Posts Tagged ‘Honda Civic’
At Maple Shade and Turnersville Mazda, South Jerseys premier Mazda Dealers. We are excited and proud to share the latest accomplishment of the Mazda3 Sports Sedan and Hatchback!
For the 2nd year in a row the Mazda3 was determined to have the Highest Residual Value in the Compact Car Segment.
This is a true recognition of the value the Mazda3 offer our customers. ALG the industry authority on vehicle values and depreciation acknowledges Mazda’s commitment to Quality, Value and Economy! ALG has Recognized “the Mazda3 as one of the best all-around vehicles in the Compact segment”. It’s earned itself critical acclaim by topping “Best Car” lists and receiving “Car Of The Year “ nods.
Mazda as a brand was also just ranked 3rd among all manufactures in vehicle reliability by Consumer Reports. Vehicle Reliability reflects quality and cost of ownership all of which are key factors in determining future value.
Why Is Residual Value Important?
Residual value is the projected market or resale value of your vehicle at a given time in the future. ALG, the auto industries authority strives to determine this value through careful study of the competition in each segment, historical vehicle performance and industry trends. Vehicle quality, reliability, production levels relative to demand, and pricing and marketing strategies represent key factors that all impact ALG’s residual value forecasts, or resale value, for the vehicle.
The residual value or projected resale value tells the buyer what they can expect as a future return on their vehicle purchase. For example if you purchased a vehicle for $20,000 with a projected resale value of 50% = $10,000 after 3years and maintained it as scheduled for the 3years then the buyer can expect to be able to sell it for $10000.