Honda has been receiving plenty of awards of late and have enjoyed critical success with the revamp of popular models released over the course of 2016 and now news has arrived at MotorMartin Towers regarding two of Honda’s newest and most popular models, the stylish Jazz city car and acclaimed HR-V crossover. Honda have shared with MotorMartin that the two models have outperformed all forecasts to achieve market-leading residual value levels, as highlighted by the latest figures from RV setters CAP.
The figures from CAP’s ‘Black Book’ show the Honda HR-V 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. A fantastic result.
In addition, It’s been explained to MotorMartin that 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 HR-V and are underpinned by Honda’s legendary reputation for reliability.
What’s more, they demonstrate, Honda say, 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), informed MotorMartin that: “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 HR-V 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.”
Well done then to Honda, the products really do speak for themselves and the residuals certainly confirm this to be the case. You won’t go wrong with either.
Where will you go?