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Monday, 28 November 2016
Cap's Black Book states the Honda Jazz and HR-V both retain higher Residual value than their competition.
Residual values for Honda Jazz and HR-V crossover exceed expectations
New HR-V holds significantly more value than Nissan Qashqai
Jazz RVs 12.1% higher than Ford Fiesta
Similar RV improvements forecast for all-new Civic
Two of Honda’s newest and most popular models – the stylish Jazz city car and acclaimed HR-V crossover – have outperformed all forecasts to achieve market-leading residual value levels, according to 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.
In addition, 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 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), said: “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.”