Alg forecasts have been within 1 of actual values at the industry level for over 20 years this is critical because a single point of residual value has a billion dollar impact on the automotive market algs people processes and systems work rigorously to generate accurate forecasts. According to larry dominique president of alg honda mercedes benz top 2014 alg residual value awards toyota motor company has most segment winners. What is the residual value of cars in order to better understand what residual value means with cars it is important to take a look at each words definition a residual is the part that is left after some has been taken away
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