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October 31, 2007

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Range Rover Sport Predicted To Retain Highest Residual Value

IRVINE, Calif. - Land Rover North America is proud to announce that the 2008 Range Rover Sport has received the Automotive Lease Guide (ALG) Residual Value Award in the Luxury CUV segment. The annual Residual Value Awards identify those vehicles predicted to retain the highest percentage of their original purchase price after a conventional three-year lease term.

“We understand the importance of residual values in our highly competitive business and are delighted by this recognition,” said Chris Marchand, executive vice president of Marketing and Sales, Land Rover North America.

The ALG awards are based on careful evaluation of segment competition, past vehicle performance and emerging trends in the industry.

“The 2008 awards prove once again that compelling design, high quality manufacturing and disciplined pricing and volume programs are essential to achieve the highest residual value,” said John Blair, Automotive Lease Guide's Chief Executive Officer.

Land Rover's Range Rover Sport and other award winners are featured on ALG.com as well as other automotive publications and websites dedicated to bringing the industry's best-performing models into the public eye.

Land Rover entered the competitive high-performance SUV category with the new-for-2006 Range Rover Sport. SUV owners with a passion for driving are well served by the Range Rover Sport’s capable blend of power and handling prowess.

Consumer acceptance has been outstanding now making Range Rover Sport the leader in the luxury CUV segment. Muscular V8 power, a tidy wheelbase, a low build, and a wide stance yield exemplary agility and tenacious road holding. The Range Rover Sport is well equipped with Land Rover’s Terrain Response™ system as standard. A Supercharged V8 engine and Dynamic Response technology are available as options.

Photo: Range Rover

(Oct 29, 2007)


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