The J.D. Power 2026 Canada ALG Residual Value Awards,℠ released today, recognize manufacturers and models with the highest residual values (RV) in their segments. RV represents the forecasted future value of a vehicle, a critical input for calculating lease payments and trade-in values. A segment-leading RV can benefit consumers and OEMs alike with advantageous lease programs and serve as an indicator of strong brand value for the manufacturer, signaling quality, desirability, and long-term demand.

Residual value is a key metric for both consumers and automakers because it reflects long-term vehicle appeal and brand stability. Brands that consistently deliver strong RVs demonstrate confidence in product durability and market strategy, which can influence residual values and customer loyalty. These awards highlight manufacturers that excel in balancing innovation with value retention, an increasingly important factor in today’s competitive automotive landscape.

“Brands that consistently retain higher RVs have a broad vehicle line-up that appeals to many customers and with that, do not over-complicate their vehicles,” said Danny Battaglia, managing director of ALG customer success at J.D. Power. “Additionally, pricing plays a big role here. Staying competitive in the market while maintaining their reliability and emotional appeal ensures the top brands stay at the top.”

This year’s award recipients have shown strong forecasted value in their competitive segments in the Canadian market.

For model year 2026, 13 different brands earned awards in 26 segments. The award process consists of evaluating 294 model lines through analysis of used-vehicle performance, brand outlook and product competitiveness. Eligibility for a brand award requires a manufacturer to have model entries in at least four different segments. To account for differences across trim levels, model averages are weighted based on the percentage share relative to the entire model line.

Residual Value Awards

Lexus and Toyota are the top brand-level performers for 2026. Toyota has the most model-level awards with six. Model award recipients include:

• Toyota: Camry, Corolla, Highlander, Corolla Cross, Tundra, Tacoma and Sienna
• GMC: Yukon, Hummer EV SUT, Hummer EV SUV and Savana
• Chevrolet: Corvette, Tahoe, Silverado 3500 HD
• Lexus: NX, UX and LX
• Mercedes-Benz: AMG GT 4-Door and CLA
• Subaru: WRX, Forester and Solterra
• Cadillac: CT4 and CT5
• Acura: MDX
• Genesis: G80
• Nissan: Z
• Porsche: Taycan
• Volvo: V60 Cross Country

Numerous variables affect the forecast of the residual value of a vehicle. Examples include mileage, quality/reliability, options and feature sets and the macroeconomic environment. J.D. Power data and insights combined with the deep experience of ALG in residual values allows for even more accurate end-of-lease forecasting capabilities.