TORONTO, ON – February 8, 2021 – Lexus Canada Inc. (TCI) has been recognized with a total of six J.D. Power 2021 Canada ALG Residual Value Awards, including the award for top Premium Brand.
The J.D. Power Canada ALG Residual Value Awards recognize vehicles from the 2021 model year that are forecast to retain the highest percentage of their manufacturer suggested retail price (MSRP) over the next four years.
“Lexus Canada is honoured by the recognition and by the continued trust and confidence Canadian consumers have in our brands,” said Martin Gilbert, Director, Lexus Canada. “A vehicle’s depreciation is a large part of the ownership cost and our retained value leadership is yet another reason our Guests trust Lexus Canada.”
In addition to the top Premium Brand win, Lexus also won the following segment awards:
- Premium Fullsize Utility: Lexus LX
- Premium Midsize: Lexus IS
- Premium Midsize Utility 2nd row seating: Lexus RX
- Premium Midsize Utility 3rd row seating: Lexus GX
- Premium Subcompact Utility: Lexus UX
ABOUT LEXUS CANADA
Lexus Canada is the exclusive Canadian distributor of Lexus luxury cars and sport utility vehicles through a sales and service network of 39 dealers across Canada. Guests have access to a wide range of luxury and performance vehicles with a total of 12 Lexus nameplates available in Canada, including the largest luxury hybrid lineup of six hybrid models. Inspired by bold design, intuitive technology, and peak performance, Lexus is committed to delivering the highest quality products and services and creating amazing experiences for their Guests. The Lexus RX 350 and RX 450h are built at Toyota Motor Manufacturing Canada’s award-winning Cambridge South plant. For more information about Lexus and Lexus products, please visit: www.lexus.ca.