Seven Toyota models receive a J.D. Power 2021 Canada ALG Residual Value Award
Seven Toyota vehicles were named best in class when it comes to residual value in the recent J.D. Power 2021 Canada ALG Residual Value Awards, while also being named the best Mainstream Brand when it comes to residual value.
Residual value is the portion of the vehicle’s original value that is preserved after four years. That means that vehicles with a high residual value enjoy better resale values and provide better value overall to their owner.
Here are the 7 Toyota models that won their respective segments for residual value.
- Compact: Toyota Corolla
- Compact Utility: Toyota RAV4 (2nd consecutive year)
- Fullsize: Toyota Avalon
- Fullsize Pickup: Toyota Tundra (12th consecutive year)
- Midsize Pickup: Toyota Tacoma (11th consecutive year)
- Midsize Utility 3rd row seating: Toyota Highlander (2nd consecutive year)
- Off-Road Utility: Toyota 4Runner (2nd consecutive year)
“Toyota Canada is honoured by the recognition and by the continued trust and confidence customers have in our brands,” said Larry Hutchinson, President & CEO, Toyota Canada Inc.“A vehicle’s depreciation is a large part of the ownership cost and our retained value leadership is another reason our customers and guests choose our vehicles.”
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