Automotive Lease Guide gives 2011 Hyundai Sonata top residual value

(February 15, 2010) Hyundai’s completely redesigned 2011 Sonata that delivers best-in-class fuel economy and 200 horsepower is setting the standard for residual values as well.  Right out of the box, the Hyundai Sonata GLS with automatic transmission received an impressive 36-month residual value of 54 percent of manufacturer’s suggested retail price (MSRP) from Automotive Lease Guide (ALG), the industry benchmark for residual values and a leading provider of data and consulting services to the automotive industry.

The residual value topped popular competitive 2010 models from Toyota, Nissan, Ford, and Chevrolet, in addition to premium brands such as Lexus, BMW and Mercedes.

This represents the lowest depreciation in the midsize car segment. The 2011 Sonata even outperforms Honda, depreciating $640 over a three-year period less than a comparably-equipped 2010 model year Accord. Strong residuals indicate higher trade-in value and lower monthly payment for lessees.

The new 2011 Sonata, built at Hyundai Motor Manufacturing Alabama, features a best-in-class 35 mpg highway fuel economy rating. A well-equipped 2.4-liter GDI I4 GLS model, offering 198 horsepower and six-speed manual transmission begins at $19,195. A fully-equipped Sonata Limited with a navigation package and six-speed automatic transmission is $27,395.