Toyota Brings Home 7 ALG Retained Value Awards

February 16th, 2022 by

Toyota’s have been widely regarded as the best vehicles for retaining their value over time, and these latest awards from J.D. Power confirm that! It’s a mix of Toyota’s strong manufacturing, and the dedication to regular service and maintenance over time that keeps Toyota’s running like new, even hundreds of thousands of kilometers into a vehicle’s life. Earlier this month, Toyota was deemed the “big winner” for resale value in Canada in the J.D. Power 2022 Canada ALG Residual Value Awards.
 
These awards are used to recognize vehicles in each different segment that are projected to hold the highest percentage of their MSRP (manufacturer’s suggested retail price) after four years for mass-market vehicles. In the 2022 awards, 16 different brands took home awards in 29 segments, with 7 different Toyota models winning their respective segments.
 
The company evaluates a total of 274 model lines. Through a strict process that involves the analysis of used-vehicle performance, overall brand outlook, and product competitiveness. To be considered, a brand must have model entries in at least four different segments. The model lines are weighted by the percentage share of trim levels, to account for differences across the trims.
 
Winner in the Passenger Car segment

  • Midsize: Toyota Camry

 

Winners in the Utility Vehicle segment

  • Compact Utility: Toyota RAV4
  • Midsize Utility 3-Row Seating: Toyota Highlander
  • Off-Road Utility: Toyota 4Runner

 

Winners in the Electric, Pickup and Van Segments

  • Full-size Pickup: Toyota Tundra
  • Midsize Pickup: Toyota Tacoma
  • Minivan: Toyota Sienna

 

As demonstrated in the latest J.D. Power awards, regardless of what Toyota you’re looking to buy, we have award winners in almost every possible segment, with fan favourites such as the RAV4 and Camry winning their segment year after year. If you’d like to experience the Toyota difference today, get in touch with one of our product advisors. They’d be happy to help you find the perfect Toyota model for you!

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