Hyundai’s 2021 Sonata won the prestigious ALG Residual Value Award

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2021 Hyundai Sonata
2021 Hyundai Sonata ©
Nov. 18. 2020
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Fountain Valley - Hyundai’s 2021 Sonata won the prestigious ALG Residual Value Award (RVA) in the midsize car segment.

This honor recognizes vehicles that are projected to hold the highest percentage of their Manufacturer's Suggested Retail Price (MSRP) after a three-year period, a critical aspect in the total cost of ownership.

“Customers of Hyundai’s 2021 Sonata will be selecting a vehicle that will hold its value more than any other in the entire midsize car segment,” said Olabisi Boyle, vice president, Product Planning and Mobility Strategy, Hyundai Motor North America. “Earning a Residual Value Award from ALG makes Sonata’s striking design, performance capabilities, and range of advanced safety and technology features even more compelling.”

The 2018 Sonata and 2018 Santa Fe Sport have also both been recognized with ALG’s Pre-Owned Value Awards (POVA) in the midsize and midsize utility two-row seating segments, respectively. 2021 POVAs are awarded to vehicles with the lowest forecasted depreciation from two to five years of age during the period from 2020 to 2023.