Automotive Lease Guide: Residual Value Awards
02-02-2009, 12:09 PM
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Automotive Lease Guide: Residual Value Awards
And the Winner for Highest Residual Value in the Luxury Brand category for 2009 is......
https://www.alg.com/ResidualValueAwards
02-02-2009, 01:10 PM
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What? No Hyundai?
02-02-2009, 01:36 PM
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You'll note that acura doesn't win any of the categories. Near luxury = 1series (duh...it's a brand new model so there is a limited used market) and Luxury goes to the LS460 (If I were in the market for a plain old touring Sedan...this would be my pick).
Then you get into the semantics of what Luxury is. For me the only brand on any of those lists that is really Luxury is Lexus: I have never been treated better at any dealership compared to when I owned my Lexus. Porsche would come a close second, but Lexus was amazingly nice to me.
Then you get into the semantics of what Luxury is. For me the only brand on any of those lists that is really Luxury is Lexus: I have never been treated better at any dealership compared to when I owned my Lexus. Porsche would come a close second, but Lexus was amazingly nice to me.
02-02-2009, 04:05 PM
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Man, that's awesome. When I was looking to purchase my Acura TL, I was originally looking at used TL's because my previous car was a used/program car. I had a good experience with it, so why not try it again. But when I started researching the used TL's online, I realized for approximately another $1,000, I could get a new TL as opposed to a used on. This reinforces what I did when I bought my car.
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02-02-2009, 05:00 PM
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That is impressive. A lot of this speaks to the durability and quality of the vehicles themselves and also to the fact that the lease specials offered by AHFC are not as 'good' as those for companies like VW, Audi, BMW, MB because they do not discount the vehicle as much either through inflating the residual or lowering the money factor. So, in reality, while you guys like the fact that these vehicles are rated to hold such a high residual value it actually makes it much more expensive for you to lease one of them even if it makes it easier to get out of your lease early. So for those who buy used or get a good deal on one new it's nice but for leasing it's not. Having strong lease programs is one thing that would help Acura to increase sales.
Still, that's why I keep my Acura because it is so well built.
Still, that's why I keep my Acura because it is so well built.
02-02-2009, 05:25 PM
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That is impressive. A lot of this speaks to the durability and quality of the vehicles themselves and also to the fact that the lease specials offered by AHFC are not as 'good' as those for companies like VW, Audi, BMW, MB because they do not discount the vehicle as much either through inflating the residual or lowering the money factor. So, in reality, while you guys like the fact that these vehicles are rated to hold such a high residual value it actually makes it much more expensive for you to lease one of them even if it makes it easier to get out of your lease early. So for those who buy used or get a good deal on one new it's nice but for leasing it's not. Having strong lease programs is one thing that would help Acura to increase sales.
Still, that's why I keep my Acura because it is so well built.
Still, that's why I keep my Acura because it is so well built.
02-02-2009, 05:46 PM
#10
[QUOTE=S2000 Driver;10470100]Now where did I leave that can......
Why do some people buy an Acura if all they do is bash the brand?
On anothe note:
BTW, I know a couple of guys at work who tried to lease a Mercury and a Buick. Neither American car dealer wanted lease the vehicle. They made the money factor so insane that buying was the obvious choice. I imagine that the dealers wouldn't take the chance that the residual value would come out to what they calculated - even though the theorical residuals (provided by dealer) on both were terrible compared to Acura.
I appreciate what the last poster said about higher cost of leasing but when the residual value is 60% for the Acura vs. 43% for the American, we're talking a $6K - $7K difference.
Why do some people buy an Acura if all they do is bash the brand?
On anothe note:
BTW, I know a couple of guys at work who tried to lease a Mercury and a Buick. Neither American car dealer wanted lease the vehicle. They made the money factor so insane that buying was the obvious choice. I imagine that the dealers wouldn't take the chance that the residual value would come out to what they calculated - even though the theorical residuals (provided by dealer) on both were terrible compared to Acura.
I appreciate what the last poster said about higher cost of leasing but when the residual value is 60% for the Acura vs. 43% for the American, we're talking a $6K - $7K difference.
02-03-2009, 09:11 AM
#11
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I call "bullsh-t" on this study (not the forum post).
For those that have some time, try to lease a 2009 Audi A6 (3.2 or 3.0T). Tell me the residual percentage of that car, which sits about midway in the Audi range.
For those that have some time, try to lease a 2009 Audi A6 (3.2 or 3.0T). Tell me the residual percentage of that car, which sits about midway in the Audi range.
02-03-2009, 11:31 AM
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Not sure what you mean by that. The higher the residual when you lease the lower your payments (generally) and the lower your residual the higher your payments (generally). Of course, those residuals are set by the leasing company and do not have to have anything to do with reality. That's why when you lease a BMW there's almost no way to ever get out of your lease early.
02-04-2009, 06:24 PM
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6G TLX-S
The A6 is never a hot seller in the used car market. The A4 is. This fact may influence the residual % of the car.
11-18-2010, 09:10 AM
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2011
Acura announced today that the TL performance luxury sedan received the 2011 ALG Residual Value Award for Best Near Luxury Car. The ALG Residual Value Awards recognize the vehicle in each industry segment that is predicted to retain the highest percentage of original purchase price after a conventional 3-year period.
"It is an honor to win our fourth ALG Residual Value Award for the Acura TL," said Jeff Conrad, vice president of Acura sales. "The Acura TL combines the best of advanced technology, luxury, performance and quality at an unbeatable value".
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.
"The TL offers an unmatched combination of size, technology and sportiness that buyers love," said Raj Sundaram, SVP, ALG. "Acura's value pricing was also a major factor in the TL claiming the top spot in the near luxury category."
Acura
Acura offers a full line of technologically advanced performance luxury vehicles through a network of 270 dealers within the United States. The 2011 Acura lineup features 6 distinctive models including the RL luxury performance sedan, the TL performance luxury sedan, the TSX sports sedan, the turbocharged RDX luxury crossover SUV, the MDX luxury sport utility vehicle and the all-new ZDX 4-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).
For media information and high-resolution photos of all Acura vehicles, please visit www.acuranews.com. For consumer information, please visit www.acura.com.
12-06-2010, 04:06 PM
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2010 TL AWD 6MT: New King
^Good to know. Even amidst the polarizing exterior styling, it appears that ALG has the foresight and brains to view the TL with neutrality from an engineering and financial standpoint. 
12-06-2010, 10:41 PM
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"Near" luxury? Catty bitches.
I think they need better segmentation, especially in this economy.
Starting at $65K for an LS, I'd expect more than luxury, I'd expect PREMIUM luxury.
For those that would say makes like Bentley, etc. fit the "Premium" luxury types of cars, that's exotic to me.
But the TL as "near" luxury?
*eyeroll*
It's solidly a luxury vehicle.
You go, Acura! You go!
I think they need better segmentation, especially in this economy.
Starting at $65K for an LS, I'd expect more than luxury, I'd expect PREMIUM luxury.
For those that would say makes like Bentley, etc. fit the "Premium" luxury types of cars, that's exotic to me.
But the TL as "near" luxury?
*eyeroll*
It's solidly a luxury vehicle.
You go, Acura! You go!
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