Chevy Bolt EV Receives 2023 U.S. ALG Residual Value Award
GM takes home both EV category awards.
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GM takes home both EV category awards.
One of two Chevy models awarded.
The all-electric supertruck was the only GMC model awarded.
Including for “most improved.”
It took top honors in the sports car segment.
The GMC Savana also took a Canadian residual value award for 2022.
Chevy took three segment level awards in the study.
Beating out key rivals from Ford and Ram.
Taking the win in the Fullsize Utility segment.
The Camaro loses around 23.6 percent of its original MSRP after five years.
Tied with two other heavy-duty pickup trucks.
The Corvette will retain 49.5 percent of its MSRP after 60 months of ownership.
Chevy and GMC are both well-represented.
This study takes into account three-year-old models, so this award goes to the C7 Corvette.
The sedan’s value dropped by only 7.6 percent after one year on the road.
The Buick LaCrosse was priced from $38,045 in Canada.
How much will the 2020 Corvette be worth one day?
Timeless styling and pent-up demand contribute to the car’s residual value.
It should retain more than 40 percent of its value after five years.