Last month, Acura announced that for the fifth consecutive year, it had earned the Edmunds “Best Retained Value” award for luxury brands. The Acura brand topped all other brands in the luxury segment with the highest projected residual value of 47.6 percent after five years of ownership. With this year’s honor, the Acura brand has now received the Best Retained Value award more than any other luxury brand in the award’s history. Keep reading to find out more!
The Best Retained Value award projects the residual value of a vehicle after five years of ownership. The projected residual value is based on the average Edmunds True MarketValue (TMV) price when it is sold as new. In order to be eligible for the 2016 Best Retained Value Brand Award, a brand must have had more than 100,000 unit sales in 2015 and must have had eligible models competing in at least four vehicle type categories. Jon Ikeda, vice president and general manager of the Acura Division, had this to say about the honor:
Topping the Edmunds rankings for projected retained value for eligible luxury brands for the fifth straight year is an important validation of our total focus on delivering precision crafted performance in every facet of what it means to own an Acura vehicle. Acura products continue to set the benchmark in the luxury market by providing customers with a unique combination of luxury and performance, leading-edge safety technology and exceptional long-term quality, reliability and durability.
The new Acura lineup features stylish, sleek, and sophisticated vehicles such as the 2016 Acura RDX and the favorite of the millennial, the 2016 Acura ILX. To learn more about these new Acura models, head on down to your Acura dealers serving Boston, Acura of Peabody, to speak to a member of our team today!