#ALG

There’s good news for people thinking about jumping into the used car market.

Residual value is one of the most important factors to consider when obtaining a new vehicle, especially if you plan on leasing. How much it’s worth at the end of the contract has a huge impact on how much you’ll be paying each month. Which cars on the market today hold their value best? The folks at ALG have it all figured out. In no particular order, here they are.

Perception of a car brand is important to drive sales, and the majority of folks believe that  Honda has the best quality among mass-market brands while  Mercedes sits atop the luxury brands.

Honda and Toyota both earned bragging rights this year for offering products with strong residual value over the competition.

ALG, a company best known for predicting residual values on vehicles in its automotive lease guides, also conducts ‘Perceived Quality’ studies. And the findings of its most recent one (Spring 2011); indicated that of all automakers that sell cars and trucks in the U.S., the most improved in the mainstream category was Kia Motors.