If you're like most people, you spend a lot of time thinking about your new car before you sign for the keys. During that process, you probably consider a host of things like fuel economy, safety ratings, and tech features.
But what about residual value? Eventually, you're going to want to sell or trade in your new ride for another one. Wouldn't you rather have a vehicle that retains at least some of the cash you've invested in it?
ALG thinks you do, and so, every year, it presents awards to the cars and trucks that are likely to hold their value the longest. This morning, the firm published its latest list of winners.
This iteration of ALG's Residual Value Awards doled out trophies in 26 vehicle segments, from subcompact cars to full-size commercial vans. The trophies went to those models that were expected to retain the highest portion of their MSRP over the coming three years. All of this year's winners were based on 2015 models.
As you can see from the infographic above, Toyota was the clear winner in the mainstream category, walking away with five of the 17 awards up for grabs. Winning models included the Prius V (alt-fuel vehicle), Highlander (midsize utility, three-row), 4Runner (offroad utility), Tacoma (midsize pickup), Tundra (fullsize pickup).
Honda and Subaru tied for second place, with each picking up three awards. Chevrolet, Dodge, Ford, Mazda, Mercedes-Benz, and MINI earned one award apiece.
In the premium category, Toyota performed well, too, with Lexus nabbing two of the nine awards in that field and Toyota's Land Cruiser taking one, too. However, Land Rover was judged to be the premium category's overall winner. According to ALG's Larry Dominique, that's because of strong demand for Land Rover models, which he credits not only to great design, but also to smart production tactics:
"With some models like the Range Rover Sport, we’re seeing vehicles on the dealer lot for just 13 days on average – far below the industry’s 65-day average. Some Land Rover models are in such high demand that they’re selling above MSRP – a remarkable achievement that’s only possible with manufacturer restraint and a tightly controlled supply chain."
The complete list of winners for the 2015 model year is as follows:
Mainstream Brand Overall: Toyota
Subcompact Car: Honda Fit
Compact Car: Mazda3
Midsize Car: Subaru Legacy
Fullsize Car: Dodge Charger
Sports Car: Subaru WRX
Alt-Fuel Vehicle: Toyota Prius V
Minivan: Honda Odyssey
Subcompact Utility Vehicle: MINI Countryman
Compact Utility Vehicle: Honda CR-V
Midsize Utility Vehicle - 2 Row: Subaru Outback
Midsize Utility Vehicle - 3 Row: Toyota Highlander
Fullsize Utility Vehicle: Chevrolet Tahoe
Off-Road Utility Vehicle: Toyota 4Runner
Midsize Pickup: Toyota Tacoma
Fullsize Pickup: Toyota Tundra
Midsize Commercial Van: Ford Transit Connect
Fullsize Commercial Van: Mercedes-Benz Sprinter
Premium Brand Overall: Land Rover
Premium Compact Car: MINI Hardtop
Premium Midsize Car: Lexus IS
Premium Fullsize Car: Hyundai Genesis
Premium Executive Car: Porsche Panamera
Premium Sports Car: Audi TT
Premium Compact Utility Vehicle: Porsche Macan
Premium Midsize Utility Vehicle - 2 Row: Land Rover Range Rover Sport
Premium Midsize Utility Vehicle - 3 Row: Lexus GX
Premium Fullsize Utility Vehicle: Toyota Land Cruiser
As you can see from the infographic, over the 15 years that ALG has published its lists of winners, Toyota has nabbed an impressive 59 trophies, with Honda earning 33.