Canadian Residual Value Awards for Segment Leaders and Top Brands Overall

This article is about the Automotive Leasing Group , based in Santa Barbara ,CA that works out residual values for vehicles. Residual values are the expected values of vehicles when the lease is finished. It helps to determine lease rates, and expected sales numbers at the returns of leases. Why Canada? It popped up, and the Nissan GT-R was included in the list of vehicles expected to keep a high residual value.

ALG today announced its Canadian Residual Value Awards, honoring the vehicles in each segment that are predicted to retain the highest percentage of their original price after a conventional retail lease. The awards are based on 2009 model year vehicles. ALG also has included awards for the brands that have the highest overall predicted resale values among all mainstream and all luxury vehicles. The awards are derived after carefully studying segment competition, historical vehicle performance and industry trends, and are based on analysis using only Canada-specific data. Nissan Canada Inc. received four segment Residual Value Awards, for the Maxima (Full Size Car); the GT-R (Luxury Sports Car); the Rogue (Compact Utility Vehicle); and the Murano (Midsize Utility Vehicle).

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 37 years in both the U.S. and Canadian markets. ALG is a company of DealerTrack Holdings, Inc. (Nasdaq: TRAK).

Source : Trading

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Item Reviewed: Canadian Residual Value Awards for Segment Leaders and Top Brands Overall Rating: 5 Reviewed By: Sean Morris