Infiniti G35 among the best cars for retaining value
New York (CNN/Money) Automotive Lease Guide. a privately held company that has been forecasting
automotive residual values for more than 35 years, gave the top spot to
Honda
for the second straight year, as the Odyssey won the award for best retained
value in the minivan segment and its CR-V won in the compact sport/utility
vehicle segment.
Residual value is closely related to resale value, but the latter is more
of a retail price measure while residual value is more of a reading on
wholesale price.
Honda Motor is makes both the Honda and Acura brands, the latter of which
came in third among luxury brands. In addition to the overall company being
ranked No. 1, the Honda brand is the top brand for residual value. Toyota is
No. 2 and Nissan No. 3, followed by Volkswagen. Jeep, a brand of
DaimlerChrysler, is the best traditional U.S. brand at No. 5. Most U.S. brands
were ranked below average in retained value, as were the two major Korean
brands, Hyundai and Kia, as well as the small Japanese brands.
Toyota Motor Corp. won four individual segments, as the Tacoma had
the best retained value among compact trucks, the Sequoia was tops among
fullsize SUVs, the 4Runner for the midsize SUV Segment, and the Tundra for
fullsize trucks.
Nissan Motor Co. won the midsize car segment award for the Altima,
displacing Honda's Accord, which took that segment award last year. The
Infiniti G35, also produced by Nissan Motors, won the near luxury segment.
German automakers took the award for best retained value for the more
expensive models, as BMW was the best luxury brand overall, although the
Mercedes CLK had the best retained value of any one luxury model. Mercedes is
a unit of
DaimlerChrysler, which also owns Chrysler Group.
The Mercedes SLK also won the sports car segment award, while the Cooper
Mini, which is made by BMW, had the best retained value of any compact car for
the third year in a row.
The closest a U.S. brand came to winning an award is Swedish automaker
Volvo, owned by
Ford Motor Co. , which took the award for best retained value among
crossover utility vehicles for its XC90.
Automotive Lease Guide's data is used by the automakers when calculating
the expected value of vehicles they lease out to customers.
"In an era of heavy incentives and discounts, Residual Value excellence
becomes more difficult to achieve," said ALG CEO John Blair. "Both the segment
and brand winners clearly demonstrate that quality products combined with
effective pricing strategies will rise to the top of the charts."
The only good news for U.S. automakers in the report was that, "the gaps
have tightened in all award categories," Blair said.
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