Genesis wins 2015 ALG Residual Value Award

[ksoze]

First time making the list - Hyundai Genesis (Premium Fullsize Car). Followed by the Volvo XC70 and Lexus GS.

ALG's Residual Value Awards (RVA) recognize vehicles in 26 segments – including midsize and full-size commercial vans for the first time – that are forecast to retain the highest percentage of their Manufacturer's Suggested Retail Price (MSRP) after a three-year period. This year's recipients were chosen from 2015 model year vehicles on sale that have shown strong value in their competitive segments. The awards will be presented to automakers this week at the Los Angeles Auto Show.

http://www.autoblog.com/2014/11/18/land-rover-toyota-alg-top-resale-value-awards/

https://www.alg.com/residual-value-awards/

 

[BRJACKET]

This is excellent news. I couldn't find any prediction of how much value it will hold. Did anyone see this?

 

[Alwaysforward]

Yes and you are correct. This is awesome news.

 

[Midnightsun]

The Gen 1 faired rather poorly as is to be expected in the "Luxury" class. They based the award on previous non luxury Hyundais of the past which did well which is totally irrelevant and then use a crystal ball to forecast the Gen2 to do well when it was just barely released? Sorry but this award is as useless as mudguards on a tortoise although owning one you want to think it means something good right?

 

[Alwaysforward]

You are correct Midnightsun but in my case it won't much matter anyhow as I plan on driving it until just before my extended warranty runs out then buy a new one...