J.D. Energy’s ALG Residual Worth Awards seems to be on the highest share of worth in comparison with the producer’s steered retail worth after three years of possession.
Residual worth is dependent upon variables equivalent to mileage, high quality/reliability, choices, and options. Macroeconomic elements, such because the increase in demand for vehicles following the pandemic and the corresponding scarcity of elements wanted to construct them as a result of provide chain disruptions, additionally have an effect on vehicles’ residual values.
Honda and Lexus carried out particularly properly on this 12 months’s awards. “The continued energy of Lexus and Honda underscores an consideration to element and a novel technique by way of product planning and administration,” mentioned Kristen Lanzavecchia, director of buyer success on the ALG division of J.D. Energy.
Click on via our slide present to see every class winner.