Honda has earned the Highest Residual Values of all mainstream auto brands thanks to the Residual Value Awards from ALG. This means that the Honda lineup is projected to retain its value over time the strongest after three years of ownership compared to any mainstream auto brand, according to ALG, an industry leader in forecasting new vehicle depreciation.

In addition to Honda's recognition as the Best Overall Mainstream Brand, the Honda Accord, Fit, Odyssey and Pilot return to ALG's list of Residual Value Awards, as these models lead the pack within their segments. 

All new this year, the 2020 Honda Passport combines rugged styling and off-road capability with on-road and around-town refinement, which helped to give it the win in ALG's Midsize Utility 2-Row category. The Pilot returns to the Midsize Utility 3-Row category, while Accord takes ALG's Midsize Car category for the third year in a row. Celebrating its 25th anniversary with a special accessory package, the 2020 Honda Odyssey retains its top spot in the Minivan category. The 2020 Honda Fit returns to the top of the Subcompact Car category for the sixth year in a row, thanks in part to the unparalleled cargo and passenger flexibility of its 2nd-row Magic Seat®.

This is the 20th annual ALG Residual Value Awards This award recognizes the various 2020 vehicles that are predicted to hold their value.

The ALG Residual Value Awards recognize vehicles in 27 segments that are projected to hold the highest percentage of their Manufacturer's Suggested Retail Price (MSRP) following a three year period. Based on a 2020 model year, winners are chosen through a careful analysis of each segment, as well as historical vehicle performance and industry trends, all while factoring in quality, production levels relative to demand, pricing and marketing strategies.

If you want to learn more about the Honda Passport, the Honda Accord, the Honda Fit, the Honda Hdyssey, the Honda Pilot or any of the other vehicles in the Honda line up, contact us today at Courtesy Palm Harbor Honda.

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