Fleet News

Accord leads class for low first-year depreciation

HONDA is claiming class-leading residual values with its Swindon-built Accord saloon now that one-year-old models are reaching the used car forecourts. Based on Glass's Guide figures, most individual Accord models command a trade value of about 80% of their original list price with retail values approaching 90%, putting the model top of the D-sector saloon list of 1998 S-plate models with 14,000 miles recorded.

Glass's Guide senior car editor Jeff Paterson said: 'Traditionally Hondas hold their price very well because of their excellent quality and reliability - which makes them a popular choice with used car buyers. The exceptionally strong residuals of the Accord is testimony to this, coupled with the novelty value and relative scarcity of the new-shape model.'

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