Showing posts with label Honda Wins Resale Value Award. Show all posts
Showing posts with label Honda Wins Resale Value Award. Show all posts

Monday, November 18, 2013

Honda, Toyota, Audi are tops on resale value

LOS ANGELES -- Honda is the top brand for retaining the most resale value, but Toyota and Audi do well, too, a company that tracks car depreciation says.

But Toyota has the most models overall for cars with best resale in their segments, from the Prius C, a hybrid, for alternative fuel vehicles; to the Land Cruiser for fullsize premium utility vehicles, according ALG, formerly known as Automotive Lease Guide.

Audi did well, too.

"Toyota, Audi and Honda captured the most segment honors due to the consistent high value of all their products," said Larry Dominique, President of ALG. "Honda was named top Mainstream Brand due to their prudent use of (sales) incentives – $1,000 lower than the mainstream average – and low rental fleet penetration."

ALG is handing out its top vehicle honors this week at the Los Angeles Auto Show. Vehicles that were tops in their segment included:

• Hyundai Accent (Subcompact Car)
• Mazda Mazda3 (Compact Car)
• Chevrolet Corvette (Premium Sports Car)
• Chevrolet Camaro (Mainstream Sports Car)
• Toyota Avalon (Fullsize Car)
• Porsche Panamera (Premium Executive)
• Kia Soul (Subcompact Utility Vehicle)

ALG also established five new segments for the 2014:
• Midsize Utility 2-Row (Winner: Hyundai Santa Fe Sport)
• Midsize Utility 3-Row (Winner: Toyota Highlander)
• Off-Road Utility (Winner: Toyota FJ Cruiser)
• Premium Midsize Utility 2-Row (Winner: Land Rover Range Rover Sport)
• Premium Midsize Utility 3-Row (Winner: Audi Q7)

Source;
 http://www.usatoday.com/story/driveon/2013/11/18/resale-value-alg/3624413/

Friday, April 20, 2012

Autoblog: Edmunds: Honda and Acura best brands for retaining value


By Jeremy Korzeniewski of www.autoblog.com
Honda and Acura have had their fair share of issues over the last few years – from earthquakes, tsunamis and floods to important new models not being all that well received – but that hasn't stopped them from claiming top honors in Edmunds' 2012 Best Retained Value Awards.

According to Edmunds, on average, Honda vehicles are expected to retain 47.9 percent of their value after five years; Acura is just behind with 44.6 percent, taking the win in the luxury segment. In the mainstream category, Toyota and Mazda each got honorable mentions while Lexus and Cadillac to secondary honors in the luxury stakes.

Interestingly, despite not scoring the win in the mainstream class or even managing an honorable mention, Ford had the most individual wins in Edmunds' categories with five, beating Honda's four class victories. The vehicle expected to retain the most value after five years out of all classes is the Toyota Tacoma.

Want more? Click here for the full rundown from Edmunds.

Source;
http://www.autoblog.com/2012/04/19/edmunds-honda-and-acura-best-brands-for-retaining-value/

Monday, June 6, 2011

Edmunds: 2011 Best Retained Value Awards

Honda has won the first ever Edmunds.com Best Retained Value Award for Non-Luxury Brands. In addition, four Honda models won model-level 2011 Edmunds.com Best Retained Value Awards. Having a clear idea about a car's future resale value is an important part of the car-buying process, and Honda is proud to be recognized for how well our vehicles hold their value over time.

Source;
http://www.edmunds.com/car-reviews/best-retained-value-cars.html