The ALG is a group that specializes in automotive residual value projections in North America. They analyze almost 2,500 vehicles every year to determine residual value. This is determined by analyzing used car inventory, brand strength, macroeconomic conditions, incentive spending, and pricing. ALG is the standard for residual values and depreciation data.
The annual ALG Residual Value Awards strive to recognize automakers for their incredible achievements for vehicles that are predicted to have the highest percentage of their original price after three years. ALG Residual Value Awards are handed out in 26 different categories and the two brands that are predicted to have the highest overall residual values among mainstream and premium vehicles.
Jaguar Land Rover has proudly brought home five 2016 ALG Residual Value Awards.
Land Rover was awarded the Premium Brand Award and three 2017 Land Rover vehicles were awarded category leaders. The Discovery Sport came away as the Best Premium Compact Utility, the Range Rover Sport came away as the Best Premium Full-Size Utility, and the Range Rover Sport came away with the Best Premium Mid-Size Utility.
“It is an honor to have Land Rover named Best Premium Brand by ALG for the third consecutive year,” Kim McCullough, Vice President of Marketing for Jaguar Land Rover North America, says, “Also having the Range Rover, Range Rover Sport, Discovery Sport and the Jaguar XE all awarded as ALG category winners is a testament to the quality, design, innovation, and value that our two iconic brands offer to customers.”
Most impressive, the Range Rover Sport won the Best Premium Mid-Size Utility category for the tenth year in a row.
If you are interested in learning more about, or test driving, a Jaguar or Land Rover, contact us today! At Jaguar Land Rover Austin we are just a phone call away from putting you in your dream vehicle!