2012 Residual Value Award Winners Honda Fit and Odyssey Available at Local Dallas Honda Dealer

Online, November 21, 2011 (Newswire.com) - Honda Cars of McKinney is proud to announce that the ALG's 2012 Residual Value Award winners Honda Fit and Honda Odyssey are available at the local Dallas dealership. The 2012 Fit and Odyssey received the residual value designation for retaining the highest percentage of their original purchase price after a three-year period.

The Fit was the winner in the sub compact category for the fourth consecutive year, a great testament to the quality vehicle that Fit offers on a yearly basis. The Odyssey beat out the competition in the minivan (MPV) segment for the second year in a row. The residual value that ALG details for each vehicle is a major factor in buyer's decisions to purchase a vehicle and ALG is highly regarded in the industry.

Many factors go into the residual value percentage for each vehicle including other vehicles in the category, historical vehicle performance, resale statistics, and industry residual values. Since 2001, Honda has been honored with 24 ALG Residual Value awards for models and six Overall Brand Residual Value Awards. Honda has been well-known for the quality of its vehicles and the ALG Residual Value Awards are a testament to Honda quality.

"We are delighted to receive two Residual Value Awards from ALG for the Fit and the Odyssey," said John Mendel, executive vice president of sales for American Honda. "From the smallest to the largest, Honda vehicles are designed to provide class-leading quality, feature content and value to our customers."

For more information on the 2012 Honda Fit and Odyssey, or to schedule a test trive, visit Honda Cars of McKinney in Dallas and speak with their helpful staff associates. Make sure to follow Honda Cars of McKinney online on Twitter with the handle @HondaMcKinney and on Facebook username HondaCarsofMcKinney.