New London, Connecticut (PressExposure) December 31, 2009 -- BMW of New London, leading new BMW and used cars New London, New Haven, Connecticut dealer, is proud that BMW has won not one but two Best Resale Value awards from Kelley Blue Book as well as a Residual Value Award from Automotive Lease Guide (ALG). The BMW X5 xDrive35d Advanced Diesel was named Best Resale Value in its class by Kelley Blue Book's kbb.com, and the 2010 BMW M3 is one of the Top 10 cars with Best Resale Value according to Kelley Blue Book's kbb.com. The BMW 1 Series won the ALG Residual Value Award in the Near Luxury Car category.
The reason for the global popularity of the BMW brand is not just the superlative quality of their vehicle and the extraordinary driving experience they ensure, but also the ease of ownership provided by BMW Ultimate Service. Ultimate Service guarantees BMW vehicles are serviced properly for the first four years, enhancing the resale value of each BMW in the used vehicle market.
ALG determines the award winners after carefully studying the competition in each segment, historical performance, and industry trends. Vehicle quality, production figures in comparison to demand, and pricing strategies are the main criteria that affect ALG's residual value forecasts. Winning vehicles in each segment are predicted to retain the highest percentage of their original price even after three years. Since 2007, BMW models have won five ALG Residual Value Awards.
The Kelley Blue Book Best Resale Value Awards recognize automakers' exceptional accomplishments in manufacturing vehicles that best retain their value. In addition to the mainstream and luxury brands with the best projected resale values across their entire vehicle lines, awards are presented to top vehicles within 16 vehicle categories and for the overall top 10 vehicles across all categories. With these two latest honors, BMW has garnered a total of 14 Kelley Blue Book Best Resale Value Awards since the awards were established in 2003.
Please contact BMW of New London if you are interested in learning about New London, New Haven, Connecticut used cars, online specials or to schedule a test drive.