Honda’s award streak continues as the company earns the residual value award for the third consecutive year in the annual ALG residual value awards. The Fit, Odyssey and CR-V all won awards in their respective classes. The residual value award is given to vehicles that display longevity throughout their road life and the ability to retain their value as they age. ALG provides residual value data to the automotive industry and their awards are considered an industry standard for reliability.
Showcasing the Winners
Honda has recently been known for their focus on positive ownership values and customer dedication. These awards show exactly how dedicated they are to their vehicles and their customers. New vehicles tend to depreciate rather quickly after they are bought, some of them losing most of their value as they age past a certain amount of years. Honda’s dedication to owners of their new vehicles serves to slow down this depreciation a bit, making owning the car much more of an experience than other non-supported cars. Owning a Honda is a consumer experience like nothing else in the automotive world.
Where they Placed
The Odyssey was ranked the Best Minivan by ALG, holding on to the pole position for the fourth year running. The Fit stood on the winner’s podium for the seventh consecutive year, topping the sub compact car category. The CR-V topped the heap in the compact utility category. Honda’s vehicles have long been valuable cars to hold on to, but these awards simply put the icing on the cake.
Owning a Honda today allows you to tap in to the kind of excellence that the company has pioneered through its recent history, creating a value system that is unsurpassed in the industry. There is simply nothing like owning a Honda. If you think you’re ready for a Honda, give Brannon Honda a call and experience for yourself what real ownership feels like.
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