Press release
14KB
november 24, 2016 - Honda Auto
Honda models outperform industry RV forecasts
- Residual values for #honda Jazz and #hrv #crossover exceed expectations
- New #hrv holds significantly more value than Nissan Qashqai
- Jazz RVs 12.1% higher than Ford Fiesta
- Similar RV improvements forecast for all-new Civic
Two of Honda’s newest and most popular models – the stylish Jazz #citycar and acclaimed #hrv #crossover – have outperformed all forecasts to achieve market-leading residual value levels, according to the latest figures from RV setters CAP.
The figures from CAP’s ‘Black Book’ show the #honda #hrv Diesel will hold an impressive 77% of its value after twelve months/20,000 miles – up to 15% more than the Nissan Qashqai and even further ahead of other #crossover competitors.
And while the Jazz may be compact, its RVs are anything but. CAP’s data shows the model retains an incredible 12% more than the Ford Fiesta.
In addition, the latest generation of the Jazz is performing significantly better than its predecessor, with RVs for year-old models some 16% higher.
The results underline the quality and appeal of both the Jazz and #hrv and are underpinned by Honda’s legendary reputation for reliability.
What’s more, they demonstrate the continual progress that’s been made by the brand in improving residual values across the board.
Phil Webb, Head of Cars at #honda (UK), said: “As a brand #honda has been working very hard in close co-operation with the industry to improve residual values for all our models. Unlike rivals, we do not force registrations through heavily discounted channels and this is paying dividends.
“The RVs being achieved by the Jazz and #hrv equal those of premium brand models and far exceed even our own original forecasts. We now expect to see similarly impressive residual value figures for the all-new 2017 Civic.”
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