Courtesy Kia Celebrates Kia Telluride’s Prestigious Win at the J.D. Power 2024 U.S. ALG Residual Value Awards

In an exciting triumph for Kia enthusiasts and automotive aficionados alike, the Kia Telluride has once again secured its spot as a leader in the Midsize SUVs with 3-row Seating category, earning the prestigious J.D. Power 2024 U.S. ALG Residual Value Award. This accolade, based on a comprehensive analysis of used-vehicle performance, brand outlook, and product competitiveness, marks the third consecutive year that the Kia Telluride has claimed this coveted title.

Steven Center, Chief Operating Officer and Executive Vice President at Kia America, expressed his enthusiasm about this remarkable achievement, stating, “The Kia Telluride continues to be one of the most highly sought-after and awarded SUVs in the U.S., recognized for its bold styling and spacious interior. We are proud to receive this honor from the J.D. Power U.S. ALG Residual Value Awards for the third year in a row, demonstrating the long-lasting value and integrity of the Kia Telluride.”

The U.S. ALG Residual Value Awards are regarded as the gold standard in the automotive industry for acknowledging vehicle models projected to retain the highest percentage of their manufacturer’s suggested retail price after a three-year period of ownership. This crucial metric directly influences the lease cost of a vehicle, highlighting an automaker’s success in the realms of long-term quality, design, and the overall desirability of both the automotive brands and their respective models.

Kristen Lanzavecchia, the Director of Customer Success at ALG, the division of J.D. Power recognized as the industry benchmark of automotive residual value projections, commended the Telluride’s dominance in the segment, attributing it to the SUV’s sleek exterior design, well-appointed interior, and a significant refresh in MY23. Lanzavecchia noted, “The strong demand for the MY24 and only a minor increase in pricing bolster the positioning against the top competitors.”

As the Kia Telluride continues to captivate the market with its winning combination of aesthetics, functionality, and enduring value, Courtesy Kia proudly joins the celebration of this remarkable achievement. The accolade not only underscores Kia’s commitment to delivering exceptional vehicles but also reinforces the Telluride’s status as a symbol of automotive excellence in the highly competitive SUV market.