The 2015 Chevrolet Tahoe has been awarded with ALG and TruCar Inc.’s annual Residual Value Award, which aims to predict the vehicles which will retain the highest percent of their original value after three years. The 26 different awards are given out for different vehicle segments, with the Tahoe winning the “Fullsize Utility Vehicle category.”
Only 2015 model year vehicles were eligible for this year’s Residual Value Award. The Tahoe nameplate has never received ALG’s value award before, and ALG president Larry Dominique believes this is down to the powertrain, technology and interior improvements made in the fourth-generation model.
“With the improvements to the drive experience, capabilities, fuel economy and comfort for 2015, the Tahoe will remain the vehicle of choice for thousands of buyers who need all it can offer, and we expect this demand to drive impressive value retention,” Dominique said.
ALG says its award winners are determined through a “careful study of the competition in each segment, historical vehicle performance and industry trends.” It also takes into account the quality of the vehicle, supply and demand, pricing and marketing strategies.