With an established market reputation for building some of the best subcompact SUVs, the iconic HR-V from Honda always stands ahead because of its unbelievable market reliability. The J.D. Power’s score of 78 out of 100, awarded to the vehicle on the basis of its market reliability empowers Honda to enjoy a better market position in 2018.
The car’s reputation had been a significant advantage in helping Honda to hit a sales volume of 85,494 units in the respective year. However, the car’s market reputation came under challenge when 47 complaints were raised against the car’s brand popularity due to a faulty fuel pump, and a problematic seat belt retractor amongst others. Apart from that, 2 recalls were issued against the car for the particular year which has been registered on the NHTSA website. This did bother HR-V’s popularity against its prime rivals like the Mazda CX-3, and Toyota CH-R, along with the Hyundai Kona, which has lesser recalls in comparison. Despite these problems that challenged the car’s mass popularity, HR-V retained its value as it currently goes for an average resale price of $19,000 which was originally $21,800 when brand new.