These Vehicles Offer the Best Residual Value in 2022, According to ALG

Each year, ALG, a division of J.D. Power that specializes in projecting vehicle residual values, compiles a list of the models that retain the best value in the market after a few years on the road. Specifically, the analysis looks at four-year-old mass-market vehicles and three-year-old luxury models. For their models to be considered, a manufacturer must present at least one vehicle in four different categories.

The tool is available to all, and is used by dealers to promote some of their products, but also by consumers who can evaluate which vehicles offer the best deals.

The organization has just named its winners of what it calls the J.D. Power Canada ALG Residual Value Awards. For 2022, 274 models were evaluated and at the end of the day, 16 different brands saw one of their vehicles lead their category. In all, 29 segments have one of their representatives chosen as the one offering the most attractive residual value.

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This year, and this will surprise no one, one automaker in particular stands out in the study that rates resale value: Toyota and its luxury division, Lexus. In all, seven Toyota and three Lexus models topped their respective categories. Congratulations to the Camry, RAV4, Highlander, 4Runner, Tundra, Tacoma and Sienna minivan for Toyota.

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