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Used Cars: Infiniti Receives 2008 Luxury Brand Residual Value Award From Automotive Lease G
Posted on Sunday, October 28 @ 23:05:27 CDT by Cars |
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Infiniti Receives 2008 Luxury Brand Residual Value Award From Automotive Lease Guide (ALG)
Infiniti G Coupe and Sedan Also Receives Top Residual Value Award
NASHVILLE, Tenn., Oct. 25 -- Automotive Lease Guide (ALG) has announced
that Infiniti has received its 2008 Luxury Brand Residual Value Award. In
addition, Infiniti won the Near Luxury Residual Value Award for its Infiniti G
Coupe and Sedan.
Now in is ninth year, the ALG Residual Value Awards honors vehicles and
automotive brands which are predicted to retain the highest percentage of their
original price after three years.
"Infiniti has substantially increased their residual values over the past
several years," said Jon Blair, CEO of ALG. "This is due to Infiniti's array of
sleek designs, strong powertrains, terrific interiors and easy-to-use
technologies. But, most of all, Infiniti offers all of this at very competitive
prices for a luxury brand."
Infiniti was also recognized by ALG for its "value pricing" philosophy, which
sets list prices at or near transaction pricing. This helps keep incentives low
and resale values high.
"By design, Infiniti's line of luxury automobiles offer a strong blend of
performance, style and value," said Mark Igo, vice president and general manager
of Infiniti. "It's gratifying to see our efforts are not only being recognized
by consumers through increased market share in both the new and used markets,
but by recognitions such as the awards we've received from ALG."
Within specific vehicle categories, the Infiniti QX placed third in the
luxury sport utility category, while the all-new Infiniti G Coupe and Sedan won
overall in the near luxury category.
"The Infiniti G, recently redesigned, offers a very sleek and elegant design
that's going to look great on the road for many years," added Blair. "It makes
drivers want to get behind the wheel, and when they do, they'll find a car that
has agile handling and great driving dynamics. Overall, the Infiniti G holds up
well against the European competitors that generally do well in this segment."
About Infiniti
Infiniti offers a full-line of luxury performance automobiles, including the
G sports coupe and sedan, M luxury performance sedan, FX premium crossover SUV,
QX full-size luxury SUV, and the upcoming EX personal luxury crossover which
goes on sale in December.
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