Honda, Lexus And Kia Crowned Best Performers In J.D. Power’s Residual Value Awards


J.D. Power’s annual ALG Residual Value Awards has named Honda the best mass-market brand and Lexus the best premium brand.

The annual study looks at the resale values of models that are projected to hold the highest percentage of their manufacturer’s suggested retail price following a three-year period of ownership. This year, some 13 different automakers received awards in the 29 segments that were analyzed. No less than 291 models were considered for the awards.

While Honda was named the best mass-market brand, it was Kia that walked away with the highest number of awards, being named the best option in the small class (Kia Rio), midsize classic (Kia K5), micro SUV segment (Kia Soul), compact SUV (Kia Sportage), and in the midsize SUV 3-Row segment (Kia Telluride).

Elsewhere, Honda walked away with awards in the compact, small SUV, midsize SUV 2-row, and minivan segments with the Civic, HR-V, Passport, and Odyssey respectively. Toyota also performed well and picked up awards for the Tundra (large light-duty pickup), Tacoma (midsize pickup), 4Runner (off-road utility), and Supra (premium compact sports car).

Read: Buick Tops J.D. Power’s Initial Quality Study As American Brands Take The Podium

Among the other brands to receive awards were Land Rover with the Range Rover Velar, Land Rover Discovery, and Range Rover Evoque, Chevrolet with the Bolt EV and Silverado 2500 HD, Lexus with the IS and LX, Mercedes-Benz with the AMG GT 4-Door and Metris, Porsche with the 911 and Macan, Acura with the new Integra, Audi with the A6 Allroad, GMC with the Hummer EV Pickup, Jeep with the Wagoneer, and Subaru with the WRX.

Vice president of J.D. Power’s ALG division Eric Lyman praised the performance of Kia in this year’s results.

“This year’s achievement by Kia speaks volumes about how far the brand has come,” he said. “The marketplace is acknowledging that Kia has a very strong product lineup in terms of design, quality and residual values. Kia has become a force to be reckoned with.”

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