2015 Honda Fit Earns AUTOMOBILE All-star, ALG Residual Value Honors

2015 honda fit

The resurgent 2015 Honda Fit, backed by record-breaking sales volumes and a steadily filling trophy case, just picked up more hardware for the new model year: recognition as an AUTOMOBILE magazine All-Star and ALG's No. 1 rating for residual value in the subcompact segment.

The AUTOMOBILE honor actually marks the 20th time a Honda entry has been named an All-Star, with the 2015 Honda Fit lauded as follows by Mike Floyd, editor-in-chief for the publication: "We'd argue there isn't a better car on the road today starting under $20,000 than the Honda Fit. It's fun to hustle around, especially when its updated engine is mated to its new six-speed manual. It's pulled off adding more rear seat and cargo area—all while decreasing its overall footprint. And it's available with more options and safety features than ever before."

The ALG prize then shows that the 2015 Honda Fit does more than just offer award-winning value. It also holds that value for years to come. As reported by Jeff Conrad, senior vice president and general manager of the Honda Division of American Honda Motor Co, Inc.: "One of Honda's key priorities is to offer our customers vehicles that hold their value throughout the ownership experience. Our brand is committed to retail sales leadership through top-quality, well-equipped vehicles, and that sets Honda apart in a way that benefits our customers now and in the years to come."

Which helps explain why the 2015 Honda Fit was joined among the ALG segment leaders by the redesigned Honda CR-V—also Motor Trend's Sport/Utility of the Year—and the Honda Odyssey minivan.

Added Larry Dominique, president of ALG: "Honda comes to these segments with great products and great sales strategies.

"With strong transaction prices bolstered by low incentives and very few fleet sales, Honda has continued to achieve top residuals with each of these vehicles."