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Acura RDX Receives 2014 ALG Residual Value Award

Posted by   on November 18th, 2013 No comments
2014 Acura RDX

2014 Acura RDX – 2014 ALG Residual Value Award

Official release from acuranews.com:

11/18/2013 – TORRANCE, Calif.

  • Acura RDX earns residual value award for Premium Compact Utility Vehicle
  • Acura Brand continues outstanding performance in annual ALG residual value study

The Acura RDX luxury crossover SUV has earned a 2014 ALG Residual Value Award by delivering the highest projected three-year resale value of any vehicle in the Premium Compact Utility Vehicle category.  According to ALG, the honor also recognizes the exceptional vehicle quality, strong brand desirability and long-tem reliability of the RDX.  Since 2000, Acura has earned seven model awards and three overall luxury brand awards from ALG.

As the leading provider of residual value information to the automotive industry, ALG’s annual Residual Value Awards honor the vehicles in each industry segment that ALG predicts will retain the highest percentage of their original price after a three-year period.

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Filed under: Acura News, Acura Official Releases, RDX
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Acura Earns Top Honors in Edmunds.com 2013 Best Retained Value Awards

Posted by   on June 17th, 2013 No comments

Acura Advance

Official release from acuranews.com:

Acura has highest projected five-year resale value among all luxury brands

06/17/2013 – TORRANCE, Calif.

For the second consecutive year, Acura led all other luxury brands in the Edmunds.com Best Retained Value® Awards with the highest projected residual value, of 45.1 percent, after five years of ownership.  The study is based on Edmunds.com’s True Market Value® (TMV®) tool, which projects a vehicle’s average resale value after five year’s of ownership at the time of the new-vehicle purchase.

“This recognition from Edmunds.com speaks to the clear advantages of the Acura brand in offering its customers outstanding luxury performance, features and technologies that few of our competitors can deliver at a price that none of them can match,” said Jeff Conrad, vice president of sales for Acura.  “It’s yet another proof point that Acura is delivering truly outstanding value on a luxury scale and smart luxury buyers are taking notice.”

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Filed under: Acura News, Acura Official Releases
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Acura Tops Luxury Brands in Edmunds.com’s 2013 Best Retained Value Awards

Posted by   on June 11th, 2013 No comments
2013 Acura MDX

2013 Acura MDX

For the second consecutive year, Edmunds.com has recognized Acura as the top luxury brand in its Best Retained Value® Awards.

“Jeep and Acura took home the top prizes in Edmunds.com’s third annual Best Retained Value® Awards, which recognize the brands and new car models that have the highest projected residual values after five years based on their average True Market Value® (TMV®) price when sold new. Jeep won in the non-luxury division with a projected 50.6 percent residual value after five years, and Acura won the luxury crown with a projected five-year residual value of 45.1 percent.”

The Acura MDX received an Honorable Mention in the SUV Over $45,000 category.

Visit Edmunds.com for more information or click here for the press release.

[Source: Edmunds.com]

Filed under: Acura News, MDX
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Acura Tops ALG’s Canadian Residual Value Awards

Posted by   on February 13th, 2013 No comments

Acura Advance

Official release from hondanews.ca:

Honda and Acura Recognized with Eight Prominent Awards for Best Residual Value

TORONTO, ON (February 13, 2013) – Honda Canada today kicked off the 40th annual Canadian International Auto Show (CIAS) in an impressive way by winning eight different awards for its Honda and Acura brands from ALG and Canadian Black Book – all of which are testament to the quality, reliability and value that both the Honda and Acura brands deliver to Canadian consumers.

“Receiving these awards from ALG and Canadian Black Book for our most popular vehicles as well as our brands, truly reflects our commitment to providing consumers with a quality product with the best possible value available,” said Dave Gardner, Vice President of Sales and Marketing, Honda Canada Inc. “We are committed to building on this recognition and continuously strive to achieve the same success throughout our entire lineup.”

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Acura Receives ALG’s 2013 Residual Value Award for Best Premium Brand

Posted by   on November 26th, 2012 No comments
Acura RDX - Premium Compact Utility Vehicle Segment Winner

Acura RDX – Premium Compact Utility Vehicle Segment Winner

Official release from acuranews.com:

Acura Receives ALG’s 2013 Residual Value Award for Best Premium Brand for Long Term Value 

2013 Acura RDX earns residual award for Premium Compact Utility Vehicle

11/26/2012  - TORRANCE, Calif.,

Acura was named the Best Premium Brand for 2013 by ALG, which recognizes the entire Acura lineup for exceptional vehicle quality, strong brand desirability, and long-term reliability. The all-new 2013 Acura RDX performance-luxury SUV also ranked highest in the Premium Compact Utility Vehicle category. Since 2000, Acura has earned six model awards and three overall luxury brand awards from ALG.

As the leading provider of residual value information to the automotive industry, ALG’s annual Residual Value Awards honor the vehicles in each industry segment that ALG predicts will retain the highest percentage of their original price after a three-year period.

