Grayson BMW in Knoxville, Tennessee is proud to announce ALG Residual Value Winner

Grayson BMW in Knoxville, Tennessee, one of the leading Knoxville, Tennessee BMW dealers, is happy to announce that the 2011 BMW X3 has won the prestigious ALG Residual Value Award.  This award holds high importance amongst all brands in the motor industry and demonstrates the quality of improvements on the 2011 BMW models.  Furthermore, it also demonstrates that BMW maintains its lofty status as one of the preeminent luxury brands, especially when it comes to luxury SUVs.

This award, handed out by the ALG is especially important because ALG is the benchmark in the industry for depreciation data and residual value.  ALG publishes important and sought-after industry data and consulting services. It regularly publishes the Automotive Lease Guide, which is the standard for Residual Value projections in the United States and Canada.

The awards are based on 2011 model year vehicles. ALG has also included awards for the brands that have the highest overall predicted resale values among all industry and all luxury vehicles. Award winners are featured on ALG.com and other automotive publications and websites dedicated to bringing the industry's best-performing models into the public eye.

The 2011 BMW X3, available at Grayson BMW in Knoxville, Tennessee, was amongst 19 winners in different automobile segments.  The award is based on a certain set of criteria that is used on all of the 19 segments.  The criteria for the award include segment competition, over-all car quality, vehicle performance, industry trends, production levels relative to demand and pricing, and marketing strategies.

Recognizing that residual values are a widely used measure of brand health and vehicle quality, ALG honors those vehicles in each segment predicted to retain the highest percentage of their MSRP after a three year period. The annual awards are derived after careful study of segment competition, sales strategy, resale performance, and industry residual values.  ALG also includes Industry Brand Residual Value Awards, bestowed on the brands with the highest predicted resale values among all mainstream and luxury vehicles.

The 2011 BMW X3, available at Grayson BMW in Knoxville, Tennessee,  features unique characteristics that set this brand apart and have led to its impressive rise in market sales and industry recognition. The 2011 X3 took home the Residual Value Award in the Luxury Compact Utility class, one of the toughest classes to take home the award due to the high volume of vehicles and competitors in this class.  The 2011 BMW X3 took home the top honors in the prestigious Luxury Sportscar field, beating out top competitors from Lexus, Audi, Volvo, and others.

Now is a great time to stop in Grayson BMW in Knoxville, Tennessee and get this tremendous vehicle, a vehicle that customers can obviously rely upon to get them where they need to go.  BMW vehicles are designed for optimal performance, luxury, convenience, and efficiency.  As proven by winning ALG awards, BMW has a proven track record for producing vehicles that will meet these goals. For more information on the 2011 BMW X3 or any model BMW please stop by 10671 Parkside Drive Knoxville, Tennessee or call us at (865) 209-7273.