Vice President, Industry Insights
The expected seasonal movement for residual values in this edition of ALG’s industry report is -0.4 percentage points (ppts). Relative to the November/December 2014 edition of the report, the real durable goods spending forecast is up, with a +0.3-ppt impact to residuals. Gasoline price declines contributed to lowering the value of fuel-efficient vehicles, while raising values for less fuel-efficient segments.
Total Residual Value Change Was –0.07 ppts. In 36-Month Term:
Overall macro impact for January/February compared to November/December is +0.3 ppts.
Used Supply Forecast Rose Causing a -0.38-ppt Impact on Residuals:
Ranged from –1.3 ppts for Fullsize Utility to +0.3 ppts for Minivans.
Toyota Took 6 Segment Wins in ALG Residual Value Awards:
Truck lineup especially strong with Tacoma, Tundra, Land Cruiser, and 4 Runner.