We are honored by ALG’s selection of Acura as Best Premium Brand for long-term value which helps demonstrate what’s smart about our ‘smart luxury’ brand values,” said Michael Accavitti, vice president of National Marketing Operations for the Acura brand. “With RDX earning a best in segment award for Premium Compact Utility Vehicle, ALG is confirming what our customers have been telling us by purchasing the all-new RDX in record numbers for the past six months.”

ALG determines the award winners through careful study of the competition in each segment, historical vehicle performance and industry trends. Vehicle quality, production levels relative to demand, as well as pricing strategies are among the key factors that affect ALG’s residual value forecasts.

“Acura receives the 2013 Premium Brand Residual Value Award through disciplined fleet and incentives strategies, along with intuitive packaging structure across the lineup,” said Larry Dominique, President of ALG. “Acura has been bolstered with effective new products like the all-new ILX and redesigned RDX and continues to provide a strong proposition of value and luxury.”

About ALG
Based in Santa Barbara, California, ALG is a leading provider of insights and consulting services to the automotive industry. ALG publishes the Residual Value Guidebook – the benchmark for residual value projections in North America, and has been forecasting automotive residual values for nearly 50 years in both the U.S. and Canadian markets.  For more information, visit www.alg.com.

About Acura
Acura offers a full line of technologically advanced performance luxury vehicles through a network of 272 dealers in the United States. The Acura lineup features seven distinctive models including the RL luxury performance sedan, the TL performance luxury sedan, the TSX Sport Wagon and sedan, the ILX compact luxury sedan, the RDX luxury crossover SUV, the MDX luxury sport utility vehicle and the ZDX four-door sports coupe. Additional media information, including detailed pricing features and high-resolution photography of the 2013 Acura RDX is available at www.acuranews.com  Consumer information is available at www.acura.com.

[Source: Acura]

Filed under: Acura News, Acura Official Releases, RDX
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Acura Awarded Edmunds.com Best Retained Value Award for a Luxury Brand

Posted by   on April 19th, 2012 No comments

Acura Advance

Official release from www.acuranews.com:

04/19/2012 – TORRANCE, Calif.,

Acura has earned the 2012 Best Retained Value® Award for a luxury brand from Edmunds.com. The Acura MDX also captured the model award for best SUV Over $45,000. Acura was given the awards for maintaining the highest projected residual values after five years of ownership as a percentage of value when new.

“It is an honor for Acura to win this award from Edmunds.com,” said Jeff Conrad vice president of Acura sales. “Acura is committed to the philosophy of smart luxury, offering customers vehicles with robust feature content and premium appeal providing lasting value on a luxury scale.”

“With Acura beating out all other luxury brands” said Joe Spina, Director of Remarketing at Edmunds.com. “Acura’s family of vehicles continues to expand the brand’s status as one of the best values available to luxury car buyers today.”

[Source: Acura]

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Acura and Honda Top Edmunds’ 2012 Best Retained Value List

Posted by   on April 18th, 2012 3 comments
2012 Acura MDX
Best Retained Value SUV Over $45,000: 2012 Acura MDX

After an honorable mention last year, today Edmunds.com has announced Acura as the top luxury brand winner in its 2012 Best Retained Value® Awards. In its second year, the awards aim to recognize brands and individual models that have the highest projected resale value after five years according to Edmunds’ data.

“Edmunds.com found that Honda’s average projected retained value after five years is 47.9%, while Acura’s average projected retained value is 44.6%.”

The Acura MDX took top spot in the SUV Over $45,000 segment, while the Acura TL and TSX are honorable mentions in the Sedan $30K-$40K segment.

“Honda has long had a reputation for dependable used vehicles, and that is reflected in today’s booming used car market, “ said Joe Spina, Director of Remarketing at Edmunds.com. “And with Acura beating out all other luxury brands, Honda’s family of vehicles continues to expand the company’s status as one of the best values available to car buyers today. “

This is Acura’s first time as the Luxury brand winner and Honda’s second consecutive win in the Non-Luxury division.

Visit Edmunds.com for more information or click here for the press release.

[Source: Edmunds.com]

Filed under: Acura News, Honda News, MDX
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Acura Ranked Second in ALG 2012 Residual Value Awards

Posted by   on November 22nd, 2011 No comments

2012 Acura TL

In ALG’s 13th Annual Residual Value Awards we once again see Acura as one of the top luxury brands when it comes to resale value. Japanese automakers continue to dominate for 2012 with Lexus taking the top spot followed by Acura and Infiniti. While no Acura models were segment winners in 2012, Acura has consistently placed in the top three for luxury brands over the past few years. Acura was the runner-up in 2011, and was ranked first in 2010 and 2009.

“Recognizing that residual values are a widely used measure of brand health and vehicle quality, ALG honors those vehicles in each segment predicted to retain the highest percentage of their original price after a three year period. The annual awards are derived after careful study of segment competition, sales strategy, resale performance, and industry residual values. ALG also includes Industry Brand Residual Value Awards, bestowed on the brands with the highest predicted resale values among all mainstream and luxury vehicles.” – ALG

Head over to www.alg.com to view the full press release.

[Source: ALG]

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