Acura MDX wins the 2023 JP Power Residual Value award
March 08 2023,
The J.D. Power Canada ALG Residual Value Awards are considered the industry standard practice. The Acura MDX wins JP Power Residual Value Award, and now there’s a high potential value to owning this car.
What Is the JP Power Residual Value Award?
The JP Power Residual Value award assesses commercial value, strategy, brand awareness, and quality of vehicle models. This award’s goal is to recognize which vehicles will hold a higher residual value within a period of three years.
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Why This Award Matters
The JP Power Residual Value Award is an award that helps determine the vehicle segments, which are estimated to hold the highest percentage of the MSRP of the car after a three-year period. The award plays a vital role in helping buyers assess the ownership cost and potential resale value of the car, whether it's financed, leased, or paid for with cash.
Residual Value
Residual value for cars is extremely important, as it affects the monthly payments of a car when leasing. High residual value will often mean lower monthly payments on the lease. However, this is often only the case when the residual value is lower than the market value.
What Made the MDX Win the Award?
The Acura MDX is well known for its outstanding performance and quality. James Marchand, the Assistant Vice President of Acura Canada said, “We're very proud to be recognized by J.D. Power with this award which solidifies the value the MDX holds and provides to our Canadian customers for years after leasing or purchasing.”
About the MDX
The Acura MDX that won the JP Power Residual Value Award is a stylish SUV. The vehicle offers a great performance output of 290 horsepower and 267 lb-ft of torque. This power comes from the SUV’s 3.5L Direct Injection SOHC i-VTEC V6 engine. The model comes with decent fuel efficiency, requiring a combined fuel of 11.2 L/100km.
The SUV comes standard with a 10-speed automatic transmission. The car comes with a Virtual Cockpit, giving you personalized driving info in HD. Great safety tools such as AcuraWatch come with the SUV, making driving easier and a little less dangerous while on the road.
Acura states that the MDX SUV can be ranked as a type S due to its outstanding performance, and it has its own trim to reflect this. However, this performance comes from the 3.0-litre turbo V-6 engine that has an output of 355 horsepower and 354 lb-ft of torque. Rear-biased Super Handling All-Wheel Drive helps keep the power delivered focused on the road as you drive.
An Impressive Vehicle
The Acura MDX is an outstanding vehicle, especially to have won the JP Power Residual Value Award. If you’re looking to get one for yourself, make a reservation online or pre-book a test drive at Acura of Langley.
