2010 Honda Fit SportEnlarge Photo
ALG, a respected authority for residual values and depreciation data, and the leader for establishing the residuals that are used to determine new-car leasing rates, has named Subaru its top-rated brand for 2011.
That's great news for Subaru and Subaru shoppers, as quiet simply, the better a vehicle rates in residual value, the less it will cost to lease, and even if you buy, ownership costs are likely to be lower over the long run, as you'll get more money on trade.
Subaru edged out Honda, which ranked a strong second place. Mazda ranked third among mainstream brands.
"The sustained high quality of Subaru's products, as well as its consistent message about the benefits of all-wheel drive, continue to inspire a remarkable loyalty among its customer base," said Raj Sundaram, the company's senior VP. "This has allowed Subaru to achieve strong sales growth without relying on heavy discounting or fleet sales, which is another key to its ranking atop the mainstream brands again this year."
Honda has two winners: its Honda Fit, in the Sub Compact Car category, and the new 2011 Honda Odyssey minivan. Nissan was also a high achiever, both the Maxima (Fullsize Car) and GT-R (Luxury Sports Car) garnering the best residual values in their segments.
Among luxury brands, Infiniti ranked at the top and was significantly improved from last year. ALG pointed to the strong foundation the G35 sedan has given the brand, as well as the QX56 SUV, which it noted is priced lower than rival models. Acura was the second-place luxury brand, followed by Lexus.
Hyundai ranked in the Residual Value Awards for the first time for its Elantra, which topped the Compact Car category—likely surpassing longtime high-achievers such as the Honda Civic and Toyota Corolla.
ALG noted that domestic brands still aren't leading many segments; the Ford F-Series Super Duty remained the only domestic-brand winner for the second year in a row.
Here's the complete list of 2011 winners:
Sub Compact Car: Honda Fit
Compact Car: Hyundai Elantra
Midsize Car: Subaru Legacy
Fullsize Car: Nissan Maxima
Sporty Car: MINI Cooper Countryman
Alternative Powertrain: Volkswagen Golf TDI
MPV: Honda Odyssey
Compact Utility: Subaru Forester
Midsize Utility: Subaru Outback
Fullsize Utility: Mazda CX-9
Midsize Pickup: Toyota Tacoma
Fullsize Pickup: Ford F-Series Super Duty
Near Luxury Car: Acura TL
Luxury Car: Lexus LS 460
Luxury Sportscar: Nissan GT-R
Luxury Alt-Fuel: Mercedes-Benz E 350 BlueTec
Luxury Compact Utility: BMW X3
Luxury Midsize Utility: Land Rover Range Rover Sport
Luxury Fullsize Utility: Infiniti QX56