Hyundai’s commitment to improving residual value paid big dividends today when ALG, a subsidiary of TrueCar, Inc., released the winners of their 14th annual Residual Value Awards. For the second year in a row, the Santa Fe Sport took top place in the midsize utility vehicle segment and the Accent placed best in the subcompact category.
“Hyundai has made great strides in residual values in recent years,” said Eric Lyman, vice president of Editorial, ALG. “The Accent and Santa Fe Sport are great examples of how the brand’s strong emphasis on feature content and value for the money helps avoid the use of purchase incentives, bolstering resale values and keeping owners happy when it comes time to sell their vehicles.”
ALG’s Residual Value Awards honor the vehicles in each segment that are predicted to retain the highest residual value percentage of their original MSRP after a conventional three-year ownership period. This year’s winners were chosen after consideration of segment competition, historical vehicle performance and industry trends.
“Hyundai is committed to becoming an industry leader in the areas of reliability, safety, design and cost of ownership, the primary components of value,” said Mike O’Brien, vice president, Product and Corporate Planning, Hyundai Motor America. “Receiving these awards from ALG acknowledges this promise to customer satisfaction, and speaks to Hyundai’s incredible value for money.”
These two ALG Residual Value awards join five others that Hyundai has received over the past three years. Santa Fe Sport, Azera and Elantra all received Residual Value honors last year. Elantra was also recognized by ALG for the 2011 and 2012 model years.
Now in its third-generation, the Santa Fe Sport is one of Hyundai’s most award-winning models. Built for today’s family, the vehicle showcases Hyundai’s cutting-edge capabilities through its bold design, impressive fuel economy, class-leading safety features and standard amenities. The Accent is Hyundai’s award-winning subcompact car, which continues to defy convention by offering extraordinary value and class-above features to subcompact car shoppers.