The ALG 2019 Canadian Residual Value Awards are in and Subaru, Mercedes-Benz, and Land Rover models lead the way.
Four Subaru models won their respective categories with four Mercedes-Benz and three Land Rover vehicles doing the same in their own segments.
The ALG Canadian Residual Value Awards predict which vehicle will retain the highest percentage of its original value after three years in each segment.
The results are based on a combination of product competitiveness, pre-owned vehicle data and each brand’s outlook.
Subaru won the Top Mainstream Brand Residual Award while Land Rover took the Top Premium Brand Residual Award for the fourth time. Audi won the residual award for premium brands last year while Subaru has been recognized as having the best resale value for the last five years.
The ALG Canadian Residual Value Awards are an indicator of a brand’s overall health as well as the automaker’s capacity to manage new vehicle incentives and rebates against future resale values. They provide new vehicle buyers with an certain expectation of future resale or trade-in value, an important consideration for consumers concerned with depreciation.
Here are the 27 vehicles with the best resale value in their respective segments in Canada for 2019.
Mainstream Utility Vehicles
Full-size: Toyota Tundra
Midsize: Toyota Tacoma
Compact: Mercedes-Benz CLA
Midsize: Infiniti Q50
Full-size: Genesis G80
Executive: Mercedes-Benz S-Class
Sportscar: Jaguar F-Type
Premium Utility Vehicles
Compact Utility: Volvo XC60
Midsize 2-Row: Land Rover Range Rover Sport
Midsize 3-Row: Land Rover Discovery
Full-size: Land Rover Range Rover
Minivan: Honda Odyssey
Midsize Commercial: Mercedes-Benz Metris
Full-size Commercial: Mercedes-Benz Sprinter