Land Rover Dallas is proud to proclaim that the highly capable and luxurious Range Rover Sport has been blessed with two 2015 ALG Residual Value Awards for “Best Premium Brand” and “Best Midsize Utility Vehicle – 2 Row” for the 2015! This marks the ninth win in ten years for the Range Rover Sport which is highly impressive to say the least.
ALG is the industry benchmark for residual values and depreciation data, and recognize automakers’ outstanding achievements for vehicles that are predicted to retain the highest percentage of their original price after a conventional three-year period. Awards are given in 26 vehicle categories and also for the two brands with the highest overall predicted residual values among all mainstream and all premium vehicles.
Models such as the Range Rover Sport have been on the dealer lot for only an average of 13 days, versus the industry average of 65 days. Forecasts of residual values are important because they are the basis for many lease programs. Financing companies that write leases use those forecasts to determine how much of a vehicle’s value has to be paid for over the month of a lease.
“For Land Rover to be named Best Premium Brand by ALG in such a competitive segment is a real honor and testament to the quality, design and value we provide with each model in our family of vehicles, said Kim McCullough, Vice President of Marketing, Jaguar Land Rover North America. “We’re also thrilled to see the Range Rover Sport win its ninth award, proving to be our strongest residual value model, as well as the best-selling model for Land Rover here in the U.S.”
The second-generation Range Rover Sport is the fastest, most agile and responsive Land Rover vehicle ye, and delivers outstanding on-road dynamics with genuine Land Rover all-terrain capability. The technologically advanced Range Rover Sport demonstrates a bold and aggressive exterior as well as a lush and opulent interior with the option of 5+2 third row seating.
“Land Rover’s extremely strong brand stands for unparalleled capability paired with ultimate luxury. This brand equity helps maintain strategies like low incentives that help to bolster residual values year after year,” said Larry Dominique, President of ALG. “In addition, the Range Rover Sport has had a remarkable run of Residual Value Awards, with nine in the past decade, it’s one of the best examples of Land Rover’s mix of luxury, style and capability over any terrain.”
If you are keen on getting your hands on the wheel of the prestigious and award-winning Range Rover Sport or any other of our outstanding luxury SUVs, then we invite you to come spend an afternoon with us here at Land Rover Dallas and we will most certainly get you started on what is sure to be an epic adventure.
We look forward to seeing you on our showroom floor soon!