2022 Canada ALG Residual Value Awards Dominated by Toyota Canada Inc. and GM Canada,J.D. Power Finds
Toyota (Mass Market) and Lexus (Premium) Win Brand Awards
TORONTO: 3 Feb. 2022 — ALG, the division of J.D. Power known as the industry benchmark of automotive
residual value projections, today announced recipients of the J.D. Power 2022 Canada ALG Residual ValueAwards, highlighted by Toyota Canada Inc. and GM Canada taking home the most segment awards. Toyota(mass market) and Lexus (premium) won awards for top brands in their respective segments.
“There’s not much brand diversity in the winners for 2022, meaning that the few brands at the top havefound their niche—especially Toyota with its continued dominance in the utility and pickup segments,” said
Eric Lyman, vice president of ALG. “Noteworthy is Chevrolet’s success across a variety of key segments—
EV, fullsize heavy duty pickups and performance sportscar—that showcase the brand’s enviable productdiversity.”
The J.D. Power Canada ALG Residual Value Awards are the automotive leasing industry standard when it
comes to recognizing the vehicles segments that are projected to hold the highest percentage of the
manufacturer’s suggested retail price (MSRP) after a four-year period for mass market vehicles, and after athree-year period for premium vehicles. This is a vital consideration for car buyers when assessing the total
cost of ownership for a particular vehicle whether the vehicle is financed, leased or purchased with cash.
This year’s recipients have shown strong forecasted value in their competitive segments in the Canadianmarket for the mass market and premium segments.
For model-year 2022, 16 different brands won awards in 29 segments. The award process consists ofevaluating 274 model lines through analysis of used-vehicle performance, brand outlook and productcompetitiveness. Eligibility for a brand award requires a manufacturer to have model entries in at least four
different segments. To account for differences across trim levels, model averages are weighted based onpercentage share relative to the entire model line.
Model-Level Residual Value Awards
Toyota has the most model-level awards with seven. Chevrolet and Lexus each have three awards. The
brands with multiple awards are:••••••

Toyota: Camry, RAV4, Highlander, 4Runner, Tundra, Tacoma and Sienna
Chevrolet: Bolt EV, Corvette and Silverado 2500 HD
Lexus: IS, GX and UX
GMC: Yukon and Savana
Mercedes-Benz: AMG GT 4-Door and GLB
Subaru: WRX and Crosstrek

Noteworthy for 2022 the Toyota Sienna beats out perennial winner Honda Odyssey in the minivan segment.
Also of note are the increasingly popular electric vehicle winners, the Chevrolet Bolt EV in the mass market
electric segment and the Porsche Taycan in the premium electric segment.
Numerous variables affect the actual residual value of a vehicle over a multi-year lease term. Examples
include mileage, quality/reliability, options and feature sets and macroeconomic environment. Since thesejdpower.com/businessfactors need to be taken into account in order to accurately forecast residual values, the more granularityand greater the understanding of the effect of each variable, the better equipped manufacturers andlenders are able to maximize profitability. The combination of J.D. Power insights and data with the deep
experience of ALG in residual values allows for even more accurate end-of-lease forecasting capabilities.
To view the online press release, please visit http://www.jdpower.com/pr-id/2022008.
About J.D. PowerJ.D. Power is a global leader in consumer insights, advisory services and data and analytics. A pioneer inthe use of big data, artificial intelligence (AI) and algorithmic modeling capabilities to understandconsumer behavior, J.D. Power has been delivering incisive industry intelligence on customer interactions
with brands and products for more than 50 years. The world's leading businesses across major industries
rely on J.D. Power to guide their customer-facing strategies.
J.D. Power has offices in North America, Europe and Asia Pacific. To learn more about the company’sbusiness offerings, visit https://canada.jdpower.com/.
Media Relations Contacts
Gal Wilder, Cohn & Wolfe; 416-602-4092; gal.wilder@cohnwolfe.ca
Geno Effler, J.D. Power; West Coast; 714-621-6224; media.relations@jdpa.com
About J.D. Power and Advertising/Promotional Rules: www.jdpower.com/business/about-us/pressrelease-info###NOTE: Three charts follow.

Year / Project / Study Name

J.D. Power2022 Canada ALG Residual Value AwardsSM
Top Make-Level Performers
Mass Market: Toyota
Premium: Lexus
Top Model per Segment
Passenger Car Segments
Compact

Premium Fullsize

Volkswagen GTI

Genesis G80

Fullsize

Premium Midsize

Nissan Maxima

Lexus ISMidsize

Premium Sportscar

Toyota Camry

Chevrolet Corvette

Premium Compact

Sportscar

BMW 2 Series

Subaru WRX

Premium Executive

Subcompact

Mercedes-Benz AMG GT 4-DOOR

Kia Rio

Source: J.D. Power 2022 Canada ALG Residual Value Awards SMCharts and graphs extracted from this press release for use by the media must be accompanied by a statement identifying
J.D. Power as the publisher and the study from which it originated as the source. Rankings are based on numerical scores,
and not necessarily on statistical significance. No advertising or other promotional use can be made of the information in th isrelease or J.D. Power survey results without the express prior written consent of J.D. Power.

Year / Project / Study Name

J.D. Power
2022 Canada ALG Residual Value AwardsSM
Top Model per Segment
Utility Vehicle Segments

Compact Utility

Premium Compact Utility

Toyota RAV4

Mercedes-Benz GLB

Fullsize Utility

Premium Fullsize Utility

GMC Yukon

Cadillac Escalade

Micro Utility

Premium Midsize Utility 2-Row Seating

Hyundai Kona

Land Rover Range Rover Sport

Midsize Utility 2-Row Seating

Premium Midsize Utility 3-Row Seating

Honda Passport

Lexus GX

Midsize Utility 3-Row Seating

Premium Subcompact Utility

Toyota Highlander

Lexus UX

Off-Road Utility

Subcompact Utility

Toyota 4Runner

Subaru Crosstrek

Source: J.D. Power 2022 Canada ALG Residual Value Awards SM
Charts and graphs extracted from this press release for use by the media must be accompanied by a statement identifying
J.D. Power as the publisher and the study from which it originated as the source. Rankings are based on numerical scores,
and not necessarily on statistical significance. No advertising or other promotional use can be made of the information in th isrelease or J.D. Power survey results without the express prior written consent of J.D. Power.

Year / Project / Study Name

J.D. Power
2022 Canada ALG Residual Value AwardsSM
Top Model per Segment
Electric, Pickup and Van Segments

Mass Market Electric
Chevrolet Bolt EV

Premium Electric
Porsche Taycan

Fullsize Heavy Duty PickupChevrolet Silverado 2500 HD

Fullsize Pickup
Toyota Tundra

Midsize Pickup
Toyota Tacoma

Commercial Van
GMC Savana

MinivanToyota Sienna

Source: J.D. Power 2022 Canada ALG Residual Value Awards SM
Charts and graphs extracted from this press release for use by the media must be accompanied by a statement identifying
J.D. Power as the publisher and the study from which it originated as the source. Rankings are based on numerical scores,
and not necessarily on statistical significance. No advertising or other promotional use can be made of the information in th isrelease or J.D. Power survey results without the express prior written consent of J.D. Power.