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|Home » Honda Legend News » Honda Legend hits its residual value target|
Official September figures value Legend at 35% after 3 years/60,000 miles â€“ in line with Honda targets announced at launch.
â€œThis is very encouraging,â€ said Shaun Wooton, Hondaâ€™s National Corporate Leasing Manager. â€œWe knew it was always going to be tough launching into the E sector, dominated by the German premium brands. But Glassâ€™s have proved that with the right product and realistic volume aspirations, there is plenty of room for an alternative E sector contender. A plethora of new technology on the Legend â€“ including SH-AWD and CMBS â€“ gives the car a point of difference and weâ€™re confident itâ€™s a credible alternative to the more traditional prestige brands.â€
In his Editorial Report for the September book, Jason King, Forecasting Editor for Glassâ€™s comments, â€œSo is the Legend a true competitor to the established prestige brands? In terms of specification, build quality, handling and a first class dealer network then the Honda is far from outclassed. The brand is edging closer towards its ultimate goal, and this is another step in the right direction.â€