Do the Honda Accord, Civic and CR-V Retain their Value?
Do the Honda Accord, Civic and CR-V Retain their Value? It seems like every week Honda is winning a new award for the amazing craftsman ship of their line of vehicles. This week, Edmunds has awarded the three top-selling models with Best Retained Value Awards. The awards determine which models are projected to retain the best residual value after five years of ownership.
“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 Compact Car category, the Civic topped the category. Editors at Edmunds share, “It’s hard to overstate how much we like the 2018 Honda Civic. Equipped with the turbocharged 1.5-liter four-cylinder engine, it’s one of the best cars in its class for delivering both impressive acceleration and high fuel economy. Inside, it has plenty of room for passengers, clever storage solutions and more cargo space than most competitors in any body style. It also offers technology features that put some other compact cars to shame and safety ratings that are among the best. Available as a sedan, coupe or hatchback, the Civic has a version for every niche, and all of them are good.”
For the Midsize Car category, the Honda Accord came out on top because “its improvements are dramatic.It starts on the outside. The new Accord‘s fastback profile and pronounced styling lines make it look more luxurious and European than the norm. Inside, Honda has thoroughly reworked the interior, and it’s now one of the nicest cabins in the class. On the top Touring trim, there’s a pleasing mix of soft-touch plastic, leather upholstery, faux-leather door inserts, and convincing wood trim on the dash. Even on lower levels such as the Sport, the cabin is decked out with carbon-fiber-look trim and faux-leather-trimmed seats. Front and center is a new touchscreen that is much easier to use than the old system.”
And finally, the CR-V, a favorite among many different publication, topped its category for Compact SUV because, “the Honda CR-V was redesigned last year and, frankly, we were surprised by how deep the changes went. Rather than phone in some superficial tweaks to a top-selling model, Honda gave it a ground-up overhaul that decisively parted ways with its predecessor. The 2018 Honda CR-V sets a new pace for its rivals to follow. Among the tricks up this fifth-generation CR-V’s sleeve is a turbocharged engine that comes on all trims except for the base LX.”