ALG Names Mercedes-Benz Top Luxury Brand for Residual Value

ALG, a leading residual value forecaster for cars and trucks sold in North America, has named Mercedes-Benz the top premium brand for offering vehicles “that are forecast to retain the highest percentage of their Manufacturer’s Suggested Retail Price (MSRP) after a three-year period.”

Mercedes-Benz’s win ends a seven-year streak of top residual value honors going to Japanese premium automakers. Acura was ALG’s top premium brand last year; Mercedes-Benz ranked fifth.

The annual Residual Value Awards not only congratulate entire makes, but also individual models in 24 respective sales categories. The Mercedes-Benz CLA-Class won the 2014 ALG Residual Value Award in the premium compact car segment.

Bottom line: It’s time to lease a Benz.

sources [Automotive News, ALG]

images [Mercedes-Benz]