Everyone knows that when you buy a car, it starts losing its value immediately. This is called depreciation. However, not all cars depreciate at the same rate. Every year, Edmunds evaluates new car models and estimates which vehicles will hold onto their value longer than others and awards those models Best Retained Value Awards.
This year, three Honda vehicles came away with the top prize in their respective segments: the 2018 Honda Accord, the Civic, and the CR-V. This means buyers who choose these models can feel confident that they will get more money back into their pockets when the time comes to trade it in or sell it.
“Buying a new car is a huge financial decision, and our 2018 Edmunds Best Retained Value Awards are designed to help shoppers discover the brands and vehicles that can help them get the most out of their investment,” said Avi Steinlauf, Edmunds’ CEO. “This year’s winners underscore a commitment to quality and reliability and are good bets to hold their value over the course of ownership.”
In the Best Retained Value Awards, Edmunds’ analysts study years of market data to determine which model are expected to have the highest projected residual value after five years. So, if you are looking for a new car that will give you a lot of value, a Honda is always a great choice.
Take a closer look at Honda’s lineup and find the perfect vehicle for your lifestyle at Jack Matia Honda.
If you’re shopping around for a new car, you’ve no doubt heard about the Honda lineup. Why buy Honda? There are plenty of reasons why many drivers are dedicated to the Honda brand. Here are five of our top reasons at Jack Matia Honda.
If you’re looking for a vehicle with a friendly price tag, Honda is your brand. These vehicles are extremely affordable and offer a lot of bang for the buck.
Hondas are known for a lot of things, and one of those is their efficiency. From the compact Honda Fit hatchback to the versatile Honda CR-V, these vehicles will save you money at the gas pump.
Honda vehicles feature long lists of modern technology, including smart safety features. The Honda Sensing® safety suite available in Honda vehicles is a collection of intelligent, advanced, and active safety features.
Fun to Drive
Honda cars are not just about practicality—these vehicles are plenty of fun to drive too, with nimble handling and manual transmissions available in many models.
If you’re ever ready to resell your Honda, you can be sure that you’ll get some of the best resale value on the market from it. These cars are built to last a long time, though, so you should be happy with your Honda for years to come.
For decades, the pickup truck segment has been ruled by the big three: the Ford F-150, the Chevrolet Silverado 1500, and the RAM 1500. No challenger has come forth to topple these giants from their thrones—until now.
The Honda pickup truck, known as the Honda Ridgeline, has emerged to surprise industry insiders with its sales numbers, as data suggests the competitor is actually stealing sales from longtime favorites.
In the past year, Honda has sold 40,000 units of the 2017 Ridgeline stateside. The truck’s success is due to its carlike design, which Honda representatives say has not only brought in loyal truck enthusiasts, but a few new buyers who previously weren’t interested in driving a pickup. A big part of the appeal is the Honda Ridgeline’s smaller size, taking advantage of the fact that rivals like Ford haven’t sold the midsizes like the Ranger in the US for years.
Another thing that’s so appealing about owning a Honda pickup truck is the features. Whereas many trucks are known for their rugged capabilities, the 2017 Honda Ridgeline makes owning a pickup fun, with tailgating features like speakers in the bed, a 400-watt outlet, and a cooler-sized compartment with a drain that can be filled with ice and your beverage of choice.
While the big three are still the reigning champions, the Honda pickup truck has found its niche. Check it out at Jack Matia Honda.