Honda awarded by ALG

"For the last 40 years, ALG has predicted which model year vehicles will retain the highest percentage of their original price over a three-year period. It has served Miami, Coral Gables and Miami Beach as the premier reference for residual vehicular values for decades. Honda was honored to have three of their 2010 model year vehicles selected for this recognition.

The Accord won the highest award in the Best Midsize Car Category, the Fit triumphed in the Best Compact Car category and the Odyssey proved to be the winner in the Best Minivan category.This is certainly not the first time Honda has brought home such honors - since 2001, the brand has taken home over 19 model awards and six overall brand awards from the publication.

In a challenging economy, residual value moves up on the list of buyer considerations," said Executive VP of American Honda John Mendel, "These ALG awards once again recognize Honda's commitment to offer high-quality products with long-term value.

Winners are determined after careful historical study of each segment and close scrutiny of vehicle performance and industry and sales trends.All of this is carefully quantified, along with overall vehicle quality, production levels and pricing strategies to be the key factors in ALG's forecasts.

Congratulations, Honda, though your wins are hardly an upset - Honda has routinely designed, produced and marketed some of the most reliable vehicles South Florida has ever seen. Their dedication to producing economical, reliable and long-lasting vehicles under the company's banner has been a lifetime goal of this most-beloved brand. Their success in developing vehicles with the highest residual value should come as no surprise to anyone that has ever sat in or driven a Honda. Check out our current Honda specials on our Miami lease and Miami financing specials on our Weekly Miami Specials page.