News & Events

12-12-11 - 2012 CR-V's in Stock and Available for Immediate Delivery Now!

12-08-11 - Honda Accord & Fit receive Car and Driver Magazine's "10Best Cars" Awards

Car and Driver magazine has named the 2012 Honda Accord 4-cylinder and the 2012 Honda Fit as two winners of its prestigious and highly competitive, annual "10Best Cars" award. Now in its eighth generation, the Accord has achieved "10Best Cars" status 26 times in the 30 years that Car and Driver editors have been conducting the competition, more than any other vehicle in the award's history. The Honda Fit has been honored with "10Best Cars" status in each of the six years that it has been on sale in the United States.

"The Car and Driver '10Best Cars' awards document a proud history of great cars in America over the last 30 years," said John Mendel, executive vice president of American Honda Motor Co., Inc. "Honda is honored to again have two of our vehicles included among the best of the best."

The Fit has been sold in the U.S. since the 2007 model year and is manufactured in Sayama, Japan. The Accord has been sold in the U.S. since the 1976 model year and has been manufactured in Marysville, Ohio since 1982.

Honda Car and Driver "10Best Cars" Award History

10-19-11 - 2012 Civic Sedan 5 Speed Automatic LX Featured Special Lease

09-28-11 - Honda and 2011 J.D. Power and Associates Initial Quality Awards

As part of our agreement with J.D. Power to market the IQS awards that Honda won, J.D. Power developed a web site that describes all the awards in more detail.

You can view this web site at: http://www.jdpower.com/microsites/honda

Dealers may link to the J.D. Power IQS web site from their web site, by using the following language which has been approved by JD Power. Any alternate language must be approved by J.D. Power by emailingpermissions@jdpa.com.

The approved language for the link is:

Honda stands for quality. We ranked highest in initial quality for sub-compact car, compact car, compact crossover/SUV, midsize car, midsize crossover/SUV and midsize pickup. Honda has received more 2011 J.D. Power and Associates Initial Quality Awards than any other automaker.

To learn more about Honda quality, visit www.jdpower.com/microsites/honda

As a reminder, dealers can also download a two-page, J.D. Power-branded document that explains Honda's IQS wins from AdBuilder. This two-page document can be printed and distributed to customers who visit dealer showrooms. We encourage you to use this powerful sales tool.

Thank you.

08-12-11 - 2012 Accord Sedan 5 Speed Automatic LX Featured Special Lease

06-02-11 - Extended Honda Graduate Program

Honda Financial Services is pleased to extend the Honda Graduate Program, through September 6, 2011.  The updated Honda Graduate Program will continue to provide you with a great tool to attract buyers just getting started in their careers, and contribute to lifetime owner loyalty.

Here are some of the highlights and parameters of the Honda Graduate Program:

• New Retail Rate of 4.99% APR up to 60 months for all qualified customers
• New Retail Rate of 5.49% APR for 61-72 months for all qualified customers 
• Deferred 1st payment for 90 days, with 60 days of no interest (new retail only)
• Honda Financial Services current standard lease rates applies
• New retail advance is 110% of dealer cost
• Lease advance is 100% of MSRP
• Minimum credit tiering criteria do NOT apply to the Honda Graduate Program*
• Dealers are not eligible for dealer mark-ups
• Standard Flat Fee criteria applies

* The following only applies to the Honda Graduate Program.  Customer qualifies for the tier based on their FICO score regardless of length of time on bureau and the number of tradelines.      

Qualifications
• Graduate or will graduate with a master’s, bachelor’s, or associate’s degree from a U.S.- accredited  college or registered nursing school
• No adverse credit history
• Proof of employment with a start date of 120 days from the date of the finance contract
• Eligibility period covers 4 months prior to graduation and up to 2 years after graduation
• 5% minimum down
    

05-24-11 - Minivan market is weirdly fierce: Putting 6 to the test By James R. Healey, USA TODAY

 Complete USAtoday story/review of the minivans (Odyssey wins!)
>
> http://www.usatoday.com/money/autos/2011-05-22-minivan-shootout_n.htm

03-04-11 - Forbes.com

Autos
The Most Value-Packed Cars
Hannah Elliott, 02.22.11, 4:30 PM ET

Things are looking up for the auto industry this year: Global new car sales are expected to rise 6% over 2010, which would beat the record 70 million units sold in 2007. J.D. Power and Associates has said U.S. auto sales will reach 13 million units this year, an increase of 12% over 2010.

But a lot could happen to derail the rosy forecasts. Unrest in Egypt and the Middle East has the oil market on edge, and higher prices or the fear of them directly affects how and when consumers spend money on a new car--and which type they choose.

The main thing drivers want these days is something they can trust for the long haul, says David Wurster, head of product development and analysis for the automotive analytics firm Vincentric. An unstable outlook for fuel costs affects more than you might think--in everything from compact cars to SUVs.

In Pictures: The Most Value-Packed Cars

"If fuel jumps up to $4 a gallon, now all of a sudden nobody will want trucks," Wurster says. "Then the residuals will start to fall and as a result the deprecation will go up and the cost of ownership will go up."

