J.D. Power 2024 U.S. ALG Residual Value Award Goes To GMC Sierra 3500 HD
The 2024 GMC Sierra 3500 HD pickup truck has been honored with well-deserved recognition in the J.D. Power 2024 U.S. ALG Residual Value Awards. This model-level award distinguishes the Sierra 3500 HD as one of the most valuable vehicles in terms of retaining its original value for a long time. According to the award, this vehicle and 27 other nameplates are expected to have the highest percentage of its original value even after three years of purchase. This is indeed a remarkable achievement and a testament to the quality and durability of the 2024 GMC Sierra 3500 HD pickup truck.
2024 J.D. Power
J.D. Power’s ALG, a branch of analysis firm, recently released its annual Automotive Residual Value Awards. Out of 293 competing nameplates, the study selected 28 models projected to retain the highest residual value after a three-year lease. The GMC Sierra 3500 HD, a heavy-duty pickup truck, was the only vehicle from General Motors to receive the award for the 2024 model year. Additionally, two other GM nameplates, the Chevy Corvette and Chevy Trax, were recognized as winners in their respective segments.
The Sierra 3500 HD stood out as the top model in the large heavy-duty pickup segment for retaining the highest three-year residual value. This recognition is a testament to the vehicle’s exceptional design, quality, and desirability, both in terms of the individual model and the GM brand overall.
J.D. Power’s study considered various factors in making its residual value forecasts and awards. In addition to design, quality, and desirability, the study evaluated options and features, current trends and economic conditions; even weather and climate. The winners in each automotive segment were selected through a combination of algorithmic modeling, artificial intelligence, and skilled human analysts.
The J.D. Power Automotive Residual Value Awards are a valuable resource for consumers who want to make informed decisions about which vehicles retain the most value at the end of a three-year lease. By selecting cars with higher residual values, consumers can get the most out of their investment and maximize their returns.
The 2024 GMC Sierra HD is the latest iteration of the heavy-duty truck’s fifth generation, featuring a mid-cycle refresh. This model year brings the introduction of the luxurious 2024 GMC Sierra HD Denali Ultimate, along with a complete revamp of the interior and exterior designs across all the trim levels. The model has been equipped with new technologies such as Adaptive Cruise Control, and the ProGrade trailering system now enables it to tow up to 36,000 lbs.
The powertrain options available for the 2024 GMC Sierra HD are the standard 6.6L L8T V8 gasoline engine and the optional 6.6L V8 L5P turbodiesel Duramax engine. The latter was upgraded to provide an SAE-certified 470 horsepower and 975 pound-feet of torque. Both engines use the GM 10-speed automatic transmission for seamless gear changes.
NYE Automotive Group
Come and experience the exhilaration of driving the 2024 GMC Sierra HD at NYE Automotive Group. Our vast inventory provides a diverse selection of models, each boasting exclusive features and capabilities. Schedule a test drive today and get a first-hand experience of the power and luxury that GMC vehicles offer.