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Honda receives more awards

1920 Views 5 Replies 6 Participants Last post by  jbolles48
It looks like the new Accord, Civic and CR-V just recently earned 2018 Edmunds Best Retained Value Awards. These three models were found to have the highest residual value after fiver years of ownership of any vehicle within their respective categories. Winners were chosen based on two major factors: their market value over the first 5 months and the average projected 5 year deprecation based upon the first 12 months after the launch of each model. Just one more reason to go Honda.
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The real test with the Accord will be how it sells 2-3 years down the road because already things are starting to take a downturn. Honda might have to do a model refresh sooner than usually, similar to what happened to the 9th Civic. Turns out they saved it.
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