2015 Honda CR-V Wins ALG Residual Value Award

The 2015 Honda CR-V was award the best residual value award from ALG.

The 2015 Honda CR-V was award the best residual value award from ALG.

The 2015 Honda CR-V received the Best Residual Value Award for Compact Utility Vehicles, one of the most important awards a vehicle can win every year. Residual, or resale value, is very important because you want the vehicle to have value when it’s time to trade it in.

Residual Value comes from ALG, the authority on vehicle value and quality. The CR-V was refreshed and updated for the new year, beating out comparison competitors including the Toyota Rav4 and Subaru Forester.

ALG chooses its award winners based on historical date, performance and industry trends. Vehicle quality, production levels relative to demand, and price are among the key factors considered by ALG.

Specifically, ALG said the CR-V won again this year because of its 2015 redesign. ALG also said Honda made the list because it remains the top-selling SUV, even without high incentive and zero fleet sales.

As ALG says in its scorecard: “The CR-V is on nearly every shopping list for buyers in this segment, and Honda has done a great job of updating its winning formula.”

The CR-V underwent a front face lift in the new year, with updates to the grille and headlights. Inside there are a number of technology and safety innovations.  For the first time ever, the CR-V even offers heated leather seats.

Read more: 2015 Honda CR-V Review

The CR-V also received MotorTrend’s Sporty Utility of the Year Award this year. 

Waikem Honda has a great selection of Honda CR-V models to chose from today. And if you want your vehicle to have maximum value at the end of your time with it, there’s no reason to consider any competitor.

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