-year period, an important consideration for car buyers when assessing the total cost of ownership for a particular vehicle. This year's recipients have shown strong value in their competitive segments and were chosen from all 2021 model year vehicles on sale in the United States in the Premium and Mainstream segments.
"Residual values are a key indicator of an automaker’s success and really help determine the overall health of a brand or certain model,” said
“Both overall brand winners, Subaru and Lexus, have led in multiple segment categories this year. Their success across these segments is a testament to the strength and appeal of their diverse and balanced vehicle portfolios,” added Lyman.
Subaru leads with the most segment awards in the Mainstream Brand category, earning four different awards for a variety of vehicles across different segments their lineup, including the Subaru Impreza, WRX, Forester and Crosstrek.
Lexus follows Subaru with the most category wins taking home the top spots in the Premium Executive, Premium Midsize and Premium Midsize Utility 2-Row Seating segments.
For the first time this year, ALG introduces the Micro Utility category and
Award winners are determined through careful analysis of used vehicle performance, brand outlook and product competitiveness. Eligibility for a brand award requires a manufacturer to have vehicle entries in at least four different segments. To account for differences across trim levels, model averages are weighted based on percentage share relative to the entire model line.
Below is the full list of 2021 RVA winners:
|Compact Utility||Subaru Forester|
|Fullsize Commercial Van|
|Fullsize Pickup||Chevrolet Silverado HD|
|Fullsize Utility||Chevrolet Tahoe|
|Kia Niro EV|
|Micro Utility||Mazda CX-3|
|Midsize Commercial Van|
|Midsize Pickup||Toyota Tacoma|
|Midsize Utility 2-Row Seating||Honda Passport|
|Midsize Utility 3-Row Seating||Toyota Highlander|
|Off-Road Utility||Jeep Wrangler|
|Premium Compact||BMW 2 Series|
|Premium Compact Utility|
|Tesla Model Y|
|Premium Executive||Lexus LS|
|Premium Fullsize||Audi A6 Allroad|
|Premium Fullsize Utility||Cadillac Escalade|
|Premium Midsize||Lexus IS|
|Premium Midsize Utility 2-Row Seating||Lexus RX|
|Premium Midsize Utility 3-Row Seating||Land Rover Discovery|
|Premium Sportscar||Chevrolet Corvette|
|Premium Subcompact Utility||Audi Q3|
|Subcompact Utility||Subaru Crosstrek|
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Source: TrueCar, Inc.