|
AUBURN HILLS, Mich. – Volkswagen of America, Inc announced today that the 2007 Volkswagen Rabbit was chosen as Automotive Lease Guide’s (ALG) highest projected resale value in the compact car segment.
The annual award acknowledges automakers for producing vehicles predicted to retain the highest percentage of their original price. The models that are honored for best residual value are top-ranked vehicles in their relevant categories.
Automotive Lease Guide analyzes value, historical vehicle performance and industry trends in more than 1,100 vehicles in 13 vehicle segments to determine the automotive industry’s best residual values. The award is based upon Automotive Lease Guide’s projected residual values and industry analysis for the 2007 calendar year.
“It is an honor to receive this award from Automotive Lease Guide,” says Keith Price, public relations manager, Volkswagen of America, Inc. “We’re delighted to be recognized as a top-ranked brand and for our resale values, both core measurements for Volkswagen’s success. Since the original Rabbit sprung into U.S. action in 1974, the vehicle itself continues to add the winning combination of value, affordability and fun to drive, while maintaining an enduring appeal to our consumers.”
 The 2007 Volkswagen Rabbit picks up in spirit where the original left off, featuring many of the most popular comfort and convenience features as standard, including six-way manually adjustable driver’s seat with height adjustment, an anti-theft alarm system with a central remote locking feature, turn signals built into the outside rear view mirrors, and heated windshield washer nozzles on four-door models.
The model offers Volkswagen’s 2.5-liter, inline five-cylinder, dual-overhead camshaft engine delivering 150 horsepower at 5,000 revolutions per minute. A prodigious 170 lbs.-ft. of torque develops at 3,750 rpm, with 90 percent available from 1,750 rpm to 5,125 rpm.
The automatic transmission achieves an EPA-estimated fuel efficiency of 30 miles per gallon in highway driving, and 22 mpg in city driving and is available with a choice of a five-speed manual transmission or a six-speed automatic Tiptronic® transmission.
The 2007 Rabbit is available in two- and four-door models at Volkswagen dealers with a starting price of $14,990 for two-door and $16, 990 for four-door.
This is the fifth residual value award since 2001 from Automotive Lease Guide, winning in the areas of midsize, compact and industry brand segments.
About Automotive Lease Guide
Based in Santa Barbara, California, Automotive Lease Guide (ALG) is a leading provider of data and consulting services to the automotive industry. ALG publishes the “Automotive Lease Guide” – the standard for Residual Value projections in North America, and has been forecasting automotive residual values for over 37 years in both the U.S. and Canadian markets. ALG is a company of DealerTrack Holdings, Inc. (Nasdaq: TRAK). Visit ALG at www.alg.com to learn more about the 2007 Residual Value Awards, or any of ALG’s other products and services.
Press release via Volkswagen
|
|