In a market where affordability pressures are pushing more customers to weigh the total cost of vehicle ownership, the estimated worth of a vehicle at the end of its lease term, known as a residual value, is a key indicator of long-term resale value and affordability. The J.D. Power 2026 U.S. ALG Residual Value Awards,SM released today, highlight the importance of residual values, with Tesla and Toyota showcasing the strongest results.

Model-Level Residual Value Awards

Model award recipients include:
Toyota: GR Supra, GR86, Camry, Sequoia, Tundra and Tacoma
BMW: 3 Series*, 4 Series* and X1
Lexus: NX, RX and LX
Tesla: Model 3, Model Y and Cybertruck
Chevrolet: Corvette and Silverado 3500 HD
Mercedes-Benz: AMG GT 4-DOOR and Sprinter
Subaru: Crosstrek and Solterra
Acura: Integra
Audi: A6
Cadillac: CT4*
Ford: Bronco
Honda: Civic
Jeep: Wrangler
Kia: Carnival
*Tied for first place, Compact Premium Car
The J.D. Power U.S. ALG Residual Value Awards are the automotive industry’s standard in recognizing vehicle models projected to hold the highest percentage of their manufacturer’s suggested retail price at open auction after 3 years of ownership. A key indicator of brand health, RVs form a major component in the way automakers set the leasing cost of their vehicles. A strong RV underscores an automaker’s success in vehicle execution and market strategy, as well as the overall desirability of its brand.
Numerous variables affect the actual residual value of a vehicle over a multi-year lease term. Among them are mileage and condition; features and pricing; vehicle execution; used supply; market strategy; seasonality; and macroeconomic factors. These inputs require close accounting to accurately forecast residual values, so manufacturers and lenders with a greater understanding of each factor can equip themselves to optimize their leasing strategies. The combination of J.D. Power’s extensive transaction data and ALG’s deep experience in residual values allows for even more accurate end-of-lease forecasting capabilities.
