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Acura Tops Competitors In Long Term Value For Second Consecutive Year
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Date: December 02, 2009 11:14
Submitted by:
JeffX
Source:
Acura Press Release
Credibility Rating:
Not Specified
Acura Wins ALG's 2010 Residual Value Award for Best Luxury Brand
TORRANCE, Calif. - 12/02/2009
Acura announced today that for the second consecutive year it received the Automotive Lease Guide (ALG) 2010 Residual Value Award for Best Luxury Brand. According to ALG, Acura's line of luxury performance vehicles is expected to retain the highest percentage of their original price after a three-year period. Acura beat out other luxury brands such as Audi, BMW, Lexus and Mercedes-Benz for the highly coveted award.
"It is an honor to win the award for Best Luxury Brand a second year in a row," said Jeff Conrad, vice president of Acura sales. "It sends a clear message to our customers that Acura vehicles represent a smart choice in today's luxury market".
Residual value is a measure used to recognize vehicle quality, reliability and overall brand strength. ALG determines the award winners after carefully studying the competition in each segment, historical vehicle performance and industry trends. Key factors that affect ALG's residual value forecasts include vehicle quality, production levels relative to demand, pricing strategies and resale performance.
Acura
Acura offers a full line of technologically advanced performance luxury vehicles through a network of 270 dealers within the United States. The 2010 Acura lineup features six distinctive models including the RL luxury performance sedan, the TL performance luxury sedan, the TSX sports sedan, the turbocharged RDX luxury crossover SUV, the award-winning MDX luxury sport utility vehicle and the all-new ZDX four-door sports coupe.
About ALG
Based in Santa Barbara, California, ALG is a leading provider of data and consulting services to the automotive industry. ALG publishes the "Automotive Lease Guide" – the standard for Residual Value projections in North America, and has been forecasting automotive residual values for over 40 years in both the U.S. and Canadian markets. ALG is a company of DealerTrack Holdings, Inc. (Nasdaq: TRAK).
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Your Feedback
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| Date |
Subject |
User |
| 12-05-2009 07:08 |
If only Acura could win Beauty Contests... (Score: 1, Normal) |
Slawsk |
| 12-07-2009 13:12 |
(Score: 1, Normal) |
TampaRL |
| 12-02-2009 14:34 |
Why would anyone leasing care about residual value? (Score: 1, Normal) |
foyer |
| 12-02-2009 14:49 |
(Score: 1, Normal) |
SHonda |
| 12-02-2009 15:14 |
(Score: 1, Normal) |
montechester |
| 12-02-2009 15:36 |
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RAdams |
| 12-02-2009 16:15 |
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Spearsoft |
| 12-03-2009 14:04 |
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98EX4cyl |
| 12-04-2009 15:28 |
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Nick GravesX |
| 12-02-2009 16:30 |
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longhorn |
| 12-02-2009 18:32 |
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mfman67 |
| 12-05-2009 16:12 |
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redbeard |
| 12-06-2009 21:41 |
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osaze |
| 12-02-2009 13:48 |
No arguments here (Score: 1, Normal) |
Ammo |
| 12-02-2009 20:29 |
(Score: 1, Normal) |
TheGripper |
| 12-04-2009 15:38 |
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Nick GravesX |
| 12-05-2009 08:11 |
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TheGripper |
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