Honda Automobiles: Honda Claims Three 2015 ALG Residual Value Awards for Fit, CR-V and Odyssey

Posted on 20. Dec, 2014 by in Honda Canada

Honda has warranted mixed accolades in a annual ALG Residual Value Awards for a third uninterrupted year. The Honda Odyssey, Honda Fit, and Honda CR-V any perceived particular Residual Value Awards as a tip ranked vehicles in their particular segments.

As a heading provider of residual value information to a automotive industry, ALG’s annual Residual Value Awards (https://www.alg.com/residual-value-awards/) commend automakers’ superb achievements for vehicles that are likely to keep a tip commission of their strange cost after a required three-year period.

“One of Honda’s pivotal priorities is to offer a business vehicles that reason their value via a tenure experience,” pronounced Jeff Conrad, comparison clamp boss and ubiquitous manager of a Honda Division of American Honda Motor Co, Inc. “Our code is committed to sell sales care by top-quality, well-equipped vehicles, and that sets Honda detached in a approach that advantages a business now and in a years to come.”

Honda continues to offer vehicles that benefaction owners with well-developed value for a long-term. For ALG, a Odyssey (automobiles.honda.com/odyssey/), ranked tip in a Best Minivan (MPV) category, maintaining a tip mark for a fourth uninterrupted year. The Fit (automobiles.honda.com/fit/) perceived a Residual Value Award for a seventh uninterrupted year in a Sub-Compact Car category. The Honda CR-V (automobiles.honda.com/cr-v/) cumulative a tip position in a Compact Utility category. Since 2000, a Honda code has warranted 35model awards and 8 altogether code awards from ALG.

“Honda comes to these segments with good products and good sales strategies,” pronounced Larry Dominique, President of ALG. “With clever transaction prices bolstered by low incentives and really few swift sales, Honda has continued to grasp tip residuals with any of these vehicles.”

Award winners are dynamic by clever investigate of a foe in any segment, chronological automobile opening and attention trends. Vehicle quality, prolongation levels relations to demand, and pricing and offered strategies paint pivotal factors that impact ALG’s residual value forecasts.

Additional media information, including minute pricing comforts and high-resolution photography of a 2015, CR-V, Fit and Odyssey are accessible during www.hondanews.com. Consumer information is accessible during automobiles.honda.com.

About Honda
Honda offers a full line of reliable, fuel-efficient and fun-to-drive automobiles for American automobile buyers by approximately 1,000 eccentric U.S. Honda dealers. The Honda lineup includes a Accord, Crosstour, Civic, Fit, CR-Z and Insight along with a Pilot, and CR-V sport-utility vehicles and a Odyssey minivan.

Honda has some-more models achieving an IIHS TOP SAFETY PICK+ rating than any other automotive nameplate.

Honda has been producing automobiles in America for some-more than 30 years and now operates 16 vital production comforts in North America. In 2013, some-more than 94 percent of all Honda vehicles sole in U.S. were done in North America, regulating domestic and globally sourced parts.

About ALG
Founded in 1964 and headquartered in Santa Barbara, California, with an bureau in Toronto, Ontario, ALG is an management on automotive residual value projections in North America. By examining scarcely 2,500 automobile trims any year to consider residual value – that is especially driven by used automobile inventory, code strength, macroeconomic conditions, inducement spending and pricing – ALG provides automobile attention and financial services clients with resale insights, forecasts and consulting services about a destiny automobile marketplace. ALG, owned by TrueCar, Inc., a negotiation-free automobile shopping and offered platform, has been edition residual values for all cars, trucks and SUVs in a U.S. for 50 years and in Canada given 1981. The 2015 Residual Value Awards, honoring new vehicles projected to best say their value, will be announced Nov. 17. For some-more information, revisit www.alg.com.

About TrueCar
TrueCar, Inc. (NASDAQ: TRUE) is a negotiation-free automobile shopping and offered platform. TrueCar enables a negotiation-free automobile shopping knowledge by giving buyers pure discernment into what others indeed paid (price confidence), upfront pricing information (price discovery), and entrance to a network of devoted TrueCar Certified Dealers who yield guaranteed assets certificates and seamlessly finish a automobile purchase. The existence is that shopping a automobile is unpleasant and buyers fear they are going to overpay or be astounded with dark fees. TrueCar’s pure upfront pricing information creates a automobile shopping routine elementary so there are no surprises and buyers never overpay. TrueCar’s goal is to make automobile shopping simple, satisfactory and fun. Its inhabitant network of some-more than 9,000 TrueCar Certified Dealers, including both new automobile authorization dealers and non-franchise dealers, is committed to providing negotiation-free assets off MSRP and upfront pricing information for all car-buyers, including members of some of a country’s largest membership and use organizations such as AARP, American Express, AAA, and USAA. Note: Not all module comforts are accessible in all states. Go to www.truecar.com for module details. TrueCar is headquartered in Santa Monica, Calif., with offices in Santa Barbara, Calif., San Francisco, Calif., and Austin, Texas.

 

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