buying: Honda, Lexus top J.D. Power ALG Residual Value awards

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Car resale values are one of those subjects that most everyone has an anecdotal opinion on -- my (insert brand X) holds its value better than your (insert brand Y) -- but they're also something that can be tough to back up unless you've done some serious research. Thankfully, the folks at J.D. Power are willing to slog through that research to give the rest of us some hard data.

If you're looking for an affordable and enjoyable car that will retain its value, then the Honda Civic should be on your shortlist. Craig Cole/Roadshow © Provided by Roadshow If you're looking for an affordable and enjoyable car that will retain its value, then the Honda Civic should be on your shortlist. Craig Cole/Roadshow

The 2022 ALG Residual Value Awards are in, and, according to an announcement made by J.D. Power on Thursday, when it comes to resale values, you still can't beat a Japanese car -- especially if that car is a Honda or a Lexus , which won overall for best mass-market and best premium residual values, respectively.

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Neither of the winners should come as a surprise, but it still makes one wonder how J.D. Power has come up with its results. The winning manufacturer is chosen based on the results of a comparison of 284 models using criteria of used-vehicle performance, brand outlook and product competitiveness. A manufacturer also has to offer models in at least four market segments to even be considered.

If you're looking for an affordable and enjoyable car that will retain its value, then the Honda Civic should be on your shortlist. © Craig Cole/Roadshow

If you're looking for an affordable and enjoyable car that will retain its value, then the Honda Civic should be on your shortlist.

"Accurately forecasting residual values in the auto industry is a key factor in assessing an estimated $225 billion lease portfolio of vehicles in the United States," said Eric Lyman, vice president of ALG. "The brands and vehicle models that rise to the top demonstrate that they score well across the award program's criteria, including manufacturers' superior design and quality."

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Other brands with high-scoring models include Hyundai, which, along with Honda, had three top-scoring models. Brands like Audi, Kia, Land Rover, Mercedes-Benz, Subaru and Toyota each had two top-scoring models.

So, the moral of the story is that if you buy or lease a car and you want something that will retain more of its value, buy a Honda or a Lexus.

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This was originally published on Roadshow.

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Honda: Stap Title The Pay for Confidence in the Engine Program .
© Motorsport Images Max Max Stapen has the Honda era crowned in the formula 1 max stages has in a heartbeat finish in Abu Dhabi its Mercedes competitor Lewis Hamilton cuts up And in the last round for Red Bull and Honda, the Formula 1 World Championship won. According to Honda Formula 1 Technical Chief Toyoharu Tanabe was the ultimate pay for the endless confidence of the Japanese in a successful engine program.

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