These days, compacts are some of the safest bets when it comes to getting the most value for the money. The Mazda2, Nissan Versa and Chevrolet Cruze take three of the first four spots on our list of the most value-packed cars on the market.

Behind the Numbers
To compile our list, we used cost-of-ownership data from Vincentric, which is based in Bingham Farms, Mich. We first selected the 114 vehicles that received overall value ratings of "excellent." We then ranked them based on the manufacturer suggested retail price and how overall ownership costs over five years are affected by depreciation, taxes and fees, fuel costs, insurance, interest, maintenance, opportunity costs and repairs. We chose the top 10 vehicles from that "excellent" group with the lowest cost of ownership to be on our Most Value-Packed Cars list.

The data assumes an annual rate of 15,000 miles driven per vehicle and fuel outlays of $2.899 for regular, $3.189 for premium and $3.186 for diesel fuel. Fuel prices are a weighted average of national fuel prices from the previous five months that is skewed toward the more recent months. All costs are plotted as projections based on forecasts by Vincentric analysts, and gas prices include a 3.5% inflation rate.

Depreciation is the biggest factor in determining how much a vehicle will cost the owner. Most new cars lose anywhere between 10% and 20% of their sticker price the moment they leave the lot--luxury cars tend to depreciate more than others, thanks to price premiums based on brand image, interior trim and newfangled technology rendered obsolete by the model's next generation.

One of the reasons the Toyota Prius made our list is because of its outstanding depreciation ratio. Alt-fuel vehicles in particular do well with on resale lots.

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"Diesels and hybrids have excellent resale values," says Jake Fisher, the senior automotive engineer at Consumer Reports. "If you want to go out and buy a 60,000-mile Prius, you'll pay top dollar for it."

It's Hard to Beat a Low MSRP
Cars made by non-luxury manufacturers have something else going for them when it comes to a list like this: They simply cost a lot less than a new Porsche 911 or a BMW M3.

In fact, no vehicles on our list cost more than the $26,850 Prius--though the $26,645 Honda CR-V comes close. Four of the 10 models on our list are made by Honda, and two by Toyota, both companies known for inexpensive-but-reliable cars.

"It's a general rule that the cost of ownership number is going to be a lot higher for an expensive vehicle," Wurster says. "Think about sales tax. Since you're not looking at ratios or percentages--it's just gross tax--the number is going to be higher on something expensive. "

Of course, a low initial price doesn't guarantee a good value. The $11,965 Chevrolet Aveo, $13,255 Toyota Yaris and $13,320 Ford Fiesta, for instance, all cost less than the $14,180 Mazda2 and the $20,825 Honda Element--both of which made our list. But their relatively high depreciation rates and proportionate repair costs shot their overall cost of ownership much too high to qualify as good values.

Still, a low MSRP helped several pickup trucks and crossovers make the list, like the $19,745 Hyundai Tucson and the $22,515 Toyota Tacoma. They both demand a bit more for fuel costs over five years than their smaller counterparts, but their reliability (low maintenance and repair costs), low MSRPs and--most importantly--current low depreciation rates qualify them as value-packed vehicles.

Now if only more of their big-rig brethren could follow suit.

11-11-10 - Honda Accord assigned highest rating in U.S. crash tests

  Honda Accord assigned highest rating in revised U.S. crash tests
 
 
  WASHINGTON (Bloomberg) -- Honda Motor Co.'s Accord received the best
  possible safety rating among 2011 model-year passenger cars tested for
  crashes under new U.S. evaluation standards, edging ahead of Toyota Motor
  Corp. and Hyundai Motor Co. sedans.
 
 The mid-size Accord, Honda's top-selling U.S. model, got an overall
 five-star rating, according to results posted on the U.S. National Highway
 Traffic Safety Administration's website.
 
 Of 40 models tested so far, six rated five stars overall. The Accord is the
 first to get five stars in each of three crash categories tested by NHTSA.
 
 Transportation Secretary Ray LaHood said last month that the ratings are
 aimed at boosting overall safety and ensuring the results more accurately
 reflect the crashworthiness of new cars and light trucks. Changes include
 the use of female crash- test dummies for the first time, along with male
 versions, to collect data about injuries to the chest, head, neck and legs.
 
 The 2011 Accord sedan received five stars on side and frontal crashes and
 rollovers, according to NHTSA.
 
 Hyundai's Sonata, with an overall five-star rating, scored the top score on
 side-crashes and rollovers and four stars in frontal crashes, NHTSA said
 last month. Toyota's Camry, the best-selling U.S. passenger car, rated
 three stars overall, earning three stars for side and frontal crashes and
 four stars for rollovers.
 
The agency continues to test 2011 model-year cars and trucks and is adding
 the results as they are complete. The results are available at
 www.safercar.gov.
 
Read more:
 http://www.autonews.com/apps/pbcs.dll/article?AID=/20101110/OEM/101119983/1273#ixzz14vI68EtT