why do honda automobiles have such high resale value?

Posted by admin | Buying & Selling | Monday 23 August 2010 11:20 pm
bdwood73 asked:


i shopped and shopped for honda accords and by comparison to other makes and models with similar age and mileage, honda is way more expensive.

Ashley

9 Comments »

  1. Comment by sp4cemanspiff — August 26, 2010 @ 11:56 pm

    Jared

    bcuz people like hondas

  2. Comment by valsbunny — August 29, 2010 @ 10:10 am

    Carlos

    i dont realy know but my guess is its brand name

  3. Comment by katchoo1 — August 31, 2010 @ 9:24 pm

    Wanda

    That’s because they are known to be a good deal because they tend to have fewer problems and be reliable even with high mileage. Therefore even older models are more in demand than other cars at a similar age. Toyotas have similar resale value for the same reason.

  4. Comment by BiGbOiDuMpStA — September 3, 2010 @ 7:17 am

    Tamara

    they last a really really long time

  5. Comment by Jess — September 5, 2010 @ 5:53 am

    Holly

    honda’s last a long time.. they hold their value becuase they simply out last many other makes… i have one you want it?? i’m selling it!!

  6. Comment by mr.wonderful — September 8, 2010 @ 1:52 pm

    Ida

    It’s because they are very well-built. We’ve owned several Hondas, and never had any problems. They run the same at 9,000 miles as 90,000 miles! And really, that’s true. You get what you pay for, eh? If you can spare the money, I’d get one.

  7. Comment by vertigo — September 9, 2010 @ 3:04 pm

    Tony

    Everyone always expects Hondas to be the most hassle-free. They just keep going and going and going. Its all word of mouth that made it that way. Civics are also rated very high every year. They’re not that exciting but they last. I once had a ten year old one that never had a single problem.

  8. Comment by sassiest_princess — September 12, 2010 @ 3:06 pm

    Jeremy

    I was about to buy one. I bought a camry instead. I think they have a higher resale value because of their quality, dependability, and their consumer appeal.

  9. Comment by footballpimp4evr — September 14, 2010 @ 3:40 pm

    Douglas

    honda’s get such good resale value b/c its a good car to hold on to. If it breaks down its extremly cheap to fix compared to other cars.

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