Toyota once again dominated the annual ALG Residual Value Awards with six models capturing the top spot in their respective segments and a seventh award going to Toyota as the top Mainstream Brand. The Residual Value Awards from ALG represent the industry benchmark for residual values and depreciation data.
“Toyota’s truck lineup has traditionally had incredible retention, especially with its competitive pricing,” Larry Dominique, President of ALG, says.
Toyota’s Tacoma (midsize pickup) and Tundra (fullsize pickup) were among the brands honored.
Award winners are determined through careful study of the competition in each segment, historical vehicle performance and industry trends. Vehicle quality, production levels relative to demand, and pricing and marketing strategies represent key factors that impact ALG’s residual value forecasts.