One of the real tests of a car brand is how well it holds its value over the years. Any car that maintains a high resale value is one that car buyers are putting a high premium on. After a vehicle has some significant miles on the odometer, if it continues to command a high price, you know that's a car that's well worth considering. It's no secret that Honda has been when one of the strongest brands in the country when it comes to retaining its value over the years. Here are some of the reasons that Honda maintains a high resale price and why you should consider getting a new or used Honda at Navarre Honda in Lake Charles, LA.
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Honda’s corporate integrity is a cornerstone of its value proposition
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Honda has been making reliable, high-quality vehicles for 75 years and it's earned a reputation for being one of the most trusted brands in the country. One of the reasons Honda cars, trucks and SUVs retain their value is because Honda packs so much into every model. Honda uses high quality materials that last a long time and the company stays committed to a proven formula of creating comfortable, attractive vehicles that wear well and look good over the years.
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Quality: The most fundamental strength that Honda is known for
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Honda devotes enormous attention to every detail in its engineering and design. Honda leadership has established a tradition of listening to customers and responding to their needs when it’s developing a new model. Every automotive brand claims to provide a high level of quality but the market has clearly singled out Honda as a company that comes through in the quality department. That's evident in Honda's consistently high resale value in communities like Sulphur and Orange TX.
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Reliability: Another quality people are willing to pay more for
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According to RepairPal, a digital automotive resource, Honda earns a reliability rating of 4.0 out of 5.0 and that ranks it #1 among all car brands studied. That's based on average annual repair costs that looked at a total of 345 different models. In addition, RepairPal noted that Honda has fewer visits to the repair shop every year and only a 10% probability that a repair will be classified as severe. That’s why buyers have found Honda reliability in real life and why the brand has such positive word-of-mouth.
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Fuel economy and variety: Two more valuable Honda advantages
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Over the years, as some car makers produced vehicles without much regard to fuel efficiency, Honda has been consistently committed to building cars, trucks and SUV's that help keep your fuel costs down as you drive around Moss Bluff or Jennings LA. In addition, Honda has created a broad lineup of vehicles for just about every kind of buyer. Families can find a lot to like in the Honda lineup with spacious, comfortable SUVs and minivans. Other buyers appreciate the virtues of Honda’s stylish sedans and hard working pickups.
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Honda has made safety a top priority
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The designers and engineers at Honda show their dedication to protecting you and your family by developing an extensive array of advanced safety technology. Honda has created its own unique safety features like BSI, the Blind Spot Information system that can alert you to other vehicles approaching you from the side in places you can't easily see. It's part of the exclusive Honda Sensing® technology that's available in models like the new Honda CR-V, Civic and Accord.
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Honda can you money in maintenance and ownership costs
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When Honda vehicles are well-maintained according to factory recommendations, they will last longer and perform better. That approach to regular maintenance helps keep repair costs to a minimum and makes Honda models less expensive to own. Shop our used inventory and schedule a test drive at Navarre Honda in Lake Charles, LA.
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