Lease Guide's Third Annual Residual Value Awards For Top Segment Leaders

Automotive Lease Guide Announces Third Annual Residual Value Awards For the Top Segment Leaders

SANTA BARBARA, Calif., July 2 /PRNewswire/ -- Automotive Lease Guide's (ALG) annual award honors those vehicles in each segment predicted to retain the highest percentage of their original price. The awards are arrived at after a careful study of segment competition, historical vehicle performance and industry trends. Award winners are featured on ALG.com, Automotive Digest, and other automotive sites dedicated in bringing the industry's best performing models into the public eye.

Heading the list for the third year in a row is the Honda Motor Company with three segment winners in the Acura MDX for the Compact SUV Segment, the CRV for the Sub Compact SUV Segment and the Odyssey for the Mini Van Segment, a repeat winner for the past three years.

Sharing top honors with Honda is Toyota Motor Company, who produced three segment frontrunners in the Tacoma for the Compact Truck Segment, Sequoia for the Full Size SUV Segment and the Tundra for the Full Size Truck Segment, also a repeat segment leader from last year.

Other repeat winners from the 1999 and 2000 Residual Value Awards include the Luxury Car Segment's Mercedes CLK, the Compact Car Segment's Volkswagen Beetle, and the Volkswagen Passat for the Mid Size Car Segment. New additions to this year's Residual Value Awards include the Porsche 911 for the Sports Car Segment, and the BMW 3 Series in the Near Luxury Segment.

"Residual Value performance has been a very important topic this year and to focus attention on the industry's best performing models is timely," said ALG's Vice President, Raj Sundaram.

Based in Santa Barbara, California, Automotive Lease Guide is a privately held company that has been forecasting automotive residual values for over 35 years in both the US and Canadian markets.

Please visit us at www.alg.com to learn more about the 2001 Residual Value Awards, or any of ALG's other products and services.