Subaru Captures Multiple 2012 ALG Residual Value Awards
Subaru Pacific is the latest addition to the LAcarGUY family of dealers and now, Subaru of America is proud to announce that it has received three Residual Value Awards from ALG, the industry benchmark for residual values and depreciation data. The ALG Residual Value Awards recognizes annually the vehicles predicted to retain the highest percentage of original price after a three-year period.
Claiming Best Mainstream Brand for third year in a row, Subaru also earned Best Midsize Utility Vehicle and Best Midsize Car for the 2012 Subaru Outback and the 2012 Subaru Legacy, respectively. Award winners are determined through careful study of the competition in each segment, historical vehicle performance and industry trends. Vehicle quality, production levels relative to demand, and pricing and marketing strategies remain the key factors that affect ALG’s residual value forecasts.
“The Legacy’s standard all-wheel drive, above average fuel economy and spacious interior appeal to a wide swath of the market, helping to keep demand high,” said Raj Sundaram, for ALG. “With the bawny new generation of Outback, Subaru continues to build on its reputation for delivering what consumers want in a crossover, the handling of a car with great utility and roomy interiors.”
“Subaru is proud to be recognized as a brand that builds safe and reliable vehicles that deliver on our mobility promise and retain value for our owners,” said Thomas J. Doll, executive vice president and chief operating officer, Subaru of America, Inc. “We are honored to have, again, received ALG Residual Value Awards for our brand and two of our popular Symmetrical All-Wheel Drive vehicles.”
Of the Best Mainstream Brand win, ALG remarked: “Subaru continues to draw fiercely loyal devotees who appreciate the brand’s strong quality and ability to remain practical yet progressive in its redesigns. Dependably low incentives and fleet sales have also enhanced its used market image, helping it to maintain the top spot for mainstream brand for the third year in a row.”