Like millions of Americans during tax season, you’re probably excited to file your taxes and see how much extra cash Uncle Sam’s sending your way. About 5% of American families will spend their entire tax refund on a major purchase like a vehicle. But not every vehicle gets you a great return on investment, so it’s important to place your tax refund on the best car—on the winning car.
And so the process goes. You research. You compare. You get quotes from car dealers near you. You research some more and track resale values of popular models, hoping to choose one that’ll provide you with more money back in five years. All that work lands you with an obvious choice: A Honda.
As one of the most respected and confidence-inspiring auto brands, Honda frequently has several vehicles that make it onto KBB’s Best Resale Value Awards list. Here are some of the best Honda models to put a down payment on based on KBB’s* estimated resale values:
Families needn’t look for any other vehicle to buy with their tax refund. With a 60-month resale value of 44.3%, last year’s Honda Pilot* sits atop 2019 KBB’s list of best buys in the mid-size SUV segment. Reason number one: Pilot’s incredibly comfortable, more so than just about every other SUV in its class. Front seats are supportive and cushiony. Second-row captain’s seats recline and slide without much effort thanks to Honda’s accessible one-touch system. Tri-zone climate is a win for all eight passengers.
Technology is another big reason why families should opt for the Honda Pilot. CabinTalk®, Honda’s patented in-vehicle PA system, is available in select Pilot trims and offers drivers the ability to communicate with those in the rear seats, almost as if they were literal pilots. Wireless phone charging* and a Rear Entertainment System are gifts for parents everywhere.
A staple of both American roadways and Jacksonville driveways for decades, the polished and affordable Honda is perfect for younger adults who expect greatness with every mile driven. Tax refunds spent on any other small sedan would be a waste, as buying the Civic earns you back an estimated 41.2% of its value after 5 years—the most amongst the compact car class. You’ll save money driving the Civic, too. The EX and EX-L Civic trims return up to 32 mpg in the city and 42 on the highway—numbers that are at the top of the segment.
For a competitive price, you get an incredible array of tech with the Civic. Honda Sensing, the company’s first-rate advanced driver-assist and safety suite, is standard starting with the base Civic LX. This includes adaptive cruise control and lane keeping assist. Step up to Civic Sport or EX (and up) to receive standard Apple CarPlay and Android Auto integration, two front USB ports, a 7-inch touchscreen, and more.
If you plan on buying a smaller car that’s reliable, trust none other than the Honda Civic. Contact your Honda dealer to ask about any tax return deals on the newest Civic.
For many homeowners and do-it-yourselfers, the Honda Ridgeline is the ideal midsize truck. Its dual-hinge tailgate makes loading and unloading a simple task. A 7.3-cubic-foot lockable in-bed trunk—an exclusive feature within the midsize pickup class—keeps tools safe, secure and out of sight. Ridgeline is also the only midsize truck that can store 4’x8’ boards flat, which should be a perk to anyone looking to tackle a home renovation with their tax return.
Ridgeline’s unibody construction offers the most sedan-like driving experience in the entire segment, too. A four-wheel independent suspension with torque-vector AWD provides an impressive amount of stability on asphalt, gravel or dirt. Compared to the rival Tacoma, Ridgeline’s step-up height is much more accommodating for the vertically challenged, and Ridgeline’s front seats are comfortable, even for long-distance travel.
Honda Ridgeline’s best asset may be its resale value; KBB estimates the Ridgeline to get up to 51.3% of its value back after 60 months, which is one of the highest numbers in the class.
For an affordable mix of SUV, sedan and truck, the new Ridgeline is the pick. Call your Honda dealership to test drive the Ridgeline and start an auto financing application.
You can even pair your tax refund with a trade-in at any of our Honda dealerships near Jacksonville. Request a quote today or visit your First Coast Honda Dealers to receive a trade-in estimate. Our dealerships serve all of NE Florida and SE Georgia, and we have numerous Honda lease deals available throughout tax season. Stop in!
*KBB estimated resale values for 2019 Honda models.
*2019 Honda Pilot. For more information, visit KBB.com. Kelley Blue Book is a registered trademark of Kelley Co.
*Honda Pilot’s wireless phone charger is compatible with both Qi and Powermat wireless charging standards. Check with your device’s manufacturer for wireless capability.
*Honda Civic: 25 city/36 highway/29 combined mpg rating for Sport 6MT trim. 30 city/38 highway/33 combined mpg rating for LX CVT and Touring trims. 29 city/37 highway/32 combined mpg rating for Sport CVT trim. 32 city/42 highway/36 combined mpg rating for EX & EX-L trims. Based on 2020 EPA mileage ratings. Use for comparison purposes only. Your mileage will vary depending on how you drive and maintain your vehicle, driving conditions and other factors.