[home][rumors and news][model release matrix][dealer network][desktop calendar][exhaust notes][tov forums][links][search][sponsors][garage][login]

Tire Rack Upgrade Garage
 Search for a Dealer:
 Canadian Flag US Flag
 Honda Acura
 ZIP  
Acura
There are currently no active Acura promotions
Honda
There are currently no active Honda promotions
2018 Acura RLX Arrives in Showrooms with Striking Redesign
More.......................
American Honda Reports Sales Figures for October 2017
More.......................
Second-Generation NSX “Dream Project” by ScienceofSpeed to Debut at SEMA
More.......................
Honda Reveals their Sports EV Concept
More.......................
Watch Live: Honda Reveals their Sports EV Concept at the Tokyo Motor Show
More.......................
American Honda reports strong sales numbers for September 2017
More.......................
Honda will be showing a Sports EV Concept at the 2017 Tokyo Motor Show
More.......................
The 1.5T in the 2018 Accord has VTEC!
More.......................
Type R --> Re: VW Golf GTI Clubsport vs Honda Civic Type R: ultimate GTI takes on VTEC power
Join Discussion......
General Talk --> Re: G70: Korean Entry-level Luxury domination on the rise?
Join Discussion......
Accord --> Re: 2.0T is up on the Honda US website
Join Discussion......
MDX --> Re: 2016-17 MDX ATF warmer issue
Join Discussion......
General Talk --> Got the invite for the PHEV test drive
Join Discussion......
Today's Reading Links --> Re: The Tesla semi truck is pure fantasy. Look at the numbers
Join Discussion......
Pilot --> Re: Acura RDX vs. Honda Pilot
Join Discussion......
Today's Reading Links --> Re: Lincoln » 2019 MKC
Join Discussion......
General Talk --> Re: Why is Acura being so quiet?
Join Discussion......
Today's Reading Links --> Re: Jaguar E-Pace
Join Discussion......
General Talk --> Re: Proud new owner of...
Join Discussion......
Accord --> Re: Accord is a 2018 finalist for MT COTY... Camry is not...
Join Discussion......
General Talk --> Re: Mazda confirms turbo for the 2018 Mazda 6
Join Discussion......
Today's Reading Links --> Re: First independent review of Tesla Model 3: Doug DeMuro
Join Discussion......
Accord --> Accord is a 2018 finalist for MT COTY... Camry is not...
Join Discussion......
Automotive Lease Guide Names Honda as Highest Industry Brand for Residual Values
 Date: November 13, 2003 01:35
 Submitted by:  Tuan
 Source: Honda Press Release
 Credibility Rating: N/A


Honda Accord, Odyssey, Pilot and CR-V all Segment Winners

Torrance, Calif. 11/11/2003 -- Automotive Lease Guide, the nation's leader in setting automobile residual values, has named Honda the industry's top automotive brand with the highest overall residual values across its full range of models for the 2004 model year. 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.
Residual value performance measures the ability of a product to hold its value over time and is considered a key indicator of a product's long-term desirability. A strong residual value results in less depreciation over time, reducing cost of ownership.

"At Honda, we pride ourselves on delivering real value to our customers in terms of our long term quality, resale value and overall cost of ownership," said Dick Colliver, executive vice president of American Honda Motor Co., Inc. "This recognition by ALG really validates our strategy and the value our products deliver to the customer."

According to the ALG, its Residual Value Awards honor "those vehicles in each segment predicted to retain the highest percentage of their original price."

Financial institutions use ALG's figures to calculate how much it will cost to lease certain cars. The residual value is important to leasing because, in the simplest sense, a consumer pays for the amount of the car's value that they use.

"Residual Value performance continues to be a leading indicator of the success of a vehicle or brand," said John Blair, Automotive Lease Guide's chief executive officer. "ALG individual segment award winners represent a combination of desirability as new cars and long term appeal in the used vehicle marketplace. Honda has captured the industry brand award due to the strength of their entire product line, which is quite an accomplishment given the fierce competition in today's automotive industry."

Based in Santa Barbara, California, Automotive Lease Guide is a privately held company that has been forecasting automotive residual values for over 35 years in both the US and Canadian markets.
Click Here to Submit Your Comments
2018 Acura RLX PR Photo Gallery
Read Article....................
TOV First Drive: 2018 Honda Accord
Read Article....................
2018 Honda Accord Specifications and Features (FINAL)
Read Article....................
2018 Honda Accord Hybrid PR Photo Gallery
Read Article....................
2018 Accord Touring 2.0T PR Photo Gallery
Read Article....................
2018 Accord Touring 1.5T PR Photo Gallery
Read Article....................
Contact TOV | Submit Your Article | Submit Your Link | Advertise | TOV Shop | Events | Our Sponsors | TOV Archives
Copyright © 2017 Velocitech Inc. All information contained herein remains the property of Velocitech Inc.
The Temple of VTEC is not affiliated with American Honda Motor Co., Inc. TOV Policies and Guidelines - Credits - Privacy Policy