Mercedes-Benz wins the Luxury Brand Residual Value Award
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Mercedes-Benz wins the Luxury Brand Residual Value Award
The ALG (Automotive Lease Guide) has announced its annual Residual Value Awards which "honor those vehicles in each segment predicted to retain the highest percentage of their original price," the company said in a press release.
Mercedes-Benz, Wins the Luxury Brand Residual Value Award in addition, the Mercedes-Benz CLK wins the individual award for the Luxury Car Segment.
Summary of 2002 Residual Value Award Winners:
Luxury Brand Residual Value Award - Mercedes-Benz
Industry Brand Residual Value Award - Volkswagen of America
Luxury Car -Mercedes-Benz CLK
Midsize Car - Volkswagen Passat
Compact Car - MINI Cooper
Sports Car -Porsche 911
Near Luxury Car - BMW 3 Series
Minivan - Honda Odyssey
Sub Compact SUV - Honda CR-V
Compact SUV - Acura MDX
Fullsize SUV - Toyota Sequoia
Compact Truck - Toyota Tacoma
Fullsize Truck - Toyota Tundra
Luxury Brand Residual Value Rankings:
1. MERCEDES-BENZ
2. BMW
3. ACURA
4. LEXUS
5. AUDI
Only brands above the industry average were ranked. Below industry average were the following brands (listed in alphabetical order): Cadillac, Infiniti, Jaguar, Lincoln, Saab, and Volvo.
Industry Brand Residual Value Rankings:
1. VOLKSWAGEN
2. HONDA
3. TOYOTA
4. SUBARU
5. NISSAN
6. JEEP
7. GMC
Only brands above the industry average were ranked. Below industry average were the following brands (listed in alphabetical order): Buick, Chevrolet, Chrysler, Daewoo, Dodge, Ford, Hyundai, Isuzu, Kia, Mazda, Mercury, Mitsubishi, Oldsmobile, Pontiac, Saturn, and Suzuki.
Mercedes-Benz, Wins the Luxury Brand Residual Value Award in addition, the Mercedes-Benz CLK wins the individual award for the Luxury Car Segment.
Summary of 2002 Residual Value Award Winners:
Luxury Brand Residual Value Award - Mercedes-Benz
Industry Brand Residual Value Award - Volkswagen of America
Luxury Car -Mercedes-Benz CLK
Midsize Car - Volkswagen Passat
Compact Car - MINI Cooper
Sports Car -Porsche 911
Near Luxury Car - BMW 3 Series
Minivan - Honda Odyssey
Sub Compact SUV - Honda CR-V
Compact SUV - Acura MDX
Fullsize SUV - Toyota Sequoia
Compact Truck - Toyota Tacoma
Fullsize Truck - Toyota Tundra
Luxury Brand Residual Value Rankings:
1. MERCEDES-BENZ
2. BMW
3. ACURA
4. LEXUS
5. AUDI
Only brands above the industry average were ranked. Below industry average were the following brands (listed in alphabetical order): Cadillac, Infiniti, Jaguar, Lincoln, Saab, and Volvo.
Industry Brand Residual Value Rankings:
1. VOLKSWAGEN
2. HONDA
3. TOYOTA
4. SUBARU
5. NISSAN
6. JEEP
7. GMC
Only brands above the industry average were ranked. Below industry average were the following brands (listed in alphabetical order): Buick, Chevrolet, Chrysler, Daewoo, Dodge, Ford, Hyundai, Isuzu, Kia, Mazda, Mercury, Mitsubishi, Oldsmobile, Pontiac, Saturn, and Suzuki.
MBWorld Fanatic!
Joined: Nov 2001
Posts: 4,329
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From: Sri Lanka
these reports are cool and all but trying to sell a used car these days is hell...because the dealers are giving such good deals on the brand new ones...everyone goes for the new car over the used....
