ALG is like the psychic of the automotive world.
Through its creepily accurate vehicle value predictions, ALG has revealed automotive insights to automakers and consumers alike for almost half of a century now.
For the last fourteen years, ALG has made a ceremony of its predictions with the ALG Annual Residual Value Awards.
Those vehicles that are predicted to keep the highest percentage of Manufacturer’s Suggested Retail Price (MSRP) in their segments after three years are recognized and rewarded.
Segments include Sub Compact Car, Compact Car, Midsize Car, Fullsize Car, Sports Car, Alt-Fuel Vehicle, Minivan, Sub Compact Utility Vehicle, Compact Utility Vehicle, Midsize Utility Vehicle, Fullsize Utility Vehicle, Midsize Pickup, Fullsize Pickup, Premium Compact Car, Premium Midsize Car, Premium Fullsize Car, Premium Executive, Premium Sports Car, Premium Alt-Fuel Vehicle, Premium Compact Utility Vehicle, Premium Midsize Utility Vehicle, and Premium Fullsize Utility Vehicle.
ALG examined 2013 vehicles with a thorough assessment in many categories, such as historical performance, industry trends, and segment competition.
It was a good year for MINI.
The MINI Cooper took the Premium Compact Car Residual Value Award, while the MINI Cooper Countryman claimed the Sub Compact Utility Vehicle Residual Value Award.
A Residual Value Award is a pretty big deal.
Considering critical elements like brand desirability, durability, and quality, residual value almost entirely reflects the value of a vehicle, according to ALG President Larry Dominique.
“The Residual Value Awards measure the most important brand performance metric—the statement consumers make with their wallets when they purchase a vehicle.”
MINI of Pittsburgh Blog 