What Brand Offers the Most Residual Value?
Ask yourself this question: what is the number one quality you are looking for in a vehicle? Is it looks? Are you most interested in power or performance. Or is your primary concern getting the vehicle that offers you the greatest amount of value? It’ a safe bet that you’d like a vehicle that offers all three, but ultimately you are most concerned with getting the most for your money.
Retain the Value of Your Car With Honda
A study was recently conducted to determine which automaker provided the most residual value. This is just another way of saying which cars retained more of their original value as they got older. Millions of vehicle registration records were poured through in order to get an accurate picture of which automaker had more vehicles on the road over the long run.
The study concluded that Honda provides vehicle owners with more residual value than any other auto manufacturer. As many as 75% of Hondas produced in the last 25 years are still on the road. That means that despite their age, these vehicles are still running, and still providing their owners with a reliable means of transportation.
Best Mainstream Brand According to ALG
The Honda brand is known for a lot of things, from functionality to affordability. But what is becoming clear is that they produce some of the most reliable vehicles on the road. In addition to coming out ahead in this recent study, Honda was also named Best Mainstream Brand in terms of residual value by ALG for the second year in a row. This award means that new Honda cars are expected to keep more of their value over a conventional three-year period. Honda has now won the award more than any other car company, 8 out of 11 possible times.
It is clear that Honda’s success in building reliable automobiles is not a fluke or a temporary accomplishment; this is a principle built right into the core of the company. Used Honda vehicles are still great to drive and valuable to own, and you can predict that future Hondas will be too. If you are looking for a vehicle with a low sticker price, a high resale value, and a low maintenance cost, come to Middletown Honda for a test drive.