Volvo V90 Takes 2020 ALG Residual Value Award
There are an overwhelming number of metrics by which you can try to quantify the overall quality of a vehicle. Safety ratings, standard features, reliability scores, and customer satisfaction are all important when shopping around for a new car, but knowing whether your new ride will hold its value says a lot about the rest of the factors.
If a vehicle retains its value for a long time, that means that it has forward-thinking features and stellar reliability. It was for these exact reasons that the 2020 Volvo V90 won the ALG Residual Value Award in the Premium Full Size Segment.
Meet the winner: The 2020 Volvo V90
Every year, ALG releases a list identifying the cars that they predict will depreciate the least over three years. Once the vehicles have been separated into 27 distinct categories — so a wagon like the V90 isn’t pitted against an SUV like the XC40 — they are thoroughly vetted to determine factors like overall performance, brand forecast, and the level of market competition.
“We are incredibly proud that the V90 has received a Residual Value Award for the second year in a row,” said Anders Gustafsson, Senior Vice President Americas and President & CEO Volvo Car USA LLC. “A car purchase is one of the biggest investments a consumer makes, and this recognition gives our V90 customers confidence that they’ve made a smart decision that will retain its value for years to come.”
One great car after another: Learn more about the S60
Additionally, the 2020 V90 wasn’t the only one of Volvo’s vehicles to earn recognition from ALG. The publication awarded the 2019 Volvo S60 the Redesign of the Year Award, citing the automaker’s exciting new design language, Scalable Platform Architecture, and the S60’s overall sense of sophistication.