Honda vehicles have best resale values in the U.S.

[Starbucks]

Full Story

Santa Barbara, California - Automotive Lease Guide, a private company that forecasts automotive residual values, has announced its annual Residual Value Awards. The awards honour those vehicles in each segment predicted to retain the highest percentage of their original price. This year's awards are based on 2004 model year vehicles. For the second year, ALG has also added awards for the brand with the highest predicted resale value of all industry and luxury vehicles. The awards are arrived at after careful study of segment competition, historical vehicle performance and industry trends.

Heading the list this year is American Honda Motor Company, Inc. with the Honda Brand winning the Industry Brand Residual Value Award. Honda also received four individual segment awards: the Accord for the Midsize Car Segment; the Odyssey for the Minivan Segment; the CR-V for the Compact SUV Segment; and the Pilot for the CUV Segment. Both the Honda Odyssey and CR-V are repeat winners from last year.

Comments?